| Description | Exceptional Land Opportunity – Take advantage of this unique opportunity to build a home or investment project tailored to your vision in a highly convenient and desirable location. A rare chance to acquire a 7,087 square foot flat lot located just minutes from downtown. Zoned U/11/11 – A-1 Apartment, this property offers excellent potential for redevelopment. Buyers are advised to conduct their own due diligence regarding possible development options. Please note: The existing structure was damaged by fire on March 19, 2025, and is deemed beyond repair. The home is uninhabitable and should be considered a tear-down. At the buyer’s request, the seller is willing to remove the structure. Do not go on the property. This property is being sold strictly “As-Is” for land value only. |
|---|---|
| Status | Sold since 07-24-2025 |
| MLS# | 202516788 |
| Price | $1,250,000 |
| Original Price | $1,250,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 6 / 3 / 0 |
| Parking Spaces | 8 |
| Living Sq Ft | 2,176 |
| Land Sq Ft | 7,087 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1131 Banyan Street B Honolulu HI 96817 |
| Region | Metro |
| Neighborhood | Palama |
| Days on Market | 13 |
| Year Built | 1950 |
| Condition | Tear Down |
| View | None |
| Pool | None |
| Parking | 3 Car+ |
| Zoning | 11 - A-1 Low Density Apartment |
| Flood Zone | Zone X |
| Elementary | Kapalama |
| Middle | Kalakaua |
| High | Farrington |
| Tax Amount | $346 |
| Assessed Land | $1,214,600 |
| Assessed Building | $90,600 |
| Assessed Total | $1,305,200 |
| Assessed Ratio | 96% |
| Inclusions | None |
| Utilities | Other |
| Construction | Above Ground |
| Lot Features | Other |
| Flooring | Other |
| Disclosures | 1031 Exchange, Relative of Licensee |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family |
| Roofing | Other |
| Easements | Other |
| Parcel # | 1-1-7-031-027-0000 |
| Listing courtesy of | AA Oceanfront Rentals & Sales |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-18-2025 | 202516788 | Sold | C | S | $1,250,000 | $1,000,000 | $1,305,200 | $1,214,600 | $90,600 |
| 08-06-2025 | 202516788 | Active Under Contract | A | C | $1,250,000 | $1,000,000 | $1,305,200 | $1,214,600 | $90,600 |
| 07-24-2025 | 202516788 | New Listing | A | $1,250,000 | $1,000,000 | $1,305,200 | $1,214,600 | $90,600 | |
| 08-16-2001 | 2009511 | Price Decrease | $349,000 | $306,000 | $349,000 | $306,000 | $371,500 | $295,400 | $76,100 |
| 08-16-2001 | 2009511 | Sold | C | S | $349,000 | $306,000 | $371,500 | $295,400 | $76,100 |
| 09-28-2000 | 2009511 | New Listing | A | $349,000 | $306,000 | $371,500 | $295,400 | $76,100 |
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