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47-659 Kamehameha Hwy, Kaneohe, HI 96744
6 min walk to Kahaluu Regional Park
22 min walk to the beach
About lifestyles
In search of a new buyer. Previous buyer fell out of escrow due to a last minute financing condition.
Versatile Oceanfront property with Dual Homes – B1 Zoning. This rare 7,825 sq ft oceanfront property offers outstanding flexibility with two separate dwellings on one lot, both featuring private entrances, individual electric meters, and laundry rooms. Zoned B1, this unique opportunity is ideal for residential, rental, or mixed-use possibilities.
-Street-side Home: 1,118 sq ft interior, 4 bedrooms, 2 bathrooms. Recent Upgrades: $18,000 invested in plumbing and electrical improvements.
-Oceanfront Home: 784 sq ft interior, 2 bedrooms, 2 bathrooms
-Shared Feature: A spacious courtyard between the two homes, perfect for outdoor living and entertaining
Live in one, rent the other, or explore commercial potential—all in a prime oceanfront setting. With zoning flexibility, recent upgrades, and strong income or lifestyle appeal, this property is truly a rare find that is PRICED TO SELL! Some photos are virtually staged. Furnishings were removed from the property.
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Details
1957 year built
- Year Built 1957
- Days on market 255
- Price per sqft $613/sqft
-
Address
47-659 Kamehameha Hwy, Kaneohe, HI, 96744
- Frontage Main Street, Other
- Neighborhood Kaalaea
- Land area 7,825 sqft / 0.18 acres
- Total Interior Area 2,122 sqft
- City of Oahu Kaneohe
- Region Kaneohe
- Island Oahu
- Land tenure FS - Fee Simple
- Number of Units 2
- Parking Spaces 4
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$6,629
Taxes
$354
HOA dues
$0
Mortgage
Down payment
$260,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$6,629 / month
Neighborhood: Kaalaea
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
10.67 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Amenities & Features
4 parking places, Concrete, Other floors
Property Condition
Average
Construction/Exterior Finish
Other, Wood Frame
Floor Covering
Concrete, Other
Easements
None
Parking
On Site, Street
Utilities Included
Light Electricity, Small Water Meter
Amenities
Computer Room, Office, Other, Private Restroom, Recreation Area
Kaalaea prices
Average price $784.54k
Neighborhood average sales price*
$784.54k
Neighborhood median sales price*
$690.53k
Number or sales*
102
Street median sales price*
$990k
*last 6 months
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
Elementary School
|
0.453mi | |
|
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
Middle School
|
0.453mi | |
|
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd,
Kaneohe, HI 96744
High School
|
4.175mi |
| School rating | Distance | |
|---|---|---|
|
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
|
0.453mi | |
|
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
|
1.516mi | |
|
Ahuimanu Elementary School
47470 Hui Aeko Place,
Kaneohe, HI 96744
|
2.08mi | |
|
Heeia Elementary School
46202 Haiku Rd,
Kaneohe, HI 96744
|
3.799mi | |
|
St Ann's Model Schools
46 Haiku Road,
Kaneohe, HI 96744
|
3.906mi |
| School rating | Distance | |
|---|---|---|
|
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
|
0.453mi | |
|
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
|
1.516mi | |
|
Ahuimanu Elementary School
47470 Hui Aeko Place,
Kaneohe, HI 96744
|
2.08mi | |
|
Governor Samuel Wilder King Intermediate School
46155 Kamehameha Hwy,
Kaneohe, HI 96744
|
3.424mi | |
|
Heeia Elementary School
46202 Haiku Rd,
Kaneohe, HI 96744
|
3.799mi |
| School rating | Distance | |
|---|---|---|
|
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd,
Kaneohe, HI 96744
|
4.175mi | |
|
Castle High School
45386 Kaneohe Bay Dr,
Kaneohe, HI 96744
|
5.177mi | |
|
Koolau Baptist Academy
Po Box 1642,
Kaneohe, HI 96744
|
5.277mi | |
|
Ke Kula O Samuel M Kamakau - A Laboratory Public Charter School
45037 Kaneohe Bay Dr,
Kaneohe, HI 96744
|
5.515mi | |
|
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
6.685mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Mar 10, 2021
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 10, 2021 | Sold | $962,000 | $453.35 | Public Record |
| Dec 11, 2020 | Active Under Contract | $975,000 | $459.47 | MLS #202027774 |
| Oct 23, 2020 | New Listing | $975,000 -11.28% | $459.47 | MLS #202027774 |
| Apr 7, 2018 | Cancelled | $1,099,000 | $517.91 | MLS #201723608 |
| Nov 12, 2017 | New Listing | $1,099,000 -8.34% | $517.91 | MLS #201723608 |
| Jul 18, 2017 | Cancelled | $1,199,000 | $565.03 | MLS #201627991 |
| Jan 23, 2017 | Price Decrease | $1,199,000 -4.08% | $565.03 | MLS #201627991 |
| Nov 18, 2016 | New Listing | $1,250,000 | $589.07 | MLS #201627991 |
Tax & MLS details 47-659 Kamehameha Hwy, Kaneohe, HI, 96744
MLS #202507815
Current Property Taxes p/month
$354
Assessed Improvement value
$830,800
TMK
1-4-7-041-008-0000
Flood Zone
Zone AE
Total Assessed value
$1,340,000
Listed by
Berkshire Hathaway HmSvc HI RE
(808) 792-3910
(808) 792-3910
MLS #
202507815
Hawaii House tour report for this commercial
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Open floorplan
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Frequently asked questions for 47-659 Kamehameha Hwy
What is 47-659 Kamehameha Hwy?
47-659 Kamehameha Hwy is a Commercial/Industrial
How many units does it have?
47-659 Kamehameha Hwy has 2 units.
What is the rental income?
—
What is the full address of this commercial?
47-659 Kamehameha Hwy, Kaneohe, HI, 96744.
What comparable properties are nearby?
Comparable nearby commercial properties include 45-428 Kamehameha Hwy, 849 4th Street, 916 Eu Ln, 1940 Democrat Street, 1923 Democrat Street, 725 Kapiolani Blvd unit C209.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Berkshire Hathaway HmSvc HI RE. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on October 13, 2025.
Hawaii House Last checked less than a minute ago.
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