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    41-569 Makakalo St Waimanalo, HI 96795

    For Sale
    $5,950,000

    MULTI_FAMILY - Waimanalo, HI

    Property size:
    3,456 SF
    Lot size:
    8.90 Acres
    Days on Market:
    64
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 41-569 Makakalo St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    AG-2
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 7, Bathroom 5, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5
    Bedrooms
    7
    Bathrooms
    5
    APN
    1410240510000
    Parking features
    Covered
    Fencing
    Chain Link
    Size
    3,456 SF
    Lot size
    8.90 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    2

    Luxury Big Island By Harold Clarke (808) 443-1320 [email protected]

    Listing agent Dannette L Lee (808) 497-8537

    Listing date Oct 3, 2025

    MLS# 724643 Listing URL

    Copyright © 2025 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waimanalo Equestrian Center For Sale

    The Waimanalo Equestrian Center, situated on 8.9 acres of level, fertile land, was originally part of a larger 30+ acre horse facility established in the 1980s. The rectangular lot features sweeping panoramic views of the Ko'olau mountains and includes 3 separate entry/exit points. Recently rebuilt and restored, the property operates under a Conditional Use Permit, allowing for multiple business ventures. It features horse pasture paddocks, a poll barn, arena, round pen, and event structure. The site includes a new IEF jumping arena complete with new fencing, drainage, footing, and an event structure. There are two large residences on the property. The main residence, or farm dwelling, features 4 bedrooms, 3 bathrooms, and a 3-car garage. The second residence includes 3 bedrooms, 3 bathrooms, and a 2-car garage. The residence barn serves as caregiver quarters. The property size is 3456 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Map

    City
    Waimanalo
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.7197218
    Latitude
    21.33760722

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    FAQs

    What type of property is this?
    Horse & equestrian property - 8.9 acre equestrian center with residences and business opportunities.
    Where is this horse & equestrian property located?
    The property is located at 41-569 Makakalo St Waimanalo, HI.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: - 8.9-acre equestrian center with Conditional Use Permit allowing multiple business ventures.; - Newly rebuilt IEF jumping arena with new fencing, drainage, footing, and event structure.; - Two residences: a 4-bed/3-bath/3-car garage main residence and a 3-bed/3-bath/2-car garage second residence.
    (808) 497-8537
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    41-569 Makakalo St Waimanalo, HI 96795
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41-569 Makakalo St Waimanalo, HI 96795
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