Hawaii Living


Ka Malanai@Kailua #8207 (Kailua Town)

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361 Kailua Road #8207, Kailua
This property was sold November 20, 2020 for $859,000
Description
RUN DON'T WALK or this "priced to sell" unit will be SOLD! BUILDING 8 is the most desirable unit @ Ka Malanai in Kailua. Built in 2017, this pristine unit has mountain and sunrise views from the lanai, living room & master bedroom. Pet-friendly complex with secured elevator, BBQ amenities, landscaped surroundings, guest parking area, outdoor secured storage for bikes, boards and kayaks. Farmer's markets, supermarkets, restaurants, bars, gyms, Whole Foods & Target are all just a short stroll from your front door! The grassy garden and BBQ area below is a later afternoon/early evening gathering spot for residents, kids, and their dogs seeking a shady spot to relax! A real community feeling in this particular building!
Past Activity
  • Nov 20, 2020 Sold @ $859K
  • Oct 29, 2020 In Escrow
  • Oct 19, 2020 Listed @ $869K
More Details
  • HOA Fees / Interior Sf: $0.47
  • Price / Interior Sf: $675
  • HOA Fees Include: Other Common Expenses, Sewer, Water
  • Owner, Tax & Resale History: Click here
  • Zoning: 12 - A-2 Medium Density Apartme
  • Elementary School: Kailua
  • Middle School: Kailua
  • High School: Kailua
  • View: Garden, Mountain, Sunrise
  • Owner Occupancy: 76%
  • Management Company: Hawaiiana
  • Security Features: Keyed Elevator, Security Patrol
  • Amenities: BBQ, Patio/Deck, Security Guard, Trash Chute, Walking/Jogging Path, Wall/Fence
  • TMK: 1-4-2-1-70-47
  • Tax Assessed Land: $216,100
  • Tax Assessed Improvements: $646,800
  • Tax Assessed Total: $862,900
  • Courtesy: eXp Realty
  • MLS: 202027520
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 24, 2020. Information is deemed reliable but not guaranteed.
About Ka Malanai@Kailua
  • Built in 2014, 1 - 3BR, Pets: OK (verify). 
  • Ameneties include Exercise Room and Resident Manager.
  • Located in Kailua Town, being the newest condo complex in Kailua with high efficiency central AC and much more. 

See this aerial video of Ka Malanai at Kailua 

About Ka Malanai at Kailua
There was a lot of excitement when Ka Malanai at Kailua from the moment it was announced, and for good reason. First, just because it was actually happening. This was, after all, the first new residential construction in Kailua for at least 2 decades.

It was also because it gave homebuyers a relatively more affordable option in a place where real estate prices have outpaced even Hawaii's hot market. We say relatively because these aren't 'affordable properties' in the strict sense. These are very nice residences with enticing layouts right in central Kailua.

Those layouts break down this way, in alphabetical order:

Sold 11/20/20 at

$859,000

(List Price: $869,000)

Living

1,287 sqft

Baths

2

Beds

2

 
 
    Description
    RUN DON'T WALK or this "priced to sell" unit will be SOLD! BUILDING 8 is the most desirable unit @ Ka Malanai in Kailua. Built in 2017, this pristine unit has mountain and sunrise views from the lanai, living room & master bedroom. Pet-friendly complex with secured elevator, BBQ amenities, landscaped surroundings, guest parking area, outdoor secured storage for bikes, boards and kayaks. Farmer's markets, supermarkets, restaurants, bars, gyms, Whole Foods & Target are all just a short stroll from your front door! The grassy garden and BBQ area below is a later afternoon/early evening gathering spot for residents, kids, and their dogs seeking a shady spot to relax! A real community feeling in this particular building!
      The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 24, 2020. Information is deemed reliable but not guaranteed.
      • Nov 20, 2020 Sold @ $859K
      • Oct 29, 2020 In Escrow
      • Oct 19, 2020 Listed @ $869K
      • Built in 2014, 1 - 3BR, Pets: OK (verify). 
      • Ameneties include Exercise Room and Resident Manager.
      • Located in Kailua Town, being the newest condo complex in Kailua with high efficiency central AC and much more. 

      See this aerial video of Ka Malanai at Kailua 

      About Ka Malanai at Kailua
      There was a lot of excitement when Ka Malanai at Kailua from the moment it was announced, and for good reason. First, just because it was actually happening. This was, after all, the first new residential construction in Kailua for at least 2 decades.

      It was also because it gave homebuyers a relatively more affordable option in a place where real estate prices have outpaced even Hawaii's hot market. We say relatively because these aren't 'affordable properties' in the strict sense. These are very nice residences with enticing layouts right in central Kailua.

      Those layouts break down this way, in alphabetical order:

       
      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 more about Oahu property taxes here.