66-346 Paalaa Rd

1,853 Sq. Ft.
$1,349 / Sq. Ft.
1,853
Sq. Ft.
$1,349
per Sq. Ft.

Description

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...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.
  1. Listed by FengQing Lin • License #RS-79401 • Five Star Realty, Inc. • (808) 382-6871
  2. Listed by Brian Chua • License #RB-21314 • Five Star Realty, Inc. • (808) 382-6871

Property Details for 66-346 Paalaa Road

Architectural Style
Detach Single Family
View
Mountain
Zoning
05 - R-5 Residential District
Neighbourhood
WAIALUA
Flood Zone
Zone X
Stories/Levels
One
Land Tenure
FS - Fee Simple
LISTING UPDATED: 11/24/2025 02:22 PM

Property Details for 66-346 Paalaa Road

StatusActive
MLS #202521333
Days on Market106
Taxes$1,044 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1961
Lot Size1.01 AC / 43,865 SF
CountyHonolulu County

Location

Listing Courtesy of Five Star Realty, Inc., FengQing Lin, License #RS-79401; Five Star Realty, Inc., Brian Chua, License #RB-21314
Add your commute

Building Information for 66-346 Paalaa Road

Stories-Year Built1961Building Size-Lot Size1.01 AC / 43,865 SF

Payment Calculator

$13,229 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,185

Property Taxes

$1,044

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 66-346 Paalaa Road

Summary
Location and General Information
  • Topography: Gentle Slope
  • City: Haleiwa
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Other
Taxes and HOA Information
  • Tax Amount: $1,044.00
  • Tax Assessed Value: $1,748,200.00
  • Tax Assessed Value Improvements: $548,500.00
  • Tax Assessed Value Land: $1,199,700.00
  • Tax Excemption Owner Occupancy: 0
  • Tax Year: 2025
  • Parcel Number: 1-6-6-016-020-0000
  • HOA YN: No
Parking
  • Parking Features: 3 Car+
  • Parking Total: 5
Property
Lot Information
  • Property Sub Type: Single Family
  • Property Type: Single Family
  • Road Frontage: Paved Rd
  • SQFT Roofed Living: 1853.0
  • Sqft Total: 1853.0
  • Land Recorded: Land Court
  • Lot Features: Clear
  • Lot Size Area: 43865.0
  • Year Built: 1961
Property and Assessments
  • Appliances: None
  • Photo Count: 12
  • New Development Construction: No
  • Property Condition: Average
  • Special Listing Conditions: None
  • Disclosures: None
  • Foreclosure: No
  • Fractional Ownership: No
  • Condo Property Regime: No
  • Set Backs: Of Record
  • Supplement Count: 0
  • TMK Area: 166
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 20
  • TMKPLAT: 16
  • TMK Section: 6
  • TMK Zone: 6
Utilities
  • Utilities: Cable, Overhead Electricity, Public Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Single Wall
  • Easements: None
  • Flooring: W/W Carpet
  • Pool Features: None
  • Roof: Composition
Interior Features
  • Baths Full: 3
  • Baths Half: 0
  • Baths Total: 3.0
  • Beds Total: 2.0
  • Room Count: 0
Agent
Sale and Listing
  • DOM: 42
  • Immoviewer: No
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: North Shore
  • Status: Active
  • Public Remarks: 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.
  • Possession: 45 Days or Less

Property History for 66-346 Paalaa Road

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Price Change

HICENTRAL #202521333

$2,500,000
Oct 13, 2025

Price Change

HICENTRAL #202521333

$2,800,000
Oct 13, 2025

Listed (Active)

HICENTRAL #202521333

$2,500,000
Jul 3, 2023

Temporarily Off Market

HICENTRAL #202214461

$2,999,999
Jul 28, 2022

Listed (Active)

HICENTRAL #202214461

$2,999,999
Aug 11, 2021

Sold

HICENTRAL #202109393

$2,400,000
Aug 4, 2021

Sold (Public Record)

