| Description | This rare 27,725 sq. ft. estate property has fabulous mountain views over the wide canal, in a prime Kailua location one street from the beach. Enjoy over 295 ft of direct waterfront canal living! Kayak, SUP right from your yard. The layout gives you incredible flexibility, featuring multiple suites within a spacious compound. The original single-level 3-bedroom/2-bath home opens to a green yard along the waterfront, flanked by two 2-bedroom/1-bath wings with private entrances and ample parking. A breezeway carport connects to another living area with 3 bedrooms/2.5-baths upstairs opening to a gorgeous view lanai. On the ground level is a two-car enclosed garage and workshop plus a 1-bd/1-bath wing. The property has been well-kept and maintained over the years by one family. Everything Kailua has to offer is convenient to this estate including the canal, beach, restaurants and businesses, shopping centers, the Pali and H-3. 117 owned PV panels and EV Charger too! Don’t miss this one-of-a-kind opportunity! |
|---|---|
| Status | Active since 09-16-2026 |
| MLS# | 202616097 |
| Price | $4,900,000 |
| Original Price | $4,900,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 1 |
| Two Bed Units | 2 |
| Three Bed Units | 2 |
| Land Sq Ft | 27,725 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 865 N Kalaheo Avenue Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Koolaupoko |
| Days on Market | 11 |
| Year Built | 1953 |
| Year Remodeled | 2007 |
| Condition | Average |
| View | Marina/Canal, Mountain |
| Frontage | Stream/Canal, Waterfront |
| Parking | Covered, Open |
| Zoning | 03 - R10 - Residential District |
| Flood Zone | Zone X,Zon |
| Tax Amount | $1,715 |
| Assessed Land | $1,678,600 |
| Assessed Building | $776,200 |
| Assessed Total | $2,454,800 |
| Assessed Ratio | 200% |
| Utilities | Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Double Wall, Hollow Tile, Single Wall, Steel Frame, Wood Frame |
| Lot Features | Irregular |
| Disclosures | Photovoltaic, Property Disclosure Stmt |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Aluminum/Steel |
| Easements | Electric, Other |
| Parcel # | 1-4-3-080-001-0000 |
| Listing courtesy of | Coldwell Banker Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-16-2026 | 202616097 | New Listing | A | $4,900,000 | $0 | $2,454,800 | $1,678,600 | $776,200 |
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