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3950 Sierra Drive

Honolulu HI 96816 · Active · $2,380,000

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3950 Sierra Drive

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Rebate20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling
DescriptionNEW PRICE! Build your legacy in the heart of Honolulu. Development opportunity as the lots are already CPR'd. Set in Wilhelmina, this exceptional 13,246 sf vacant parcel offers breathtaking 180-degree views of Diamond Head, the Pacific Ocean, sparkling city lights, and unforgettable sunset vistas. This premier estate lot provides the perfect canvas for an exceptional custom estate. The generous lot size and favorable development potential allow for your dream lifestyle residence. The design allows for 3 -5 car garage plus, room for 6+ cars in the driveway A separate dwelling can also be built if desired. Conceptual plans and architectural renderings by local, award-winning architect Jim Schmit are available; the permitting process is underway. Buyers may obtain the plans and continue the process toward bringing this extraordinary vision to life. Enjoy a sought-after scenic island lifestyle that combines privacy, prestige, and convenience, just minutes from the vibrant dining, shopping, cafés, and beaches. This is a rare chance to secure a landmark property and build a legacy home. Being sold with TMK 1-3-3-032-031-0001. Lot size and tax assessment values is the total for both TMKs.
StatusActive since 08-01-2026
MLS#202614756
Price$2,380,000
Original Price$2,750,000
Price Change$-370,000 (-13.45%)
Land Sq Ft13,246
Land TenureFS - Fee Simple
Address3950 Sierra Drive Honolulu HI 96816
RegionDiamond Head
NeighborhoodWilhelmina
Days on Market94
ViewCity, Coastline, Diamond Head, Mountain, Ocean, Sunset
FrontageConservation
Zoning05 - R-5 Residential District
Flood ZoneZone X · See flood zone map · Explain flood zones
Monthly Tax$725
Assessed Land$2,056,600
Assessed Building$4,600
Assessed Total$2,061,200
Assessed Ratio115%
UtilitiesCable, Electricity, Overhead Electricity, Public Water, Sewer, Water
Lot FeaturesClear, Rim Lot
DisclosuresProperty Disclosure Stmt
Land RecordedLand Court
Sale ConditionsNone
TopographyDown Slope, Gentle Slope
EasementsSewer
Parcel #1-3-3-032-031-0002
Listing courtesy ofCaron B Realty
DateMLS#ChangeOld ValueNew ValueList PriceSold PriceAssessed TotalLandBuilding
10-15-2026202614756Price Decrease$2,750,000$2,380,000$2,380,000$0$2,061,200$2,056,600$4,600
08-01-2026202614756New ListingA$2,380,000$0$2,061,200$2,056,600$4,600
09-06-20131302589WithdrawnAW$895,000$0$630,200$630,200$0
03-07-20131302589New ListingA$895,000$0$630,200$630,200$0
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