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$1,200,000
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Property Description
Rare Oceanfront Fixer Opportunity with Two Separate Homes on one lot - now offered at an exceptional new price. This versatile 7,825 sq ft oceanfront property is zoned B-1, opening the door to residential, rental, or mixed-use potential in a truly prime location. Property Highlights: "¢ Dual dwellings with private entrances "¢ Separate electric meters & laundry rooms "¢ Spacious shared courtyard ideal for outdoor living & entertaining Street-Side Home "¢ 1,118 sq ft | 4 Bedrooms | 2 Bathrooms "¢ $18,000 in recent plumbing & electrical upgrades Oceanfront Home "¢ 784 sq ft | 2 Bedrooms | 2 Bathrooms "¢ Incredible oceanfront positioning with endless potential Live in one, rent the other, or reimagine the property to suit your vision. With zoning flexibility, recent improvements, and a significant price adjustment, this oceanfront offering represents an outstanding value and a rare chance to create something special. Some photos virtually staged. Homes are not currently furnished. Opportunities like this don't come around often - especially at this price and location.
Full Property Details
Full Property Details for 47-659 Kamehameha Hwy
General
- Price: $1,200,000
- Taxes: $4,248
- Status: Under Contract
- Type: Single Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202504594
- Updated: 1/15/2026
- Added to Site: 314 day(s) ago
Rental Information
- Complex Features: Deck/Porch, Patio, Storage Facilities
Interior
- Interior Features: Bedroom on Main Level, Full Bath on Main Level
- Flooring: Ceramic Tile, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Security/Safety: Key Card Entry
Parking
- Total Spaces: 4
- Parking Features: Three or more Spaces
Location
- Area: Kaneohe
- County: Oahu
- Subdivision: KAALAEA
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Cesspool
- Water: Public
- Utility Description: Above Ground Utilities, Electricity Available, Other, Water Available
Structural Information
- Architectural Style: Detached, Multiplex
- Detached/Attached: Detached
- Construction: Single Wall, Wood Frame
- Stories/Levels: 1
- Square Feet: 1,902
- Living Area: 1,902 Sq. Ft.
- Year Built: 1957
- Property Condition: Average Condition
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: Coastline, Ocean, Sunrise
- Lot Size: 7825
- Frontage: Highway
- Fence: Yes
- Topography: Level
- Lot Features: Interior Lot, Other, Level
- Zoning: 31 - B-1 Neighborhood Business
- Fencing (Description): Fenced, Wall
Water Features
- Water Front: Yes
Financial Considerations
- Assessment Amount: $1,340,000
- Tax Amount: $4,248
Disclosures and Reports
- Special Conditions: None
- Inclusions: AC Window Unit, Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
- Disclosures/Reports: Seller Disclosure
- Disclosures/Rstr.: Seller Disclosure
- Property ID: 1-4-7-041-008-0000
Listed by Hawaii Modern Realty
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Schools
Schools serving 47-659 Kamehameha Hwy
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Kahaluu Elementary School 47-280 Waihee Rd, Kaneohe, HI 96744 | PK-6 | 0.4 mi |
Governor Samuel Wilder King Intermediate School 46-155 Kamehameha Hwy, Kaneohe, HI 96744 | 7-8 | 3.4 mi |
Castle High School 45-386 Kaneohe Bay Dr, Kaneohe, HI 96744 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 47-659 Kamehameha Hwy
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$1,200,000
-7.69%
MLS
6/20/2025
Price Reduced
$1,300,000
-7.14%
MLS
3/24/2025
Price Reduced
$1,400,000
-6.67%
MLS
3/11/2025
Listed
$1,500,000
55.93%
MLS
3/05/2021
Sold
$962,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 47-659 Kamehameha Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,038
-1%
$1,340,000
5%
2023
$4,078
7%
$1,273,600
1%
2022
$3,804
24%
$1,265,200
7%
2022
$3,062
-43%
$1,186,800
10%
2021
$5,326
—
$1,078,700
-6%
2021
$5,326
-16%
$1,151,700
-2%
2019
$6,369
8%
$1,178,000
112%
2018
$5,895
99%
$555,400
74%
2017
$2,956
6%
$318,400
4%
2016
$2,801
10%
$305,900
8%
2015
$2,535
1%
$284,400
—
2014
$2,522
—
$283,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 47-659 Kamehameha Hwy
47-659 Kamehameha Highway, Kaneohe, HI 96744 (MLS# 202504594) is a Single Family property with 6 bedrooms and 4 full bathrooms. 47-659 Kamehameha Highway is currently listed for $1,200,000 and was received on March 11, 2025. Want to learn more about 47-659 Kamehameha Highway? Do you have questions about finding other Single Family real estate for sale in Kaneohe? You can browse all Kaneohe real estate or contact a Coldwell Banker agent to request more information.

