47-351 Waihee Rd

5,412 Sq. Ft.
$471 / Sq. Ft.
5,412
Sq. Ft.
$471
per Sq. Ft.

Description

Welcome to 47-351 Waihee Road – A Rare Investment & Lifestyle Opportunity in Serene Kane‘ohe
Tucked away in the peaceful Kahaluu community, this one-of-a-kind property presents incredible versatility for investors and those seeking a multigenerational living arrangement. Set on a generous lot surrounded by lush greenery, the property currently produces steady rental income through four distinct dwellings:
• Two 3-Bedroom, 2-Bath Cottages – Each equipped with owned photovoltaic (PV) systems to help
...Welcome to 47-351 Waihee Road – A Rare Investment & Lifestyle Opportunity in Serene Kane‘ohe
Tucked away in the peaceful Kahaluu community, this one-of-a-kind property presents incredible versatility for investors and those seeking a multigenerational living arrangement. Set on a generous lot surrounded by lush greenery, the property currently produces steady rental income through four distinct dwellings:
• Two 3-Bedroom, 2-Bath Cottages – Each equipped with owned photovoltaic (PV) systems to help lower utility expenses. Set on a generous lot surrounded by lush greenery, the property currently produces steady rental income through four distinct dwellings:
• Two 3-Bedroom, 2-Bath Cottages – Each equipped with owned photovoltaic (PV) systems to help lower utility expenses • One 1-Bedroom, 1-Bath Cottage – Perfect as a guest suite, home office, or additional rental. • One 1-Bedroom, 1-Bath Cottage – Perfect as a guest suite, home office, or additional rental • A Two-Story Farmhouse – Currently used as a chicken farm, with flexible options for future rental potential (note: non-conforming structure). With convenient access directly off Waihee Road, the property offers a tranquil, mountain-facing setting while remaining just minutes from shopping, schools, and major roadways. Whether you’re looking to expand your investment portfolio, establish a sustainable living retreat, or create space for extended family, this rare Kane‘ohe gem is an opportunity not to be missed.
  1. Listed by Michele K Atamian • License #RB-23416 • Equity Properties, Inc. • (808) 485-0855

Property Details for 47-351 Waihee Road

Architectural Style
Multiple Dwellings
View
Mountain
Zoning
56 - Country District
Neighbourhood
WAIHEE
Flood Zone
Zone D
Stories/Levels
One, Two
Land Tenure
FS - Fee Simple
LISTING UPDATED: 12/12/2025 12:27 PM

Property Details for 47-351 Waihee Road

StatusActive
MLS #202508113
Days on Market258
Taxes$354 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1938
Lot Size2.40 AC / 104,588 SF
CountyHonolulu County

Location

Listing Courtesy of Equity Properties, Inc., Michele K Atamian, License #RB-23416
Add your commute

