| Description | A perfect blend of luxury and casual beach vibe, this gorgeous Diamond Head property sits above the coveted Cromwell's Cove beach, with private deeded beach access just a few doors down. This is the kind of beach property that reminds you why people drop everything to live in Hawaii. The recently completed nearly $1 million remodel includes 2 newly renovated bathrooms, a new library off the main living space, and a brand-new outdoor dining and entertaining area that takes full advantage of Oahu's perfect weather. The pool, hot tub, and kiddie pool is framed by a gated entry, with a beautiful yard for a dreamy entertaining space. There are also net metered PV panels to power everything! The home has 4,096 square feet with 5 bedrooms, 4 bathrooms with an ocean view from the primary suite, which has its own private lanai and room for an office. For surfers, this is a dream location near excellent waves! Sale is subject to seller's replacement property. |
|---|---|
| Status | Active since 09-13-2026 |
| MLS# | 202617416 |
| Price | $6,750,000 |
| Original Price | $6,750,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 5 / 4 / 0 |
| Parking Spaces | 2 |
| Living Sq Ft | 4,096 |
| Land Sq Ft | 7,413 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 245 Palaoa Place Honolulu HI 96816 |
| Region | Diamond Head |
| Neighborhood | Diamond Head |
| Days on Market | 14 |
| Year Built | 1953 |
| Year Remodeled | 2026 |
| Condition | Excellent |
| View | Mountain, Ocean |
| Frontage | Other |
| Pool | Heated, In Ground, Spa/HotTub, Tile, Pool on Property |
| Parking | 2 Car, Driveway, Garage |
| Zoning | 04 - R-7.5 Residential District |
| Flood Zone | Zone X |
| Elementary | Waikiki |
| Middle | Kaimuki |
| High | Kaimuki |
| Tax Amount | $1,519 |
| Assessed Land | $2,657,500 |
| Assessed Building | $2,670,100 |
| Assessed Total | $5,207,600 |
| Assessed Ratio | 130% |
| Inclusions | AC Split, Auto Garage Door Opener, Blinds, Book Shelves, Cable TV, Ceiling Fan, Chandelier, Dishwasher, Disposal, Dryer, Gas Grill, Lawn Sprinkler, Microwave, Photovoltaic - Owned, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Solar Heater, Washer |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Patio/Deck, Wall/Fence |
| Utilities | Cable, Cesspool, Gas, Internet, Public Water, Telephone, Underground Electricity, Water |
| Construction | Double Wall, Slab, Wood Frame |
| Lot Features | Clear |
| Flooring | Ceramic Tile, Hardwood, W/W Carpet |
| Disclosures | Pet on Property, Pets Allowed (Verify), Photovoltaic, Property Disclosure Stmt |
| Furnished | Partial |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | Subject To Repl. Property |
| Topography | Gentle Slope |
| Building Style | Detach Single Family |
| Roofing | Wood Shake |
| Easements | None |
| Security | Key |
| Parcel # | 1-3-1-039-037-0000 |
| Listing courtesy of | eXp Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-13-2026 | 202617416 | New Listing | CS | A | $6,750,000 | $0 | $5,207,600 | $2,657,500 | $2,670,100 |
| 06-14-2021 | 202103511 | Sold | C | S | $4,995,000 | $4,800,000 | $1,925,800 | $1,534,000 | $391,800 |
| 04-19-2021 | 202103511 | In Escrow Showing | A | C | $4,995,000 | $4,800,000 | $1,925,800 | $1,534,000 | $391,800 |
| 02-05-2021 | 202103511 | New Listing | A | $4,995,000 | $4,800,000 | $1,925,800 | $1,534,000 | $391,800 | |
| 02-05-2021 | 202103511 | $4,995,000 | $4,995,000 | $4,800,000 | $1,925,800 | $1,534,000 | $391,800 | ||
| 02-01-2021 | 202002246 | Expired | A | X | $5,248,000 | $0 | $1,925,800 | $1,534,000 | $391,800 |
| 01-31-2020 | 202002246 | New Listing | A | $5,248,000 | $0 | $1,925,800 | $1,534,000 | $391,800 | |
| 01-30-2020 | 201903277 | Expired | A | X | $5,248,000 | $0 | $2,088,400 | $1,556,000 | $532,400 |
| 06-28-2019 | 201903277 | Price Decrease | $5,495,000 | $5,248,000 | $5,248,000 | $0 | $2,088,400 | $1,556,000 | $532,400 |
| 01-29-2019 | 201903277 | New Listing | A | $5,248,000 | $0 | $2,088,400 | $1,556,000 | $532,400 | |
| 03-20-2012 | 1201684 | Sold | C | S | $3,975,000 | $4,333,000 | $1,087,300 | $876,900 | $210,400 |
| 03-09-2012 | 1201684 | Active Continue to Show | A | C | $3,975,000 | $4,333,000 | $1,087,300 | $876,900 | $210,400 |
| 02-13-2012 | 1201684 | New Listing | A | $3,975,000 | $4,333,000 | $1,087,300 | $876,900 | $210,400 | |
| 11-24-2009 | 2911316 | Sold | C | S | $2,285,000 | $1,825,000 | $1,142,100 | $954,400 | $187,700 |
| 10-23-2009 | 2911316 | Active Continue to Show | A | C | $2,285,000 | $1,825,000 | $1,142,100 | $954,400 | $187,700 |
| 08-24-2009 | 2911316 | New Listing | A | $2,285,000 | $1,825,000 | $1,142,100 | $954,400 | $187,700 | |
| 08-06-2009 | 2909184 | Withdrawn | A | W | $2,285,000 | $0 | $1,142,100 | $954,400 | $187,700 |
| 07-07-2009 | 2909184 | New Listing | A | $2,285,000 | $0 | $1,142,100 | $954,400 | $187,700 | |
| 05-30-2007 | 2612173 | Withdrawn | A | W | $2,950,000 | $0 | $1,489,300 | $1,308,500 | $180,800 |
| 09-19-2006 | 2612173 | Price Decrease | $3,350,000 | $2,950,000 | $2,950,000 | $0 | $1,489,300 | $1,308,500 | $180,800 |
| 06-28-2006 | 2612173 | New Listing | A | $2,950,000 | $0 | $1,489,300 | $1,308,500 | $180,800 | |
| 10-11-2002 | 2204752 | Withdrawn | A | W | $2,250,000 | $0 | $780,900 | $656,200 | $124,700 |
| 07-23-2002 | 2204752 | Price Decrease | $2,250,000 | $1,950,000 | $2,250,000 | $0 | $780,900 | $656,200 | $124,700 |
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