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2999 Makalei Pl, Honolulu, HI, 96815

4beds
6baths
5,897sqft
$5,990,000
$1,016price/sqft
$37,824/moest. monthly cost
$1,512,960/yrincome needed

About This Home

NEW LISTING!! Experience refined island luxury living in this executive-style 4-bedroom, 5.5-bath residence ideally positioned on the slopes of iconic Diamond Head. Encompassing nearly 5,900 sq ft of interior space on an 11,752 sq ft lot, this impressive home captures beautiful ocean and sunset views while offering exceptional indoor-outdoor living. Expansive lanai areas, complemented by a heated pool and spa, create a private retreat designed for effortless entertaining. Soaring ceilings enhance the home’s grand scale and invite abundant natural light throughout. The chef’s kitchen anchors the main living spaces, while separate guest quarters with a private entrance provide flexibility and privacy. Remodeled by Jeff Long in 1995, this distinguished property blends timeless design with a premier location just moments from Kapiolani Park, the Gold Coast, world-famous beaches, and renowned shopping and dining of Waikiki. A rare offering in one of Honolulu’s most prestigious neighborhoods.

Getting Around

29
WalkingCar-Dependent
42
TransitSome Transit
32
BikeSomewhat Bikeable

Schools

9/10
Waikiki Elementary SchoolGrades PK-50.7 mi
3/10
Kaimuki High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Good Condition
  • Year built: 1931

Materials

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

Notable Dates

  • Major remodel year: 1995

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Flooring: Ceramic Tile,Hardwood,Marble,Other,Vinyl

Interior Area

  • Total structure area: 6,690
  • Total interior livable area: 5,897 sqft

Property

Details

  • Parcel number: 1310350260000
  • Zoning description: 03 - R10 - Residential District
  • Special condition: None

Features

  • Levels: Two,Multi/Split
  • Stories: 2
  • Pool features: In Ground,Pool,Pool/Spa Combo,Tile
  • Exterior features: Landscaping
  • Fencing: Fenced,Wall
  • Has view: Yes
  • View description: Mountain(s),Ocean,Sunset
  • Has water view: Yes
  • Water view: Ocean
  • Topography of land: Level,Terraced

Lot

  • Features: Cleared,Cul-De-Sac,Interior Lot,Level

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage,Two Car Garage,Two Spaces
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Lightning
Earthquake
Inland Flooding
Tsunami

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 $30,288$363,456
Home Insurance *$266$3,192
Property Taxes $5,372$64,464
Electricity $1,898$22,787
Total$37,824$453,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,296,822/yr
40% on housing$1,134,720/yr
45% on housing$1,008,640/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

$1,016This listing

vs Other Active Listings

Avg $/sqft

ZIP 96815$694
Honolulu County$747

vs Homes Sold Last Month

Median $/sqft

ZIP 96815$1,414
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
2026-04-03Listed for sale$5,990,000
2025-11-26Listing removed$6,400,000
2025-09-05Price change$6,400,000
2025-08-26Listed for sale$6,800,000
2025-08-25Listing removed$6,800,000
2025-02-22Price change$6,800,000
2024-03-05Price change$7,350,000
2024-02-23Listed for sale$7,500,000
2024-02-11Listing removed$7,500,000
2024-01-23Listed for sale$7,500,000
2024-01-04Listing removed$7,500,000
2023-10-24Listing removed--
2023-09-06Listed for sale$7,500,000
2023-08-21Listing removed$7,500,000
2023-08-14Listed for rent$12,000
2023-07-22Price change$7,500,000
2023-06-15Listing removed--
2023-05-09Listed for rent$15,000
2023-03-26Price change$7,800,000
2023-02-24Listing removed--
2023-02-16Listed for sale$9,895,000
2023-02-11Price change$11,000
2023-01-21Listed for rent$15,000
2023-01-08Listing removed--
2023-01-05Listed for rent$9,200
2021-08-16Sold$5,500,000
1998-05-15Sold$2,200,000
1997-05-09Sold$1,250,000

For Sale by Agent

AgentMyron N Kiriu
BrokerageREMAX Hawaii

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