For sale

$1,998,000

Est. $13,501/mo —

Studio

•

— ba

•

—

sq ft

240 Paiko Dr, Honolulu, HI 96821

About this home

MASSIVE PRICE REDUCTION - PRICED TO SELL! 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 $1,224,500 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 Land Listing MLS #202611508

Single-familyProperty Type

8,190 sq ftLot Size

3 spacesParking

Listed by Kainoa Lee • Coldwell Banker Realty

Contact: (808) 596-0456

Listing updated: Aug 27, 2026 at 06:22pm

Redfin checked: 2 minutes ago

•Source:HiCentral MLS #202611507

Payment calculator

$13,501 per month

Principal and interest$10,623

Property taxes

$2,445

HOA dues

Home insurance

$433

Utilities

Add

5 minutes to get started. No credit impact.

Discover your buying power

Find out if this home is within budget

Down payment assistance

View down payment assistance programs for this home

See this home in person

This home is unavailable to tour on this day.

Next available date: Saturday, September 12

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 2PM TO 5PM
$349,000
Studio1 bath480 sq ft
21 Craigside Pl Unit 7C, Honolulu, HI 96817
OPEN SUN, 1PM TO 4PM
$390,000
1 bed1 bath594 sq ft
855 Makahiki Way #109, Honolulu, HI 96826
REDFIN OPEN SUN, 2PM TO 5PM3D WALKTHROUGH
$1,699,000
4 beds2 baths1,469 sq ft
558 Ulumu St, Kailua, HI 96734
OPEN SUN, 2PM TO 5PM3D WALKTHROUGH
$475,000
2 beds1 bath690 sq ft
2121 Ala Wai Blvd #1001, Honolulu, HI 96815
OPEN SUN, 2PM TO 5PM
$995,000
4 beds3 baths1,304 sq ft
2121 Bachelot St, Honolulu, HI 96817
OPEN SUN, 2PM TO 5PM
$2,259,000
4 beds3.5 baths3,133 sq ft
5984 Kalanianaole Hwy, Honolulu, HI 96821
OPEN SUN, 2PM TO 5PM
$955,000
2 beds2 baths1,427 sq ft
1 Keahole Pl #1618, Honolulu, HI 96825
OPEN SUN, 2PM TO 4PM
$745,000
2 beds2 baths896 sq ft
46-159 Meheanu Loop #3253, Kaneohe, HI 96744
OPEN SUN, 2PM TO 5PM
$499,000
2 beds2 baths1,032 sq ft
431 Nahua St #1307, Honolulu, HI 96815
OPEN SUN, 2PM TO 5PM
$2,149,000
4 beds2 baths2,020 sq ft
340 Ilimano St, Kailua, HI 96734

Around this home

Schools

K - 12
Preschool & daycare

Aina Haina Elementary School

Public PreK-5 • Assigned • 1.8mi

7/10

Niu Valley Middle School

Public 6-8 • Assigned • 0.8mi

7/10

Kalani High School

Public 9-12 • Assigned • 2.9mi

10/10

Provided by GreatSchools

About Kalani

Iki

Kalani Iki, located between Waialae Nui Ridge and Kuliouou Valley, is a residential and hillside East Honolulu neighborhood with winding ridge roads and broad ocean-facing views. The streets read as mid-century and contemporary homes tucked into steep, green contours, with lanais and carports shaped by the terrain. The neighborhood’s character concentrates around the Kalani Iki Road and Kalanianaʻole Highway junction, where morning traffic, trailhead chatter, and a small cluster of local stops set the daily rhythm. Piliers include Koko Marina Center, Koko Head Cafe, and the Hawai‘i Kai Towne Center for errands, coffee, and casual meetups. Outdoor time centers on nearby ridgelines and shoreline parks, with trade winds and mauka-to-makai sightlines defining the pace.

Provided by Walk Score and Local Logic

Market insights

240 Paiko Dr · $1,998,000

DAYS ON MARKET

The average home goes pending in 65 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median list price in this area is $1,233,988. (38% lower than this home)

PRICE DROP

11% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Interior features
Excellent condition
Has view

Sale and tax history for 240 Paiko Dr

Sale History
Tax History

Date

Event

Price

HiCentral MLS #202611507

Aug 27, 2026

Price Changed

$1,998,000

Jul 14, 2026

Price Changed

$2,198,000

Jun 11, 2026

Listed

$2,450,000

HiCentral MLS #202611508

Aug 27, 2026

Price Changed

$1,998,000

Jul 14, 2026

Price Changed

$2,198,000

Jun 11, 2026

Listed

$2,450,000

HiCentral MLS #202513207

May 29, 2026

Listing Removed

—

Sep 12, 2025

Price Changed

$2,450,000

May 30, 2025

Listed

$2,650,000

HiCentral MLS #202513208

May 29, 2026

Listing Removed

—

Sep 12, 2025

Price Changed

$2,450,000

May 30, 2025

Listed

$2,650,000

HiCentral MLS #202505706

Apr 3, 2025

Sold

$1,870,000

Apr 2, 2025

Listing Removed

—

Mar 11, 2025

Contingent

—

Feb 25, 2025

Listed

$1,995,000

HiCentral MLS #202505729

Mar 11, 2025

Contingent

—

Feb 25, 2025

Listed

$1,995,000

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

8,190 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Honolulu County

APN

1 3 8 001 007 0000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 8, 2023.

Climate risks

8/10 Flood Factor

Estimated 80%+ chance 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 • 96821

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.9 hrs

7.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 240 Paiko Dr

$1,842,421

$156K under list price of $2.00M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $1.9M to $3.0M.

SOLD AUG 19, 2026
$3,000,000 Last sold price
4 beds3.5 baths2,942 sq ft
824 Ikena Pl, Honolulu, HI 96821
SOLD JUN 26, 2026
$2,150,000 Last sold price
4 beds3 baths2,993 sq ft
179 Nawiliwili St, Honolulu, HI 96825
larger lot
SOLD JUL 6, 2026
$2,200,000 Last sold price
4 beds2.5 baths2,153 sq ft
457 Halemaumau St, Honolulu, HI 96821
SOLD FEB 3, 2026
$2,650,000 Last sold price
2 beds2.5 baths2,466 sq ft
55 Poipu Dr, Honolulu, HI 96825
larger lot
SOLD APR 1, 2026
$1,930,000 Last sold price
4 beds4 baths2,293 sq ft
454 Lani St, Honolulu, HI 96821
larger lot
SOLD JUL 29, 2026
$2,195,000 Last sold price
5 beds3 baths2,686 sq ft
308 Mamaki St, Honolulu, HI 96821

Tour for free, no strings attached

Make a winning offer with the help of a local agent

Ask a question

(808) 201-3564