Luxury Home Magazine Hawaii Issue 10.5

Page 19

Oahu

DIAMOND HEAD PRESTIGE 4341 Panini Loop Oahu - Honolulu, HI • $11,000,000 • 6 Bedroom, 3 Bath • 4,336 sq.ft. Interior • 46,526 sq.ft. Land First Time Available • Ossipoff-Architecture in Puu Panini • Rare Development Opportunity Nestled atop Diamond Head’s prestigious Puu Panini bluff sits 4341 Panini Loop, an unforgettable gem of notable Kama`aina history and prominence. Pacific Ocean, Kahala and Koko Head views paint a picturesque backdrop for this landmark property spanning over one acre of land (46,526 sq.ft.) and featuring R-10 zoning. Develop an expansive dream estate or create a cluster of luxury homes in one of Oahu’s most esteemed locations. Developed in the 1930’s using sandstone from an on-property quarry, 4341 Panini Loop is one of the original 27 parcels of Puu Panini Park Association, which includes a private park and paddle tennis court. This estates’ first alterations came at the hands of famed architect Vladmir Ossipoff in the 40’s with the addition of a living room, formal dining room and kitchen. In 1962, a 40-foot swimming pool and entertainment deck was added alongside two bedrooms, one bath, a dark room, basement and wet bar - work again of Ossipoff. In total, three sections combine to create a six bedroom home, interconnected by sandstone walls.

4341 Panini Loop is accessed through a private driveway hidden behind Puu Panini Park. Privacy and shade are afforded throughout the property by aged Lychee, Kiawe, Banyan, Monkey Pod, Mango and Brassia growths. Natural breezy trade winds, gentle sloping hills to maximize views, dynamic mountain and ocean views serve as a reminder of how special this property is, perched and tucked away from the still heat of Kahala’s plains. Vegetation and old growth trees surrounding the property create buffers for privacy, while large open spaces highlight potential for a master estate or multiple homes. This hidden gem sits atop a cliff to the eastern side of Diamond Head. Located 7 miles from Downtown Honolulu, 4.5 miles from Ala Moana Shopping Center, 3.5 miles from Waikiki, 1.5 miles from Waialae Country Club, 1 mile from Kahala Mall and less than a mile from world famous Diamond Head Beach, this once in a lifetime opportunity to own this extraordinarily positioned private property has never been offered on the public market before.

Sachi Braden

President • Principal Broker 808.596.8801 info@sachihawaii.com | www.sachihawaii.com

Your International Luxury Real Estate Connection in Hawaii! LuxuryHomeMagazine.com | 19


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