realHNL  ·  Real Broker
North Shore Oceanfront  ·  Preliminary Market Analysis

59-557 Ke Iki Road
Unit A

Haleiwa, Hawaiʻi 96712  ·  TMK 1-5-9-003-071-0000  ·  Fee Simple
Prepared
July 16, 2026
Basis
7 closed sales
Submarket
Sunset Area
Data source
HiCentral MLS
Subject Property

The record as it stands

Figures below are drawn from HiCentral MLS and City & County of Honolulu public records. Total area reconciles to living area plus lanai plus other area on the MLS sheet.

Living area
1,350 sf
Total area
1,938 sf
Land
6,260 sf
Lot size
0.144 acres
Bedrooms
3
Bathrooms
2 full · 1 half
Year built
1978
Year remodeled
2025
Flood zone
X
Frontage
Ocean · sandy beach
Lot description
Flag lot
Condition
Excellent

Lanai 288 sf and other area 300 sf are included in total area. Garage/carport 200 sf is reported separately and is not included in total area. Parking: 3 car+, carport.

Closed Sales  ·  August 2024 – April 2026

Seven oceanfront sales

All fee simple, all with ocean frontage, across the Sunset Area and Kawailoa submarkets. Sold prices range from $3,250,000 to $4,800,000. Financing terms and reported concessions are shown for each transaction, as both bear on how directly a sale price compares.

Property Closed Sold price SP / OLP DOM / CDOM Terms
59-495 Ke Waena Rd
Sunset Area · 3 bd / 2 ba · 1,198 sf living · 1,540 sf total · 5,695 sf land
Zone VE · Ocean, sandy beach · Above Average · Built 1970, remodeled 2021
MLS 202524071
04/06/26
$3,250,000
OLP $3,600,000 · LP $3,600,000
90.3% 96 / 632
Conventional, Other
No concessions reported
59-535 Ke Iki Rd
Sunset Area · 3 bd / 3 ba · 2,145 sf living · 2,631 sf total · 5,632 sf land
Zone X · Ocean, sandy beach · Above Average · Built 2000, remodeled 2024
MLS 202506461
03/04/26
$4,150,000
OLP $5,200,000 · LP $4,700,000
79.8% 209 / 209
Conventional
No concessions reported
61-419 Kamehameha Hwy
Kawailoa · 5 bd / 6 ba · 2,983 sf living · 2,983 sf total · 9,588 sf land
Zone VE · Ocean, sandy beach, waterfront · Above Average · Built 1953, remodeled 2006
MLS 202603458
02/27/26
$3,750,000
OLP $3,750,000 · LP $3,750,000
100.0% 4 / 4
Cash, Exchange
No concessions reported
Exempted listing · non-MLS buyer
61-365 Kamehameha Hwy
Kawailoa · 4 bd / 2 ba, 1 half · 1,535 sf living · 1,535 sf total · 18,474 sf land (two parcels)
Zone VE · Ocean, sandy beach, waterfront · Average · Built 1926, remodeled 2017
MLS 202512434
01/14/26
$3,350,000
OLP $4,200,000 · LP $4,000,000
79.8% 153 / 285
Cash
No concessions reported
61-167 Iliohu Pl
Kawailoa · 5 bd / 3 ba · 2,557 sf living · 3,097 sf total · 10,709 sf land
Zone VE · Ocean frontage; no sandy beach · Above Average · Built 1989, remodeled 1994
MLS 202417273
09/05/25
$3,300,000
OLP $4,995,000 · LP $3,995,000
66.1% 336 / 585
Conventional
No concessions reported
59-021 Holawa St
Sunset Area · 3 bd / 3 ba · 2,869 sf living · 4,584 sf total · 10,378 sf land
Zone VE · Ocean, sandy beach · Above Average · Built 2003
MLS 202422274
02/12/25
$4,800,000
OLP $5,900,000 · LP $5,200,000
81.4% 56 / 245
Agreement of Sale
No concessions reported
Seller-financed; not a cash-equivalent price
59-329 Ke Nui Rd #D
Sunset Area · 4 bd / 2 ba · 1,988 sf living · 2,474 sf total · 4,405 sf land
Zone VE · Ocean, sandy beach · Average · Built 1945, remodeled 2007
MLS 202410494
08/05/24
$3,550,000
OLP $3,975,000 · LP $3,975,000
89.3% 45 / 45
Cash
No concessions reported

Sold price to original list price across the seven sales ranges from 66.1% to 100.0%. Days on market ranges from 4 to 336. Where CDOM exceeds DOM, the property carried cumulative market exposure across earlier listing periods. The MLS concessions field was blank on all seven transactions; blank is recorded here as none reported rather than as a verified zero.

Closest Comparable

59-535 Ke Iki Road

Same street, same flood zone, remodeled one year earlier, closed conventionally in March 2026 with no concessions reported. It is the only Zone X sale in the closed set, which makes it the single most instructive transaction here — and the reason the range at the close of this report sits where it does.

Field
Subject
59-557 Ke Iki Rd #ACancelled listing · never sold
Comparable
59-535 Ke Iki RdClosed 03/04/26 · MLS 202506461
Sale price
$4,150,000
Living area
1,350 sf
2,145 sf
Lanai
288 sf
486 sf
Total area
1,938 sf
2,631 sf
Land
6,260 sf
5,632 sf
Bedrooms
3
3
Bathrooms
2 full, 1 half
3 full
Year built
1978
2000
Year remodeled
2025
2024
Flood zone
X
X
Frontage
Ocean, sandy beach
Ocean, sandy beach
Lot description
Flag lot · private, unpaved drive
Clear · dead end, paved
Condition
Excellent
Above Average
Terms
Conventional · no concessions reported
Days on market
0  (CDOM 346)
209  (CDOM 209)

Relative to the comparable, the subject carries 628 sf more land and 795 sf less living area, a more recent remodel year, a higher MLS condition rating, one fewer full bath, and flag-lot access. These offset in both directions, which is what the range accounts for.

