Hawaii Living

361 Kalaheo Ave (Kalama Tract / Coconut Grove)

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361 Kalaheo Ave, Kailua
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Description
Beautiful & completely renovated single story 4+3 house w/attached cottage (permitted as a family room + 1 br + 1 ba). Gorgeous limestone floors , thick wooden beams reminiscent of Old Hawaii. Steps to world famous Kailua Beach. Ideal for large families or investors looking for a legally permitted house with "Non-conforming Use" permit that allows daily rentals. Half a block to Kalama Bch Club (membership is available). Cottage has 2 master suites, separate entrance & enclosed private yard. Endless opportunities for multiple income streams. Live, Work & Play in Paradise! Don't miss this amazing opportunity to own a "one of a kind" property, with only 2 Owners! Amenities include: spacious great room, family room, formal dining room, breakfast nook, 2 laundry rooms, 6 split A/C units, hot/cold outdoor shower, storage room can be a workroom, plenty of parking for vehicles and/or boat. Short bike ride to Kailua Town, Aikahi Shopping Center, Lanikai Beach, Kaneohe MCB, shops, restaurants, etc. Private showings to qualified Buyers only., sold "As-Is". Buyer to do their own due diligence. Sold fully furnished (seller will provide list), works of art, 1 bed & some furniture excluded.
Past Activity
  • Nov 02, 2021 Sold for $2,520,000
  • Oct 07, 2021 In Escrow
  • Sep 29, 2021 Back to Active
  • Sep 14, 2021 In Escrow
  • Aug 30, 2021 Price $2,700,000
  • Aug 11, 2021 Price $2,654,000
  • Jul 21, 2021 Listed at $2,700,000
  • Aug 10, 2020 Withdrawn / Canceled
  • Aug 10, 2020 Temp. Withdrawn / Hold
  • Aug 05, 2020 Listed at $2,388,000
  • Apr 07, 2019 Withdrawn / Canceled
  • Feb 22, 2019 Price $2,000,000
  • Jan 19, 2019 Listed at $2,100,000
  • Dec 06, 2018 Withdrawn / Canceled
  • Oct 23, 2018 Price $2,100,000
  • Oct 03, 2018 Price $2,159,000
  • Aug 21, 2018 Price $2,200,000
  • Aug 01, 2018 Price $2,250,000
  • May 23, 2018 Price $2,350,000
  • Apr 10, 2018 Listed at $2,398,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $758
  • Year Remodeled: 2019
  • Zoning: 03 - R10 - Residential District
  • Flood Zone: Zone X
  • Elementary School: Kainalu
  • Middle School: Kailua
  • High School: Kalaheo
  • View: Garden, Mountain
  • Furnished: Full
  • Property Condition: Above Average,Excellent
  • Amenities: Bedroom on 1st Floor, Entry, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Patio/Deck, Storage, Wall/Fence, Workshop
  • TMK: 1-4-3-26-30-0
  • Tax Assessed Land: $1,280,000
  • Tax Assessed Improvements: $285,800
  • Tax Assessed Total: $1,565,800
  • Courtesy: Realty By The Sea
  • MLS: 202113338
Good to Know
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.

Kailua In Reach – The Homes of Coconut Grove
This is one of the most affordabl  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
Other Kalama Tract / Coconut Grove Homes
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427 Kalaheo Ave
6 Bds | 5 Ba
2,656 ft²
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158 Kapaa St
4 Bds | 2 Ba
2,085 ft²
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703 Kihapai Pl
8 Bds | 4 Ba
2,080 ft²
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609 Olomana St
8 Bds | 8 Ba
2,960 ft²
Other Kailua Homes
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1343 Kahili St
6 Bds | 4 Ba
2,648 ft²
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1291 Aulepe St
4 Bds | 3 Ba
2,421 ft²
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1362 Lopaka Pl
4 Bds | 3 Ba
3,350 ft²
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114 Kaelepulu Dr
4 Bds | 2 Ba
2,346 ft²
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1364 Manu Mele St
4 Bds | 4 Ba
3,082 ft²
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1340 Aupupu St
4 Bds | 3.5 Ba
2,702 ft²
  • Sold 11/1/21 at $2,520,000
    (List Price: $2,700,000)
Description
Beautiful & completely renovated single story 4+3 house w/attached cottage (permitted as a family room + 1 br + 1 ba). Gorgeous limestone floors , thick wooden beams reminiscent of Old Hawaii. Steps to world famous Kailua Beach. Ideal for large families or investors looking for a legally permitted house with "Non-conforming Use" permit that allows daily rentals. Half a block to Kalama Bch Club (membership is available). Cottage has 2 master suites, separate entrance & enclosed private yard. Endless opportunities for multiple income streams. Live, Work & Play in Paradise! Don't miss this amazing opportunity to own a "one of a kind" property, with only 2 Owners! Amenities include: spacious great room, family room, formal dining room, breakfast nook, 2 laundry rooms, 6 split A/C units, hot/cold outdoor shower, storage room can be a workroom, plenty of parking for vehicles and/or boat. Short bike ride to Kailua Town, Aikahi Shopping Center, Lanikai Beach, Kaneohe MCB, shops, restaurants, etc. Private showings to qualified Buyers only., sold "As-Is". Buyer to do their own due diligence. Sold fully furnished (seller will provide list), works of art, 1 bed & some furniture excluded.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
    • Nov 02, 2021 Sold for $2,520,000
    • Oct 07, 2021 In Escrow
    • Sep 29, 2021 Back to Active
    • Sep 14, 2021 In Escrow
    • Aug 30, 2021 Price $2,700,000
    • Aug 11, 2021 Price $2,654,000
    • Jul 21, 2021 Listed at $2,700,000
    • Aug 10, 2020 Withdrawn / Canceled
    • Aug 10, 2020 Temp. Withdrawn / Hold
    • Aug 05, 2020 Listed at $2,388,000
    • Apr 07, 2019 Withdrawn / Canceled
    • Feb 22, 2019 Price $2,000,000
    • Jan 19, 2019 Listed at $2,100,000
    • Dec 06, 2018 Withdrawn / Canceled
    • Oct 23, 2018 Price $2,100,000
    • Oct 03, 2018 Price $2,159,000
    • Aug 21, 2018 Price $2,200,000
    • Aug 01, 2018 Price $2,250,000
    • May 23, 2018 Price $2,350,000
    • Apr 10, 2018 Listed at $2,398,000
    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.

    Kailua In Reach – The Homes of Coconut Grove
    This is one of the most affordabl  .....
    Read more.
    Other Kalama Tract / Coconut Grove Homes
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    427 Kalaheo Ave
    6 Bds | 5 Ba
    2,656 ft²
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    158 Kapaa St
    4 Bds | 2 Ba
    2,085 ft²
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    703 Kihapai Pl
    8 Bds | 4 Ba
    2,080 ft²
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    609 Olomana St
    8 Bds | 8 Ba
    2,960 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. However, the sale is still 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.