Coastal Options – Southeastern Oahu – Portlock
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 Diamond Head.
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.
Extending along the western coast of Koko Head, Portlock is one of East Oahu’s oldest neighborhoods — a mix of kamaaina estates dating from the mid 1900s and new upscale homes flanking Portlock Road.
With the development of Hawaii Kai and the depletion of buildable oceanfront land in other neighborhoods bordering Maunalua Bay, demand for homes in the area increased dramatically and remains high.
Currently one of Portlock’s prime coastal properties, located near the end of Portlock Road, is available from Cold-well Banker Pacific Properties for $3.85 million.
Built in 1959 and renovated in 2009, this three-bedroom, three-bath, 3,362-square-foot kamaaina home is situated on a 15,895-square-foot flag lot with 97 feet of ocean frontage protected by a sea wall.
“This Portlock property is very special for many reasons,” said listing agent Kainoa Lee (RA). “Its natural topography is unique with its elevation above the flood zone, which should alleviate concerns about rising ocean waters caused by global warming.
“The house, with old-style double-wall construction and a shake roof, features a lovely courtyard entry and an open floor plan throughout. A large covered lanai on the ocean side with electronic sunshades is great for entertaining or just relaxing and enjoying the fantastic views of Diamond Head and nearby surf breaks.”
Zoned R-10, the fee simple property is hidden from the street by other homes. On one side is another kamaaina-style dwelling, and on the other a large private vacant lot with an expansive lawn and mature trees. The immediate neighborhood has a country feel.
The property includes a swimming pool, a sauna, a gazebo at the water’s edge, a manicured lawn, tropical foliage, and a two-car garage. Amenities include hardwood, marble, and granite flooring, split air conditioning and solar water heating systems.
“The home is the lowest-priced oceanfront property for sale in East Honolulu,” Lee added. “It will not last long.”
For more information or to arrange a showing, contact Lee at 330-8888 or firstname.lastname@example.org.