| Description | Nestled within one of Kailua’s favorite neighborhoods, Kalaheo Hillside, 315 Iliaina Street is filled with potential and island charm. The property includes two separate structures --- a cute, detached cottage studio with a full bath and kitchenette, plus a classic home offering 3 bedrooms, 2 full baths, a great open floor plan, and a separate dining area with large windows looking out to the backyard. Much of the home remains in its original condition, including beautiful koa kitchen cabinet doors that could shine again with restoration. The spacious yard features a large in-ground pool and plenty of room to reimagine the outdoor spaces! Just minutes from Aikahi Shopping Center, Aikahi Elementary School, Kailua’s beaches, shopping, dining opportunities, markets, and so much more! Also close to MCBH Kaneohe, H-3, and Likelike Highway access, this property combines location, flexibility, and opportunity in one of Kailua’s most convenient neighborhoods. Split ACs in each room. PV panels on net metering. |
|---|---|
| Status | Contract since 05-29-2026 |
| MLS# | 202609716 |
| Price | $1,725,000 |
| Original Price | $1,875,000 |
| Price Change | $-150,000 (-8.00%) |
| Beds / Baths / Half | 3 / 3 / 0 |
| Parking Spaces | 5 |
| Living Sq Ft | 1,874 |
| Land Sq Ft | 10,017 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 315 Iliaina Street Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Kalaheo Hillside |
| Days on Market | 100 |
| Year Built | 1958 |
| Condition | Average |
| View | None |
| Pool | In Ground, Tile, Pool on Property |
| Parking | 3 Car+, Driveway, Garage, Street |
| Zoning | 03 - R10 - Residential District |
| Flood Zone | Zone X |
| Elementary | Aikahi |
| Middle | Kailua |
| High | Kalaheo |
| Tax Amount | $809 |
| Assessed Land | $1,287,600 |
| Assessed Building | $334,500 |
| Assessed Total | $1,622,100 |
| Assessed Ratio | 106% |
| Inclusions | AC Split, Auto Garage Door Opener, Cable TV, Ceiling Fan, Dishwasher, Disposal, Dryer, Photovoltaic - Owned, Range Hood, Washer, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck, Storage, Wall/Fence |
| Utilities | Cable, Connected, Internet, Overhead Electricity, Public Water, Sewer Fee, Water |
| Construction | Brick |
| Lot Features | Clear |
| Flooring | Ceramic Tile, Laminate |
| Disclosures | Photovoltaic, Property Disclosure Stmt |
| Furnished | Partial |
| Land Recorded | Land Court |
| Possession | At Closing, Negotiable |
| Sale Conditions | None |
| Topography | Gentle Slope |
| Building Style | Detach Single Family, Multiple Dwellings, Studio Cottage |
| Roofing | Composition |
| Easements | None |
| Security | Key |
| Parcel # | 1-4-4-026-028-0000 |
| Listing courtesy of | Homes of Hawai'i Real Estate |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-10-2026 | 202609716 | Active Under Contract | A | C | $1,725,000 | $0 | $1,622,100 | $1,287,600 | $334,500 |
| 09-01-2026 | 202609716 | Price Decrease | $1,875,000 | $1,725,000 | $1,725,000 | $0 | $1,622,100 | $1,287,600 | $334,500 |
| 05-29-2026 | 202609716 | New Listing | CS | A | $1,725,000 | $0 | $1,622,100 | $1,287,600 | $334,500 |
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