Hawaii Living

435 N Kalaheo Ave (Kalama Tract & Coconut Grove)

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Photo 1 of 435 N Kalaheo Ave, Kailua
435 N Kalaheo Ave, Kailua
Selling or Buying in Kalama Tract & Coconut Grove?
Description
Island Living at its best — Just One Block from Kailua Beach on the corner of Palapu Street. Step into this one-of-a-kind 4-bedroom, 3.5-bath contemporary island home featuring vaulted ceilings and 2,936 sq.ft. of bright, open living space, all enclosed on a 10,000 sq.ft. lot. Relax or entertain around your solar-heated pool with both covered and open lanais—perfect for seamless indoor/outdoor living. This property includes a 3-bedroom, 2.5 bath main home, with most living areas on the main level. The private upstairs primary suite offers a peaceful, ensuite retreat away from the main living spaces. In addition, there is an attached 1-bedroom, 1 bath with a kitchen that can be used as a rental or mother-in-law suite. Move-in ready with 30 owned PV panels (NET metering), split ACs in every room, luxury vinyl plank flooring, an upgraded kitchen, motorized blinds, updated lighting, and more. Additional highlights include two laundry areas, an attached workshop/storage room, a garage, and extra parking. Located in highly sought-after Kailua, close to dining, shopping, and endless watersports—this home delivers comfort, flexibility, and modern island style. Your Kailua oasis awaits!
Past Activity
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $1,090
  • Year Remodeled: 2022
  • Zoning: 03 - R10 - Residential District
  • Flood Zone: Zone X
  • View: Garden, Mountain
  • Property Condition: Excellent,Above Average
  • Security Features: Key, Video
  • Amenities: Bedroom on 1st Floor, Entry, Full Bath on 1st Floor, Landscaped, Patio/Deck, Storage, Wall/Fence, Workshop
  • TMK: 1-4-3-25-27-0
  • Tax Assessed Land: $1,700,000
  • Tax Assessed Improvements: $916,600
  • Tax Assessed Total: $2,616,600
  • Courtesy: Hawaii Homes International / (808) 949-0020
  • MLS: 202525722
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 February 04, 2026.Information is deemed reliable but not guaranteed.
Other Kalama Tract & Coconut Grove Homes
$2,250,000
629 Halela St#A
5 Bds | 4 Ba
3,271 ft²
$2,200,000
629 Halela St
5 Bds | 4 Ba
3,074 ft²
$2,200,000
244 Kihapai St#A
5 Bds | 3 Ba
3,157 ft²
$2,199,000
Other Kailua Homes
Kaimalino
$3,155,000
610 Milokai St
4 Bds | 2 Ba
2,515 ft²
Lanikai
$3,090,000
102 Aalapapa Way
4 Bds | 3 Ba
2,402 ft²
Lanikai
$3,395,000
322 Lapa Pl
4 Bds | 3 Ba
2,450 ft²
Lanikai
$2,980,000
149A Haokea Dr
4 Bds | 3 Ba
2,002 ft²
Koolaupoku
$2,800,000
738 Kanaha St
4 Bds | 4 Ba
2,174 ft²
Lanikai
$3,777,000
1453 Aalapapa Dr
4 Bds | 3 Ba
1,602 ft²
  • Sold 1/8/26 at $3,200,000
    (List Price: $3,200,000)
Description
Island Living at its best — Just One Block from Kailua Beach on the corner of Palapu Street. Step into this one-of-a-kind 4-bedroom, 3.5-bath contemporary island home featuring vaulted ceilings and 2,936 sq.ft. of bright, open living space, all enclosed on a 10,000 sq.ft. lot. Relax or entertain around your solar-heated pool with both covered and open lanais—perfect for seamless indoor/outdoor living. This property includes a 3-bedroom, 2.5 bath main home, with most living areas on the main level. The private upstairs primary suite offers a peaceful, ensuite retreat away from the main living spaces. In addition, there is an attached 1-bedroom, 1 bath with a kitchen that can be used as a rental or mother-in-law suite. Move-in ready with 30 owned PV panels (NET metering), split ACs in every room, luxury vinyl plank flooring, an upgraded kitchen, motorized blinds, updated lighting, and more. Additional highlights include two laundry areas, an attached workshop/storage room, a garage, and extra parking. Located in highly sought-after Kailua, close to dining, shopping, and endless watersports—this home delivers comfort, flexibility, and modern island style. Your Kailua oasis awaits!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 04, 2026.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.

    The Homes of Coconut Grove
    This is one of the most affordable Kailua neighborhoods,   ... Read more
    Other Kalama Tract & Coconut Grove Homes
    $2,250,000
    629 Halela St#A
    5 Bds | 4 Ba
    3,271 ft²
    $2,200,000
    629 Halela St
    5 Bds | 4 Ba
    3,074 ft²
    $2,200,000
    244 Kihapai St#A
    5 Bds | 3 Ba
    3,157 ft²
    $2,199,000
     
    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.