Open House Public: Sun Oct 18, 2:00PM-5:00PM
| Rebate | 20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling |
|---|---|
| Description | Discover this rare multi-generational Kailua gem at 1031 Lunaai Place, now priced at $1,989,000! As the best-priced multi-family home on the Windward Side with a private pool, this move-in ready Maunawili property is exceptionally well-located. Enjoy a seamless commute with fast access to the Pali, H3, UH, and local military bases. Lovingly maintained by its original owners, the incredibly spacious floor plan features 7 bedrooms and 4.5 bathrooms, providing flexible living spaces tailored for extended families or guests. The main level boasts 4 bedrooms, 2 bathrooms, a large living room, family room, dining area, and a generous kitchen. Connected by an interior staircase, the upstairs adds 3 bedrooms, 1.5 bathrooms, and a massive family/rec room. Both levels include dedicated, separate laundry areas for complete convenience. Outside, the property shines with a wonderful swimming pool ready for new memories, plus a permitted fourth bathroom and bonus area with a separate entrance past the carport. Do not miss this versatile, high-value opportunity in a premier Kailua neighborhood. |
| Status | Active since 08-19-2026 |
| MLS# | 202615925 |
| Price | $1,989,000 |
| Original Price | $2,199,000 |
| Price Change | $-210,000 (-9.55%) |
| Studio Units | 1 |
| One Bed Units | 0 |
| Two Bed Units | 0 |
| Three Bed Units | 2 |
| Living Sq Ft | 3,542 |
| Land Sq Ft | 7,961 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1031 Lunaai Place Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Maunawili |
| Days on Market | 60 |
| Year Built | 1964 |
| Condition | Above Average,Average |
| View | Garden, Mountain, Sunrise |
| Parking | Open |
| Zoning | 04 - R-7.5 Residential District |
| Flood Zone | Zone X |
| Elementary | Maunawili |
| Middle | Kailua |
| High | Kailua |
| Tax Amount | $875 |
| Assessed Land | $1,218,400 |
| Assessed Building | $392,100 |
| Assessed Total | $1,610,500 |
| Assessed Ratio | 124% |
| Utilities | Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Double Wall, Single Wall, Slab, Wood Frame |
| Lot Features | Other |
| Disclosures | Property Disclosure Stmt |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Asphalt Shingle |
| Easements | Other, Sewer |
| Open House | Public: Sun Oct 18, 2:00PM-5:00PM |
| Parcel # | 1-4-2-071-023-0000 |
| Listing courtesy of | Hawaii Modern Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 10-15-2026 | 202615925 | Price Decrease | $2,099,000 | $1,989,000 | $1,989,000 | $0 | $1,610,500 | $1,218,400 | $392,100 |
| 10-05-2026 | 202615925 | Price Decrease | $2,199,000 | $2,099,000 | $1,989,000 | $0 | $1,610,500 | $1,218,400 | $392,100 |
| 10-02-2026 | 202615925 | Back On Market | C | A | $1,989,000 | $0 | $1,610,500 | $1,218,400 | $392,100 |
| 09-21-2026 | 202615925 | Active Under Contract | A | C | $1,989,000 | $0 | $1,610,500 | $1,218,400 | $392,100 |
| 08-19-2026 | 202615925 | New Listing | A | $1,989,000 | $0 | $1,610,500 | $1,218,400 | $392,100 |
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