Public Record #1475962083

$2,400,000

+2.8% / yr

May 11, 2021

Contract Signed

HICENTRAL #202109393

May 11, 2021

Contract Out

HICENTRAL #202109393

Apr 20, 2021

Temporarily Off Market

HICENTRAL #202008014

$2,599,999
Apr 20, 2021

Listed (Active)

HICENTRAL #202109393

$2,599,999
Apr 14, 2020

Listed (Active)

HICENTRAL #202008014

$2,599,999
Jan 17, 2020

Permanently Off Market

HICENTRAL #201914909

$2,599,999
May 31, 2019

Listed (Active)

HICENTRAL #201914909

$2,599,999
Sep 22, 2006

Sold

HICENTRAL #2611332

$1,600,000
Sep 20, 2006

Sold (Public Record)

Public Record #202568568

$1,600,000
Aug 23, 2006

Contract Signed

HICENTRAL #2611332

Jun 14, 2006

Listed (Active)

HICENTRAL #2611332

$1,750,000
DateEvent & SourcePrice
11/24/2025

Price Change

HICENTRAL #202521333

$2,500,000
10/13/2025

Price Change

HICENTRAL #202521333

$2,800,000
10/13/2025

Listed (Active)

HICENTRAL #202521333

$2,500,000
07/03/2023

Temporarily Off Market

HICENTRAL #202214461

$2,999,999
07/28/2022

Listed (Active)

HICENTRAL #202214461

$2,999,999
08/11/2021

Sold

HICENTRAL #202109393

$2,400,000
08/04/2021

Sold (Public Record)

Public Record #1475962083

$2,400,000

+2.8% / yr

05/11/2021

Contract Signed

HICENTRAL #202109393

05/11/2021

Contract Out

HICENTRAL #202109393

04/20/2021

Temporarily Off Market

HICENTRAL #202008014

$2,599,999
04/20/2021

Listed (Active)

HICENTRAL #202109393

$2,599,999
04/14/2020

Listed (Active)

HICENTRAL #202008014

$2,599,999
01/17/2020

Permanently Off Market

HICENTRAL #201914909

$2,599,999
05/31/2019

Listed (Active)

HICENTRAL #201914909

$2,599,999
09/22/2006

Sold

HICENTRAL #2611332

$1,600,000
09/20/2006

Sold (Public Record)

Public Record #202568568

$1,600,000
08/23/2006

Contract Signed

HICENTRAL #2611332

06/14/2006

Listed (Active)

HICENTRAL #2611332

$1,750,000

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

Public Records for 66-346 Paalaa Road

Taxable ValueLand$1,199,700Additions$548,500Total$1,748,200
Tax Record2025$13,658 ($1,138 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt1,853 SqFtAbove Grade Finished SqFt1,853 SqFtStories1Lot Size43,865 SqFtStyleSingle Family ResidenceYear Built1961Year Renovated1986ZoningR-5 RESIDENTICountyHONOLULUAPN1-6-6-016-020

Schools near 66-346 Paalaa Road

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

Waialua High & Intermediate School
Public7 to 12

Kamalani Academy
CharterPK to 8

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.

Similar Homes

Similar Sold Homes

66-346 Paalaa Road is a single family home for sale in Haleiwa, HI 96712. This property was listed for sale on October 13, 2025 by Five Star Realty, Inc., it's currently listed at $2,500,000. It has been on the market for a total of 106 days and was last sold on August 11, 2021. This listing's school district is Hawaii Department Of Education. Nearby schools include Haleiwa Elementary School, Waialua High & Intermediate School and Kamalani Academy. 66-346 Paalaa Road is a 2-bed, 3-bath, 1,853 sqft single family home built in 1961.

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 Five Star Realty, Inc., FengQing Lin, License #RS-79401; Five Star Realty, Inc., Brian Chua, License #RB-21314

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.