Current Inventory  ·  Supporting Context

Four active listings

Asking prices are not transaction evidence and carry less weight than the closed sales above. They are shown to establish what competing inventory currently asks.

Property Status List price Original list DOM / CDOM
59-355 Ke Nui Rd
Sunset Area · 5 bd / 4 ba · 3,721 sf living · 4,521 sf total · 7,391 sf land
Zone VE · Ocean, sandy beach · Excellent · Built 2011
MLS 202604789
Active Under Contract
Accepted 03/13/26
$6,350,000
$6,350,000 11 / 621
61-651 Kamehameha Hwy
Kawailoa · 5 bd / 3 ba, 2 half · 2,827 sf living · 3,257 sf total · 9,507 sf land
Zone AE · Ocean, sandy beach · Above Average · Built 1962, remodeled 2022
MLS 202604580
Active
$4,500,000
$4,500,000 140 / 714
59-75 Hoalua St
Sunset Area · 4 bd / 2 ba · 1,498 sf living · 1,612 sf total · 6,744 sf land
Zone VE · Ocean, sandy beach · Excellent to Average · Built 1956, remodeled 2018
MLS 202605480
Active
$3,750,000
Reduced $200,000
$3,950,000 94 / 94
59-781 Kamehameha Hwy #1
Sunset Area · 3 bd / 2 ba · 1,049 sf living · 1,049 sf total · 6,000 sf land
Zone X · Ocean, waterfront; no sandy beach · Above Average · Built 1973, remodeled 2007
MLS 202612500
Active
$3,200,000
$3,200,000 18 / 18

Active asking prices range from $3,200,000 to $6,350,000. Across the seven closed sales, sale prices settled between 66.1% and 100.0% of original asking price.

Shoreline Data

Historic transect rates at Ke Iki

Retrieved from the City & County of Honolulu GIS viewer on July 16, 2026. The subject parcel is marked at center. Red transects carry negative values; blue transects carry positive values. The layer names the unit as feet.

City and County of Honolulu GIS viewer showing Historic Transects Rates 2021 layer along the Ke Iki and Pupukea shoreline, with the subject parcel at 59-557 Ke Iki Road Apartment A marked at center. Transects fronting the subject carry values from approximately negative 0.97 to negative 1.22. Values shift toward negative 0.23 and positive 0.03 and 0.10 to the northeast near Ehukai and Pupukea Beach.
Layers displayed
  • Historic Transects Rates 2021 in feet CCHNL (6/5/23)
  • Hawaiʻi Low Water Mark — LWM 2021 CCHNL (6/5/23)
  • Oahu Shoreline Change Study Areas
  • Tax Parcels
  • Street Centerlines

Transect values fronting the subject read approximately −0.97, −1.03, −1.05, −1.10, −1.11, −1.18 and −1.22. Moving northeast toward ʻEhukai and Pupukea Beach, posted values read −0.85, −0.53, −0.23 and −0.01, with positive values of 0.03 and 0.10 at the northeast end of the frame. Values are transcribed as posted by the layer. Source: City & County of Honolulu. The subject’s MLS flood zone designation is X.

Listing History

Prior market exposure

The subject was most recently listed at $4,695,000 on July 1, 2025 and taken off market the same day, producing 0 days on market for that listing period. Cumulative days on market stands at 346, reflecting exposure across earlier listing periods. The property has not sold.

Last list price
$4,695,000
Original list price
$4,695,000
Days on market
0
Cumulative DOM
346
Listed
07/01/25
Off market
07/01/25
Status
Cancelled
MLS
202515233
Preliminary Range

Indicated value range

Derived from the seven closed sales above, weighted toward Sunset Area transactions with sandy-beach frontage and arm’s-length financing. Based on MLS and public records only; the interior has not been inspected.

Lower bound
$3,600,000
Upper bound
$4,200,000

This is a range, not an appraisal or a recommended list price. Narrowing it to a single figure requires an on-site walkthrough to verify interior condition, finish level, the scope of the 2025 remodel, and site access via the flag-lot drive — none of which are established by the data above.

Jack O’Connor
REALTOR®  ·  RS-82955  ·  Real Broker
Next step
The range on this page is built from records alone. An on-site walkthrough is what narrows it — verifying interior condition, finish level, the 2025 remodel scope, and site access. To schedule one, call or email directly.

Prepared July 16, 2026 for the owner of 59-557 Ke Iki Road, Unit A, Haleiwa, Hawaiʻi 96712. Property data sourced from HiCentral MLS, Ltd.® (report generated 07/16/2026) and City & County of Honolulu public records. Shoreline map and layer names retrieved from the City & County of Honolulu GIS viewer, July 16, 2026. Information herein is deemed reliable but not guaranteed. This analysis is not an appraisal and is not a recommended list price. It reflects a preliminary range derived from available records and has not been informed by an interior inspection. Sold prices, days on market, financing terms, and concessions are reported as recorded in MLS; where the concessions field was blank, none are reported. Buyer and seller circumstances not disclosed in MLS may affect any individual transaction. ©2017–2026 HiCentral MLS, Ltd.® All rights reserved.