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$2,280,000
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Property Description
Located in the highly sought-after North Shore of Oahu, this exceptional property at 66-346 Paalaa Rd offers both immediate income potential and long-term development opportunities. Currently generating a strong $5,900 per month in rental income, the property is not only a great investment but also presents a fantastic chance for future development, given its expansive 43,865 square foot lot size (nearly 1 acre) and R-5 zoning. With a solid $5,900 in monthly rental income, this property provides reliable cash flow right from the start. Situated just minutes from the vibrant town of Haleiwa, the property offers access to world-famous beaches, surfing, local dining, shopping, and more, while still providing a peaceful, serene atmosphere. Surrounded by lush greenery, the property offers privacy and tranquility in one of Oahu's most desirable locations. This property offers both immediate rental income and exciting possibilities for development. Whether you're looking to enhance your investment portfolio or create something new in one of Hawaii's most desirable areas, 66-346 Paalaa Road is the perfect choice.
Full Property Details
Full Property Details for 66-346 Paalaa Rd
General
- Price: $2,280,000
- Taxes: $12,528
- Status: Active
- Type: Single Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202521333
- Updated: 2/14/2026
- Added to Site: 135 day(s) ago
Interior
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 5
- Parking Features: Three or more Spaces
Location
- Area: North Shore
- County: Oahu
- Subdivision: WAIALUA
Utilities
- Water: Public
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Water Available
Structural Information
- Architectural Style: Detached
- Detached/Attached: Detached
- Construction: Single Wall
- Stories/Levels: 1
- Square Feet: 1,853
- Living Area: 1,853 Sq. Ft.
- Year Built: 1961
- Property Condition: Average Condition
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size: 43865
- Topography: Sloping
- Lot Features: Cleared, Other
- Zoning: 05 - R-5 Residential District
Financial Considerations
- Assessment Amount: $1,748,200
- Tax Amount: $12,528
Disclosures and Reports
- Special Conditions: None
- Inclusions: None
- Disclosures/Reports: None
- Disclosures/Rstr.: None
- Property ID: 1-6-6-016-020-0000
Listed by Five Star Realty, Inc.
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Schools
Schools serving 66-346 Paalaa Rd
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Haleiwa Elementary School 66-505 Haleiwa Rd, Haleiwa, HI 96712 | PK-6 | 0.4 mi |
Waialua High & Intermediate School 67-160 Farrington Hwy, Waialua, HI 96791 | 7-12 | 1.4 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 66-346 Paalaa Rd
Date
Details
Price
Change
Source
2/14/2026
Price Reduced
$2,280,000
-8.8%
MLS
11/24/2025
Price Reduced
$2,500,000
-10.71%
MLS
10/13/2025
Listed
$2,800,000
16.67%
MLS
8/04/2021
Sold
$2,400,000
—
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 66-346 Paalaa Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,658
-9%
$1,748,200
-5%
2023
$15,002
65%
$1,847,200
-6%
2022
$9,094
—
$1,965,100
37%
2022
$9,094
85%
$1,437,500
—
2021
$4,909
—
$1,440,400
5%
2021
$4,909
-18%
$1,374,400
18%
2018
$6,016
-28%
$1,168,400
-15%
2019
$8,356
67%
$1,367,200
29%
2017
$5,014
202%
$1,057,100
11%
2016
$1,662
-50%
$954,300
—
2015
$3,355
-4%
$958,700
-10%
2013
$3,480
—
$1,069,000
—
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 66-346 Paalaa Rd
66-346 Paalaa Road, Haleiwa, HI 96712 (MLS# 202521333) is a Single Family property with 2 bedrooms and 3 full bathrooms. 66-346 Paalaa Road is currently listed for $2,280,000 and was received on October 13, 2025. Want to learn more about 66-346 Paalaa Road? Do you have questions about finding other Single Family real estate for sale in Haleiwa? You can browse all Haleiwa real estate or contact a Coldwell Banker agent to request more information.

