Selling or Buying in Kalama Tract & Coconut Grove?
Description
Charming Kailua Home! Welcome to this delightful single-level 3-bedroom, 1.5-bath home ideally located in Coconut Grove neighborhood. Enjoy the best of Island living just minutes from world-famous Kailua Beach and Lanikai, as well as the shops, cafes, and restaurants that make Kailua Town so special. This inviting home features fresh exterior paint, a brand-new roof, termite tent fumigation done, and a completed property survey, offering peace of mind and great curb appeal. The open single-level layout provides comfort and convenience. Bring your remodeling and decorating ideas to spruce up the interior to your own style. Spacious yard is great for entertaining or just relaxing outdoors. Embrace the vibrant Kailua lifestyle, bike to the beach for sunrise, grab groceries at Whole Foods, or dine at your favorite local spots, all within minutes of home. Whether you're a first-time buyer, investor, or simply looking for your slice of paradise, 550 Olomana Street is the perfect place to call home. Note: One or more photos may have been enhanced.
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 20, 2026.Information is deemed reliable but not guaranteed.
Sold 1/12/26 at $1,200,000 (List Price: $1,195,000)
Description
Charming Kailua Home! Welcome to this delightful single-level 3-bedroom, 1.5-bath home ideally located in Coconut Grove neighborhood. Enjoy the best of Island living just minutes from world-famous Kailua Beach and Lanikai, as well as the shops, cafes, and restaurants that make Kailua Town so special. This inviting home features fresh exterior paint, a brand-new roof, termite tent fumigation done, and a completed property survey, offering peace of mind and great curb appeal. The open single-level layout provides comfort and convenience. Bring your remodeling and decorating ideas to spruce up the interior to your own style. Spacious yard is great for entertaining or just relaxing outdoors. Embrace the vibrant Kailua lifestyle, bike to the beach for sunrise, grab groceries at Whole Foods, or dine at your favorite local spots, all within minutes of home. Whether you're a first-time buyer, investor, or simply looking for your slice of paradise, 550 Olomana Street is the perfect place to call home. Note: One or more photos may have been enhanced.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 20, 2026.Information is deemed reliable but not guaranteed.
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
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.
Property Taxes
Honolulu County Property Tax Info Real property tax rates in Honolulu are based on the property’s tax classification, as determined by the City & County.
Residential (0.35%) Applies to owner-occupied properties with an approved Home Exemption, or to properties with an assessed value under $1,000,000.
Residential A (Tiered) Applies to properties with an assessed value of $1,000,000+ where no Home Exemption is claimed (e.g., second homes, investment properties). First $1,000,000 taxed at 0.40% • Value above $1,000,000 taxed at 1.14%
Home Exemption A fixed deduction ($120,000–$160,000, depending on age) that reduces the taxable assessed value when approved.
