Improved Mixed-Use Land for Sale in Waianae, Hawaii

85-538 Waianae Valley Rd, Waianae, HI 96792

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$1,399,000
1.9 acres
pending
Under contract

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.

3,312
Sq feet
6
Beds
4
Full baths
1945
Built

Location

Street Address
85-538 Waianae Valley Rd
Community
Waianae
Elevation
30 feet
Coordinates
21.4497, -158.181

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

DateEventPriceChangeSource
July 6, 2025Under contract$1,399,000HICENTRAL
June 21, 2025Back on market$1,399,000HICENTRAL
Apr 17, 2025New listing$1,399,000HICENTRAL
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This 1.897-acre property is located at 85-538 Waianae Valley Rd in Waianae, HI 96792. The property is currently pending sale for $1,399,000. It has a 3,312 sq ft 6 bedroom, 4 bath house built in 1945. Listing data is sourced from HiCentral MLS # 202507716.

Verify sale details at the property source or contact eXp Realty at (808) 725-2794.

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Copyright (C) 2025 Honolulu Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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