The Ulu Team

$1,799,000$1,999,000 price reduced

42-311 Old Kalanianaole Road

NORFOLK · Kailua · 96734 · MLS 202507960

  • beds
  • 0baths
  • living sqft
  • Landtype

Here is your opportunity to create your dream space with an expansive lot, zoned AG-2 (General Agricultural), to build your custom dream home surrounded by the natural beauty of the Koolau Mountains. With a building permit already available, you can get started right away.

Whether you envision a classic island-style home, a modern farmhouse, or a sustainable oasis, this property is your blank canvas. With AG-2 zoning, you can even explore the joys of small-scale farming or gardening — all while enjoying the privacy and serenity that country living provides.

Features: • Building Permit Ready: Start construction without delay • Zoned AG-2: Ideal for a custom country home with space for gardens • Breathtaking Views: Koolau Mountain vistas and lush surroundings • Expansive Lot: Ample room for outdoor living and entertaining • Prime Location: Just a short drive to Kailua town and world-renowned beaches

Embrace the tranquility of a rural lifestyle while enjoying the convenience of being just minutes from Kailua’s stunning beaches, local shops, and vibrant dining.

Building & interior

Lot size
88,209 sqft
View
Mountains

HOA & monthly fees

Community / association
Olomana Agricultural Subdivision

Construction & features

Topography
Level · Sloping
Lot features
Cleared · Wooded · Level · Steep Slope
Utilities
Water Available · Sewer Not Available
Water
Public

Tax & assessment

Annual property tax
$5,268/yr
Tax year
2024
Assessed — total
$923,400
Assessed — land
$923,400
Assessed — improvements
$0
TMK
1-4-2-098-041-0000
Zoning
52 - AG-2 General Agricultural
Land tenure
Fee simple
Financing accepted
Cash · Conventional
Disclosures
Seller Disclosure

Price history

Original list
$1,999,000
Previous
$1,999,000
Current
$1,799,000

Listed by Real Broker

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

Before you offer

Ask us what it’s actually worth.

We’ll pull the comparable sales on this street and tell you where this price really sits — before you write.