Kailua Homes Kailua homes for sale range in price from ~$700,000 for a small home on a small lot that needs some serious work in Coconut Grove to about $20,000,000 for the most incredible home in Kailua Beachside (President Obama’s Christmas neighborhood retreat during his presidency). Though Kailua real estate have a wide price range and the neighborhoods are noticeably different in many aspects, one thing they all have in common: A laid-back charming feel hard to find elsewhere on Oahu.
In the following we will review the real estate in Kailua - specifically several Kailua single-family home neighborhoods. If you want more details on condos or townhomes visit our Kailua condos & townhomes for sale page.
Beachside: The name alone tells you what you've got here is beach estates. Even better, they line some of the most magnetic sands in Hawaii - Kailua Beach. These are some of the most expensive beachfront properties on Oahu.
Lanikai: Exclusive beach side community just south of Kailua Beach, its homes made even more valuable because there are so few of them. As you can imagine, both the sands and the ocean views are unforgettable. In keeping with its exclusivity, the streets are narrow, with just one that gets you in and out of the neighborhood.
Kailua Bluffs: The houses here are contemporary in style, with a more uniform look than other areas. Significantly, it has underground utilities, uncommon in Kailua, so there's a clean, uncluttered look overall. There are a few duplexes, found on the western end of Kahako St.
Enchanted Lake: Well-known neighborhood encircling a freshwater lake. The lakefront houses look out on the calming waters, which, though a smaller body, can accommodate some boating usage.
Kailua Estates: Most lots are in the 10,000 to 16,000 sq ft range, which is large for homes in Kailua. These generous proportions extend to the wider streets as well. Kakahiaka and Awina Streets are especially notable, because of the canal that runs by them, giving some homeowners a backyard vista of flowing waters.
Kawailoa: Small collection of homes in Kailua whose selling points must begin with the fact that they're right next to Kailua Beach Park! Some are built against the hillside, high enough to have incredible views of the Pacific Ocean and that #1 beach. Lots generally are 4,500 to 6,000 sq ft in size. Don't confuse this neighborhood with the North Shore neighborhood that has the same name.
Hillcrest & Keolu Hills: These 2 areas are very close together, both being hillside communities found east of Keolu Dr, above Enchanted Lake. Up here the breezes are cool and plentiful. The views are good, too, looking towards the town side of Kailua as well as the ocean.
Kalama Tract: If you know the area, you know that Kalama Tract's location along N Kalaheo Ave puts it just one block from Kailua Beach! That makes for not only perfect access, it's also the kind of real estate that often pays back its investment. As a place to live, you'll enjoy a quiet, serene place where you'll brake often for ducks crossing the road. Everybody goes to the beach here.
Kaimalino: We travel to the north side of Kailua Bay, near Kaneohe MCBH, to find these large lots, typically starting at 10,000 sq ft. The beaches are a little rockier, but that makes for a quieter ambience, and more privacy, with less outsiders coming to use the sands here. Some houses lie along the canal, while others sit directly on the oceanfront itself.
Maunawili: Part of Kailua’s real estate, but the location makes it feels like it is sort of an area of its own, located between Kailua and Kaneohe. The dominant hue in Maunawili, unmistakably, is Green. You live in the lushness of the mountains where life grows freely all around you. The cooler climes also bring more precipitation, which falls regularly, something locals love because it makes for crisp, fresh air and the rich, emerald green flora. There are some large country estate, which range from 10,000 sq ft on up to 2 acres.
About Kailua Kailua is one of Hawaii's classic oceanside communities. Slower moving, quiet - yet lively - and defiantly low-rise in the face of the development that's overtaken so many other parts of the Island. Though there is a central part of town, with a Target, Whole Foods, Foodland and some small strips of shopping, you'd never mistake this for the built up neighborhoods in Honolulu.
Residents are a mix of longtime locals as well as some of the wealthy, and even famous, who love the singularity of this town, along with the absence of anything even resembling pretentiousness.
President Obama makes a point of vacationing here each Christmas and numerous celebrities own, or have owned, homes here. It's not unusual to see a famous face enjoying time in town, dressed in the local uniform of slippers, shorts and t-shirt. They can blend in and, even if they don't, people here give them their space. Star chasing is not pursued in Kailua.
With the perfect weather and some of the best beaches, it's no wonder you'd have more important things on your mind. That 'best beaches' claim is a serious one, considering the stiff competition Oahu has on its shores. It's a legitimate one, though. Kailua Beach famously took the #1 spot repeatedly on Dr. Beach's list of the top stretches of sand. It was finally retired from competition because of its dominance. You know you've got something good when they have to take your name out of contention.
In keeping with the locals' low-rise preference, Kailua real estate are mainly houses, with just a few condos or townhomes in the mix. The lack of upward building and the obvious attractions of the town have raised the pricing on homes for sale in Kailua.
Kailua has successfully maintained its genteel, small town feel despite the overwhelming growth in development almost everywhere else on Oahu. While this has raised home prices, it has preserved a special character that evokes the Old Hawaii where life was taken in stride. There's an understanding that a faster pace doesn't necessarily improve the quality of the day.
