85-918 Lihue St #B
Market Position
How this property fits within the current Waianae single-family market, based on recent closed sales and active inventory within a comparable price range.
This property was previously listed at $695,000 for 87 days before the listing was cancelled on 08/16/2026. During that period, no contract was accepted. A separate property on the same street — 85-760 Lihue St — is currently active at $694,999 (26 DOM, recently reduced from $699,999).
Recent Closed Sales
Arm's-length transactions in the Waianae / Leeward Coast area, closed within the past 90 days. Distressed and non-arm's-length sales are noted separately.
| Address | Config | SP | $/SF | LP | SP/LP | DOM | Notes |
|---|---|---|---|---|---|---|---|
| 85-430 Pulapula Pl Waianae · Sold 08/05/26 | 6/3 · 1,602 SF Built 1973 · 5,001 SF lot |
$710,000 | $443 | $699,000 | 101.6% | 17 | Sold Above Average cond. Two-story. No view. Conventional financing. |
| 87-133 Pelanaki St Maʻili · Sold 07/28/26 | 4/2 · 1,500 SF Built 1998 · Remod 2026 · 5,000 SF lot |
$690,000 Net $665K |
$460 Net $443 |
$670,000 | 103.0% | 52 | Sold Excellent cond. 2026 remodel. $25K concessions. VA financing. |
| 86-168 Kawili St Lualualei · Sold 06/10/26 | 4/2.5 · 1,740 SF Built 1973 · Remod 2026 · 5,185 SF lot |
$750,000 | $431 | $789,000 | 95.1% | 18 | Sold Excellent cond. Mountain + Ocean views. 2026 remodel. |
| 85-835 Piliuka Pl Waianae · Sold 05/29/26 | 4/2 · 1,200 SF Built 2004 · 5,900 SF lot |
$665,000 | $554 | $699,000 | 95.1% | 98 | Sold Average cond. Mountain view. VA financing. Country zoning. |
| 87-143 Makona St Maʻili · Sold 07/20/26 | 5/3 · 2,147 SF Built 2006 · 5,000 SF lot |
$660,000 | $307 | $684,900 | 96.4% | 41 | Lender Sale Bank-owned. Average cond. Mtn + Ocean views. Distressed pricing. |
| 86-240 Leihua St Lualualei · Sold 07/13/26 | 7/4 · 2,659 SF Built 1994 · 4,380 SF lot |
$795,000 | $299 | $795,000 | 100.0% | 1 | MLS Entry Only Same agent both sides. 1 DOM. Non-arm's-length transaction. |
Dimmed rows represent transactions excluded from core analysis due to distressed or non-arm's-length circumstances. All data from HiCentral MLS, generated 08/28/2026.
Active Competition
Properties currently listed or under contract in the Waianae area within the comparable price range. These represent what buyers are seeing alongside this property.
| Address | Config | List Price | $/SF | DOM | Status & Notes |
|---|---|---|---|---|---|
| 85-760 Lihue St Waianae · Same street as subject | 3/2 · 1,440 SF Built 1992 · Remod 2026 · CPR |
$694,999 | $483 | 26 | Active CPR. Just reduced from $699,999. Solar financing to be assumed ($300/mo). |
| 85-708 Piliuka Pl Waianae | 5/3 · 1,949 SF Built 1972 · 6,555 SF lot |
$699,000 | $359 | 0 | Coming Soon Tax records show 4/2, 1,056 SF — discrepancy with MLS. Sold As-Is. |
| 85-743 Kanapua Pl Waianae | 3/1 · 1,144 SF Built 1960 · Remod 2025 · 7,374 SF lot |
$693,000 | $606 | 159 | Active Excellent cond. CDOM 548 (multiple listing periods). Rentable extension. |
| 85-1065 Pilokea St Waianae | 5/2 · 1,510 SF Built 1940 · 7,551 SF lot |
$645,000 | $427 | 98 | Active Needs major repair. Single wall. Investor special. Reduced from $685K. |
| 85-718 Farrington Hwy Waianae | 4/2 · 1,308 SF Built 1948 · 8,130 SF lot |
$650,000 | $497 | 109 | Active Fair cond. Sold w/ adjoining parcel. Development play. |
| 86-304 Haama Pl Lualualei | 6/3 · 2,352 SF Built 1957 · 1.0 acre lot |
$699,000 | $297 | 93 | Under Contract Cash only. Single wall. 1-acre lot. Reduced from $750K. |
Pricing Strategy
Three pricing approaches based on the comparable sales data, current active inventory, and the property's previous listing history. Each tier reflects a different balance between speed and sale price.
Key Factors in This Analysis
5-bedroom layout with separate downstairs entrance supports multi-generational living or rental income potential. 2025 remodel. Larger-than-average lot (6,938 SF vs. comp average ~5,200 SF). Double wall construction. Two water heaters and electric sub-meters.
No views (comparable sales with mountain or ocean views closed $50K–$85K higher). Septic system (most comparables are on sewer). Only 2 bathrooms for 5 bedrooms — below the ratio in most recent closed sales. Condition rated "Above Average / Average" — below the "Excellent" designation on the two fastest-selling closed comps. Original construction year 1954 is the oldest in the comp set.
Six properties are currently listed or under contract in Waianae under $700K, including one on the same street. Average DOM for active listings in this bracket is 81 days. Properties that closed with DOM under 30 days were priced at $699K or below and had either excellent condition, strong bedroom/bathroom counts, or both.
