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 $135K to $3M with a median price of $485K, median interior of 1,310sf and median land size of 5,377sf.
The median price of houses sold in Waianae / Makaha year-to-date (Jan - Jul 26, 2017) is $449K. 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).
178 houses have sold in Waianae / Makaha year-to-date (Jan - Jul 26, 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 41 days before they were sold (Jan - Jul 26, 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 33 days June 2017 compared to 73 days June 2016.
The ratio of Waianae / Makaha houses sales price vs list price were 98.5% June 2017 compared to 98.4% June 2016.
27 Waianae / Makaha houses were sold June 2017 compared to 17 houses sold June 2016.
The total dollar volume of houses currently for sale in Waianae / Makaha is $74.7M and the sold dollar volume year-to-date (Jan - Jul 26, 2017) is $79.84M. 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 84-621 Ala Mahiku Street, sold for $610K on Jul 21, 2017. It had 1993sf of interior. 9 other recent sales include: 84-721 Upena Street (816sf) sold for $985K on 7/21/2017. 87-1657 Mokila Street (1,576sf) sold for $589K on 7/21/2017. 87-1046 Kaiamekala Street (1,231sf) sold for $510K on 7/20/2017. 89-316B Mano Avenue (880sf) sold for $115K on 7/18/2017. 87-138 Maipela Street (1,196sf) sold for $270K on 7/14/2017. 86-372 Kawili Street (2,012sf) sold for $580K on 7/14/2017. 87-1304A Farrington Highway (1,296sf) sold for $600K on 7/14/2017. 87-722 Meaulu Road (3,148sf) sold for $925K on 7/14/2017. 86-937 Moelima Street (1,924sf) sold for $469K on 7/14/2017.
40 of the houses have ocean views and 98 have mountain views.