Hawaii Living

158 Kapaa St (Kalama Tract & Coconut Grove)

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Photo 1 of 158 Kapaa St, Kailua
158 Kapaa St, Kailua
Selling or Buying in Kalama Tract & Coconut Grove?
Description
Amazing opportunity to own this wonderful 4 bed/2 bath property with a beautiful salt water pool and 24 leased PV panels! Large storage shed/workshop. Fully enclosed yard, and fully enclosed pool area. Less than a block from the beach (Kalama Beach), and a very short walk/bike ride to Kailua Town with all its many restaurants/eateries, shops, grocery stores, banks, medical care, schools, and more, including Whole Foods, California Pizza Kitchen, Longs, and Target, as well as many popular local establishments. The home is divided into two areas, each with a separate entry, perfect for multi-generational living or for guests. Each area has 2 bedrooms and 1 bathroom. Must see to appreciate all options!
Past Activity
  • May 13, 2024 Sold for $2,100,000
  • Apr 18, 2024 Under Contract
  • Mar 24, 2024 Price $2,100,000
  • Mar 24, 2024 Back to Active
  • Feb 27, 2024 Under Contract
  • Feb 05, 2024 Price $2,350,000
  • Nov 20, 2023 Listed at $2,500,000
  • Feb 23, 2023 Sold for $2,000,000
  • Jan 18, 2023 Under Contract
  • Nov 23, 2022 Listed at $2,095,000
  • Oct 12, 2017 Sold for $1,325,000
  • Sep 14, 2017 Under Contract
  • Aug 09, 2017 Price $1,399,000
  • Jun 20, 2017 Listed at $1,500,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $959
  • Year Remodeled: 2014
  • Zoning: 03 - R10 - Residential District
  • Flood Zone: Zone X
  • View: Mountain
  • Furnished: Partial
  • Property Condition: Above Average
  • Amenities: Bedroom on 1st Floor, Entry, Full Bath on 1st Floor, Landscaped, Other, Patio/Deck, Storage, Wall/Fence
  • TMK: 1-4-3-26-11-0
  • Tax Assessed Land: $1,700,000
  • Tax Assessed Improvements: $153,500
  • Tax Assessed Total: $1,853,500
  • Courtesy: Demarked Realty Hawaii LLC / (808) 352-1664
  • MLS: 202224698
About Kalama Tract & Coconut Grove
See this aerial video of Coconut Grove and Kalama Tract homes.

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 January 10, 2026.Information is deemed reliable but not guaranteed.
Other Kalama Tract & Coconut Grove Homes
$2,175,000
185 Ulupa St
4 Bds | 3 Ba
1,532 ft²
$2,200,000
244 Kihapai St#A
5 Bds | 3 Ba
3,157 ft²
$1,900,000
609 Olomana St
8 Bds | 8 Ba
2,960 ft²
$1,890,000
337 Kihapai St#C
6 Bds | 4.5 Ba
3,088 ft²
Other Kailua Homes
Maunawili
$1,995,000
1193 Kika Pl
4 Bds | 3 Ba
2,632 ft²
Keolu Hills
$1,995,000
1307 Noninui Pl
4 Bds | 2.5 Ba
2,313 ft²
Koolaupoku
$1,790,000
633 Kaha St
4 Bds | 2 Ba
1,885 ft²
Keolu Hills
$2,395,000
1386 Nanialii St
4 Bds | 3 Ba
3,459 ft²
Kailua Estates
$2,499,000
409 Wanaao Rd
4 Bds | 3.5 Ba
2,483 ft²
Kailua Bluffs
$1,488,000
1459 Akamai St
4 Bds | 3 Ba
2,062 ft²
  • Sold 2/23/23 at $2,000,000
    (List Price: $2,095,000)
Description
Amazing opportunity to own this wonderful 4 bed/2 bath property with a beautiful salt water pool and 24 leased PV panels! Large storage shed/workshop. Fully enclosed yard, and fully enclosed pool area. Less than a block from the beach (Kalama Beach), and a very short walk/bike ride to Kailua Town with all its many restaurants/eateries, shops, grocery stores, banks, medical care, schools, and more, including Whole Foods, California Pizza Kitchen, Longs, and Target, as well as many popular local establishments. The home is divided into two areas, each with a separate entry, perfect for multi-generational living or for guests. Each area has 2 bedrooms and 1 bathroom. Must see to appreciate all options!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 10, 2026.Information is deemed reliable but not guaranteed.
    • May 13, 2024 Sold for $2,100,000
    • Apr 18, 2024 Under Contract
    • Mar 24, 2024 Price $2,100,000
    • Mar 24, 2024 Back to Active
    • Feb 27, 2024 Under Contract
    • Feb 05, 2024 Price $2,350,000
    • Nov 20, 2023 Listed at $2,500,000
    • Feb 23, 2023 Sold for $2,000,000
    • Jan 18, 2023 Under Contract
    • Nov 23, 2022 Listed at $2,095,000
    • Oct 12, 2017 Sold for $1,325,000
    • Sep 14, 2017 Under Contract
    • Aug 09, 2017 Price $1,399,000
    • Jun 20, 2017 Listed at $1,500,000
    See this aerial video of Coconut Grove and Kalama Tract homes.

    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
    Other Kalama Tract & Coconut Grove Homes
    $2,175,000
    185 Ulupa St
    4 Bds | 3 Ba
    1,532 ft²
    $2,200,000
    244 Kihapai St#A
    5 Bds | 3 Ba
    3,157 ft²
    $1,900,000
    609 Olomana St
    8 Bds | 8 Ba
    2,960 ft²
    $1,890,000
    337 Kihapai St#C
    6 Bds | 4.5 Ba
    3,088 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.