| Description | Elegant 5-year-old home offering exceptional investment potential and flexible multigenerational living. This spacious property features a two-level main home with an attached ADU, a 2-car garage, and parking for up to 9 cars. Currently operated as a 30–90 day rental. The private ADU includes a full kitchen and living/dining area—ideal for rental income or extended family. The main home offers separate living spaces on each level. Upstairs includes the primary kitchen, great room, 2 lanais, and 4 bedrooms/2 baths (one used as an office). Downstairs features a family room with dining area, kitchenette, 3 bedrooms/1 bath, and 2 small yards with a covered lanai. The ohana provides additional privacy with its own full kitchen, great room, 2 bedrooms/1 bath, and a fenced yard. All rooms offer split A/C, ceiling fans, and large windows for natural light and breezes. Three private living areas, each with separate entrances and laundry. Fully furnished, turnkey, with five years of strong rental history. Please do not disturb tenants. |
|---|---|
| Status | Active since 03-13-2026 |
| MLS# | 202605514 |
| Price | $2,495,000 |
| Original Price | $2,495,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 9 / 4 / 0 |
| Parking Spaces | 10 |
| Living Sq Ft | 3,120 |
| Land Sq Ft | 5,500 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 451 Lanae Way Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Coconut Grove |
| Days on Market | 199 |
| Year Built | 2020 |
| Condition | Excellent |
| View | Mountain, Sunrise |
| Pool | None |
| Parking | 3 Car+, Driveway, Garage, Street |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone X |
| Elementary | Kainalu |
| Middle | Kailua |
| High | Kalaheo |
| Tax Amount | $642 |
| Assessed Land | $1,057,000 |
| Assessed Building | $1,144,000 |
| Assessed Total | $2,201,000 |
| Assessed Ratio | 113% |
| Inclusions | AC Split, Auto Garage Door Opener, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Gas Grill, Lawn Sprinkler, Microwave Hood, Microwave, Refrigerator, Security System, Smoke Detector, Solar Heater, Washer, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Patio/Deck, Wall/Fence |
| Utilities | Cable, Connected, Internet, Overhead Electricity, Public Water, Sewer Connection Reqd, Telephone, Water |
| Construction | Above Ground, Double Wall, Wood Frame |
| Lot Features | Other |
| Flooring | Laminate |
| Disclosures | 1031 Exchange, Non Resident Owner, Pet on Property, Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family, Multiple Dwellings |
| Roofing | Asphalt Shingle |
| Easements | None |
| Security | Key, Video |
| Parcel # | 1-4-3-063-044-0000 |
| Listing courtesy of | OahuRE.com |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 03-13-2026 | 202605514 | New Listing | A | $2,495,000 | $0 | $2,201,000 | $1,057,000 | $1,144,000 | |
| 01-15-2026 | 202527749 | Cancelled | A | W | $2,495,000 | $0 | $2,184,700 | $1,057,000 | $1,127,700 |
| 12-12-2025 | 202527749 | New Listing | A | $2,495,000 | $0 | $2,184,700 | $1,057,000 | $1,127,700 | |
| 12-12-2025 | 202527749 | $2,495,000 | $2,495,000 | $0 | $2,184,700 | $1,057,000 | $1,127,700 | ||
| 08-31-2025 | 202510750 | Cancelled | A | W | $2,565,000 | $0 | $2,110,900 | $1,022,000 | $1,088,900 |
| 04-24-2025 | 202510750 | New Listing | A | $2,565,000 | $0 | $2,110,900 | $1,022,000 | $1,088,900 | |
| 01-01-2023 | 202207689 | Expired | T | X | $2,850,000 | $0 | $1,930,700 | $987,000 | $943,700 |
| 09-16-2022 | 202207689 | Temporarily Withdrawn | A | T | $2,850,000 | $0 | $1,930,700 | $987,000 | $943,700 |
| 05-13-2022 | 202207689 | Price Decrease | $3,100,000 | $2,850,000 | $2,850,000 | $0 | $1,930,700 | $987,000 | $943,700 |
| 04-22-2022 | 202207689 | New Listing | A | $2,850,000 | $0 | $1,930,700 | $987,000 | $943,700 | |
| 05-11-2021 | 202103885 | Sold | C | S | $1,950,000 | $1,890,000 | $1,101,200 | $742,000 | $359,200 |
| 03-09-2021 | 202103885 | In Escrow Showing | A | C | $1,950,000 | $1,890,000 | $1,101,200 | $742,000 | $359,200 |
| 02-12-2021 | 202103885 | New Listing | A | $1,950,000 | $1,890,000 | $1,101,200 | $742,000 | $359,200 | |
| 02-07-2021 | 202100452 | Withdrawn | CS | W | $1,950,000 | $0 | $901,400 | $728,000 | $173,400 |
| 01-07-2021 | 202100452 | Coming Soon | I | CS | $1,950,000 | $0 | $901,400 | $728,000 | $173,400 |
| 03-09-2020 | 201930891 | Sold | P | S | $750,000 | $725,000 | $809,300 | $700,000 | $109,300 |
| 01-15-2020 | 201930891 | In Escrow Not Showing | C | P | $750,000 | $725,000 | $809,300 | $700,000 | $109,300 |
| 11-21-2019 | 201930891 | In Escrow Showing | A | C | $750,000 | $725,000 | $809,300 | $700,000 | $109,300 |
| 11-13-2019 | 201930891 | New Listing | A | $750,000 | $725,000 | $809,300 | $700,000 | $109,300 |
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