218 Kaalawai Pl, Honolulu, HI, 96816
About This Home
This magnificent Diamond Head “Cove Area” beachfront masterpiece harmoniously fuses traditional Hawaiian architectural elements with an open modern lifestyle floorplan. Located on a quiet lane off Diamond Head Road, this home is truly a treasure to behold. The grand reception areas lead out to extensive wraparound lanai areas, a covered grill space, and a beachside seating area—perfect for enjoying sunsets and drinks while taking in the endless views of the Pacific Ocean. The upper level boasts a large primary ocean view bedroom, two additional en-suite bedrooms, elevator, gas generator and an unmatched office with ocean views that you’ll never want to leave. Refreshing pool, lush private landscaping, and unmatched location, style, comfort, and distinction define this Diamond Head gem.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Excellent,Updated/Remodeled
- Year built: 1998
Materials
- Foundation: Slab
- Construction materials: Double Wall,Other,Steel Frame,Stone,Wood Frame
Notable Dates
- Major remodel year: 2008
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- 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,Handicap Access
- Flooring: Hardwood,Other
Interior Area
- Total structure area: 6,288
- Total interior livable area: 5,578 sqft
Property
Details
- Parcel number: 1310390070000
- Zoning description: 04 - R-7.5 Residential District
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: Heated,In Ground,Pool/Spa Combo,Tile
- Exterior features: Landscaping
- Fencing: Fenced,Wall
- Has view: Yes
- View description: Garden,Mountain(s),Ocean,Sunset,Sunrise
- Has water view: Yes
- Water view: Ocean
- On waterfront: Yes
- Frontage type: Oceanfront,Waterfront
- Topography of land: Level
Lot
- Features: Cul-De-Sac,Other,Level
Parking
- Total spaces: 3
- Parking features: Driveway,Garage,Three or more Spaces,On Street
- Has garage: 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
- Earthquake
- Inland Flooding
- Landslide
- Lightning
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 | $88,489 | $1,061,868 |
| Home Insurance * | $3,076 | $36,912 |
| Property Taxes | $5,116 | $61,392 |
| Electricity | $1,796 | $21,554 |
| Total | $98,477 | $1,181,724 |
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 |
|---|---|---|
| 2026-08-12 | Contingent | $17,500,000 |
| 2026-05-09 | Listed for sale | $17,500,000 |
| 2026-05-07 | Listing removed | $17,500,000 |
| 2025-07-03 | Price change | $17,500,000 |
| 2025-05-07 | Listed for sale | $19,800,000 |
| 2025-05-03 | Listing removed | $19,800,000 |
| 2024-05-03 | Listed for sale | $19,800,000 |
| 2004-12-10 | Sold | $7,500,000 |
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