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44-375 Kaneohe Bay Dr, Kaneohe, HI, 96744

3beds
2baths
1,309sqft
$5,950,000
$4,545price/sqft
$36,108/moest. monthly cost
$1,444,320/yrincome needed

About This Home

A rare opportunity to create a legacy waterfront estate on one of Kaneohe Bay’s most exceptional parcels. Stretching just shy of a full acre from Kaneohe Bay Drive to the ocean, this property offers a gentle, park-like slope framed by breathtaking views of the Ko’olau Mountains and iconic Coconut Island, with no view of the Marine Corps Base to interrupt the natural beauty. A winding driveway leads through a canopy of mature trees, creating a private and enchanting arrival experience. The expansive grounds provide a canvas for a world-class custom residence, resort-style pool, guest accommodations, and outdoor entertaining spaces designed to capture Hawaii’s indoor-outdoor lifestyle. An existing home provides rental income or a place to reside while planning and permitting your dream estate. Just moments away, the Kaneohe Bay Yacht Club offers a vibrant waterfront lifestyle with sailing, tennis, pickleball, live music, family events, and the renowned Thursday evening regattas that can be enjoyed from the property itself. Equally appealing, the world-famous Kailua Beach is only a short drive away. Properties of this size, setting, and potential rarely become available.

Getting Around

10
WalkingCar-Dependent
27
TransitSome Transit
16
BikeSomewhat Bikeable

Schools

7/10
Aikahi Elementary SchoolGrades PK-60.9 mi
7/10
10/10
Kalaheo High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1954

Materials

  • Foundation: Slab
  • Construction materials: Double Wall,Wood Frame

Notable Dates

  • Major remodel year: 1974

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

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

Interior Area

  • Total structure area: 1,533
  • Total interior livable area: 1,309 sqft

Property

Details

  • Parcel number: 1440210190000
  • Zoning description: 03 - R10 - Residential District
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Fenced,Wall
  • Has view: Yes
  • View description: Mountain(s),Ocean
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes
  • Frontage type: Oceanfront
  • Topography of land: Sloping

Lot

  • Features: Cleared,Interior Lot

Parking

  • Total spaces: 2
  • Parking features: Boat,Carport,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

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Landslide
    LandslideModerate
  • Tsunami
    TsunamiModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Earthquake
Landslide
Tsunami
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 $30,086$361,032
Home Insurance *$971$11,652
Property Taxes $4,630$55,560
Electricity $421$5,058
Total$36,108$433,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,237,988/yr
40% on housing$1,083,240/yr
45% on housing$962,880/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

$4,545This listing

vs Other Active Listings

Avg $/sqft

ZIP 96744$727
Honolulu County$744

vs Homes Sold Last Month

Median $/sqft

ZIP 96744$766
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
2026-06-17Listed for sale$5,950,000
2019-01-04Listing removed$5,200
2018-11-15Listed for rent$5,200
2018-06-21Listing removed$5,200
2018-06-08Listed for rent$5,200
2016-11-01Listing removed$3,750,000
2016-08-10Listed for sale$3,750,000
2014-12-10Listing removed$4,000
2014-12-04Listed for rent$4,000
2014-04-30Listing removed$4,000
2014-04-25Listed for rent$4,000
2012-08-11Listing removed$3,800
2012-08-06Listed for rent$3,800
2011-05-30Listing removed$4,000
2011-04-30Price change$4,000
2011-02-04Listed for rent$4,200
2009-10-07Sold$1,999,999

For Sale by Agent

AgentJoel L Cavasso
BrokerageeXp Realty

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