The only vacant, buildable oceanfront lot currently on the market in the Portlock neighborhood has been listed by LIST Sotheby’s International Realty Realtor and Vice President Mary Worrall. The 13,902-square-foot fee simple property overlooks Maunalua Bay, the coastline to Diamond Head in the West, and towering Koko Crater to the East.
The ocean is accessible directly from the lot which extends to a sandy beach providing access to water deep enough to launch kayaks and surfboards. Utilities, including underground wiring and water and sewer connection, are installed on the lot, which is level and was previously occupied by an older single family home.
Located at 303 Portlock Road, the property is being shown by appointment and offered at $3,475,000 by Worrall, a specialist in luxury real estate in Portlock and other upscale Honolulu neighborhoods. Over the years, she has represented local and international buyers and sellers in numerous high-end Portlock transactions, and recently closed the sale of a Portlock single family home at 435 Portlock Road for $3,500,000.
“Portlock is clearly one of Oahu’s most desirable neighborhoods, and has been for many years,” said Worrall, member of a kamaaina family who grew up in Kahala. “There is a good reason why Henry Kaiser chose the coast of Koko Head for his own private estate which was located on a large oceanfront Portlock parcel.
“Many kamaaina built their first large family homes in Portlock, and second, third, and even fourth generations continue to live in these homes, remodeling and upgrading them. The desirability of the neighborhood has been further enhanced by the growth of the major urban center with every convenience just across the highway.
“An oceanfront Portlock location ensures privacy since the beachfront is used almost exclusively by residents. The ocean and coastal views are spectacular…a clear, unobstructed panorama of ocean to the horizon with Diamond Head directly across Maunalua Bay. The sunset view is incomparable, usually a brilliant spectacle typical of our Hawaiian sunsets with Diamond Head silhouetted against the sky. This property is ideal for a buyer waiting for just the right location to build the ultimate ‘dream home.'”
Worrall noted that the Portlock Road Community Association has been active on behalf of residents for more than 60 years, and continues to address such concerns as safety, noise, and beach and ocean issues. The organization also works with government agencies to maintain infrastructure and to enhance property values.