Think Oahu single-family homes under $500,000 don’t exist anymore? Think again!
Even with the median single-family home price at $1,160,000 in September 2025, there are still some hidden gems for buyers who are flexible on location or ready to roll up their sleeves. From cozy starter homes to fixer-upper opportunities, we’ve rounded up five single-family homes under $500,000 that are worth a closer look. Whether you’re buying your first home or investing in a rental property, these properties prove that owning a piece of Oahu is still possible!
Note: We purposefully did not include vacant land, attached homes or CPRs (condo property regimes), Hawaiian Home Lands or Leasehold properties on this list, but those are certainly options, too, depending on your situation.
Remember: It's always smart to speak with a knowledgeable real estate agent before submitting an offer, even if the property seems like a steal.And if you're a first-time homebuyer or new to real estate investing, you may want to attend our free Locations First-Time Homebuyer Seminar or Real Estate Investment Seminar, which are held several a year.
1. 84-908 Hana Street, Waianae
This 3-bedroom, 2-bath home in Makaha is listed at $449,900. Situated on a 5,076 sq. ft. fully fenced lot, this 1,154 sq. ft. residence offers privacy and potential in the Makaha neighborhood. With two parking spaces and room to customize, this property is priced to move quickly—an excellent opportunity to make this home your own on Oahu’s west side. MLS #202520329
2. 84-931 Hana Street, A, Waianae
Listed at $450,000, this beautifully remodeled 2-bedroom, 1-bath detached home—also in the Makaha neighborhood— features an updated kitchen with a center island, white shaker cabinets and marble countertops. The 616 sq. ft. home offers an open living area ideal for entertaining. Enjoy outdoor living on the rear deck with a fenced yard perfect for pets, plus generous parking down a private flag lot. Just minutes from Makaha and Yokohama beaches, this move-in-ready home is one of the best values in West Oahu. MLS #202519711
3. 84-683 Lahaina Street, Waianae
Listed by Locations at $485,000, this move-in ready, highly upgraded, 3-bedroom, 2-bath Makaha home offers exceptional value. Save on energy costs with 33 owned PV panels and two battery backups. The remodeled kitchen features butcher block countertops and modern cabinetry, complemented by updated bathrooms and split and window A/C throughout. Enjoy indoor-outdoor living with a screened-in lanai, fully fenced yard with lush turf, mature fruit trees and a charming gazebo. The recently reroofed home also includes a spacious three-car garage and room for additional parking. Located near beaches, hiking and local conveniences, this lovingly maintained property is a must-see. MLS #202523563
4. 86-374 Kawili Street, Waianae
This fixer-upper in the Lualualei Valley neighborhood is listed at $495,000. The 4-bedroom, 2-bath single-level home offers 1,570 sq. ft. of interior space on a 6,050 sq. ft. lot with mountain views, a spacious backyard, enclosed garage and extra parking. With no HOA fees and plenty of potential, this property is ideal for a fix-and-flip or buy-and-hold. Home needs a full renovation and is being sold AS-IS as a short sale, subject to lender approval. Do not access the property without agent consent. MLS #202511105
5. 84-1035 Lahaina Street, Waianae
Upgraded and move-in ready, this solid all-concrete, double-wall 3-bedroom, 2-bath single-level home is listed for $500,000. Located in Makaha, the home features a brand-new roof, updated kitchen with new cabinets, countertops and appliances, fresh interior and exterior paint, new vinyl flooring, copper plumbing, water heater, and all new doors and windows. The fully fenced yard with gated entry offers privacy and parking for four. With no HOA or maintenance fees and potential for zero-down financing, this is a great opportunity to own a well-built home in Waianae. MLS #202520002
Be sure to download the Locations app for house-hunting on the go and never miss a new listing!
