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539 N Kainalu Dr (Kalama Tract & Coconut Grove)

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Photo 1 of 539 N Kainalu Dr, Kailua
Photo 2 of 539 N Kainalu Dr, Kailua
Photo 3 of 539 N Kainalu Dr, Kailua
539 N Kainalu Dr, Kailua
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Description
Step into your own private Kailua oasis, just one block from the Kai One (89b) beach access and the beautiful and pristine white sands of Kailua Bay.This thoughtfully designed home offers a flexible open floor plan with three bedrooms in the main front section that for privacy can be separated from the rear portion of the home, which entails an entertainment room with wet bar along with a spacious upstairs living area, and an additional bedroom - all with their own private entrance.Mature tropical landscaping creates peaceful, secluded yard spaces, while the expansive level backyard offers a blank canvas for endless possibilities. Enjoy multiple serene outdoor living areas in both the front and backyards, enclosed by lava rock walls and privacy fencing. Additional highlights include a state-of-the-art EcoShade aluminum trellis, an outdoor shower, a dedicated storage room, and a covered breezeway storage locker—perfect for surfboards, bikes, and more.
Recent Activity
  • Oct 20, 2025 Price $2,599,000
  • Jun 23, 2025 Listed at $2,849,000
Recent Sales
(Kalama Tract & Coconut Grove)
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $1,158
  • Zoning: 03 - R10 - Residential District
  • Flood Zone: Zone X
  • View: Garden, Mountain
  • Furnished: Partial
  • Property Condition: Excellent
  • Security Features: Key
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Other, Patio/Deck, Storage, Wall/Fence
  • TMK: 1-4-3-37-31-0
  • Tax Assessed Land: $1,261,500
  • Tax Assessed Improvements: $381,000
  • Tax Assessed Total: $1,642,500
  • Courtesy: Arquette Properties Inc / (808) 732-9494
  • MLS: 202514176
Ask All a Question
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 November 10, 2025.Information is deemed reliable but not guaranteed.
Other Kalama Tract & Coconut Grove Homes
$2,780,000
157 Makawao St
5 Bds | 3 Ba
1,855 ft²
$2,250,000
122 Ainoni St
4 Bds | 2 Ba
1,524 ft²
$1,900,000
609 Olomana St
8 Bds | 8 Ba
2,960 ft²
$1,640,000
245 Hualani St#B
4 Bds | 3.5 Ba
1,961 ft²
Other Kailua Homes
Kailua Estates
$2,499,000
409 Wanaao Rd
4 Bds | 3.5 Ba
2,483 ft²
Kawailoa Kailua
$2,157,000
481 Kawailoa Rd#B
4 Bds | 3 Ba
1,711 ft²
Hillcrest Kailua
$2,078,000
1340 Aupupu St
4 Bds | 3.5 Ba
2,702 ft²
Maunawili
$2,050,000
1193 Kika Pl
4 Bds | 3 Ba
2,632 ft²
Maunawili
$1,975,000
1126 Lunaai St
4 Bds | 3 Ba
2,131 ft²
Lanikai
$3,300,000
149A Haokea Dr
4 Bds | 3 Ba
2,002 ft²
  • Asking Price: $2,599,000
Description
Step into your own private Kailua oasis, just one block from the Kai One (89b) beach access and the beautiful and pristine white sands of Kailua Bay.This thoughtfully designed home offers a flexible open floor plan with three bedrooms in the main front section that for privacy can be separated from the rear portion of the home, which entails an entertainment room with wet bar along with a spacious upstairs living area, and an additional bedroom - all with their own private entrance.Mature tropical landscaping creates peaceful, secluded yard spaces, while the expansive level backyard offers a blank canvas for endless possibilities. Enjoy multiple serene outdoor living areas in both the front and backyards, enclosed by lava rock walls and privacy fencing. Additional highlights include a state-of-the-art EcoShade aluminum trellis, an outdoor shower, a dedicated storage room, and a covered breezeway storage locker—perfect for surfboards, bikes, and more.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 10, 2025.Information is deemed reliable but not guaranteed.
    • Oct 20, 2025 Price $2,599,000
    • Jun 23, 2025 Listed at $2,849,000
    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
    $2,780,000
    157 Makawao St
    5 Bds | 3 Ba
    1,855 ft²
    $2,250,000
    122 Ainoni St
    4 Bds | 2 Ba
    1,524 ft²
    $1,900,000
    609 Olomana St
    8 Bds | 8 Ba
    2,960 ft²
    $1,640,000
    245 Hualani St#B
    4 Bds | 3.5 Ba
    1,961 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.