| Description | Steps from Kailua Beach, this craftsman style beach house has a separate duplex with strong rental income potential. Live in the vaulted ceiling, dutch door, gorgeous 1 bedroom 1 bath home and rent out the two 3 bed 2 bath units! One more bonus is the converted garage on the cottage which has been modified into a cute 1 bed 1 bath space. This self-contained space offers additional flexibility, whether you wish to host guests, create a private office, or rent it out for additional income. With separate lanai spaces for all 4 living areas, there is privacy for each one. If you would like your own beautiful beach house to call home and enjoy long term income from the other areas, this is what you have been waiting for. The location is unbeatable—just steps from Kailua Beach, where you can enjoy morning sunrises, pristine waters, wind surfing, canoe club, volleyball and year-round activities. In addition, you’re close to local favorites such as Buzz’s Steakhouse, Kalapawai Market, Bob's Pizza and more. Whether you plan to live in the cottage and rent out the duplex or make the entire property a part of your investment portfolio, this Kailua gem offers endless possibilities. |
|---|---|
| Status | Sold since 09-08-2025 |
| MLS# | 202519459 |
| Price | $2,945,000 |
| Original Price | $2,945,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 8 / 6 / 0 |
| Parking Spaces | 6 |
| Living Sq Ft | 3,388 |
| Land Sq Ft | 7,560 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 507 Kawailoa Road B Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Kawailoa-Kailua |
| Days on Market | 39 |
| Year Built | 1974 |
| Year Remodeled | 2008 |
| Condition | Above Average |
| View | Mountain |
| Frontage | Other |
| Pool | None |
| Parking | 3 Car+, Boat, Carport |
| Zoning | 04 - R-7.5 Residential District |
| Flood Zone | Zone X |
| Tax Amount | $552 |
| Assessed Land | $1,277,600 |
| Assessed Building | $829,600 |
| Assessed Total | $2,107,200 |
| Assessed Ratio | 140% |
| Inclusions | AC Split, AC Window Unit, Attic Fan, Auto Garage Door Opener, Blinds, Book Shelves, Cable TV, Ceiling Fan, Chandelier, Dishwasher, Disposal, Dryer, Lawn Sprinkler, Microwave Hood, Microwave, Range Hood, Range/Oven, Refrigerator, Solar Heater, Washer, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Patio/Deck, Storage, Wall/Fence |
| Utilities | Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Concrete, Double Wall, Wood Frame |
| Lot Features | Other |
| Flooring | Ceramic Tile, Hardwood, Vinyl |
| Disclosures | 1031 Exchange, Property Disclosure Stmt |
| Land Recorded | Regular System |
| Possession | 45 Days or Less, At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family, Duplex, Multiple Dwellings, Ohana Dwelling |
| Roofing | Composition, Other |
| Easements | Other |
| Security | Key |
| Parcel # | 1-4-3-010-026-0000 |
| Listing courtesy of | eXp Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 12-10-2025 | 202519459 | Sold | C | S | $2,945,000 | $2,945,000 | $2,107,200 | $1,277,600 | $829,600 |
| 10-17-2025 | 202519459 | Active Under Contract | A | C | $2,945,000 | $2,945,000 | $2,107,200 | $1,277,600 | $829,600 |
| 09-09-2025 | 202519459 | New Listing | A | $2,945,000 | $2,945,000 | $2,107,200 | $1,277,600 | $829,600 | |
| 10-31-2000 | 2008370 | Price Decrease | $349,900 | $340,000 | $349,900 | $340,000 | $278,400 | $216,900 | $61,500 |
| 10-31-2000 | 2008370 | Sold | C | S | $349,900 | $340,000 | $278,400 | $216,900 | $61,500 |
| 08-31-2000 | 2008370 | New Listing | A | $349,900 | $340,000 | $278,400 | $216,900 | $61,500 |
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