Hawaii Living

654 Kaiemi St#B (Koolaupoku)

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Photo 1 of 654 Kaiemi St #B, Kailua
654 Kaiemi St #B, Kailua
Selling or Buying in Koolaupoku?
Description
Lucky Buyer! Single Family Home listed BELOW TAX ASSESSED value for land at only $829,000 in Kailua! Opportunity knocks on this fully enclosed cottage near to Kailua town, shops, restaurants, entertainment, beach, and parks. Renovate to make it your own or create your own dream home/investment. Cozy one bedroom downstairs with lanai area and open concept living. Check out the separate great upstairs unit! Beautiful Kawainui Marsh views from the upstairs unit and lovely mountain views from the bottom home. High ceilings and open beam make this home feel very airy. Ample parking on grassy side area for cars or boat. Low maintenance yard. AS IS sale. Beds/Baths may not match tax records.
Past Activity
  • Apr 19, 2023 Sold for $810,000
  • Jan 22, 2023 Under Contract
  • Dec 30, 2022 Back to Active
  • Dec 22, 2022 Under Contract
  • Dec 02, 2022 Listed at $829,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $831
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone AH
  • View: Mountain, Other
  • Furnished: None
  • Property Condition: Fair
  • Security Features: Key
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Wall/Fence
  • TMK: 1-4-3-81-23-2
  • Tax Assessed Land: $847,200
  • Tax Assessed Improvements: $116,300
  • Tax Assessed Total: $963,500
  • Courtesy: Coldwell Banker Realty / (808) 261-3314
  • MLS: 202224922
About Koolaupoku
See this aerial video of Koolaupoku homes.

An overall view of Koolaupoku neighborhood must begin with its unique surroundings. 2 sides, the east and south, touch on other Kailua neighborhoods, as would be expected. The remaining borders, though, are purely natural features. On the north, the waters of the Kawainui Canal make up the entire boundary, while the western end stops at the untouched Kawainui Regional Park. Those aren't the only nature scenes that residents enjoy regularly, either.

This area is also famous for 'Duck Road', the nickname locals have given Kainui Road. This wide av  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 28, 2026.Information is deemed reliable but not guaranteed.
Other Koolaupoku Homes
$1,199,000
813 Maluniu Ave
4 Bds | 1 Ba
1,012 ft²
$1,730,000
839 Oneawa St
6 Bds | 3 Ba
2,884 ft²
$2,300,000
905 Kainui Dr
6 Bds | 6 Ba
3,074 ft²
$2,600,000
673 N Kalaheo Ave
8 Bds | 4 Ba
4,090 ft²
Other Oahu Homes
Ewa Gentry
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91-1001 Keaunui Dr#136
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Maili
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87-1086 Anaha St
3 Bds | 2.5 Ba
1,607 ft²
Maili
$828,000
87-1777 Mohihi St
5 Bds | 2 Ba
1,350 ft²
Ewa Gentry
$830,000
91-698 Makalea St#118
4 Bds | 2.5 Ba
1,476 ft²
Lualualei
$825,000
86-162 Kawili St
5 Bds | 4.5 Ba
1,596 ft²
Kaneohe Bay
$820,000
45-151 Kokokahi Pl
2 Bds | 1 Ba
860 ft²
  • Sold 4/19/23 at $810,000
    (List Price: $829,000)
Description
Lucky Buyer! Single Family Home listed BELOW TAX ASSESSED value for land at only $829,000 in Kailua! Opportunity knocks on this fully enclosed cottage near to Kailua town, shops, restaurants, entertainment, beach, and parks. Renovate to make it your own or create your own dream home/investment. Cozy one bedroom downstairs with lanai area and open concept living. Check out the separate great upstairs unit! Beautiful Kawainui Marsh views from the upstairs unit and lovely mountain views from the bottom home. High ceilings and open beam make this home feel very airy. Ample parking on grassy side area for cars or boat. Low maintenance yard. AS IS sale. Beds/Baths may not match tax records.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 28, 2026.Information is deemed reliable but not guaranteed.
    • Apr 19, 2023 Sold for $810,000
    • Jan 22, 2023 Under Contract
    • Dec 30, 2022 Back to Active
    • Dec 22, 2022 Under Contract
    • Dec 02, 2022 Listed at $829,000
    See this aerial video of Koolaupoku homes.

    An overall view of Koolaupoku neighborhood must begin with its unique surroundings. 2 sides, the east and south, touch on other Kailua neighborhoods, as would be expected. The remaining borders, though, are purely natural features. On the north, the waters of the Kawainui Canal make up the entire boundary, while the western end stops at the untouched Kawainui Regional Park. Those aren't the only nature scenes that residents enjoy regularly, either.

    This area is also famous for 'Duck Road', the nickname locals have given Kainui Road. This wide av  ... Read more
    Other Koolaupoku Homes
    $1,199,000
    813 Maluniu Ave
    4 Bds | 1 Ba
    1,012 ft²
    $1,730,000
    839 Oneawa St
    6 Bds | 3 Ba
    2,884 ft²
    $2,300,000
    905 Kainui Dr
    6 Bds | 6 Ba
    3,074 ft²
    $2,600,000
    673 N Kalaheo Ave
    8 Bds | 4 Ba
    4,090 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.