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2475 Makiki Heights Dr, Honolulu, HI, 96822

5beds
7baths
4,537sqft
$4,980,000
$1,098price/sqft
$27,184/moest. monthly cost
$1,087,360/yrincome needed

About This Home

Perfectly situated on one of the prettiest tree-lined drives in Honolulu, known for its refined estates, this gorgeous classic treats you to panoramic Diamond Head, ocean, and mountain views. From the luxurious porte-cochere, a lovely hall opens to elegant living and dining rooms with high ceilings. The generous covered lanai and spacious pool overlook the landscaped lawn and magnificent views. You’ll be proud to entertain guests in museum-quality spaces or simply enjoy your serene, indoor-outdoor lifestyle. A desirable ground floor bedroom suite, family room, breakfast room, kitchen and plentiful storage complete the expansive main level. Upstairs are three more large bedroom suites, each with its own bath. A separate cottage provides flexible options for guests or extended living. Attributed to architect C. W. Dickey, who designed the original Halekulani Hotel and other island-style treasures, this home is on the Hawaii Register of Historic Places with property taxes of only $25/month. Lovingly maintained and upgraded with PV and more, the residence offers masterful design, privacy, and views in a stellar location.

Getting Around

19
WalkingCar-Dependent
39
TransitSome Transit
22
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Good Condition
  • Year built: 1935

Materials

  • Foundation: Slab
  • Construction materials: Double Wall,Masonry,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached,Multiplex
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Features

  • Bedroom on Main Level,Full Bath on Main Level
  • Flooring: Ceramic Tile,Hardwood,Other

Interior Area

  • Total structure area: 4,537
  • Total interior livable area: 4,537 sqft

Property

Details

  • Parcel number: 1250090150000
  • Zoning description: 03 - R10 - Residential District
  • Special condition: None

Features

  • Levels: One,Two
  • Stories: 1
  • Pool features: In Ground
  • Exterior features: Landscaping
  • Has view: Yes
  • View description: Coastline,City,Garden,Mountain(s),Ocean,Sunset,Sunrise
  • Has water view: Yes
  • Water view: Coastline,Ocean
  • Topography of land: Sloping

Lot

  • Features: Cleared,Interior Lot

Parking

  • Total spaces: 4
  • Parking features: Carport,Driveway,Three or more Spaces
  • Carport: Yes

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

  • Landslide
    LandslideRelatively High
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Landslide
Lightning
Wildfire

FEMA Declared Disasters Across Hawaii Counties

Fire

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

MonthlyAnnual
Mortgage $25,181$302,172
Home Insurance *$513$6,156
Property Taxes $29$348
Electricity $1,461$17,532
Total$27,184$326,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$932,022/yr
40% on housing$815,520/yr
45% on housing$724,906/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

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.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,098This listing

vs Other Active Listings

Avg $/sqft

ZIP 96822$636
Honolulu County$747

vs Homes Sold Last Month

Median $/sqft

ZIP 96822$870
Honolulu County$707

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

DateEventPrice
2026-04-27Price change$4,980,000
2026-03-28Listed for sale$5,500,000
1996-01-31Sold$1,175,000

For Sale by Agent

AgentLori Makiya
BrokerageColdwell Banker Realty

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