| Description | Amazing opportunity to own in Kailua! This flexible floor plan offers endless possibilities with a well-maintained 4-bedroom, 2-bath main home (currently configured as a 3/1 plus a spacious studio). An additional remodeled studio (5th bedroom), separated by the saltwater pool, enjoys treetop and mountain views of Enchanted Lake, along with cool breezes and privacy. Ideal for multigenerational living, a home office, or rental income potential. The property is fully fenced and landscaped with a sprinkler system—perfect for your fur babies! Conveniently located near world-famous Kailua beaches, parks, shops, and restaurants, with easy access to the H-3 and Pali Highway—without having to fight traffic in Kailua town. Put this home on your must-see list! Number of bedrooms differs from tax records. One or more photos have been enhanced. |
|---|---|
| Status | Active since 09-03-2025 |
| MLS# | 202519336 |
| Price | $1,430,000 |
| Original Price | $1,500,000 |
| Price Change | $-70,000 (-4.67%) |
| Beds / Baths / Half | 5 / 3 / 0 |
| Parking Spaces | 2 |
| Living Sq Ft | 1,644 |
| Land Sq Ft | 6,712 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1233 Keolu Drive Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Keolu Hills |
| Days on Market | 389 |
| Year Built | 1960 |
| Year Remodeled | 1975 |
| Condition | Average |
| View | Mountain |
| Frontage | Other |
| Pool | In Ground |
| Parking | 2 Car, Carport, Street |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone X |
| Tax Amount | $581 |
| Assessed Land | $1,012,200 |
| Assessed Building | $248,100 |
| Assessed Total | $1,260,300 |
| Assessed Ratio | 113% |
| Inclusions | Ceiling Fan, Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Wall/Fence |
| Utilities | Connected |
| Construction | Above Ground, Single Wall, Wood Frame |
| Lot Features | Clear |
| Flooring | Ceramic Tile, Vinyl |
| Disclosures | 1031 Exchange, Pets Allowed (Verify), Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | 45 Days or Less, 45 Days or More, At Closing, Negotiable |
| Sale Conditions | None |
| Topography | Gentle Slope, Level, Up Slope |
| Building Style | Detach Single Family, Multiple Dwellings, Studio Cottage |
| Roofing | Asphalt Shingle |
| Easements | None |
| Security | Key |
| Parcel # | 1-4-2-027-050-0000 |
| Listing courtesy of | Redfin Corporation |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-26-2026 | 202519336 | Price Decrease | $1,440,000 | $1,430,000 | $1,430,000 | $0 | $1,260,300 | $1,012,200 | $248,100 |
| 08-03-2026 | 202519336 | Price Decrease | $1,450,000 | $1,440,000 | $1,430,000 | $0 | $1,260,300 | $1,012,200 | $248,100 |
| 06-12-2026 | 202519336 | Back On Market | C | A | $1,430,000 | $0 | $1,260,300 | $1,012,200 | $248,100 |
| 05-26-2026 | 202519336 | Active Under Contract | A | C | $1,430,000 | $0 | $1,260,300 | $1,012,200 | $248,100 |
| 05-08-2026 | 202519336 | Price Decrease | $1,490,000 | $1,450,000 | $1,430,000 | $0 | $1,260,300 | $1,012,200 | $248,100 |
| 05-08-2026 | 202519336 | Back On Market | C | A | $1,430,000 | $0 | $1,260,300 | $1,012,200 | $248,100 |
| 04-27-2026 | 202519336 | Active Under Contract | A | C | $1,430,000 | $0 | $1,260,300 | $1,012,200 | $248,100 |
| 01-14-2026 | 202519336 | Price Decrease | $1,500,000 | $1,490,000 | $1,430,000 | $0 | $1,260,300 | $1,012,200 | $248,100 |
| 09-03-2025 | 202519336 | New Listing | A | $1,430,000 | $0 | $1,260,300 | $1,012,200 | $248,100 | |
| 06-04-2022 | 202202689 | Sold | P | S | $1,325,000 | $1,300,000 | $1,158,700 | $903,800 | $254,900 |
| 05-31-2022 | 202202689 | In Escrow Not Showing | A | P | $1,325,000 | $1,300,000 | $1,158,700 | $903,800 | $254,900 |
| 05-31-2022 | 202202689 | Back On Market | T | A | $1,325,000 | $1,300,000 | $1,158,700 | $903,800 | $254,900 |
| 04-04-2022 | 202202689 | Temporarily Withdrawn | A | T | $1,325,000 | $1,300,000 | $1,158,700 | $903,800 | $254,900 |
| 02-16-2022 | 202202689 | New Listing | A | $1,325,000 | $1,300,000 | $1,158,700 | $903,800 | $254,900 | |
| 10-29-2010 | 2915455 | Sold | C | S | $588,000 | $550,000 | $573,900 | $427,500 | $146,400 |
| 09-09-2010 | 2915455 | Active Continue to Show | A | C | $588,000 | $550,000 | $573,900 | $427,500 | $146,400 |
| 04-09-2010 | 2915455 | Price Decrease | $609,000 | $588,000 | $588,000 | $550,000 | $573,900 | $427,500 | $146,400 |
| 01-15-2010 | 2915455 | Price Decrease | $669,000 | $609,000 | $588,000 | $550,000 | $573,900 | $427,500 | $146,400 |
| 12-03-2009 | 2915455 | New Listing | A | $588,000 | $550,000 | $573,900 | $427,500 | $146,400 | |
| 05-31-2009 | 2902679 | Withdrawn | A | W | $759,000 | $0 | $699,200 | $560,900 | $138,300 |
| 02-23-2009 | 2902679 | New Listing | A | $759,000 | $0 | $699,200 | $560,900 | $138,300 | |
| 02-20-2009 | 2803092 | Expired | A | X | $759,000 | $0 | $683,500 | $553,900 | $129,600 |
| 02-04-2008 | 2706479 | Withdrawn | A | W | $759,000 | $0 | $562,700 | $448,100 | $114,600 |
| 02-04-2008 | 2706479 | Price Decrease | $800,000 | $759,000 | $759,000 | $0 | $562,700 | $448,100 | $114,600 |
| 04-02-2007 | 2706479 | New Listing | A | $759,000 | $0 | $562,700 | $448,100 | $114,600 |
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