About Wailupe Beach
Wailupe Beach is a luxury oceanfront neighborhood of about 2 dozen beachfront homes along Kalanianaole Hwy plus about 120 homes within the Wailupe Peninsula. The Wailupe Beach neighborhood is bordered by Kai Nani to the west and Aina Haina Beach to the east.
Most Wailupe Beach homes for sale are priced between $1.2M to $5M with lot sizes between 6,000 to 30,000 sq ft. Coveted Wailupe Peninsula homes for sale are priced in the $1.3M to $8M range with typical lot sizes between 11,000 to 18,000 sq ft.
Insight to Wailupe Beach Homes & Neighborhood
Simple fishing cabins and weekend homes made up Wailupe real estate as early as the 1920’s along the fishponds of Maunalua Bay, where fishing was excellent with calm shallow ocean waters and a protective outer reef. One of the larger fishponds in Maunalua Bay was filled in 1948 and the man made Wailupe Peninsula was developed as a new residential subdivision consisting of only three streets, Wailupe Circle along the perimeter, Akilolo and Niuhi St. A deep water channel was dredged around the peninsula and a new lava rock seawall built by the Army Corp of Engineers fortified the perimeter.
Today, Wailupe Peninsula, juts out proudly into the blue ocean, and is considered one of Honolulu’s finest oceanfront communities with homes located on generous lots along wide and quiet streets. Just over 30 of the Wailupe Peninsula homes are right on the ocean, and about 20 of these properties have boat docks. These are the creme de la creme choice properties for ocean lovers, offering a rare unique combination of fabulous views with the privacy of a protective seawall and a deepwater channel to moor your boat behind your backyard.
The homes in Wailupe Beach front a narrow and quiet beach enjoying excellent privacy due to limited public access, either from Wailupe Beach Park - takes jumping over a few rocks, or from Waialae Beach Park - about a mile away.
Life in Wailupe resembles a never ending vacation, where residents enjoy year round paddling surfing, kayaking and fishing. Rarely do homes in this highly sought after neighborhood become available.
The historic median sales price of houses sold in Wailupe Beach was $1.98M (2015), $2.2M (2014), $1.75M (2013), $1.9M (2012), $1.35M (2011), $1.53M (2010), $3.66M (2009), $1.92M (2007), $2.5M (2006), $2.12M (2005), $2.03M (2004), $1.37M (2003).
0 houses have sold in Wailupe Beach year-to-date (Jan 21, 2017). In previous years, the total number of houses sold were 10 (2015), 5 (2014), 3 (2013), 5 (2012), 1 (2011), 3 (2010), 2 (2009), 4 (2007), 1 (2006), 4 (2005), 4 (2004), 5 (2003).
Historically, the average number of days it took to sell houses in Wailupe Beach was 150 days (2015), 116 days (2014), 80 days (2013), 40 days (2012), 3 days (2011), 54 days (2010), 69 days (2009), 61 days (2007), 465 days (2006), 33 days (2005), 50 days (2004), 88 days (2003).
The dollar volume of houses sold in Wailupe Beach was $27.93M (2015), $15.3M (2014), $4.84M (2013), $15.14M (2012), $1.35M (2011), $6.61M (2010), $7.32M (2009), $8.25M (2007), $2.5M (2006), $8.3M (2005), $8.66M (2004), $7.46M (2003)
The most recent sale in Wailupe Beach was a house located at 4945 Kalanianaole Highway, sold for $3.2M on Dec 16, 2015. It had 3868sf of interior. 9 other recent sales include: 5005 Kalanianaole Highway (4,272sf) sold for $2.5M on 11/23/2015. 4935 Kalanianaole Highway (2,176sf) sold for $3.2M on 10/26/2015. 390 Wailupe Circle (3,106sf) sold for $1.72M on 9/16/2015. 450 Wailupe Circle (3,352sf) sold for $1.82M on 7/22/2015. 4901 Kalanianaole Highway (4,788sf) sold for $2.15M on 7/1/2015. 70 Wailupe Circle (2,504sf) sold for $1.6M on 5/18/2015. 61 Akilolo Street (2,850sf) sold for $1.81M on 3/16/2015. 80 Wailupe Circle (2,409sf) sold for $1.41M on 3/6/2015. 146 Wailupe Circle (6,949sf) sold for $8.5M on 1/22/2015.