Closed

$1,000,000

1131 Banyan St APT B, Honolulu, HI 96817

6beds

2,176sqft

Single Family Residence

Built in 1950

-- sqft lot

$993,900 Zestimate^®

$460/sqft

$4,385 Estimated rent

Home value

$993,900

$924,000 - $1.06M

$4,385/mo

Zestimate^® history

Owner options

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$4,385/mo

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$4,385/mo

Rent Zestimate^®

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$4,461/mo

Est. payment

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$4,461/mo

Est. payment

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What's special

Exceptional Land Opportunity – Take advantage of this unique opportunity to build a home or investment project tailored to your vision in a highly convenient and desirable location. A rare chance to acquire a 7,087 square foot flat lot located just minutes from downtown. Zoned U/11/11 – A-1 Apartment, this property offers excellent potential for redevelopment. Buyers are advised to conduct their own due diligence regarding possible development options. Please note: The existing structure was damaged by fire on March 19, 2025, and is deemed beyond repair. The home is uninhabitable and should be considered a tear-down. At the buyer’s request, the seller is willing to remove the structure. Do not go on the property. This property is being sold strictly “As-Is” for land value only.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Features

Flooring: Other

Interior area

Total structure area: 2,176
Total interior livable area: 2,176 sqft

Property

Parking

Total spaces: 8
Parking features: Three or more Spaces

Features

Levels: Two
Stories: 2
Pool features: None
Has view: Yes
View description: None

Lot

Features: Other, Level
Topography: Level

Details

Parcel number: 1170310270000
Zoning description: 11 - A-1 Low Density Apartment
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Detached
Property subtype: Single Family Residence

Condition

Tear Down / Value in Land
New construction: No
Year built: 1950

Utilities & green energy

Utilities for property: Other

Community & HOA

Community

Subdivision: Palama

Location

Region: Honolulu

Financial & listing details

Price per square foot: $460/sqft
Tax assessed value: $1,305,200
Annual tax amount: $4,155
Date on market: 7/24/2025
Inclusions: None

Price history

Date	Event	Price
9/18/2025	Sold	$1,000,000-20%$460/sqft
Source: HiCentral MLS #202516788 Report a problem
8/6/2025	Contingent	$1,250,000$574/sqft
Source: HiCentral MLS #202516788 Report a problem
7/25/2025	Listed for sale	$1,250,000$574/sqft
Source: HiCentral MLS #202516788 Report a problem