$1,598,000
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1139 Papaku Place, Honolulu, HI 96814

EXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 APARTMENT ZONED PROPERTY IN THE HEART OF MAKIKI! THIS EXTRAORDINARY OFFERING IS PRICED WELL BELOW THE 2023 REAL PROPERTY TAX LAND VALUE. FEATURING AN EXISTING WELL KEPT 3 BEDROOM/ 1 BATH SINGLE FAMILY HOME, IT ENJOYS A GREAT LOCATION JUST OFF THE MAIN THOROUGHFARE, SHARING A PAVED ROAD WITH THE POST OFFICE.WHAT MAKES THIS PROPERTY TRULY EXCEPTIONAL IS THE POTENTIAL FOR A BILL 7 REDEVELOPMENT PROJECT, ADDRESSING THE PRESSING NEED FOR AFFORDABLE HOUSING AND/OR THE POTENTIAL TO DEVELOP SENIOR CARE FACILITIES FOR OUR KAPUNA. UNDER BILL 7, YOU COULD BENEFIT FROM SUBSTANTIAL INCENTIVES, INCLUDING THE POSSIBILITY OF CITY GRANTS FOR UP TO $15.00 PER SQUARE FOOT UPON PROJECT COMPLETION. MOREOVER, THERE ARE NO PERMITTING OR UTILITY FEES TO WORRY ABOUT, POTENTIAL EXPEDITED PERMITTING & REMARKABLE 10 YEAR PROPERTY TAX EXEMPTION. SELLERS HAVE COPIES OF BUILDING PLANS SUBMITTED TO DPP FOR A 33 UNIT-6 STORY AFFORDABLE HOUSING PROJECT AND ARE AVAILABLE FOR REVIEW DURING SHOWINGS. BUYERS AND THEIR AGENTS SHOULD PERFORM THEIR DUE DILIGENCE AND REACH OUT TO THE DEPARTMENT OF PLANNING & PERMITTING AND HCDC.

  • MLS# 202324523
  • Date Listed10/30/2023
  • Bedrooms 0
  • Bathrooms
  • Lot Size 6750 acres (294,030,000 sq. ft)
  • Subdivision MAKIKI AREA
  • Property Type Land
  • County Oahu
  • Water Public

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 6,750.00
  • Lot Size SQFT 294,030,000.00
  • Lot Features Level

Financial Considerations

  • Tax Amount $6,036
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in HI / 96814

Source: Walkscore

98/100

Walker's Paradise

Walk Score ®

71/100

Excellent Transit

Transit Score ®

91/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

29 nearby routes: 29 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 44/100, Transit Score: 46/100, Bike Score: 37/100.

Points of Interest near 1139 Papaku Place, Honolulu, HI 96814

Frequently Asked Questions for 1139 Papaku Place

Source: Realty.com

1139 Papaku Place, Honolulu, HI 96814 is a Land, Land Lot property listed for $1,598,000 The property is 0 sq. ft with 0 bedrooms and 0 bathrooms

Realty.com has 4 photos of 1139 Papaku Place.

The full address for this home is 1139 Papaku Place, Honolulu, HI 96814.

1139 Papaku Place has been listed on Realty.com since Mon October 30, 2023

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 44/100, Transit Score: 46/100, Bike Score: 37/100.

There are 3 schools assigned to this home. Check out the schools near 1139 Papaku Place. Queen Kaahumanu Elementary School (Grades: PK - 5), Washington Middle School (Grades: 6 - 8), President Theodore Roosevelt High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Honolulu (tel: 808-951-3200)
Listing agent: Robert Vernon (tel: 808-600-1816) (#40422)

This content last refreshed on 2025-12-08 01:44:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1139 Papaku Place, Honolulu, HI 96814 : MLS# 202324523