Hawaii Oceanfront Foreclosure - 1/3 Acre for 1.25!

Beautiful Oceanfront lot on Hawaii's Big Island - Oahu. Over 100 feet of white sandy beach could be right out your back door. Includes drawings for a 5,000 square foot home. Located in quiet Waianae, approx. 20 miles from Honolulu International Airport and 10 miles from the newly announced Walt Disney Resort.

Luxury ocean front homes in this area are exceptionally rare.  The current average list price for ocean front homes in Waianae is over 950/ft, with an average age is 25 years old!

This lot is a great opportunity to build a high end spec home.  Current ultra high end construction costs are estimated to be less than $250/ft.

Check this map to see what other Oahu lots have sold for as well as some recent ocean front homes in our area.

Lender is currently owed over 1.5 including fees and interest, but is willing to accept 1,247,851.