Active

Price cut: $200K (8/28)

$1,998,000

240 Paiko Dr, Honolulu, HI 96821

0beds

0baths

--sqft

$11,091/mo

Get pre-qualified

Single Family Residence

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

MASSIVE PRICE REDUCTION - PRICED TO SELL! The only BEACH FRONT VACANT LAND, in EAST HONOLULU, OAHU with more than 65 linear feet of sandy beach fronting famous surfing spots Toes and Secrets currently available UNDER $15,000,000. Paiko Beach consists of only 22 residences that are beach front. Priced $1,224,500 BELOW TAX ASSESSED VALUE! Endless water activities are made possible by the barrier reef creating a calm and protected sandy beach front. Seller has obtained APPROVED SHORELINE CERTIFICATION (see listing supplements) 21 feet forward (towards the ocean) of the property line. With all setbacks considered, this property still has a buildable footprint area of more than 4,290 square feet for a single level home! More if you build a second story. Seller has attached and completed the K2 Standard Survey, Shoreline Certification Survey and Topo Map. No Easements or Encroachments. Also listed in MLS under Land Listing MLS #202611508

82 days
921
34

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 0

Features

Flooring: Other

Interior area

Total structure area: 0

Property

Parking

Parking features: Three or more Spaces, On Street

Features

Levels: One,Two,Multi/Split
Stories: 1
Pool features: None
Fencing: Fenced,Wall
Has view: Yes
View description: Coastline, Garden, Mountain(s), Ocean, Other, Sunset, Sunrise
Has water view: Yes
Water view: Coastline,Ocean
Frontage type: Oceanfront,Waterfront

Lot

Features: Cleared, Interior Lot, Other, Level
Topography: Level

Details

Parcel number: 1380010070000
Zoning description: 04 - R-7.5 Residential District
Special conditions: None

Construction

Type & style

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

Materials

Other

Condition

Excellent
New construction: No

Utilities & green energy

Water: Public
Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: Paiko Lagoon

Location

Region: Honolulu

Financial & listing details

Tax assessed value: $3,222,500
Annual tax amount: $29,337
Date on market: 6/12/2026
Inclusions: None

Estimated market value

Not available

Estimated sales range

Not available

$4,778/mo

Price history

Date	Event	Price
8/28/2026	Price change	$1,998,000-9.1%
Source: HiCentral MLS #202611508 Report a problem
7/15/2026	Price change	$2,198,000-10.3%
Source: HiCentral MLS #202611507 Report a problem
6/13/2026	Listed for sale	$2,450,000
Source: HiCentral MLS #202611507 Report a problem
5/31/2026	Listing removed	$2,450,000
Source: HiCentral MLS #202513208 Report a problem
9/13/2025	Price change	$2,450,000-7.5%
Source: HiCentral MLS #202513208 Report a problem
6/2/2025	Listed for sale	$2,650,000+41.7%
Source: HiCentral MLS #202513207 Report a problem
4/3/2025	Sold	$1,870,000-6.3%
Source: HiCentral MLS #202505706 Report a problem
3/11/2025	Contingent	$1,995,000
Source: HiCentral MLS #202505706 Report a problem
2/26/2025	Listed for sale	$1,995,000
Source: HiCentral MLS #202505706 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$3,222,500
2025	$29,337 +6.3%	$3,222,500 +5%
2024	$27,587 -8.7%	$3,069,000 -7%
2023	$30,211 +15.2%	$3,299,200 +7.5%
2022	$26,225 +55.4%	$3,069,000 +40.8%
2021	$16,880 +40.1%	$2,179,000 +26.8%
2020	$12,045	$1,718,600
2019	$12,045 +25.6%	$1,718,600 +9.8%
2018	$9,587 -13.2%	$1,565,200 -15%
2017	$11,048 -2.2%	$1,841,400 -2.2%
2016	$11,297 +9.1%	$1,882,800 +9.1%
2015	$10,355	$1,725,900