Hawaii Living

316c Kalama St (Kalama Tract & Coconut Grove)

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Photo 1 of 316c Kalama St, Kailua
316c Kalama St, Kailua
Selling or Buying in Kalama Tract & Coconut Grove?
Description
Kailua's Best Buy has just been reduced! Offers will be reviewed as they are received, DON'T WAIT, contact your Realtor for an appointment!! This is the uber-cute, remodeled Kailua beach cottage you've been waiting for! Situated on a quiet lane just a few blocks from the beach, a short distance to local schools, markets, restaurants & other Kailua town destinations! Currently set up as a 2/1 & 1/1, the home currently generates $5500 a month (possibly more)! Each unit has its own entrance, fenced-in grassy yards, and kitchen & laundry facilities. Main House upgrades include laminate flooring, remodeled kitchen & NEW bathroom, ceiling fans, and a spacious deck off of the living room that opens to the private, grassy front yard. Beautiful 1 bedroom has concrete floors, granite countertops, ceiling fans skylights, and is move-in ready. Amenities include detached "office shed" with electricity, 3 storage areas, leased PV, & solar hot water. The actual interior square footage is closer to 1590 s.f. as the carport (237 sf) and an additional room (80 sf) were enclosed without a permit and professional "as-built" building plans are available for viewing & will be conveyed with the purchase.
Past Activity
  • Sep 20, 2022 Sold for $1,260,000
  • Aug 21, 2022 Under Contract
  • Aug 18, 2022 Back to Active
  • Aug 15, 2022 Under Contract
  • Aug 04, 2022 Price $1,290,000
  • Jul 19, 2022 Back to Active
  • Jul 08, 2022 Under Contract
  • Jun 29, 2022 Listed at $1,300,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $792
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • Elementary School: Kainalu
  • Middle School: Kailua
  • High School: Kalaheo
  • View: Mountain, Sunset
  • Property Condition: Above Average,Average
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Patio/Deck, Storage, Wall/Fence, Workshop
  • TMK: 1-4-3-38-22-0
  • Tax Assessed Land: $1,004,800
  • Tax Assessed Improvements: $84,800
  • Tax Assessed Total: $1,089,600
  • Courtesy: eXp Realty / (808) 294-1794
  • MLS: 202212447
About Kalama Tract & Coconut Grove
See this aerial video of Coconut Grove and Kalama Tract homes.

For whatever reason the Hawaii real estate world often lumps these areas together, often putting them under the joint category of Coconut Grove/Kalama Tract. They shouldn't. These are very different neighborhoods. They may be next door each other, but these neighbors are easy to tell apart.

Coconut Grove is the more mauka area, one that begins roughly on the mauka side of Maluniu Ave, ending firmly at the preserved Kawainui Regional Park.

The Homes of Coconut Grove
This is one of the most affordable Kailua neighborhoods,   ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 03, 2026.Information is deemed reliable but not guaranteed.
Other Kalama Tract & Coconut Grove Homes
$1,340,000
245 Hualani St#A
4 Bds | 2 Ba
1,496 ft²
$1,445,000
610 A Halela St
4 Bds | 2 Ba
1,196 ft²
$1,125,000
338 Manono St#B
2 Bds | 1 Ba
843 ft²
$1,890,000
337 Kihapai St#C
6 Bds | 4.5 Ba
3,088 ft²
Other Oahu Homes
Olomana
$1,199,000
1355 Manu Mele St#A
3 Bds | 2 Ba
1,200 ft²
West Marina
$1,289,000
520 Lunalilo Home Rd#313
3 Bds | 2.5 Ba
1,582 ft²
Paalaakai
$1,288,000
66-912 Kamakahala St#2
3 Bds | 2.5 Ba
1,286 ft²
Salt Lake Honolulu & Moanalua
$1,295,000
1661 Hakuaina Pl
2 Bds | 2.5 Ba
1,754 ft²
Makaha
$1,295,000
84-387 Jade St
3 Bds | 2 Ba
1,296 ft²
Dowsett
$1,295,000
  • Sold 9/20/22 at $1,260,000
    (List Price: $1,290,000)
Description
Kailua's Best Buy has just been reduced! Offers will be reviewed as they are received, DON'T WAIT, contact your Realtor for an appointment!! This is the uber-cute, remodeled Kailua beach cottage you've been waiting for! Situated on a quiet lane just a few blocks from the beach, a short distance to local schools, markets, restaurants & other Kailua town destinations! Currently set up as a 2/1 & 1/1, the home currently generates $5500 a month (possibly more)! Each unit has its own entrance, fenced-in grassy yards, and kitchen & laundry facilities. Main House upgrades include laminate flooring, remodeled kitchen & NEW bathroom, ceiling fans, and a spacious deck off of the living room that opens to the private, grassy front yard. Beautiful 1 bedroom has concrete floors, granite countertops, ceiling fans skylights, and is move-in ready. Amenities include detached "office shed" with electricity, 3 storage areas, leased PV, & solar hot water. The actual interior square footage is closer to 1590 s.f. as the carport (237 sf) and an additional room (80 sf) were enclosed without a permit and professional "as-built" building plans are available for viewing & will be conveyed with the purchase.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 03, 2026.Information is deemed reliable but not guaranteed.
    • Sep 20, 2022 Sold for $1,260,000
    • Aug 21, 2022 Under Contract
    • Aug 18, 2022 Back to Active
    • Aug 15, 2022 Under Contract
    • Aug 04, 2022 Price $1,290,000
    • Jul 19, 2022 Back to Active
    • Jul 08, 2022 Under Contract
    • Jun 29, 2022 Listed at $1,300,000
    See this aerial video of Coconut Grove and Kalama Tract homes.

    For whatever reason the Hawaii real estate world often lumps these areas together, often putting them under the joint category of Coconut Grove/Kalama Tract. They shouldn't. These are very different neighborhoods. They may be next door each other, but these neighbors are easy to tell apart.

    Coconut Grove is the more mauka area, one that begins roughly on the mauka side of Maluniu Ave, ending firmly at the preserved Kawainui Regional Park.

    The Homes of Coconut Grove
    This is one of the most affordable Kailua neighborhoods,   ... Read more
    Other Kalama Tract & Coconut Grove Homes
    $1,340,000
    245 Hualani St#A
    4 Bds | 2 Ba
    1,496 ft²
    $1,445,000
    610 A Halela St
    4 Bds | 2 Ba
    1,196 ft²
    $1,125,000
    338 Manono St#B
    2 Bds | 1 Ba
    843 ft²
    $1,890,000
    337 Kihapai St#C
    6 Bds | 4.5 Ba
    3,088 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.