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5123 Palaole Pl
Waialae Iki Land
$1,700,000   Active
Photo of 5123 Palaole Pl, Honolulu, HI 96821
ONCE IN A LIFETIME OPPORTUNITY! Your chance to combine 2 rim lots in prestigious Waialae Iki to create your own estate/family compound w/almost 33,000 sqft of land & breathtaking dramatic ocean, shoreline, Diamond Hd & mntn views. Purchase this lot of 16,522 sqft w/pool, entertainment cabana & full ba for $1,700,000 OR combine w/adjoining 16,410 sqft lot (MLS#2017007742) which includes a nicely maintd 5 bd/5.5 ba main house & 2 bd/1 ba cottage w/separate entry. Main residence features fresh paint, new carpet, high ceilings & an expansive liv area. The 2 bd/1 ba cottage features fresh paint, new carpet & upgraded kitch & bath. Main residence & cottage have over 5,000 sq ft of int living space & is listed for $2,298,000. Buy both for $3,998,000 OR purchase separately. Endless possibilities!!
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MLS ID: 201707741
TMK: 1-3-6-023-029-0000
Region: Diamond Head
Neighborhood: Waialae Iki
City: Honolulu
Zip Code: 96821
Living Area: sq ft   ( / sq ft)
Days On Market: 47
Listing Date: 04/13/2017
Original Price: $1,700,000
Land Tenure: Fee Simple
Condition: Average

Year Built:
View: Coastline, Diamond Head, Mountain, Ocean
New Construction:
Pets: No

Utilities: Electricity, Public Water, Underground Electricity, Water
Disclosures: Property Disclosure Stmt
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Elementary:
Middle:
High:
Possession:
Financing: Cash, Conventional
Sales Conditions: None
Total Fees:
Land: $945,100
Improvements: $37,000
Assessed Total: $982,100
Assessed Ratio: 173.10%
Monthly Tax: $287   (Tax Year 2016)
Exemption:
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Building Style:
Construction:
Flooring:
Unit Features:
Floor Number:
# Elevators:
Flood Zone: Zone X
Management Co.:
Phone #:
Listing Courtesy: BHGRE Advantage Realty
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Date Field Old Value New Value
04/13/17 Status   Active
Date Status Price
01/13/17 Withdrawn $1,700,000 View
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Loan 1 Point w/20% Down: $13,600
Lender Title Insurance: $250
Lender Fee: $595
Appraisal: $650
Escrow Fee: $1,540
Title Insurance: $1,616
Home Inspection: $0
Closing Reserve: $350
Property Tax: $2,280
Other Fees: $200
Total: $21,081
Rate 4.00% 4.50% 5.00%
0% Down $8,116 $8,614 $9,126
3.5% Down $7,832 $8,312 $8,807
10% Down $7,304 $7,752 $8,213
20% Down $6,493 $6,891 $7,301
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