Honolulu Oceanfront Estate Land | Portlock Luxury Homesite

A 35,155-square-foot oceanfront property in Honolulu’s Portlock neighborhood has come onto the market, presenting a rare opportunity for custom estate development, according to listings reported by Aloha State Daily.

The south-facing lot is situated in one of Honolulu’s most desirable residential areas. While the listing does not specify an asking price in the initial reports, recent luxury home sales in the area suggest a significant investment. Two beachfront homes on Oahu recently sold for over $10 million, reflecting a shrinking inventory of high-end properties, according to The Business Journals.

The property was previously owned by Rob Burns, and was listed for $8.5 million in early 2024, as reported by KHON2. The current listing represents a potential repositioning of the property, or a new owner seeking to develop the land. The expansive size of the lot allows for significant customization, appealing to buyers seeking a bespoke oceanfront residence.

Hawaii’s luxury real estate market has seen considerable activity, with demand outpacing supply. Forbes recently reported on a separate Oahu beachfront estate listed for $30.5 million, indicating a continued appetite for high-end properties in the state. The Portlock property’s location and size position it competitively within this market.

The listing does not currently detail any planned development proposals or timelines. Further details regarding permits, zoning regulations, and potential construction plans are not yet available.