Hawaii Living

451 Lanae Way (Kalama Tract & Coconut Grove)

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Photo 1 of 451 Lanae Way, Kailua
451 Lanae Way, Kailua
Selling or Buying in Kalama Tract & Coconut Grove?
Description
OPPORTUNITY! Possibilities! Level Lot with room to expand! Upgrade it and you will have your dream home in the convenient Coconut Grove neighborhood in Kailua. Don't forget ADU! Kailua town, shops, restaurants and Kailua beach, all within a short distance. Number of bedrooms and bathrooms may differ from tax records. Needs major repair. Sold "As Is". Please consider First American, Tanya Mcbride.
Past Activity
  • Dec 12, 2025 Listed at $2,495,000
  • Aug 31, 2025 Off Market
  • Apr 24, 2025 Listed at $2,565,000
  • Jan 01, 2023 Off Market
  • Sep 16, 2022 Off Market
  • May 13, 2022 Price $2,850,000
  • Apr 22, 2022 Listed at $3,100,000
  • May 11, 2021 Sold for $1,890,000
  • Mar 09, 2021 Under Contract
  • Feb 12, 2021 Listed at $1,950,000
  • Mar 09, 2020 Sold for $725,000
  • Nov 21, 2019 Under Contract
  • Nov 13, 2019 Listed at $750,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $489
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • Furnished: None
  • Property Condition: Needs Major Repair,Tear Down
  • TMK: 1-4-3-63-44-0
  • Tax Assessed Land: $700,000
  • Tax Assessed Improvements: $109,300
  • Tax Assessed Total: $809,300
  • Courtesy: Intco Realty, Inc
  • MLS: 201930891
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 December 30, 2025.Information is deemed reliable but not guaranteed.
Other Kalama Tract & Coconut Grove Homes
$1,125,000
338 Manono St#B
2 Bds | 1 Ba
843 ft²
$1,340,000
245 Hualani St#A
4 Bds | 2 Ba
1,496 ft²
$1,395,000
637 Kuaaina Way
4 Bds | 3 Ba
1,592 ft²
$1,445,000
610 A Halela St
4 Bds | 2 Ba
1,196 ft²
Other Oahu Homes
Ewa Gentry
$750,000
91-1072 Leleoi St#10
3 Bds | 2 Ba
956 ft²
Wahiawa
$750,000
166 Makani Ave
2 Bds | 1.5 Ba
888 ft²
Nuuanu
$750,000
27 Kauila St
3 Bds | 2 Ba
1,562 ft²
Maili
$750,000
87-866 Hakeakea St
4 Bds | 3 Ba
1,832 ft²
Maili
$749,000
87-344 Kulahanai St
3 Bds | 3.5 Ba
1,743 ft²
Kalihi
$749,000
1926 Hani Lane#A
3 Bds | 2 Ba
1,052 ft²
  • Sold 3/9/20 at $725,000
    (List Price: $750,000)
Description
OPPORTUNITY! Possibilities! Level Lot with room to expand! Upgrade it and you will have your dream home in the convenient Coconut Grove neighborhood in Kailua. Don't forget ADU! Kailua town, shops, restaurants and Kailua beach, all within a short distance. Number of bedrooms and bathrooms may differ from tax records. Needs major repair. Sold "As Is". Please consider First American, Tanya Mcbride.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 30, 2025.Information is deemed reliable but not guaranteed.
    • Dec 12, 2025 Listed at $2,495,000
    • Aug 31, 2025 Off Market
    • Apr 24, 2025 Listed at $2,565,000
    • Jan 01, 2023 Off Market
    • Sep 16, 2022 Off Market
    • May 13, 2022 Price $2,850,000
    • Apr 22, 2022 Listed at $3,100,000
    • May 11, 2021 Sold for $1,890,000
    • Mar 09, 2021 Under Contract
    • Feb 12, 2021 Listed at $1,950,000
    • Mar 09, 2020 Sold for $725,000
    • Nov 21, 2019 Under Contract
    • Nov 13, 2019 Listed at $750,000
    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
    $1,125,000
    338 Manono St#B
    2 Bds | 1 Ba
    843 ft²
    $1,340,000
    245 Hualani St#A
    4 Bds | 2 Ba
    1,496 ft²
    $1,395,000
    637 Kuaaina Way
    4 Bds | 3 Ba
    1,592 ft²
    $1,445,000
    610 A Halela St
    4 Bds | 2 Ba
    1,196 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.