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Home sold for $4,800,000 in 203 days

245 Palaoa Pl Honolulu, HI, 96816

Neighborhood: Diamond Head

Off the market 5 beds 4 baths 4,096 sqft

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A tropical hideaway located above the exclusive “cove” area of Diamond Head, and just a few steps back from the private deeded beach access, this home has been beautifully renovated by owners who have great vision and taste. Overlooking the Pacific ocean the home is nestled on the slopes of Diamond Head and is a home that you will want to entertain in. Beyond the gated entrance is a water playground, with pool, spa, fountains, water walls and plenty of covered lanai area for those weekend barbeques with family and friends. The downstairs main living area opens from the lush landscaped gardens and pool area to the living room, family room, kitchen and staircase to the ocean viewing lanai, this home is casual and elegant and just a lot of “fun”. The master suite is large with a separate area for a workout room or a private office space and beyond that space to the comfortable ocean viewing lanai. Surfers – don’t miss out on this one!
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Property details

4,096 sqft interior area
Property type
Home
Interior area
4,096 sqft
Open Lanai area
275 sqft
View
Diamond Head, Garden, Mountain, Ocean
Land area
7,413 sqft (0.17 acres)
Price per sqft
$1,171/sqft
Address
245 Palaoa Pl, Honolulu, HI, 96816
City of Hawaii
Honolulu
Island
Oahu
Sold price
$4,800,000
Total area
4,882 sqft
nr.of parking places
2
Style
Detach Single Family
Year Built
1953
Land tenure
FS - Fee Simple
Neighborhood
Diamond Head
District
Diamond Head
Stories
Two

Open Houses

No upcoming open houses

Interior Features

2 parking places, Ceramic Tile, Hardwood, Marble/Granite, Other, W/W Carpet floors
Beds
5
Baths
4
Floors
Ceramic Tile, Hardwood, Marble/Granite, Other, W/W Carpet
Stories
Two
Furnished
Partial
Security
Key, Video
Property Condition
Excellent
Parking
2
Garage & Parking
2 Car, Driveway, Garage, Street
Inclusions
AC Split, Auto Garage Door Opener, Blinds, Book Shelves, Cable TV, Ceiling Fan, Chandelier, Dishwasher, Disposal, Drapes, Dryer, Lawn Sprinkler, Microwave, Photovoltaic - Owned, Range Hood, Range/Oven, Refrigerator, Security System, Smoke Detector, Washer
Exclusions
Other
Amenities
Entry, Full Bath on 1st Floor, Landscaped, Patio/Deck, Storage, Wall/Fence

Listed by

Beth Chang, Coldwell Banker Realty
Name
Beth Chang
License number
RB-14022
Brokerage company
Coldwell Banker Realty
MLS #
202103511

Payment calculator

Calculate your monthly payments
Mortgage
$14,738
Taxes
$1,185
HOA dues
$0
$15,923 per month
Mortgage
$960,000 / 20%
2.28%
30 years
Your amount $14,738 / month

Exterior Features

Above Ground, Double Wall, Slab, Stone, Wood Frame construction and more
Roof
Composition
Utilities
Cable, Cesspool, Gas, Internet, Public Water, Telephone
Construction
Above Ground, Double Wall, Slab, Stone, Wood Frame
Pool
Heated, In Ground, Spa/HotTub, Tile

Lot details

TMK #1310390370000
Lot Description
Irregular
Parcel nr.
1310390370000

Diamond Head neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in Diamond Head

30%
Families with children
National average: 39%
31%
Non family households
126,673
Population
$134,639
Average Income

Age & gender

Median age 46 years
More info

Commute types

65% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

6% work in education and healthcare
More info

Vehicles available

46% have 1 vehicle
More info

Vehicles by gender

46% have 1 vehicle
More info

Housing market insights for

$840.68k
Neighborhood average
sales price*
$537.71k
Neighborhood median
sales price*
533
Number
of sales*

Housing type

56% are apartments
More info

Rooms

37% of the houses have 2 or 3 rooms
More info

Bedrooms

41% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
14.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Schools

15 schools with rating up to 8
School rating Distance
NR
Variety School Of Hawaii
710 Palekaua Street, Honolulu, HI 96816
Elementary School
0.44mi
NR
Variety School Of Hawaii
710 Palekaua Street, Honolulu, HI 96816
Middle School
0.44mi
NR
Variety School Of Hawaii
710 Palekaua Street, Honolulu, HI 96816
High School
0.44mi
School rating Distance
NR
Variety School Of Hawaii
710 Palekaua Street, Honolulu, HI 96816
0.44mi
NR
Pohukaina School
637 18th Ave, Honolulu, HI 96816
0.813mi
NR
Kula Kokua Intensive Learning Center
845 22nd Ave, Honolulu, HI 96816
1.043mi
7
out of 10
Waialae Elementary - Public Charter School
1045 19th Ave, Honolulu, HI 96816
1.313mi
6
out of 10
Kahala Elementary School
4559 Kilauea Ave, Honolulu, HI 96816
1.414mi
School rating Distance
NR
Variety School Of Hawaii
710 Palekaua Street, Honolulu, HI 96816
0.44mi
8
out of 10
Kaimuki Middle School
631 18th Ave, Honolulu, HI 96816
0.824mi
4
out of 10
SEEQS: the School for Examining Essential Questions of Sustainability
845 22nd Ave., Honolulu, HI 96816
1.011mi
NR
Kula Kokua Intensive Learning Center
845 22nd Ave, Honolulu, HI 96816
1.043mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
1.115mi
School rating Distance
NR
Variety School Of Hawaii
710 Palekaua Street, Honolulu, HI 96816
0.44mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
1.115mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
1.489mi
NR
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
1.548mi
NR
Sacred Hearts Academy
3253 Waialac Avenue, Honolulu, HI 96816
1.623mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jun 14, 2021