Building Information for 47-351 Waihee Road

Stories-Year Built1938Building Size-Lot Size2.40 AC / 104,588 SF

Payment Calculator

$12,782 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,428

Property Taxes

$354

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 47-351 Waihee Road

Summary
Location and General Information
  • Topography: Down Slope, Hilly, Terraced
  • City: Kaneohe
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Other
Taxes and HOA Information
  • Tax Amount: $354.00
  • Tax Assessed Value: $1,213,100.00
  • Tax Assessed Value Improvements: $499,400.00
  • Tax Assessed Value Land: $713,700.00
  • Tax Excemption Owner Occupancy: 0
  • Tax Year: 2024
  • Parcel Number: 1-4-7-033-005-0000
  • HOA YN: No
School Information
  • Elementary School: Kahaluu
  • High School: Castle
  • Middle Or Junior School: King
Parking
  • Parking Features: 3 Car+
  • Parking Total: 8
Property
Lot Information
  • Property Sub Type: Single Family
  • Property Type: Single Family
  • Remodelled: Partial
  • Road Frontage: None
  • SQFT Roofed Living: 5412.0
  • Sqft Total: 5412.0
  • Land Recorded: Land Court
  • Lot Features: Other
  • Lot Size Area: 104588.0
  • Year Built: 1938
  • Year Remodeled: 2024
Property and Assessments
  • Appliances: Cable TV, Ceiling Fan, Dishwasher, Disposal, Dryer, Photovoltaic - Owned, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
  • Photo Count: 7
  • New Development Construction: No
  • Property Condition: Average
  • Special Listing Conditions: None
  • Disclosures: Non Resident Owner, Pet on Property, Photovoltaic
  • Foreclosure: No
  • Fractional Ownership: No
  • Condo Property Regime: No
  • Set Backs: Special
  • Supplement Count: 0
  • TMK Area: 147
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 5
  • TMKPLAT: 33
  • TMK Section: 7
  • TMK Zone: 4
Utilities
  • Utilities: Cesspool, Internet, Telephone, Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Above Ground, Wood Frame
  • Easements: Driveway
  • Flooring: Ceramic Tile, Laminate, Vinyl, W/W Carpet
  • Pool Features: None
  • Roof: Asphalt Shingle
Interior Features
  • Baths Full: 6
  • Baths Half: 0
  • Baths Total: 6.0
  • Beds Total: 7.0
  • Furnished: Partial
  • Room Count: 0
Agent
Sale and Listing
  • DOM: 233
  • Immoviewer: No
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Kaneohe
  • Status: Active
  • Public Remarks: Welcome to 47-351 Waihee Road – A Rare Investment & Lifestyle Opportunity in Serene Kane‘ohe Tucked away in the peaceful Kahaluu community, this one-of-a-kind property presents incredible versatility for investors and those seeking a multigenerational living arrangement. Set on a generous lot surrounded by lush greenery, the property currently produces steady rental income through four distinct dwellings: • Two 3-Bedroom, 2-Bath Cottages – Each equipped with owned photovoltaic (PV) systems to help lower utility expenses. • One 1-Bedroom, 1-Bath Cottage – Perfect as a guest suite, home office, or additional rental. • A Two-Story Farmhouse – Currently used as a chicken farm, with flexible options for future rental potential (note: non-conforming structure). With convenient access directly off Waihee Road, the property offers a tranquil, mountain-facing setting while remaining just minutes from shopping, schools, and major roadways. Whether you’re looking to expand your investment portfolio, establish a sustainable living retreat, or create space for extended family, this rare Kane‘ohe gem is an opportunity not to be missed.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Listor Must Be Present
Rental
Rent Information
  • Occupant Type: Tenant

Property History for 47-351 Waihee Road

DateEvent & SourcePriceAppreciation
Dec 12, 2025

Price Change

HICENTRAL #202508113

$2,550,000
Aug 23, 2025

Price Change

HICENTRAL #202508113

$2,600,000
Aug 23, 2025

Listed (Active)

HICENTRAL #202508113

$2,550,000
Jul 30, 2025

Temporarily Off Market

HICENTRAL #202508113

$2,600,000
Apr 1, 2025

Listed (Active)

HICENTRAL #202508113

$2,600,000
DateEvent & SourcePrice
12/12/2025

Price Change

HICENTRAL #202508113

$2,550,000
08/23/2025

Price Change

HICENTRAL #202508113

$2,600,000
08/23/2025

Listed (Active)

HICENTRAL #202508113

$2,550,000
07/30/2025

Temporarily Off Market

HICENTRAL #202508113

$2,600,000
04/01/2025

Listed (Active)

HICENTRAL #202508113

$2,600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 47-351 Waihee Road

Taxable ValueLand$768,600Additions$600,800Total$1,369,400
Tax Record2025$4,246 ($354 / month)
Home Facts
Beds3Baths4Total Finished SqFt1,004 SqFtAbove Grade Finished SqFt1,004 SqFtStories1Lot Size104,588 SqFtStyleSingle Family ResidenceYear Built1950ZoningCOUNTRYCountyHONOLULUAPN1-4-7-033-005

Schools near 47-351 Waihee Road

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - PK to 12
Rating
School
Distance
Kahaluu Elementary School
PublicPK to 6

Castle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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47-351 Waihee Road is a single family home for sale in Kaneohe, HI 96744. This property was listed for sale on April 1, 2025 by Equity Properties, Inc., it's currently listed at $2,550,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Kahaluu Elementary School, Governor Samuel Wilder King Intermediate School and Castle High School. 47-351 Waihee Road is a 7-bed, 6-bath, 5,412 sqft single family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Equity Properties, Inc., Michele K Atamian, License #RB-23416

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.