The Ulu Team

$2,198,000$2,450,000 price reduced

240 Paiko Drive

PAIKO LAGOON · Honolulu · 96821 · MLS 202611508

  • beds
  • 0baths
  • living sqft
  • Landtype

The only BEACH FRONT VACANT LAND, in EAST HONOLULU, OAHU with more than 65 linear feet of sandy beach fronting famous surfing spots Toes and Secrets currently available UNDER $15,000,000. Paiko Beach consists of only 22 residences that are beach front. Priced $1,024,500 BELOW TAX ASSESSED VALUE! Endless water activities are made possible by the barrier reef creating a calm and protected sandy beach front. Seller has obtained APPROVED SHORELINE CERTIFICATION (see listing supplements) 21 feet forward (towards the ocean) of the property line. With all setbacks considered, this property still has a buildable footprint area of more than 4,290 square feet for a single level home! More if you build a second story. Seller has attached and completed the K2 Standard Survey, Shoreline Certification Survey and Topo Map. No Easements or Encroachments. Also listed in MLS under Residential Listing MLS #202611507

Building & interior

Lot size
8,190 sqft
View
Coastline · Garden · Mountains · Ocean · Sunset · Sunrise

Construction & features

Topography
Level
Lot features
Cleared · Interior Lot · Level
Utilities
Above Ground Utilities · Cable Available · Electricity Available · Phone Available · Sewer Available · Water Available · Sewer Not Available
Water
Public

Tax & assessment

Annual property tax
$29,337/yr
Tax year
2025
Assessed — total
$3,222,500
Assessed — land
$3,222,500
Assessed — improvements
$0
TMK
1-3-8-001-007-0000
Zoning
04 - R-7.5 Residential District
Land tenure
Fee simple
Financing accepted
Cash · Conventional · Exchange1031 · Owner May Carry
Disclosures
Exchange1031 · Seller Disclosure

Price history

Original list
$2,450,000
Previous
$2,450,000
Current
$2,198,000

Listed by Coldwell Banker Realty

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.

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