| 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. 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# | 202605301 |
| Price | $2,188,000 |
| Original Price | $2,400,000 |
| Price Change | $-212,000 (-8.83%) |
| Studio Units | 0 |
| One Bed Units | 0 |
| Two Bed Units | 1 |
| Three Bed Units | 1 |
| 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 | Fair |
| View | None |
| Parking | Covered, Open |
| 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% |
| Utilities | Cable, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity, Water |
| Construction | Above Ground, Double Wall, Hollow Tile, Wood Frame |
| Lot Features | Clear |
| Disclosures | 1031 Exchange, Property Disclosure Stmt |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Gentle Slope |
| 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 | 202605301 | Back On Market | P | A | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 08-11-2026 | 202605301 | Pending | A | P | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 07-02-2026 | 202605301 | Price Decrease | $2,295,000 | $2,188,000 | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 05-06-2026 | 202605301 | Price Decrease | $2,400,000 | $2,295,000 | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 03-16-2026 | 202605301 | New Listing | CS | A | $2,188,000 | $0 | $2,112,400 | $1,582,500 | $529,900 |
| 03-30-2006 | 2518376 | Withdrawn | C | W | $1,195,000 | $0 | $752,500 | $462,900 | $289,600 |
| 01-17-2006 | 2518376 | Active Continue to Show | A | C | $1,195,000 | $0 | $752,500 | $462,900 | $289,600 |
| 10-26-2005 | 2518376 | New Listing | A | $1,195,000 | $0 | $752,500 | $462,900 | $289,600 |
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