Listings Search Open Houses Buyer's 20% Rebate Sell for 2% Sell for $3,500 Statistics Help Tools Saved Searches Testimonials Blog Contact ☰

Oahu Real Estate Logo

We've sold 2,090+ listings for over $1.34 billion, saving our clients over $12 million. See our sales on Google Maps.

3242 Pelekane Drive

Honolulu HI 96817 · Active

3242 Pelekane Drive

See additional photos

DescriptionNuuanu Valley doesn't need much introduction to buyers who know Honolulu. Dowsett is among its most established enclaves, and lots of this scale rarely surface here. At 15,636 square feet, the site sits just above Nuuanu Stream. The sound of moving water is a given. So is the privacy. The upper valley's cooler temperatures and consistent greenery make it one of the few places on Oahu where a home can feel genuinely removed from the city while remaining close to it. Downtown Honolulu is minutes away. The neighborhood itself has the kind of quiet permanence that comes from decades of careful stewardship, mature trees, established homes, and streets that haven't changed much because the people who live here prefer it that way. For the buyer who wants to build something considered and lasting, this lot offers the right conditions. It is priced to move, and the market here will respond to that. Buyers who have been watching Dowsett know what this kind of opportunity looks like, and they don't wait. Good bones start with good land, and at this price point, this won't last. Also listed as a Single Family Home on MLS #202609849.
StatusActive since 05-21-2026
MLS#202609851
Price$1,295,000
Original Price$1,295,000
Price Change (0.00%)
Land Sq Ft15,636
Land TenureFS - Fee Simple
Maintenance Fee$0
Address3242 Pelekane Drive Honolulu HI 96817
RegionMetro
NeighborhoodDowsett
Days on Market129
ViewGarden
FrontageStream/Canal
Zoning03 - R10 - Residential District
Flood ZoneZone X
Tax Amount$1,119
Assessed Land$1,887,500
Assessed Total$1,887,500
Assessed Ratio69%
UtilitiesPublic Water
Lot FeaturesClear
DisclosuresProperty Disclosure Stmt
Land RecordedLand Court
Sale ConditionsNone
TopographyGentle Slope
EasementsSewer
Parcel #1-2-2-045-002-0000
Listing courtesy ofHawaii Life
DateMLS#ChangeOld ValueNew ValueList PriceSold PriceAssessed TotalLandBuilding
05-21-2026202609851New ListingA$1,295,000$0$1,887,500$1,887,500$0
05-20-2026202604694ExpiredAX$1,295,000$0$1,826,600$1,887,500$0
02-27-2026202604694New ListingA$1,295,000$0$1,826,600$1,887,500$0
02-27-2026202512588CancelledAW$1,295,000$0$1,826,600$1,826,600$0
10-15-2025202512588Price Decrease$1,350,000$1,295,000$1,295,000$0$1,826,600$1,826,600$0
07-07-2025202512588Back On MarketTA$1,295,000$0$1,826,600$1,826,600$0
06-27-2025202512588HoldAT$1,295,000$0$1,826,600$1,826,600$0
06-27-2025202512588Back On MarketCA$1,295,000$0$1,826,600$1,826,600$0
06-06-2025202512588Active Under ContractAC$1,295,000$0$1,826,600$1,826,600$0
06-06-2025202512588New ListingCSA$1,295,000$0$1,826,600$1,826,600$0
03-30-2023202209955CancelledAW$1,675,000$0$1,474,600$1,474,600$0
06-15-2022202209955New ListingA$1,675,000$0$1,474,600$1,474,600$0
Photo 2 of 15

Photo 2 of 15 · Previous · Next or click photo · Top

Photo 3 of 15

Photo 3 of 15 · Previous · Next or click photo · Top

Photo 4 of 15

Photo 4 of 15 · Previous · Next or click photo · Top

Photo 5 of 15

Photo 5 of 15 · Previous · Next or click photo · Top

Photo 6 of 15

Photo 6 of 15 · Previous · Next or click photo · Top

Photo 7 of 15

Photo 7 of 15 · Previous · Next or click photo · Top

Photo 8 of 15

Photo 8 of 15 · Previous · Next or click photo · Top

Photo 9 of 15

Photo 9 of 15 · Previous · Next or click photo · Top

Photo 10 of 15

Photo 10 of 15 · Previous · Next or click photo · Top

Photo 11 of 15

Photo 11 of 15 · Previous · Next or click photo · Top

Photo 12 of 15

Photo 12 of 15 · Previous · Next or click photo · Top

Photo 13 of 15

Photo 13 of 15 · Previous · Next or click photo · Top

Photo 14 of 15

Photo 14 of 15 · Previous · Next or click photo · Top

Photo 15 of 15

Photo 15 of 15 · Previous · Next or click photo · Top