The region of Waianae, which includes Makaha, Maili, Nanakuli, for most Oahu, has been considered the areas way out at the end of the Leeward Coast, with only a vague picture to define them. They were known mostly for their large Native Hawaiian populations and what some said were the best beaches around. The growth of West Oahu has brought those two areas into sharper focus today, revealing one of the Island's best kept secrets.
Waianae is up the coast beyond Ko Olina, its foundation built around the Hawaiian Homelands. Until the last decades of the 20th century there was little buildup, but the increasing housing demand and the chance to live near, or on, some of the most untouched beaches on Oahu finally prompted development, though not on the scale of other areas.
That has resulted in a place where you can live surrounded by agricultural lands and very few buildings that reach even 4 stories in height. This is small town Hawaii all the way. It's also produced a much more affordable property market. Waianae homes for sale with multiple bedrooms routinely go for between $300K and $400K. You can take it to the limit, too, though.
There are more than a few $1M+ houses with all the frills that sit on beautiful oceanfront lands. You don't have to worry about tour boats crossing your view out here. The only place further away from the tourist crowds is the very last town up the Leeward Coast, Makaha.
Makaha is still frontier Oahu in many ways, but it is also opening its doors now to a higher end home buyer. Back in the valley you'll find gated communities, most famously on Maunaolu St, that have mansion-sized houses on 1 acre lots. They take in views of not only 2 golf courses, but even the world-famous surf.
If your budget is lower there are places like the Makaha Oceanview Estates where homes can go for $400K to $500K, with 3 to 4 BRs included.
The opportunity to reside where you can see the stars at night and hear the life around you, instead of the roar of traffic, is too good to resist for many. Sometimes being 'Out There' just makes so much sense.
The price range of houses for sale in Waianae / Makaha is $125K to $2.5M with a median price of $425K, median interior of 1,200sf and median land size of 5,237sf.
The median price of houses sold in Waianae / Makaha year-to-date (Jan 24, 2017) is $467K. In previous years it was $442K (2016), $387K (2015), $374K (2014), $336K (2013), $295K (2012), $275K (2011), $280K (2010), $280K (2009), $357K (2008), $379K (2007), $358K (2006), $345K (2005), $229K (2004), $185K (2003).
8 houses have sold in Waianae / Makaha year-to-date (Jan 24, 2017). In previous years, the total number of houses sold were 290 (2016), 267 (2015), 232 (2014), 220 (2013), 184 (2012), 191 (2011), 169 (2010), 145 (2009), 144 (2008), 206 (2007), 252 (2006), 377 (2005), 343 (2004), 247 (2003).
On average Waianae / Makaha houses were on the market for 80 days before they were sold (Jan 24, 2017). In previous years it was 93 days (2016), 103 days (2015), 101 days (2014), 106 days (2013), 76 days (2012), 61 days (2011), 82 days (2010), 82 days (2009), 88 days (2008), 86 days (2007), 67 days (2006), 44 days (2005), 65 days (2004), 92 days (2003).
The average days on market for Waianae / Makaha houses before sold were 87 days December 2016 compared to 94 days December 2015.
The ratio of Waianae / Makaha houses sales price vs list price were 98.7% December 2016 compared to 98.3% December 2015.
21 Waianae / Makaha houses were sold December 2016 compared to 28 houses sold December 2015.
The total dollar volume of houses currently for sale in Waianae / Makaha is $52.13M and the sold dollar volume year-to-date (Jan 24, 2017) is $3.89M. In previous years sold dollar volume was $129.26M (2016), $109.85M (2015), $90.54M (2014), $77.9M (2013), $58.25M (2012), $56.49M (2011), $52.94M (2010), $43.32M (2009), $58.75M (2008), $81.77M (2007), $98.81M (2006), $135.01M (2005), $91.34M (2004), $49.84M (2003).
The most recent sale in Waianae / Makaha was a house located at 85-508 Waianae Valley Road, sold for $490K on Jan 20, 2017. It had 928sf of interior. 9 other recent sales include: 86-234 Kawili Street (1,740sf) sold for $499K on 1/19/2017. 87-1720 Farrington Highway (1,531sf) sold for $649K on 1/9/2017. 87-1636 Wehiwehi Street (1,152sf) sold for $445K on 1/6/2017. 87-2095 Pakeke Street (1,387sf) sold for $435K on 1/6/2017. 85-942 Imipono Street (869sf) sold for $300K on 1/6/2017. 87-1972 Pakeke Street (1,158sf) sold for $385K on 1/5/2017. 85-707-A Piliuka Place (2,612sf) sold for $690K on 1/3/2017. (2,853sf) sold for $899K on 12/30/2016. 87-1958 Pakeke Street (1,234sf) sold for $384K on 12/30/2016.
24 of the houses have ocean views and 67 have mountain views.