| Description | This legal multi-family property spans 10,716 sq ft and features two spacious detached homes on a quiet cul-de-sac, offering a perfect setup for multi-generational living or a savvy investment. Live in one, rent the other. The front home features luxury vinyl plank and tile flooring, with split AC units in the living room and primary bedroom. The back home is accessible via a private walkway and includes a usable lanai and a window AC. Both residences enjoy their own separate fenced yards and share a large swimming pool equipped with a removable Guardian Pool Fence, creating an ideal environment for entertaining. Designed for convenience and privacy, the homes feature separately metered electricity, and the water system is ready for sub-metering. Parking is plentiful, with a two-car garage, additional off-street parking for four cars, and ample street parking available. Located in a prime Kailua neighborhood, the property is just minutes from schools, parks, the Enchanted Lake Shopping Center, and downtown Kailua, with the beach only a short distance away. |
|---|---|
| Status | Active since 03-16-2026 |
| MLS# | 202605300 |
| Price | $2,188,000 |
| Original Price | $2,400,000 |
| Price Change | $-212,000 (-8.83%) |
| Beds / Baths / Half | 6 / 3 / 1 |
| Parking Spaces | 4 |
| Living Sq Ft | 3,036 |
| Land Sq Ft | 10,716 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1439 Akuleana Place Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Enchanted Lake |
| Days on Market | 195 |
| Year Built | 1972 |
| Condition | Average |
| View | None |
| Pool | In Ground, Plaster |
| Parking | 3 Car+, Driveway, Garage, Street |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone X |
| Elementary | Kaelepulu |
| Middle | Kailua |
| High | Kailua |
| Tax Amount | $1,390 |
| Assessed Land | $1,582,500 |
| Assessed Building | $529,900 |
| Assessed Total | $2,112,400 |
| Assessed Ratio | 104% |
| Inclusions | AC Split, AC Window Unit, Auto Garage Door Opener, Cable TV, Ceiling Fan, Dishwasher, Disposal, Dryer, Lawn Sprinkler, Microwave Hood, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Solar Heater, Washer |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Patio/Deck, Wall/Fence |
| Utilities | Connected, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity, Water |
| Construction | Above Ground, Double Wall, Hollow Tile, Wood Frame |
| Lot Features | Clear |
| Flooring | Ceramic Tile, Vinyl, W/W Carpet |
| Disclosures | 1031 Exchange, Property Disclosure Stmt |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Gentle Slope, Level |
| Building Style | Multiple Dwellings |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-4-2-092-032-0000 |
| Listing courtesy of | Corcoran Pacific Properties |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-23-2026 | 202605300 | Back On Market | P | A | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 08-11-2026 | 202605300 | Pending | A | P | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 06-30-2026 | 202605300 | Price Decrease | $2,295,000 | $2,188,000 | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 05-06-2026 | 202605300 | Price Decrease | $2,400,000 | $2,295,000 | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 03-16-2026 | 202605300 | New Listing | CS | A | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 02-17-2006 | 2517547 | Sold | C | S | $1,195,000 | $1,100,000 | $752,500 | $462,900 | $289,600 |
| 01-17-2006 | 2517547 | Active Continue to Show | A | C | $1,195,000 | $1,100,000 | $752,500 | $462,900 | $289,600 |
| 10-14-2005 | 2517547 | New Listing | A | $1,195,000 | $1,100,000 | $752,500 | $462,900 | $289,600 | |
| 10-14-2005 | 2515200 | Withdrawn | C | W | $1,195,000 | $0 | $752,500 | $462,900 | $289,600 |
| 09-20-2005 | 2515200 | Active Continue to Show | A | C | $1,195,000 | $0 | $752,500 | $462,900 | $289,600 |
| 09-12-2005 | 2515200 | New Listing | A | $1,195,000 | $0 | $752,500 | $462,900 | $289,600 | |
| 01-31-2003 | 2212540 | Sold | P | S | $649,000 | $649,000 | $519,600 | $244,300 | $275,300 |
| 01-31-2003 | 2212540 | Pending | C | P | $649,000 | $649,000 | $519,600 | $244,300 | $275,300 |
| 11-15-2002 | 2212540 | New Listing | A | $649,000 | $649,000 | $519,600 | $244,300 | $275,300 |
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