Hawaii Living

361 Kalaheo Ave (Kalama Tract / Coconut Grove)

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361 Kalaheo Ave, Kailua
This property was sold November 01, 2021 for $2,520,000
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.
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  • Aug 10, 2020 Withdrawn
  • Aug 10, 2020 Temp. Withdrawn
  • Aug 05, 2020 Listed at $2,388,000
  • Apr 07, 2019 Withdrawn
  • Feb 22, 2019 Price $2,000,000
  • Jan 19, 2019 Listed at $2,100,000
  • Dec 06, 2018 Withdrawn
  • 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
More Details
  • Owner, Tax & Resale History: Click here
  • Price / Interior Sf: $812
  • Year Remodeled: 2019
  • Zoning: 03 - R10 - Residential District
  • Elementary School: Kainalu
  • Middle School: Kailua
  • High School: Kalaheo
  • View: Garden, Mountain
  • Flood Zone: Zone X
  • 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
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 04, 2021. Information is deemed reliable but not guaranteed.
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.

Kailua In Reach – The Homes of Coconut Grove
This is one of the most affordable Kailua neighborhoods, as well as one of its oldest. It's not uncommon to find houses that were built here in the 1940's. The more intimate style of old Hawaii is prevalent in Coconut Grove homes, many of which could be called bungalows or cottages.

The vintage structures present a few golden opportunities. Some have been remodeled into incredibly picturesque throwback homes with m  ....click here to read more
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 December 04, 2021. Information is deemed reliable but not guaranteed.
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 affordable Kailua neighborhoods, as well as one of its oldest. It's not uncommon to find houses that were built here in the 1940's. The more intimate style of old Hawaii is prevalent in Coconut Grove homes, many of which could be called bungalows or cottages.

The vintage structures present a few golden opportunities. Some have been remodeled into incredibly picturesque throwback homes with m  ....click here to read more
 
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.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
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