Diamond Head Median sales price 2024

Bedrooms Med. price % of listings
Not specified $738k 27.27%
1 bed $595k 22.73%
2 beds $725k 36.36%
4 beds $4.8m 4.55%
5 beds $3.3m 4.55%
6 beds $12m 4.55%
Date Event Price $/sqft Source
Jun 14, 2021 Sold $4,800,000 1171.88 Public Record
Jun 14, 2021 Price Decrease $4,800,000 -3.9% 1171.88 MLS #202103511
Apr 19, 2021 Under contract $4,995,000 1219.48 MLS #202103511
Feb 5, 2021 New Listing $4,995,000 -4.82% 1219.48 MLS #202103511
Feb 1, 2021 Expired $5,248,000 1281.25 MLS #202002246
Jan 31, 2020 New Listing $5,248,000 1281.25 MLS #202002246
Jan 30, 2020 Expired $5,248,000 1281.25 MLS #201903277
Dec 9, 2019 For sale $5,248,000 1281.25 MLS #201903277
Nov 2, 2019 Unavailable $5,248,000 1074.97 MLS #201903277
Oct 7, 2019 For sale $5,248,000 1281.25 MLS #201903277
Jun 28, 2019 Price Decrease $5,248,000 -4.49% 1281.25 MLS #201903277
Jan 29, 2019 New Listing $5,495,000 +26.82% 1341.55 MLS #201903277
Mar 20, 2012 Sold $4,333,000 1116.18 Public Record
Mar 20, 2012 Price Increase $4,333,000 +9.01% 1116.18 MLS #1201684
Mar 9, 2012 Under contract $3,975,000 1023.96 MLS #1201684
Feb 13, 2012 New Listing $3,975,000 +117.81% 1023.96 MLS #1201684
Nov 24, 2009 Sold $1,825,000 869.05 Public Record
Nov 24, 2009 Price Decrease $1,825,000 -20.13% 869.05 MLS #2911316
Oct 23, 2009 Under contract $2,285,000 1088.1 MLS #2911316
Aug 24, 2009 New Listing $2,285,000 1088.1 MLS #2911316
Aug 6, 2009 Withdrawn $2,285,000 759.64 MLS #2909184
Jul 7, 2009 New Listing $2,285,000 -22.54% 759.64 MLS #2909184
May 30, 2007 Withdrawn $2,950,000 1163.71 MLS #2612173
Sep 19, 2006 Price Decrease $2,950,000 -11.94% 1163.71 MLS #2612173
Jun 28, 2006 New Listing $3,350,000 +48.89% 1321.5 MLS #2612173
Oct 11, 2002 Withdrawn $2,250,000 887.57 MLS #2204752
Sep 9, 2002 Price Increase $2,250,000 +15.38% 887.57 MLS #2204752
Jul 23, 2002 Price Decrease $1,950,000 -13.33% 769.23 MLS #2204752
May 13, 2002 New Listing $2,250,000 887.57 MLS #2204752

Taxes of 245 Palaoa Pl, Honolulu, HI, 96816

04 - R-7.5 Residential District zoning / MLS #202103511
Current Property Taxes p/month
$1,185
Assessed Improvement value
$391,800
Assessed Land value
$1,534,000
Land Recorded
Land Court
Zoning
04 - R-7.5 Residential District
Flood Zone
Zone X
Topography
Gentle Slope,Level
Location
Cul-De-Sac,Inside
Total Assessed value
$1,925,800

Tax History

Year Taxes Source
2020 $14,221 MLS #202002246
2019 $13,648 MLS #202002246
2018 $14,296 MLS #201903277
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

Agent viewpoints of 245 Palaoa Pl, Honolulu, HI, 96816

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Frequently Asked Questions about 245 Palaoa Pl

What is 245 Palaoa Pl?

245 Palaoa Pl, Honolulu, HI, 96816 is a single family home located in the Diamond Head neighborhood in the city of Honolulu, Hawaii with zipcode 96816. This single family home has 5 bedrooms & 4 bathrooms with an interior area of 4,096 sqft.

Which year was this home built?

This home was build in 1953.

Which year was this property last sold?

This property was sold in 2021.

What is the full address of this Home?

245 Palaoa Pl, Honolulu, HI, 96816.

Are grocery stores nearby?

The closest grocery stores are Times Supermarket, 1.51 miles away and Whole Foods Kahala, 1.56 miles away.

What is the neighborhood like?

The Diamond Head neighborhood has a population of 126,673, and 30% of the families have children. The median age is 46.34 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Realty.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Jun 14, 2021
Verhouse Last checked 1 minute ago

245 Palaoa Pl, Honolulu, HI, 96816 is a single family home located in the Diamond Head neighborhood in the city of Honolulu, Hawaii with zipcode 96816. This single family home has 5 bedrooms & 4 bathrooms with an interior area of 4,096 sqft. This house was build in 1953.
The closest grocery stores are Times Supermarket, 1.51 miles away and Whole Foods Kahala, 1.56 miles away.
The Diamond Head neighborhood has a population of 126,673, and 30% of the families have children. The median age is 46.34 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home Sold $4.8m 245 Palaoa Pl, Honolulu, HI, 96816 5 beds / 4 baths / 4,096 sqft Save House Remove from Saved