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766 Ocean View Drive Honolulu HI 96816

$4,200,777 | OahuRE Rebate $16,803 | Active

Price dropped on 03-21-2024. Original price was $5,800,000

Listed on 03-28-2022

4 Bedrooms, 5 Full Baths, 0 Half Baths, 10 Parking Spaces

3,361 Square Feet Living * 25,372 Square Feet Land

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Property Last Viewed: 04/23/2024 06:57 PM, Total Views Today: 0, Total Views: 2,335, Viewed History

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OahuRE.com Notes About This Property

View all new listings in the Kaimuki neighborhood since this property was listed.

Seller is selling `As Is` and may not want to do repairs or issue credits during the inspection period.

Fell out of escrow or Temporarily Withdrawn 1 time. View Details

Price Decreased 3 times. View Details

Price trends for Kaimuki.

There were 94 homes sold in the last 2 years in the Kaimuki neighborhood.


766 Ocean View Drive

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Property Details

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MLS#: 202205334 * Questions?
Status: Active since 03-28-2022 See History
Price: $4,200,777
Rebate: $ 16,803 from OahuRE.com.
Monthly: $ 26,149.76 Update the default down payment and interest rate
  Monthly payment estimate for $ 4,200,777 price, 10% down, 6.60% interest rate, 30 year loan, $ 2,004 taxes, and $ 0 fees. Insurance not included.
Beds: 4   Baths: 5   Half: 0  Parking Spaces: 10
Living Sq Ft: 3,361
Land Sq Ft: 25,372
Land Tenure: FS - Fee Simple
Address: 766 Ocean View Drive Honolulu HI 96816
Region: Diamond Head - Activity
Neighborhood: Kaimuki - Activity * Kaimuki Stats
Street: Ocean View - Activity * Ocean View Drive Stats
Showing: Showing Request

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Original: $5,800,000
Change: $-1,599,223    -27.57%
Parcel#: 1-3-2-034-021-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 758 days in Active or In Escrow Showing
Date: Listed: 03-28-2022
Date: Status Change: 03-20-2023
Recent History: Not on the MLS in the last 10 years
Year Built: 1937 Remodeled:
View: City, Coastline, Diamond Head, Garden, Mountain, Ocean, Other, Sunrise, Sunset
Frontage: Other
Monthly Tax: $2,004 Year: 2022
Land: FS - Fee Simple
Condition: Above Average, Average

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Description:

The opportunity of a lifetime! Last of its kind, extremely rare and precious, intact HUGE 25,372 sq. ft. lot in Kaimuki zoned R-5, with expansive mountain, ocean, and city views - Diamond Head, Koko Head, Waikiki, Kahala, neighbor islands! Views from front, rear, and side of the lot! Tons of options for rebuilding, remodeling, expanding, dividing, and more! Make this your castle, fortress, multi-unit compound, or unique community of units. Perfectly located in Kaimuki near beaches, hikes, restaurants, shops, medical care, freeway on/off, schools, churches, parks, everything you need! Existing structures: 1) Single family home with kitchen, living room, 2 bedrooms, 3 bathrooms, & bonus rooms, on the main level, a large upstairs loft/bedroom and a large basement, 2) a 1 bed/1 bath unit, and 3) a studio unit. All square footage taken from tax record - actual measurements and #of rooms/bathrooms may differ from tax record. DO NOT GO ONTO THE PROPERTY WITHOUT LISTING AGENT - NO TRESSPASSING. All items at the property shall remain there at closing except for tenant's belongings in the 1/1 unit. AS IS Sale. Buyer to order own TIR, and do own thorough due diligence. Watch the video!

