Exceptional Investment Opportunity in a Prime Location - Witness the unparalleled potential of this property, evidenced by a remarkable record of 48 units pre-sold in just a single day. This high-demand development, still requiring some grading work, is poised for success. It features plans for an attached Accessory Dwelling Unit (ADU), significantly boosting its versatility. Designed to captivate a broad market, the property boasts substantial interior space complete with 2 kitchens. Situated in a prime spot, the land is advantaged by a DOT-approved ingress, negating the need for a stoplight and offering increased accessibility. Furthermore, not being part of the Mililani Association, it promises greater development freedom and flexibility. With preliminary approvals for key utilities like water, electricity, and sewer systems, and with ready access to topographical maps and plans, this project is set for a swift commencement.The seller's openness to considering financing options only adds to the allure of this investment opportunity. Seize the chance to develop in this exceptionally rare and sought-after location. Act now to be a part of this lucrative venture.
Property Details
Property Features
Listing Office:
Office Name: List Sotheby's Int'l Realty
Office Phone: (808) 397-4480
Agent Phone: (808) 735-2411
Exterior Features
Exterior Information:
Waterfront: Other
View: Other
School Info
Assigned Schools Information:
Mililani High School, Public District Grades 9-12
Anuenue School, Public District Grades PK-12
Mililani Middle School, Public District Grades 6-8
Mililani Waena Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $8,000,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Mililani, HI.
This property is $7.3M more than the Median Sold Price in Mililani, HI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #202212303
Listing Office:
Office Name: List Sotheby's Int'l Realty
Office Phone: (808) 397-4480
Agent Phone: (808) 735-2411
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/1/2024, 8:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$39.9K
Per Month
Principal & Interest
$39.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$24K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Mililani Waena Elementary School
95-502 Kipapa Dr
Distance between this listing and this school0.41 miles
Public District Grades PK-5
Middle School
5
/10
Mililani Middle School
95-1140 Lehiwa Dr
Distance between this listing and this school2.31 miles
Public District Grades 6-8
High School
9
/10
Mililani High School
95-1200 Meheula Pkwy
Distance between this listing and this school0.40 miles
Public District Grades 9-12
6
/10
Anuenue School
2528 10th Ave
Distance between this listing and this school17.76 miles
Public District Grades PK-12
Assigned Schools
5
/10
Mililani Waena Elementary School
95-502 Kipapa Dr
Distance between this listing and this school0.41 miles
Public District Grades PK-5
Nearby Schools
7
/10
Kipapa Elementary School
95-076 Kipapa Dr
Distance between this listing and this school0.63 miles
Public District Grades PK-5
7
/10
Mililani Uka Elementary School
94-380 Kuahelani Ave
Distance between this listing and this school1.04 miles
Public District Grades PK-5
Assigned Schools
5
/10
Mililani Middle School
95-1140 Lehiwa Dr
Distance between this listing and this school2.31 miles
Public District Grades 6-8
Nearby Schools
10
/10
Major Sheldon Wheeler Middle School
2 Wheeler Army Airfield
Distance between this listing and this school2.80 miles
Public District Grades 6-8
4
/10
Wahiawa Middle School
275 Rose St
Distance between this listing and this school2.88 miles
Public District Grades 6-8
Assigned Schools
9
/10
Mililani High School
95-1200 Meheula Pkwy
Distance between this listing and this school0.40 miles
Public District Grades 9-12
6
/10
Anuenue School
2528 10th Ave
Distance between this listing and this school17.76 miles
Public District Grades PK-12
Nearby Schools
6
/10
Leilehua High School
1515 California Ave
Distance between this listing and this school3.40 miles
The neighbors living near this home have an average income of $86,000. The majority of Mililani, HI residents have income between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 95-0250000 Kamehameha Hwy
What is the listing price of this property?
The listing price of 95-0250000 Kamehameha Hwy property is $8,000,000.
What type of property is this?
The property 95-0250000 Kamehameha Hwy is land located in Mililani, Hawaii, 96789.
Is this property for sale now?
Active Listing: 95-0250000 Kamehameha Hwy is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 95-0250000 Kamehameha Hwy are: Mililani Waena Elementary School: GreatSchools Rating 5/10Mililani Middle School: GreatSchools Rating 5/10Mililani High School: GreatSchools Rating 9/10Anuenue School: GreatSchools Rating 6/10
Interested in 95-0250000 Kamehameha Hwy? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 95-0250000 Kamehameha Hwy in Mililani, HI and zip code 96789 in the Mililani / Waipio / Melemanu neighborhood. It has been listed on Rocket Homes since June 28, 2022 and is currently priced at $8,000,000.
Mililani, HI housing market in April 2024 saw over 17 listings sold above listed price, more than 9 sold at listed price and over 7 sold below. The inventory of homes for sale in Mililani, HI between March 2024 and April 2024 increased by 1.4%.
From Rocket Homes Real Estate and based on county public records data.
Hiking/backpacking
Hiking/backpacking
Symphony or Opera
PGA/LPGA
Nordstrom Rack
Chico's
Stein Mart
Chipotle
Boston Market
Bonefish Grill
Mazda
Volvo
Lincoln
Rock
Talk/Personality
Classical