| Description | Opportunity awaits in desirable Kailua! This CPR property is situated on a flag lot offering added privacy and backs up to a peaceful canal and preservation land, providing a natural backdrop and added sense of space. The home is in fair condition and presents a great opportunity for buyers, investors, or contractors looking to renovate, rebuild, or create their own vision in this sought-after location. This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market, and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. |
|---|---|
| Status | Sold since 03-04-2026 |
| MLS# | 202605062 |
| Price | $1,070,000 |
| Original Price | $1,070,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 3 / 2 / 0 |
| Parking Spaces | 3 |
| Living Sq Ft | 1,364 |
| Land Sq Ft | 5,161 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 241 Kihapai Street A Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Coconut Grove |
| Days on Market | 67 |
| Year Built | 1964 |
| Condition | Fair,Needs Major Repair |
| View | Marina/Canal |
| Frontage | Preservation, Stream/Canal |
| Pool | None |
| Parking | 3 Car+ |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone AH |
| Elementary | Kailua |
| Middle | Kailua |
| High | Kalaheo |
| Tax Amount | $260 |
| Assessed Land | $939,800 |
| Assessed Building | $108,400 |
| Assessed Total | $1,048,200 |
| Assessed Ratio | 102% |
| Inclusions | Water Heater |
| Amenities | None |
| Utilities | Cable, Overhead Electricity, Public Water, Sewer Fee |
| Construction | Double Wall, Masonry/Stucco, Slab |
| Lot Features | Flag Lot |
| Flooring | Other |
| Disclosures | None |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | Lender Sale |
| Topography | Gentle Slope, Level |
| Building Style | CPR, Detach Single Family |
| Roofing | Composition |
| Easements | Driveway |
| Notice | Foreclosure |
| Parcel # | 1-4-3-060-091-0002 |
| Listing courtesy of | KLU Real Estate Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-15-2026 | 202605062 | Sold | C | S | $1,070,000 | $1,000,000 | $1,048,200 | $939,800 | $108,400 |
| 05-17-2026 | 202605062 | Active Under Contract | A | C | $1,070,000 | $1,000,000 | $1,048,200 | $939,800 | $108,400 |
| 05-01-2026 | 202605062 | Back On Market | C | A | $1,070,000 | $1,000,000 | $1,048,200 | $939,800 | $108,400 |
| 04-28-2026 | 202605062 | Active Under Contract | A | C | $1,070,000 | $1,000,000 | $1,048,200 | $939,800 | $108,400 |
| 04-17-2026 | 202605062 | Back On Market | C | A | $1,070,000 | $1,000,000 | $1,048,200 | $939,800 | $108,400 |
| 04-13-2026 | 202605062 | Active Under Contract | A | C | $1,070,000 | $1,000,000 | $1,048,200 | $939,800 | $108,400 |
| 03-04-2026 | 202605062 | New Listing | A | $1,070,000 | $1,000,000 | $1,048,200 | $939,800 | $108,400 |
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