| Description | Welcome to this extensively upgraded Kailua home, ideally located between world-famous Kailua Beach and the scenic Kawainui Marsh. Move-in ready, this property combines modern finishes, exceptional energy efficiency, and the best of Windward living. The modern kitchen features custom cabinetry, quartz countertops, farmhouse sink, gas range, and newer stainless steel appliances. Additional improvements include split AC throughout, engineered hardwood flooring, newer windows, French shutters, vinyl fencing, tankless water heater, and a freshly painted exterior. Enjoy significant energy savings with 25 owned Tesla solar panels paired with two Tesla Powerwall batteries for backup power and added peace of mind. Gas service powers the water heater, range, and dryer. The fully enclosed yard offers plenty of room for pets, relaxing, entertaining, or gardening. Conveniently located just minutes from Kailua's beaches, shopping, dining, MCBH, and Kawainui Marsh Opportunity for qualified buyers to assume the existing VA loan at an attractive 2.625% interest rate. Seller offering a $20,000 Seller Credit |
|---|---|
| Status | Active since 08-12-2026 |
| MLS# | 202611826 |
| Price | $1,775,000 |
| Original Price | $1,775,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 3 / 2 / 0 |
| Parking Spaces | 4 |
| Living Sq Ft | 1,554 |
| Land Sq Ft | 6,960 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 701 Kihapai Street Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Coconut Grove |
| Days on Market | 46 |
| Year Built | 1954 |
| Year Remodeled | 2015 |
| Condition | Excellent |
| View | Garden, Mountain |
| Frontage | Other |
| Pool | None |
| Parking | 3 Car+, Driveway, Garage |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone AH |
| Elementary | Kainalu |
| Middle | Kailua |
| High | Kalaheo |
| Tax Amount | $406 |
| Assessed Land | $1,112,100 |
| Assessed Building | $399,500 |
| Assessed Total | $1,511,600 |
| Assessed Ratio | 117% |
| Inclusions | AC Split, Attic Fan, Auto Garage Door Opener, Blinds, Cable TV, Ceiling Fan, Chandelier, Dishwasher, Disposal, Drapes, Dryer, Lawn Sprinkler, Microwave, Photovoltaic - Owned, Range Hood, Range/Oven, Refrigerator, Security System, Smoke Detector, Washer, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Other, Patio/Deck, Wall/Fence |
| Utilities | Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Above Ground, Double Wall, Wood Frame |
| Lot Features | Irregular |
| Flooring | Hardwood |
| Disclosures | Pets Allowed (Verify), Photovoltaic, Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | 45 Days or Less |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family |
| Roofing | Asphalt Shingle |
| Easements | Sewer, Telephone, Water |
| Security | Key |
| Parcel # | 1-4-3-067-039-0000 |
| Listing courtesy of | HomeSmart Island Homes |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-02-2026 | 202611826 | Back On Market | C | A | $1,775,000 | $0 | $1,511,600 | $1,112,100 | $399,500 |
| 08-16-2026 | 202611826 | Active Under Contract | A | C | $1,775,000 | $0 | $1,511,600 | $1,112,100 | $399,500 |
| 08-12-2026 | 202611826 | New Listing | CS | A | $1,775,000 | $0 | $1,511,600 | $1,112,100 | $399,500 |
| 03-13-2015 | 201423080 | Sold | C | S | $885,000 | $887,500 | $698,400 | $500,800 | $197,600 |
| 02-04-2015 | 201423080 | Active Continue to Show | A | C | $885,000 | $887,500 | $698,400 | $500,800 | $197,600 |
| 01-21-2015 | 201423080 | Back On Market | C | A | $885,000 | $887,500 | $698,400 | $500,800 | $197,600 |
| 01-14-2015 | 201423080 | Active Continue to Show | A | C | $885,000 | $887,500 | $698,400 | $500,800 | $197,600 |
| 12-16-2014 | 201423080 | New Listing | A | $885,000 | $887,500 | $698,400 | $500,800 | $197,600 | |
| 11-26-2014 | 201418831 | Withdrawn | A | W | $899,000 | $0 | $698,400 | $500,800 | $197,600 |
| 09-29-2014 | 201418831 | Back On Market | T | A | $899,000 | $0 | $698,400 | $500,800 | $197,600 |
| 09-29-2014 | 201418831 | Temporarily Withdrawn | A | T | $899,000 | $0 | $698,400 | $500,800 | $197,600 |
| 09-29-2014 | 201418831 | New Listing | A | $899,000 | $0 | $698,400 | $500,800 | $197,600 | |
| 09-29-2014 | 201418831 | $899,000 | $899,000 | $0 | $698,400 | $500,800 | $197,600 | ||
| 09-22-2011 | 1108285 | Withdrawn | A | W | $779,000 | $0 | $649,900 | $483,200 | $166,700 |
| 07-06-2011 | 1108285 | New Listing | A | $779,000 | $0 | $649,900 | $483,200 | $166,700 | |
| 11-26-2007 | 2710300 | Expired | T | X | $849,000 | $0 | $624,200 | $576,500 | $47,700 |
| 06-14-2007 | 2710300 | Temporarily Withdrawn | A | T | $849,000 | $0 | $624,200 | $576,500 | $47,700 |
| 06-09-2007 | 2710300 | Back On Market | C | A | $849,000 | $0 | $624,200 | $576,500 | $47,700 |
| 06-01-2007 | 2710300 | Active Continue to Show | A | C | $849,000 | $0 | $624,200 | $576,500 | $47,700 |
| 05-25-2007 | 2710300 | New Listing | A | $849,000 | $0 | $624,200 | $576,500 | $47,700 | |
| 06-30-2005 | 2507185 | Sold | C | S | $785,000 | $785,000 | $433,700 | $405,300 | $28,400 |
| 05-17-2005 | 2507185 | Active Continue to Show | A | C | $785,000 | $785,000 | $433,700 | $405,300 | $28,400 |
| 05-10-2005 | 2507185 | New Listing | A | $785,000 | $785,000 | $433,700 | $405,300 | $28,400 | |
| 10-01-2003 | 2309332 | Sold | C | S | $359,000 | $339,000 | $264,500 | $192,300 | $72,200 |
| 10-01-2003 | 2309332 | Price Decrease | $359,000 | $339,000 | $359,000 | $339,000 | $264,500 | $192,300 | $72,200 |
| 07-23-2003 | 2309332 | New Listing | A | $359,000 | $339,000 | $264,500 | $192,300 | $72,200 |
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