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  • $2,280,000

    66-346 Paalaa Rd, Haleiwa, HI 96712

    2beds
    1,853sqft
    : 
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    Single Family Residence
    Built in 1961
    -- sqft lot
    $2,220,200 Zestimate®
    $1,230/sqft
    $-- HOA

    What's special

    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.
    265 days
    |
    189
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Milly Lin 808-258-9268,

    Five Star Realty, Inc.,

    Brian Chua 808-255-3839,

    Five Star Realty, Inc.

    Source: HiCentral MLS,MLS#: 202521333MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Flooring: Carpet
      Interior area
      • Total structure area: 1,853
      • Total interior livable area: 1,853 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Three or more Spaces
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Features: Cleared, Other
      • Topography: Sloping
      Details
      • Parcel number: 1660160200000
      • Zoning description: 05 - R-5 Residential District
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached
      • Property subtype: Single Family Residence
      Materials
      • Single Wall
      Condition
      • Average Condition
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Water: Public
      • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Water Available

      Community & HOA

      Community
      • Subdivision: Waialua
      Location
      • Region: Haleiwa

      Financial & listing details

      • Price per square foot: $1,230/sqft
      • Tax assessed value: $1,748,200
      • Annual tax amount: $12,528
      • Date on market: 10/13/2025
      • Inclusions: None

        Estimated market value

        $2,220,200

        $2.11M - $2.33M

        $4,440/mo

        Price history

        DateEventPrice
        2/14/2026Price change$2,280,000-8.8%$1,230/sqft
        Source: HiCentral MLS #202521333 Report a problem
        11/25/2025Price change$2,500,000-10.7%$1,349/sqft
        Source: HiCentral MLS #202521333 Report a problem
        10/14/2025Listed for sale$2,800,000-6.7%$1,511/sqft
        Source: HiCentral MLS #202521333 Report a problem
        7/4/2023Listing removed$2,999,999$1,619/sqft
        Source: HiCentral MLS #202214461 Report a problem
        7/28/2022Price change$2,999,999+15.4%$1,619/sqft
        Source: HiCentral MLS #202214461 Report a problem
        2/14/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/5/2022Listed for rent$2,750$1/sqft
        Source: Zillow Rental Manager Report a problem
        12/1/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/28/2021Listed for rent$2,750$1/sqft
        Source: Zillow Rental Manager Report a problem
        7/21/2021Pending sale$2,599,999$1,403/sqft
        Source: HiCentral MLS #202109393 Report a problem
        5/18/2021Contingent$2,599,999$1,403/sqft
        Source: HiCentral MLS #202109393 Report a problem
        4/21/2021Listed for sale$2,599,999$1,403/sqft
        Source: HiCentral MLS #202109393 Report a problem
        4/21/2021Listing removed$2,599,999$1,403/sqft
        Source: HiCentral MLS #202008014 Report a problem
        4/15/2020Listed for sale$2,599,999$1,403/sqft
        Source: HiCentral MLS #202008014 Report a problem
        1/18/2020Listing removed$2,599,999$1,403/sqft
        Source: Sterman Realty #201914909 Report a problem
        5/31/2019Listed for sale$2,599,999+62.5%$1,403/sqft
        Source: Sterman Realty #201914909 Report a problem
        9/22/2006Sold$1,600,000$863/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,529 -8.3%$1,748,200 -5.4%
        2024$13,658 -9%$1,847,200 -6%
        2023$15,002 +65%$1,965,100 +36.7%
        2022$9,094 $1,437,500 -0.2%
        2021-- $1,440,400 +4.8%
        2020$8,431 +0.9%$1,374,400 +0.5%
        2019$8,356 +38.9%$1,367,200 +17%
        2018$6,016 -5.2%$1,168,400 +10.5%
        2017$6,343 +89.9%$1,057,100 +10.8%
        2016$3,340 -0.5%$954,300 -0.5%
        2015$3,355 $958,700 -10.3%
        2014-- $1,069,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 96712

        Getting around

        57 / 100
        Somewhat Walkable
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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