Hawaii Living

472a N Kainalu Dr (Kalama Tract & Coconut Grove)

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Photo 1 of 472a N Kainalu Dr, Kailua
472a N Kainalu Dr, Kailua
Selling or Buying in Kalama Tract & Coconut Grove?
Description
Lucky you! Waiting for Kainalu Drive? Home nicely nestled in a neighborhood located just a hop & skip away from Kalama Beach Park. Now's your chance to remodel or build to your liking! Land 10,000 SF of personal & peaceful privacy with a long driveway to your home. Investment opportunity? Over 16-years of wonderful tenants the Seller calls "Hanai Family". They have lovingly taken care of the home as if it was their own. They would love to stay. They will miss neighbors they truly can call friends. Oh did I mention? Membership: Kalama Beach Club is optional as well! Pre-listing items completed: Survey/Staking, Preliminary Title Rpt., Termite warranty/Roofing warranty transferable.
Past Activity
  • Nov 07, 2025 Sold for $3,600,000
  • Sep 22, 2025 Under Contract
  • Aug 14, 2025 Listed at $3,900,000
  • May 15, 2020 Sold for $985,000
  • May 04, 2020 Under Contract
  • Apr 21, 2020 Listed at $950,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $632
  • Zoning: 03 - R10 - Residential District
  • Flood Zone: Zone X
  • Elementary School: Kailua
  • Middle School: Kailua
  • High School: Kalaheo
  • Furnished: None
  • Property Condition: Average
  • TMK: 1-4-3-25-44-0
  • Tax Assessed Land: $1,107,000
  • Tax Assessed Improvements: $89,400
  • Tax Assessed Total: $1,196,400
  • Courtesy: Marcus & Associates, Inc.
  • MLS: 202008541
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 07, 2026.Information is deemed reliable but not guaranteed.
Other Kalama Tract & Coconut Grove Homes
$1,060,000
431 Kalama St#C
3 Bds | 2.5 Ba
2,175 ft²
$799,000
$779,000
$1,125,000
338 Manono St#B
2 Bds | 1 Ba
843 ft²
Other Oahu Homes
Old Ewa Beach
$950,000
91-615 Onelua St
4 Bds | 2.5 Ba
1,710 ft²
Lualualei
$950,000
86-270 Leihoku St
4 Bds | 3 Ba
1,745 ft²
Ocean Pointe
$950,000
91-1050 Kaikauhaa St
4 Bds | 3 Ba
1,694 ft²
Kapolei Iwalani
$950,000
91-1028 Wahinoho St
3 Bds | 2.5 Ba
1,320 ft²
Village Park
$950,000
94-791 Kaaka St
4 Bds | 2 Ba
1,388 ft²
Mililani Town
$955,000
95-683 Kelewaa St
3 Bds | 2 Ba
1,352 ft²
  • Sold 5/15/20 at $985,000
    (List Price: $950,000)
Description
Lucky you! Waiting for Kainalu Drive? Home nicely nestled in a neighborhood located just a hop & skip away from Kalama Beach Park. Now's your chance to remodel or build to your liking! Land 10,000 SF of personal & peaceful privacy with a long driveway to your home. Investment opportunity? Over 16-years of wonderful tenants the Seller calls "Hanai Family". They have lovingly taken care of the home as if it was their own. They would love to stay. They will miss neighbors they truly can call friends. Oh did I mention? Membership: Kalama Beach Club is optional as well! Pre-listing items completed: Survey/Staking, Preliminary Title Rpt., Termite warranty/Roofing warranty transferable.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 07, 2026.Information is deemed reliable but not guaranteed.
    • Nov 07, 2025 Sold for $3,600,000
    • Sep 22, 2025 Under Contract
    • Aug 14, 2025 Listed at $3,900,000
    • May 15, 2020 Sold for $985,000
    • May 04, 2020 Under Contract
    • Apr 21, 2020 Listed at $950,000
    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
    $1,060,000
    431 Kalama St#C
    3 Bds | 2.5 Ba
    2,175 ft²
    $799,000
    $779,000
    $1,125,000
    338 Manono St#B
    2 Bds | 1 Ba
    843 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.