 
 
Inclusions: Book Shelves, Cable TV, Dryer, Fireplace, Lawn Sprinkler, Range/Oven, Refrigerator, Washer, Water Heater

Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Other, Patio/Deck, Storage, Wall/Fence

Utilities: Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone Construction: Concrete, Single Wall, Slab, Wood Frame Lot Features: Other Floor: Hardwood, Other, W/W Carpet Disclosures: Non Resident Owner, Property Disclosure Stmt Land Recorded: Regular System Furnished: None

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $2,546,700
Building: $411,800  
Assessed Total: $2,958,500  
Assessed Ratio: 141.99%
Pool: None
Location: Other
Parking: 3 Car+, Boat, Carport, Driveway, Street

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District Locator: DOE Locator to Confirm District
Area Total: 25,372
Acres: 0.5825
Topography: Down Slope, Level, Other, Terraced, Up Slope
Building Style: 1 Bedroom Cottage, Detach Single Family, Multiple Dwellings, Studio Cottage
Building:
New Const: No

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Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption: 0
Other: 360
Lanai Sq Ft: 0
Garage Sq Ft: 484
Avg Sq Ft Living: $1,249.86
Avg Sq Ft Land: $165.57
Security:
Rental Income: $0
Stories: Basement, One, Two CPR: No
Zoning: 05 - R-5 Residential District
Flood Zone: Zone X * Check if this property is in a Flood Zone
Tsunami Zone: Check if this property is in a Tsunami Zone * Tsunami Info * Oahu Tsunami Map
Roofing: Asphalt Shingle
Set-Backs: C and C, Of Record Roads: Paved Rd
Easements: None

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Links:
Google Maps * Supermarkets * Schools * Private Schools * Hospitals * Restaurants * Gyms * Shopping * Attractions * Beaches * Churches * Tax Info including a Plat Map PDF and GIS Parcel Map and Building Sketch
Commuting:
Waikiki * Downtown * Ala Moana * Airport * Kapolei * Hawaii Kai * Kailua Town * Windward Mall * Waikele * North Shore
Barbers Point * Camp Smith * Fort Shafter * Hickam * Lualualei * K-Bay Marine * Pearl Harbor * Schofield * Tripler * Wheeler * VA Mortgage Info
Closing Cost Calculators:
Buyer's Closing Cost Calculator to estimate the buyer's closing cost.
Seller's Closing Cost Calculator to estimate the seller's closing cost.

Listing courtesy of Demarked Realty Hawaii LLC

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
03-21-2024 202205334 Price Increase $4,200,000 $4,200,777 $4,200,777 $0 $2,958,500 $2,546,700 $411,800
09-01-2023 202205334 Price Decrease $4,288,888 $4,200,000 $4,200,777 $0 $2,958,500 $2,546,700 $411,800
03-20-2023 202205334 Back On Market In Escrow Showing Active $4,200,777 $0 $2,958,500 $2,546,700 $411,800
03-20-2023 202205334 Price Decrease $4,999,999 $4,288,888 $4,200,777 $0 $2,958,500 $2,546,700 $411,800
01-19-2023 202205334 Active Under Contract Active In Escrow Showing $4,200,777 $0 $2,958,500 $2,546,700 $411,800
06-30-2022 202205334 Price Decrease $5,800,000 $4,999,999 $4,200,777 $0 $2,958,500 $2,546,700 $411,800
03-28-2022 202205334 New Listing $5,800,000 Active $4,200,777 $0 $2,958,500 $2,546,700 $411,800

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Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$24,782$25,456$26,139$26,829$27,526$28,231$28,942$29,661$31,117
3.5% Down
$23,915$24,566$25,224$25,890$26,563$27,242$27,929$28,623$30,028
10% Down
$22,304$22,911$23,525$24,146$24,773$25,408$26,048$26,695$28,005
20% Down
$19,826$20,365$20,911$21,463$22,021$22,584$23,154$23,729$24,894
30% Down
$17,347$17,820$18,297$18,780$19,268$19,761$20,260$20,762$21,782
40% Down
$14,869$15,274$15,683$16,097$16,516$16,938$17,365$17,796$18,670
50% Down
$12,391$12,728$13,069$13,414$13,763$14,115$14,471$14,830$15,559

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Active means currently for sale. Active Under Contract means in escrow but still showing and looking for offers. Pending means in escrow and not looking for offers. Hold means the property is temporarily off the market. Cancelled means it is off the market.

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Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd. Active listings last updated on 04.24.24. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.

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