Oceanfront Options – The Windward Coast – Kaalaea
The Windward Oahu region itself is unrivaled in its natural beauty and dramatic contrasts – from its pristine white-sand beaches washed by turquoise waters to the verdant vertical cliffs of the Koolau Mountain Range.
In 1972, Kuilima, now Turtle Bay, opened on coastal lands where the North Shore morphs into the Windward Coast. Mauka lands in the area have generally remained undeveloped, with the exception of ongoing projects of the Mormon Church.
The coast’s most prominent geographic feature, Mokapu Peninsula, site of one of Hawaii’s largest military installations, forms the southern boundary of Kaneohe Bay. Marine and oceanographic research facilities are located here, as well as at Makapuu to the south.
Residential properties along this coast range from country cottages to large estates, apartment buildings, town-homes, and condominiums. The area’s two largest communities, Kaneohe and Kailua, continue to grow, with real estate values surpassing price points for properties in some of southeast Oahu’s most upscale neighborhoods.
For entrepreneurial home-buyers seeking both a residence and a business opportunity on the Windward Coast, Realtor Karyl Choate is offering a Kaalaea waterfront property zoned B-1 and historically used for both purposes.
Priced at $1,099,000, the 7,825-square-foot property is located at the northern end of Kaneohe Bay near Kahaluu. It includes two remodeled houses connected by a covered entertainment area, plus covered parking for up to four vehicles.
Choate said the two-bedroom, one-bath waterfront house was originally on a plantation that later became the home of Honolulu Airport. It was moved to the present site in 1935.
“Many of those original houses were moved to other locations on the island so the airport could be built,” Choate said. “The single-wall-construction homes were sturdy, and excellent wood was used to prevent termite infestation.”
The waterfront home includes chandeliers from Italy, expansive views of Kaneohe Bay and Chinaman’s Hat, and a yard where watercraft can be stored when not in use on the ocean.
Choate, principal broker and owner of Choate Hawaii Real Estate, said the second house, accessed from Kamehameha Highway, was built in 1955. It includes four bedrooms and two full baths and once housed a store famous for its netsuke sculptures and other types of Asian art.
“Many unique pieces from the antique store can still be found on the property, as well as ballast stones from nineteenth century sailing ships and temple stones…a poi pounder is built into the wall near the entrance,” Choate said. The structure was converted to residential use in 1999. Both homes are now producing rental income, but the property could be adapted again for commercial uses.
“With two structures, a buyer could potentially live in one and operate a business out of the other, whether an art gallery, a dance studio, or sales or service business,” said Choate, who urges prospective buyers to do their own due diligence regarding the property’s possibilities.
For more information or to arrange a showing, contact Choate at 946-3410 or email@example.com.