Coastal Options – Southeastern Oahu – Paiko Lagoon
The southeastern coast of Oahu, bracketed by Koko Head in the east and Diamond Head the west, claims some of Hawaii’s most desirable and valuable real estate.
Development along this approximately 10 mile stretch of scenic coastline, almost exclusively residential, includes primarily single family homes, a few townhome communities, and a cluster of highrise condominiums at the edge of Waikiki. A hotel, country club, golf course, and two private beach clubs constitute the only additional development. Numerous parks provide acres of open space along the coast and within the communities.
The first permanent or primary residences began replacing vacation cottages on beachfront lots nearly a century ago. Kamaaina families with primary homes in the valleys and on the heights were attracted by the sunny weather and clear, calm waters of Maunalua Bay. Today distinctive estates set the tone for upscale living in neighborhoods from Portlock to Kahala.
Over the years, southeast Oahu oceanfront neighborhoods have continued to reinvent themselves, retaining value despite negative market fluctuations and offering renewed opportunity for local and offshore builders, buyers, and investors.
Although the series of residential enclaves makai of Kalanianaole Highway have never gained the name recognition of their high-profile neighbors at the western end of Maunalua Bay, namely, Kahala and Diamond Head, they include prime oceanfront properties, as well as many architecturally distinguished homes and older homes ripe for renovation.
The easternmost of these communities, Paiko, is uniquely situated between the highway and Maunalua Bay at the edge of Hawaii Kai with a State Wildlife Sanctuary and Lagoon as its defining features. A home as unique as the neighborhood in which it was built, the former residence of Trade Publishing founder Don Over, is currently offered through The Choi Group at Hawaii Life for $3,980,000.
Built in 1956, the A-frame structure was designed by noted Hawaii architect George J. “Pete” Wimberly, principal of the international architecture and planning firm WATG. Reminiscent of a Tahitian setting, the 9,531-square-foot property is extensively landscaped with tropical foliage. With 55 linear feet of ocean frontage, the property provides access to the virtually deserted, white sand beach that stretches hundreds of yards to the end of Paiko Peninsula.
Wimberly’s design for the 2,660-square-foot, three-bedroom, three-bath home includes many of the tropical flourishes characteristic of his numerous resort projects. Features of the property include moss rock walls, a built-in barbecue, 40-foot swimming pool, and outdoor lighting, with garage and parking access through an electric gate with a wave design. Interior design details and amenities include plantation shutters, distressed oak wood and polished concrete floors, whitewashed driftwood-stained ceilings, designer furnishings, a 120-inch pull-down movie screen with high-end projector and sound system, a fireplace, and an oversized laundry and utility room with Bosch washer and dryer. A guest bedroom and bath with a patio and separate entrance is located on the first floor.
A remodel in 2014 included a new kitchen and baths by John Cook Design, and replacement of most of the home’s plumbing and electrical. The thatched-style roofing was replaced in 2015.
Realtor Cynthia L. Nash (R) CRS, GRI, who has co-listed the property with Patricia Choi (R) CCIM, CIPS, commented that Paiko is a “peaceful, quiet, and neighborly community as well as a one-of-a-kind setting.”