Kailua Estates could be called one of the old kamaaina communities, a label justified by the vintage houses dating from the 1940s and 50s that stand proudly here still. When the first owners moved in, Kailua was a small beachside town, isolated – some would say 'protected' - from Honolulu by the Koolaus in that pre-Pali Tunnel era.
Bordered on the south side by the Enchanted Lake canal, the easiest way to pinpoint this community's location is to stand in front of the Plantation store facade of Kalapawai Market, right at Kailua Beach Park, and look straight mauka. You're staring at Kailua Estates.
It's blindingly obvious that residents have a coveted spot in the town layout. Even those addresses furtherest mauka live within just a very few blocks of the beach. Those most fortunate? They're almost across the street from these world-class sands. You can see why these homes tend to get multiple offers. Who wouldn't want to be able to walk to a beach that regularly causes traffic jams?
Kailua Estates Homes – More Than Just Beach Access They have other things going for them besides the easy commute to the waves. The lot sizes are extremely large, stretching from between 10,000 to 12,000 sq ft of land in this prime location. A few have even more.
In spite of those large lots, there's something important to realize. These Mid-Century homes come from an era when owners left much of their land open, rather than filling it with more house. Kailua Estates homes have excellent dimensions, and some have added on due to remodeling, but these are still primarily residences on a lot. Rather than a lot that's filled with the residence.
It's not difficult to imagine that a home for sale in Kailua Estates tends to sell quickly, easily and for a nice price. In fact, sales are now topping out at from $1M to $1.5M. What's even easier to imagine is the joys and daily rewards that come from strolling to Kailua beach from a home built to enrich your life, not dominate it.
The price range of houses for sale in Kailua Estates is $1.49M to $1.89M with a median price of $1.69M, median interior of 3,008sf and median land size of 8,859sf.
The median price of houses sold in Kailua Estates year-to-date (Jan - Sep 20, 2017) is $1.37M. In previous years it was $1.35M (2016), $1.25M (2015), $1.93M (2014), $1.05M (2013), $1M (2012), $1.06M (2011), $850K (2010), $899K (2009), $777K (2008), $1.04M (2007), $1.13M (2006), $979K (2005), $780K (2004), $645K (2003).
7 houses have sold in Kailua Estates year-to-date (Jan - Sep 20, 2017). In previous years, the total number of houses sold were 7 (2016), 9 (2015), 1 (2014), 6 (2013), 6 (2012), 6 (2011), 7 (2010), 5 (2009), 2 (2008), 8 (2007), 6 (2006), 7 (2005), 10 (2004), 11 (2003).
On average Kailua Estates houses were on the market for 20 days before they were sold (Jan - Sep 20, 2017). In previous years it was 66 days (2016), 88 days (2015), 93 days (2014), 76 days (2013), 44 days (2012), 47 days (2011), 57 days (2010), 89 days (2009), 13 days (2008), 66 days (2007), 77 days (2006), 32 days (2005), 31 days (2004), 47 days (2003).
The average days on market for Kailua Estates houses before sold were 8 days August 2017 compared to 42 days August 2016.
The ratio of Kailua Estates houses sales price vs list price were 102.0% August 2017 compared to 103.4% August 2016.
1 Kailua Estates house was sold August 2017 compared to 2 houses sold August 2016.
The total dollar volume of houses currently for sale in Kailua Estates is $3.39M and the sold dollar volume year-to-date (Jan - Sep 20, 2017) is $9.7M. In previous years sold dollar volume was $10.89M (2016), $11.79M (2015), $1.93M (2014), $6.62M (2013), $6.27M (2012), $6.23M (2011), $6.68M (2010), $4.52M (2009), $1.55M (2008), $8.61M (2007), $6.83M (2006), $6.79M (2005), $8.11M (2004), $7.13M (2003).
The most recent sale in Kailua Estates was a house located at 307 Wanaao Road, sold for $1.2M on Sep 12, 2017. It had 1868sf of interior. 9 other recent sales include: 264 Awakea Road (2,495sf) sold for $1.37M on 8/25/2017. 395 Wanaao Road (2,074sf) sold for $1.45M on 7/10/2017. 104 Mahealani Place (1,514sf) sold for $1.33M on 6/29/2017. 185 Kailua Road (2,630sf) sold for $1.55M on 5/19/2017. (2,451sf) sold for $1.68M on 5/19/2017. 241 Aumoe Road (1,424sf) sold for $1.1M on 3/8/2017. 256 Aumoe Road (1,538sf) sold for $1.35M on 9/1/2016. 180 Aumoe Road (1,912sf) sold for $1.28M on 8/23/2016. 258 Kakahiaka Street (1,992sf) sold for $1.35M on 8/4/2016.