Hawaii Living

518 Olomana St (Kalama Tract / Coconut Grove)

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518 Olomana St, Kailua
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Description
NEW LISTING!! Come see this absolutely charming Kailua residence that’s perfect for extended family living or investment opportunity. This 6 bdrm/3 bath property is separated into 3 separate living quarters. The front main home is a 3 bdrm/1 bath SINGLE LEVEL home and features new stainless-steel appliances, fresh interior and exterior paint, and new vinyl plank flooring. The back structure is made up of an upstairs 2 bdrm 1 bath unit with all new flooring, new stainless-steel appliances, fresh paint, and its own separate entry AND don’t forget about the downstairs BONUS in-law’s quarters with a wet bar and separate entrance. Other features include a leased Tesla PV system, ample parking in front of the property, and a backyard swimming pool. Ideally located just minutes away from the beach, shopping, and restaurants. Don’t miss this fantastic RARE opportunity!
Past Activity
  • Dec 29, 2021 Sold for $1,675,000
  • Nov 26, 2021 In Escrow
  • Nov 26, 2021 Back to Active
  • Nov 15, 2021 In Escrow
  • Nov 05, 2021 Listed at $1,495,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $600
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • Elementary School: Kainalu
  • Middle School: Kailua
  • High School: Kalaheo
  • View: Mountain
  • Property Condition: Above Average
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Storage, Wall/Fence
  • TMK: 1-4-3-67-82-0
  • Tax Assessed Land: $731,800
  • Tax Assessed Improvements: $147,100
  • Tax Assessed Total: $878,900
  • Courtesy: BHGRE Advantage Realty
  • MLS: 202123392
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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447 Lanae Way
4 Bds | 2 Ba
1,426 ft²
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340 Hualani St
5 Bds | 2 Ba
2,138 ft²
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405 Manono St
3 Bds | 2 Ba
1,329 ft²
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708 Oneawa St
2 Bds | 1 Ba
918 ft²
Other Oahu Homes
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1217 Kina St
6 Bds | 3.5 Ba
2,892 ft²
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115 Kanapuu Pl
3 Bds | 2.5 Ba
1,640 ft²
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1302 Haloa Dr
8 Bds | 4 Ba
4,206 ft²
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1338 Lekeona St
4 Bds | 2 Ba
1,817 ft²
  • Sold 12/29/21 at $1,675,000
    (List Price: $1,495,000)
Description
NEW LISTING!! Come see this absolutely charming Kailua residence that’s perfect for extended family living or investment opportunity. This 6 bdrm/3 bath property is separated into 3 separate living quarters. The front main home is a 3 bdrm/1 bath SINGLE LEVEL home and features new stainless-steel appliances, fresh interior and exterior paint, and new vinyl plank flooring. The back structure is made up of an upstairs 2 bdrm 1 bath unit with all new flooring, new stainless-steel appliances, fresh paint, and its own separate entry AND don’t forget about the downstairs BONUS in-law’s quarters with a wet bar and separate entrance. Other features include a leased Tesla PV system, ample parking in front of the property, and a backyard swimming pool. Ideally located just minutes away from the beach, shopping, and restaurants. Don’t miss this fantastic RARE opportunity!
    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.
    • Dec 29, 2021 Sold for $1,675,000
    • Nov 26, 2021 In Escrow
    • Nov 26, 2021 Back to Active
    • Nov 15, 2021 In Escrow
    • Nov 05, 2021 Listed at $1,495,000
    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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    447 Lanae Way
    4 Bds | 2 Ba
    1,426 ft²
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    340 Hualani St
    5 Bds | 2 Ba
    2,138 ft²
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    405 Manono St
    3 Bds | 2 Ba
    1,329 ft²
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    708 Oneawa St
    2 Bds | 1 Ba
    918 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.