Improved Mixed-Use Land for Sale in Waianae, Hawaii
85-538 Waianae Valley Rd, Waianae, HI 96792


























Rare Coastal Valley Gem - Multi-Use Property with Income Potential! Located in one of Oahu's largest coastal valleys, this stunning property offers breathtaking panoramic views of the Wai'anae Mountain Range, mesmerizing sunsets, and access to some of the island's best-kept beach secrets--just blocks away! Two Homes, Endless Possibilities! The main home features 4 bedrooms and 2 full bathrooms, while an additional single-family home offers 3+ bedrooms and 2+ bathrooms (not reflected in tax records). Perfect for multi-generational living or rental income! Event Space with Income Potential! This property also boasts a dedicated event space, complete with two fully permitted bathrooms and room for a commercial kitchen--ideal for weddings, retreats, and private events. Whether you're looking to generate income or create your own dream venue, the opportunities are endless! With leased PV panels, stunning mountain views, and a spacious, versatile lot, this property is primed for development, CPR potential, or creating your dream home. Don't miss this unique opportunity to own a multi-use property in paradise! Buyer to conduct due diligence on development and CPR options.
Location
- Street Address
- 85-538 Waianae Valley Rd
- County
- Honolulu County
- Community
- Waianae
- Elevation
- 30 feet
Property details
- Zoning
- 52 - AG-2 General Agricultural
- MLS #
- HICENTRAL 202507716
- Posted
Property taxes
- Recent
- $1,700
Parcels
- 1-8-5-019-053-0000
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Views
- Mountain
Structure
- Style
- Other
- Renovated
- 2024
- Materials
- Stucco
- Cooling
- Ceiling Fan(s), Window Unit(s)
Exterior
- Parking Spots
- 7
- Parking
- Boat, Carport, Driveway
- Features
- Cleared, Level
Interior
- Rooms
- Bathroom x 4, Bedroom x 5
- Floors
- Laminate, Vinyl
- Appliances
- Dryer
- Features
- Full Bath On Main Level
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
July 6, 2025 | Under contract | $1,399,000 | — | HICENTRAL |
June 21, 2025 | Back on market | $1,399,000 | — | HICENTRAL |
Apr 17, 2025 | New listing | $1,399,000 | — | HICENTRAL |