Although Kailua faces continued challenges ahead about its future, with so many developers eager to enter the city limits, if one had to place a bet, it would be that this town would be the one to stand firm. From a real estate perspective that will raise the home values, but, more importantly, it would prove that a special neighborhood like this one can be protected and preserved.
Kailua History Kailua has been occupied almost from the first arrival of the Polynesian settlers, archeologists believing that this was home to early Hawaiians at least 1,500 years ago. They lived primarily around Kawanui Marsh, subsisting mainly on fish & seafood as the land couldn't be cultivated at the time. The community would remain small until the Ali'i moved their Oahu center here from Waikiki in the 16th Century. The numerous heiau sites that survived are a testament to the importance of the area.
Over the centuries developments in land use and farming techniques occurred, fufilling the area's agricultural potential. Sugar, taro and rice were staple crops, feeding an also growing population. Starting in the 1800's, the focus would turn to cattle raising, which peaked under the ownership of businessman James Castle. His Kaneohe Ranch dominated the Windward Side of Oahu, covering a vast territory that was all pasturelands. In the 1940's, though, his son Harold would make a move that would change Kailua real estate forever.
In 1942, Harold Castle closed down Kaneohe Ranch, recognizing the change coming to the modernizing and emerging Hawaii. This freed up thousands of acres of land that developers would build today's town upon. The Castles also donated large tracts of their land to schools, hospitals and churches to serve this side of Oahu, many of which still bear their name today.
Kailua homes, especially in the post-war years, sprung up quickly, which created a large community around the existing small town. This only accelerated once the Pali Highway and Tunnels were finished in the 1950's, linking Metro Honolulu to the Windward Side like never before. Previously motorists had to take a slow, winding road over the Koolaus to reach the other side. Now, commuting was possible on a large scale so houses in Kailua were newly available to those working in the city and they took advantage.
Kailua is still going through growing pains today as they try to preserve that small town feeling in the face of development and tourism. Having the 'Best Beach in America' doesn't help, either. Changes may come, but there will always be something uniquely its own present. That is the fact that life is just taken a little differently here than it is on the other side of the Koolaus; and that makes all the difference.
Kailua Houses - Trends & Statistics
The price range of houses for sale in Kailua is $589K to $26M with a median price of $1.41M, median interior of 2,054sf and median land size of 9,719sf.
The median price of houses sold in Kailua year-to-date (Jan 21, 2018) is $1.02M. In previous years it was $1.1M (2017), $1.1M (2016), $1M (2015), $947K (2014), $895K (2013), $795K (2012), $792K (2011), $776K (2010), $760K (2009), $775K (2008), $810K (2007).
9 houses have sold in Kailua year-to-date (Jan 21, 2018). In previous years, the total number of houses sold were 303 (2017), 302 (2016), 283 (2015), 276 (2014), 310 (2013), 285 (2012), 265 (2011), 288 (2010), 234 (2009), 242 (2008), 305 (2007).
On average Kailua houses were on the market for 62 days before they were sold (Jan 21, 2018). In previous years it was 47 days (2017), 92 days (2016), 84 days (2015), 89 days (2014), 67 days (2013), 64 days (2012), 57 days (2011), 60 days (2010), 78 days (2009), 76 days (2008), 69 days (2007).
The average days on market for Kailua houses before sold were 46 days December 2017 compared to 91 days December 2016.
The ratio of Kailua houses sales price vs list price were 97.9% December 2017 compared to 97.1% December 2016.
22 Kailua houses were sold December 2017 compared to 24 houses sold December 2016.
The total dollar volume of houses currently for sale in Kailua is $343.22M and the sold dollar volume year-to-date (Jan 21, 2018) is $9.72M. In previous years sold dollar volume was $402.91M (2017), $424.05M (2016), $359.26M (2015), $361.96M (2014), $360.96M (2013), $292.51M (2012), $253.84M (2011), $277.07M (2010), $222.25M (2009), $273.22M (2008), $321.47M (2007).
The most recent sale in Kailua was a house located at 41-1200 Waikupanaha Street, sold for $1.4M on Jan 19, 2018. It had 2625sf of interior. 9 other recent sales include: 41-603 Inoaole Street (2,316sf) sold for $462K on 1/19/2018. 531A Kawailoa Road (2,286sf) sold for $1.27M on 1/19/2018. 1353 Lekeona Street (1,220sf) sold for $828K on 1/19/2018. 142 Maluniu Drive (1,763sf) sold for $1.02M on 1/18/2018. 620 Auwai Street (1,204sf) sold for $919K on 1/17/2018. 949 Kahili Street (2,040sf) sold for $1.14M on 1/12/2018. 328 Manae Street (900sf) sold for $835K on 1/8/2018. 671 Wanaao Road (4,862sf) sold for $1.61M on 1/4/2018. 619 Olomana Street (1,128sf) sold for $785K on 1/4/2018.
45 of the houses have ocean views and 82 have mountain views.