| Description | ACCEPTING BACK-UP OFFERS! VA ASSUMABLE LOAN at 2.75% available for qualified buyers. Beach-close Kalama Tract home located less than two blocks from the beach and minutes to Kailua Town. This unique property showcases bold colors, artistic design elements, and a distinctive floor plan, offering a home with character and creative flair. Must see! The flexible layout features 2 bedrooms and 1 bath on the main level, plus a separate upstairs 1-bedroom, 1-bath unit with a kitchenette, for guests or extended living. Two flex spaces on the main level for an extra bedroom, office, or family room, plus a separate laundry area. Outdoor features include a saltwater pool and jacuzzi, perfect for enjoying Kailua’s relaxed lifestyle. Energy-efficient upgrades include PV panels with Tesla Powerwall, solar blankets for pool heating, and a 220V EV charging service. Approved plans and open permit already in place to build up and expand, offering a rare opportunity to add value while saving significant time and costs in the permitting process. A great opportunity to own a property with flexibility in one of Kailua’s most desirable neighborhoods. Enhanced Photos. |
|---|---|
| Status | Sold since 04-04-2026 |
| MLS# | 202606840 |
| Price | $1,625,000 |
| Original Price | $1,675,000 |
| Price Change | $-50,000 (-2.99%) |
| Beds / Baths / Half | 3 / 2 / 0 |
| Parking Spaces | 2 |
| Living Sq Ft | 2,055 |
| Land Sq Ft | 5,000 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 185 Ulupa Street Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Kalama Tract |
| Days on Market | 29 |
| Year Built | 1939 |
| Year Remodeled | 2024 |
| Condition | Above Average,Average |
| View | Mountain |
| Pool | In Ground, Spa/HotTub, Pool on Property |
| Parking | Carport |
| Zoning | 03 - R10 - Residential District |
| Flood Zone | Zone X |
| Tax Amount | $387 |
| Assessed Land | $1,065,600 |
| Assessed Building | $313,600 |
| Assessed Total | $1,379,200 |
| Assessed Ratio | 118% |
| Inclusions | Book Shelves, Ceiling Fan, Dishwasher, Disposal, Microwave, Other, Photovoltaic - Owned, Range/Oven, Refrigerator, Smoke Detector, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Other, Patio/Deck, Storage, Wall/Fence |
| Utilities | Cable, Gas, Internet, Overhead Electricity, Public Water, Telephone, Water |
| Construction | Brick, Other, Wood Frame |
| Lot Features | Clear |
| Flooring | Ceramic Tile, Laminate, Other |
| Disclosures | Photovoltaic, Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-4-3-028-023-0000 |
| Listing courtesy of | Paradise Realty & Management |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-04-2026 | 202606840 | Sold | C | S | $1,625,000 | $1,591,277 | $1,379,200 | $1,065,600 | $313,600 |
| 05-12-2026 | 202606840 | Active Under Contract | A | C | $1,625,000 | $1,591,277 | $1,379,200 | $1,065,600 | $313,600 |
| 05-05-2026 | 202606840 | Price Decrease | $1,675,000 | $1,625,000 | $1,625,000 | $1,591,277 | $1,379,200 | $1,065,600 | $313,600 |
| 05-03-2026 | 202606840 | Back On Market | C | A | $1,625,000 | $1,591,277 | $1,379,200 | $1,065,600 | $313,600 |
| 04-24-2026 | 202606840 | Active Under Contract | A | C | $1,625,000 | $1,591,277 | $1,379,200 | $1,065,600 | $313,600 |
| 04-04-2026 | 202606840 | New Listing | A | $1,625,000 | $1,591,277 | $1,379,200 | $1,065,600 | $313,600 | |
| 02-05-2026 | 202600288 | Cancelled | A | W | $2,100,000 | $0 | $1,447,600 | $1,065,600 | $382,000 |
| 01-23-2026 | 202600288 | Price Decrease | $2,175,000 | $2,100,000 | $2,100,000 | $0 | $1,447,600 | $1,065,600 | $382,000 |
| 01-08-2026 | 202600288 | New Listing | CS | A | $2,100,000 | $0 | $1,447,600 | $1,065,600 | $382,000 |
| 07-27-2020 | 202012013 | Sold | C | S | $1,249,000 | $1,225,000 | $1,104,900 | $880,000 | $252,400 |
| 06-15-2020 | 202012013 | In Escrow Showing | A | C | $1,249,000 | $1,225,000 | $1,104,900 | $880,000 | $252,400 |
| 05-30-2020 | 202012013 | New Listing | A | $1,249,000 | $1,225,000 | $1,104,900 | $880,000 | $252,400 | |
| 10-08-2014 | 201417207 | Sold | P | S | $899,000 | $895,000 | $648,000 | $508,800 | $139,200 |
| 10-03-2014 | 201417207 | Pending | C | P | $899,000 | $895,000 | $648,000 | $508,800 | $139,200 |
| 09-26-2014 | 201417207 | Active Continue to Show | A | C | $899,000 | $895,000 | $648,000 | $508,800 | $139,200 |
| 09-03-2014 | 201417207 | New Listing | A | $899,000 | $895,000 | $648,000 | $508,800 | $139,200 |
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