3242 Pelekane Dr, Honolulu, HI, 96817
About This Home
Tucked into the lush, rain-kissed slopes of Nu‘uanu Valley and nestled in the coveted Dowsett enclave, this exceptional 15,636 square foot lot offers a rare opportunity in one of Honolulu’s most historic and treasured neighborhoods. Set just above Nuuanu Stream, the property enjoys the gentle sounds of cascading water and the serenity of terraced natural landscapes below. This is more than just a lot—it’s a chance to create a timeless home that blends with Hawaii’s natural beauty, and to secure your place in one of Honolulu's most peaceful and heritage- rich communities, just minutes from downtown.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Good Condition
Materials
- Construction materials: Other
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Features
- Flooring: Other
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1220450020000
- Zoning description: 03 - R10 - Residential District
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Exterior features: Landscaping
- Has view: Yes
- View description: Garden
- Topography of land: Sloping
Lot
- Features: Cleared,Other
Parking
- Total spaces: 3
- Parking features: Three or more Spaces
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Landslide
- Lightning
- Earthquake
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Hawaii Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,548 | $78,576 |
| Home Insurance * | $169 | $2,028 |
| Property Taxes | $334 | $4,008 |
| Electricity | $374 | $4,497 |
| Total | $7,425 | $89,100 |
Income You'd Need if You Spent...
Hawaii FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-28 | Listed for sale | $1,295,000 |
| 2026-02-27 | Listing removed | $1,295,000 |
| 2025-10-15 | Price change | $1,295,000 |
| 2025-07-07 | Listed for sale | $1,350,000 |
| 2025-06-28 | Listing removed | $1,350,000 |
| 2025-06-28 | Listed for sale | $1,350,000 |
| 2025-06-07 | Contingent | $1,350,000 |
| 2025-06-07 | Listed for sale | $1,350,000 |
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