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$1,550,000
202614550 MLS FS - Fee Simple Tenure 1 DOM
Amazing opportunity to build your dream home on a 13,000+ sq. ft. lot sitting right above Kaneohe Bay close to Kailua Beach. Located in a highly desired, quiet cul-de-sac of beautiful homes, this level and gentle downslope property is optimized for stunning bay views and has an existing pool shell ready for restoration. This private lane includes just six homes and grants direct water access right-of-way and a shared boat ramp located directly across from your property. Architectural plans have been approved for permit. Professional renderings, topographic map, and survey available. The location blends privacy and peak convenience, situated directly across from the H-3 highway entrance for easy commuting, and just minutes away from the Kaneohe Yacht Club, Aikahi Park Shopping Center, and world-famous Kailua Beach.

5 Paku Place, Kaneohe

$3,895,000
5 Beds 4 Baths 202610326 MLS FS - Fee Simple Tenure 58 DOM
A waterfront home built for the Bay. Step out for stand-up paddle boarding, launch a small raft or pontoon, or sit on the lanai and take in the Views of Kaneohe Bay and the Ko'olau Mountains. Extensively renovated with new roof, new plumbing, new electrical, and a brand-new driveway. Double-wall construction and sound insulation throughout for comfort and quiet. The layout works two ways. Upstairs offers grand living, a main dining room, a wraparound Trex deck with glass railings, split AC, and quartzite counters. Downstairs has 3 bedrooms with its own private entrances and flexible living space. Live in all of it, or keep the lower level open to your needs. Step outside to a tropical retreat. Mature mango and coconut trees, plumeria and pikake, an outdoor shower to rinse off after the water, and a gazebo set near the water's edge for sunset views over the bay. Great home for Bay lifestyle or opportunities for a 1031X.

44-421 Kaneohe Bay Drive, Kaneohe

$5,195,000
8 Beds 6 Baths 202607634 MLS FS - Fee Simple Tenure 109 DOM
A rare Oceanfront property is available create the perfect Tropical Estate! This extraordinary offering spans over 41,000 sq ft of gently sloping land, capturing sweeping ocean vistas and majestic Koolau mountain views, extending from K-Bay Dr to the shoreline. The contemporary oceanfront two story residence, built in 1985, is permitted with three bedrooms has lots of charm. With a lovely living room, dining area and contemporary kitchen, to expansive grounds and a generous deck designed for unforgettable sunsets. At the water’s edge, a private studio retreat features a kitchenette, full bath, and a wraparound deck that extends over the ocean, complete with its own dock. A charming 1955 beach house offers three bedrooms, two baths, a beamed ceiling living room with fireplace, and a separate studio with full bath—ideal for restoration and your creative touch. With ample space to create an additional residence and rare legacy elements including a seawall, boat ramp, boathouse, and dock, this is a singular opportunity to realize a truly exceptional Hawaiian retreat.

44-327 Kaneohe Bay Drive, Kaneohe

$1,700,000
202527527 MLS FS - Fee Simple Tenure 246 DOM
Discover a rare opportunity to build your dream home on this Kaneohe Bay waterfront lot, where panoramic bay and Ko‘olau mountain views set the backdrop. Located in one of Windward O‘ahu’s most picturesque settings, this vacant parcel offers direct bay frontage and an inspiring canvas for a custom residence or island getaway. Enjoy calm waters ideal for paddling, fishing, and exploring the bay, with shopping, dining, H-3 access, and Kane‘ohe town just minutes away. A truly special offering to create something remarkable on the water. New-construction concept plans available upon request. Kindly refrain from driving down the shared driveway without prior approval, as it is an easement and we want to be respectful of neighboring homeowners.

44-646 Kaneohe Bay Drive, Kaneohe

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.