Located on Diamond Head Road, Ho‘oluana Estate is one of Honolulu’s last remaining legacy estate-sized properties, spanning over two acres across two adjacent parcels. Zoned R-7.5 and encompassing nearly 89,120 square feet, the estate features two residences and an open lot, offering sweeping ocean views, beachfront access, and exceptional flexibility for development or preservation. Perfectly positioned between Kahala and Waikiki, this property combines luxury, tranquility, and proximity to world-class surfing, shopping, dining, golf, hiking, and more. Offered as a singular acquisition under TMKs 1-3-1-039-042-0000 and 1-3-1-039-005-0000, Ho‘oluana Estate presents a rare opportunity to establish a landmark estate in one of Honolulu’s most prestigious locations. Property details may not match tax records. Last four digits of the listing TMK do not exist, these are used only for MLS entry purposes.
Rare Package Deal! As highlighted in the photos, this massive estate includes a stunning oceanfront home plus two additional lots offering prime development potential. The main residence sits elevated on the hillside, capturing panoramic views over...
the existing homes and out to the ocean. An exceptional opportunity for investors, multi-generational living, or those seeking to create a private compound by the sea.
1 year ago• May not reflect the current state of the home
Waialae-Kahala, located between Diamond Head and Hawaiʻi Kai, is a coastal and residential East Honolulu neighborhood with oceanfront parks and a polished retail corridor. The neighborhood’s character concentrates around the Kahala Mall and Waialae Avenue, where boutiques, local cafés, and everyday services keep sidewalks active. Kahala Theatre, Arancino at The Kahala, and Waiola Shave Ice act as familiar community pillars. Streets shift from mid-century ranch homes to gated estates, with palms and low lava-rock walls setting a calm streetscape. Kapiʻolani Community College’s Saturday Farmers’ Market adds a weekly ritual near the Diamond Head edge. Beach access points and pocket parks frame a lifestyle tied to trade winds and shoreline views.
Provided by Walk Score and Local Logic
Market insights
3735 Diamond Head Rd · $55,000,000
DAYS ON MARKET
352 days
The average home goes pending in 65 days.
SALE-TO-LIST
99.4%
Most homes are selling 1% below list price.
LIST PRICE
$55,000,000
Median list price in this area is $1,235,762. (98% lower than this home)
PRICE DROP
0 price drops
11% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Living
Dining
Interior features
Unfurnished
Bedroom on main level
Full bath on main level
Entry foyer
Guest quarters
Bedrooms
Guest quarters (separate room type noted)
Bathrooms
10 full bathrooms
1 half bathroom
Flooring
Ceramic tile
Hardwood
Exterior features
Landscaping
Deck/Porch
Patio
Storage facilities
Workshop
Fenced yard
Wall
In-ground pool
Oceanfront / waterfront setting
Private road frontage
Level and sloping topography
Has view
Home design
2-story property
Fee simple land tenure
Average condition; updated/remodeled
Parking
Boat parking available
Driveway
Garage
Three or more parking spaces
Total 10 parking spaces
Security
Key card entry
Construction
Tile roof
Double wall construction
Concrete construction
Wood frame construction
Utilities
Above-ground utilities
Electricity available
Water available
Electricity and solar
View estimated energy costs and solar savings for this home
Located on Diamond Head Road, Ho‘oluana Estate is one of Honolulu’s last remaining legacy estate-sized properties. Zoned R-7.5 and encompassing nearly 80,000 square feet, the estate features an expansive residences and several open lots, offering sweeping ocean views, private/deeded beachfront access, and exceptional flexibility for development or preservation. Perfectly positioned between Kahala and Waikiki, this property combines luxury, tranquility, and proximity to world-class surfing, shopping, dining, golf, hiking, and more. Neighboring property located at 3735 Diamond Head Road A, is also available for sale, presenting a rare opportunity to establish a landmark estate in one of Honolulu’s most prestigious locations. Property details may not match tax records.
HiCentral MLS #202506223
Sep 30, 2025
Listing Removed
—
Mar 16, 2025
Listed
$43,000,000
$4,280/sq ft
HiCentral MLS #202421173
Sep 30, 2025
Listing Removed
—
Dec 8, 2024
Listed
$55,000,000
$5,474/sq ft
RENT. #1
Jul 8, 2022
Price Changed
$16,000
$2/sq ft
Public Records
Oct 24, 2018
Sold
$550,000
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2022
$37,308 (+14.4%)
$8,208,700 + $2,450,700
$10,659,400
2021
$32,617 (+0.4%)
$8,208,700 + $2,450,700
$10,659,400
2020
$32,474 (−0.9%)
$6,857,900 + $2,461,100
$9,319,000
2019
$32,764 (+2.7%)
$7,221,600 + $2,056,700
$9,278,300
2018
$31,908 (−11.7%)
$7,533,300 + $1,827,700
$9,361,000
2017
$36,153 (−33.7%)
$7,325,500 + $1,791,000
$9,116,500
2016
$54,497 (+40.7%)
$8,858,100 + $1,471,300
$10,329,400
2014
$38,720 (+39.3%)
$13,699,900 + $1,410,600
$15,110,500
2013
$27,806 (−8.0%)
$9,510,600 + $1,552,500
$11,063,100
2012
$30,224
$6,827,100 + $1,117,500
$7,944,600
Public record
Public record
Permits
Beds
5
Baths
5.5
Stories
2
Lot width
—
Lot depth
—
Lot size
1.84 Acres
Year renovated
—
Finished Sq. Ft.
6,213
Unfinished Sq. Ft.
—
Total Sq. Ft.
6,213
Year built
1967
Style
Single Family Residential
County
Honolulu County
APN
1 3 1 039 005 0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Mar 7, 2023.
Jun 7, 2023 • Final
Building
Construct a new exterior staircase and a retaining wall at the rear of the property.
ADU
Grading
Oct 13, 2021 • Final
Building
Reinforce an existing masonry retaining wall. Relocate a utility pullbox with conduits.
Electrical
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Honolulu, HI • 96816
Average low and high temperatures (°F)
80
69
79
68
80
70
82
71
82
72
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83
75
85
76
85
75
84
74
81
72
80
71
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
53/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
5.7 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3735 Diamond Head Rd
$46,347,416
$8.7M under list price of $55.0M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $3.0M to $16.5M.