| Description | Priced to sell in desirable Kailua! Located on a quiet cul-de-sac at 1540 Akake Place, this 4-bedroom, 2-bath single-level home offers a rare opportunity to create value in one of Kailua’s most sought-after residential neighborhoods. Enjoy distant ocean views from one side of the home and breathtaking Koolau mountain views from the other — a truly special setting. Sitting on a generous 8,470 sq ft lot, this property offers excellent potential for expansion, including the possibility to add an ADU and/or extend the existing home. With 1,598 sq ft of interior living space plus a 480 sq ft carport, the flexible floor plan provides a solid foundation for renovation or reconfiguration. The home is being sold AS IS and features repairs — making it ideal for buyers looking to customize, renovate, or invest. Recent neighborhood sales and current competition support strong upside potential, with post-renovation values. With current active listings in the area, this property represents an outstanding opportunity to buy below market, add value, and build equity in a premier Kailua location. Don’t miss this chance to own in a quiet cul-de-sac with views, lot size, and future potential! |
|---|---|
| Status | Sold since 01-26-2026 |
| MLS# | 202601442 |
| Price | $1,275,000 |
| Original Price | $1,275,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 4 / 2 / 0 |
| Parking Spaces | 4 |
| Living Sq Ft | 1,598 |
| Land Sq Ft | 8,470 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1540 Akake Place Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Kaopa |
| Days on Market | 11 |
| Year Built | 1973 |
| Condition | Average |
| View | Mountain, Ocean |
| Pool | None |
| Parking | Carport, Driveway |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone X |
| Elementary | Keolu |
| Middle | Kailua |
| High | Kailua |
| Tax Amount | $321 |
| Assessed Land | $1,122,900 |
| Assessed Building | $140,000 |
| Assessed Total | $1,218,000 |
| Assessed Ratio | 105% |
| Inclusions | Range/Oven, Refrigerator |
| Amenities | Wall/Fence |
| Utilities | Public Water, Sewer Fee, Underground Electricity |
| Construction | Single Wall, Wood Frame |
| Lot Features | Clear |
| Flooring | Ceramic Tile |
| Disclosures | Call Listor, Property Disclosure Stmt |
| Land Recorded | Dual Systems |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family |
| Roofing | Tile |
| Easements | None |
| Parcel # | 1-4-2-085-040-0000 |
| Listing courtesy of | Marlene's Realty, Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-26-2026 | 202612005 | Pending | A | P | $1,500,000 | $0 | $1,218,000 | $1,122,900 | $140,000 |
| 09-19-2026 | 202612005 | Price Decrease | $1,540,000 | $1,500,000 | $1,500,000 | $0 | $1,218,000 | $1,122,900 | $140,000 |
| 09-07-2026 | 202612005 | Price Decrease | $1,590,000 | $1,540,000 | $1,500,000 | $0 | $1,218,000 | $1,122,900 | $140,000 |
| 08-27-2026 | 202612005 | Price Decrease | $1,599,000 | $1,590,000 | $1,500,000 | $0 | $1,218,000 | $1,122,900 | $140,000 |
| 08-22-2026 | 202612005 | Back On Market | C | A | $1,500,000 | $0 | $1,218,000 | $1,122,900 | $140,000 |
| 08-17-2026 | 202612005 | Active Under Contract | A | C | $1,500,000 | $0 | $1,218,000 | $1,122,900 | $140,000 |
| 08-08-2026 | 202612005 | Price Decrease | $1,650,000 | $1,599,000 | $1,500,000 | $0 | $1,218,000 | $1,122,900 | $140,000 |
| 07-20-2026 | 202612005 | Price Decrease | $1,699,000 | $1,650,000 | $1,500,000 | $0 | $1,218,000 | $1,122,900 | $140,000 |
| 06-20-2026 | 202612005 | New Listing | A | $1,500,000 | $0 | $1,218,000 | $1,122,900 | $140,000 | |
| 02-17-2026 | 202601442 | Sold | C | S | $1,275,000 | $1,250,000 | $1,218,000 | $1,122,900 | $140,000 |
| 02-06-2026 | 202601442 | Active Under Contract | A | C | $1,275,000 | $1,250,000 | $1,218,000 | $1,122,900 | $140,000 |
| 01-26-2026 | 202601442 | New Listing | A | $1,275,000 | $1,250,000 | $1,218,000 | $1,122,900 | $140,000 |
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