EXQUISITELY DESIGNED & BUILT MASTERPIECE FOR THE MOST DISCERNING BUYERS. Hypnotizing, dramatic, & expansive ocean views spanning from Koko Kai to Diamond Head await you from this contemporary 5 bdrm/5.5 bath executive estate situated on a 16,522 sq ft RIM LOT in highly coveted Waialae Iki. It’s rare to have nearly 4,000 sq ft of beautifully detailed interior living space on a SINGLE LEVEL while still being situated on a perimeter ridge lot. Built in 2020, features include engineered hardwood floors, an expansive open floor plan, a gourmet kitchen w/stainless steel appliances & quartzite countertops, a grand primary suite w/endless ocean views, owned PV system & 2 Tesla Powerwalls, & ensuite bathrooms for each spacious bedroom. Relax on the covered lanai while savoring the breathtaking unobstructed views. Conveniently located near parks, beaches & Kahala Mall with dining, shopping, & entertainment. Must see to appreciate as words cannot describe all this residence has to offer!
Closed
$5,550,000
5123 Palaole Pl, Honolulu, HI 96821
5beds
3,994sqft
Single Family Residence
Built in 2020
-- sqft lot
$5,411,400 Zestimate®
$1,390/sqft
$7,961 Estimated rent
Home value
$5,411,400
$4.92M - $5.95M
$7,961/mo
Zestimate® history
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List your homeWhat's special
Ocean viewsExpansive ocean viewsKahala mallOwned pv systemGrand primary suiteEngineered hardwood floorsGourmet kitchen
Zillow last checked:
Listing updated:
Listed by:
Myron N Kiriu 808-738-3633,
REMAX Hawaii
Bought with:
Mei Pang, RB-19910
REMAX Hawaii
Source: HiCentral MLS,MLS#: 202301949
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Flooring: Other
Interior area
- Total structure area: 3,994
- Total interior livable area: 3,994 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, Two Car Garage, Two Spaces, On Street
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: Coastline, Mountain(s), Ocean
- Has water view: Yes
- Water view: Coastline,Ocean
Lot
- Features: Interior Lot, Rim Lot, Level
- Topography: Level,Sloping
Details
- Parcel number: 1360230290000
- 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
- Double Wall
Condition
- Excellent
- New construction: No
- Year built: 2020
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet Available, Other, Underground Utilities, Water Available
Community & HOA
Community
- Security: Key Card Entry
- Subdivision: Waialae Iki
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $1,390/sqft
- Tax assessed value: $2,595,600
- Annual tax amount: $6,641
- Date on market: 2/3/2023
- Inclusions: AC Split, Auto Garage Door Opener, Blinds, Cable TV, Chandelier, Convection Oven, Dishwasher, Disposal, Drapes, Dryer, Lawn Sprinkler, Other, Photovoltaic - Owned, Range Hood, Refrigerator, Security System, Solar Heater, Washer, Wine Refrigerator
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2023 | Sold | $5,550,000-3.5%$1,390/sqft |
Source:  HiCentral MLS #202301949 Report a problem | ||
| 11/1/2023 | Pending sale | $5,750,000$1,440/sqft |
Source: HiCentral MLS #202301949 Report a problem | ||
| 10/13/2023 | Contingent | $5,750,000$1,440/sqft |
Source: HiCentral MLS #202301949 Report a problem | ||
| 2/3/2023 | Listed for sale | $5,750,000+238.2%$1,440/sqft |
Source: HiCentral MLS #202301949 Report a problem | ||
| 8/17/2017 | Listing removed | $1,700,000$426/sqft |
Source: Better Homes and Gardens Real Estate Advantage Realty #201707741 Report a problem | ||
| 1/14/2017 | Listed for sale | $1,700,000$426/sqft |
Source: BHGRE Advantage Realty #201700859 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,525 +0.2% | $2,595,600 +0.2% |
| 2024 | $8,507 +13.9% | $2,590,700 +14% |
| 2023 | $7,467 +12.4% | $2,273,400 +11.6% |
| 2022 | $6,641 -56.3% | $2,037,300 +1% |
| 2021 | $15,179 +184.2% | $2,017,000 +86.7% |
| 2020 | $5,341 -5.8% | $1,080,100 -2.8% |
| 2019 | $5,672 +8.2% | $1,111,600 +2.7% |
| 2018 | $5,241 -16.8% | $1,082,300 +3.1% |
| 2017 | $6,296 +83.2% | $1,049,400 +6.9% |
| 2016 | $3,437 +0.1% | $982,100 +0.1% |
| 2015 | $3,434 | $981,200 +4% |
| 2014 | -- | $943,500 |
Find assessor info on the county website
Neighborhood: Waialae Iki
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Nearby schools
GreatSchools rating
- 7/10Aina Haina Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Niu Valley Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Kalani High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Aina Haina
- Middle: Niu Valley
- High: Kalani
Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Hawaii
- Honolulu County
- Honolulu
- 96821
- Waialae Iki
- 5123 Palaole Pl
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