Hawaii Living

2 Palione Pl (Kailua Beachside)

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Photo 1 of 2 Palione Pl, Kailua
2 Palione Pl, Kailua
Selling or Buying in Kailua Beachside?
Description
Priced at land value only. The house needs major repair. Nice flat beachfront lot with over 11,000 sq ft of property and frontage of over 99 feet. This is a rare find on Kailua beach and the best value to date for beachfront property. Do a major renovation or build your dream home on this private lane! Realtor must be present to enter the house but you may walk the property. Please do not walk on the oceanfront deck. Priced under appraisal!
Past Activity
  • Jun 04, 2021 Sold for $9,000,000
  • Jun 04, 2021 Under Contract
  • Apr 01, 2021 Listed at $9,000,000
  • Apr 01, 2021 Under Contract
  • Sep 28, 2020 Off Market
  • Sep 05, 2020 Off Market
  • Feb 25, 2020 Listed at $9,500,000
  • May 18, 2018 Sold for $4,000,000
  • Sep 23, 2017 Under Contract
  • Sep 12, 2017 Listed at $3,900,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $3,623
  • Zoning: 03 - R10 - Residential District
  • Flood Zone: Zone X
  • View: Ocean, Sunrise
  • Furnished: None
  • Property Condition: Needs Major Repair
  • TMK: 1-4-3-17-61-0
  • Tax Assessed Land: $3,322,800
  • Tax Assessed Improvements: $192,600
  • Tax Assessed Total: $3,515,400
  • Courtesy: Berkshire Hathaway HmSvc HI RE
  • MLS: 201719559
About Kailua Beachside
See this aerial video of Kailua Beachside homes.

Kailua is one of the few true beach towns remaining on Oahu. Located about a 20 minute drive from Honolulu over the Pali Highway, Kailua is loved for its small-town charm, laid back attitude, and beautiful beaches. Although it has a small town feel, it’s actually a fairly large place with a number of neighborhoods, three major shopping center areas, a number of public and private schools, and a hospital.

The Kailua Beachside homes is located in a neighborhood that is one of the most desirable and high-end sections of this town. Locat  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 15, 2026.Information is deemed reliable but not guaranteed.
Other Kailua Beachside Homes
$3,850,000
49 Pilipu Pl
6 Bds | 4.5 Ba
2,682 ft²
$3,600,000
101 Kailuana Pl
4 Bds | 3 Ba
2,136 ft²
$4,295,000
64 White Sands Pl
4 Bds | 3 Ba
2,719 ft²
$2,995,000
824-A N Kalaheo Ave
5 Bds | 4.5 Ba
3,958 ft²
Other Oahu Homes
Lanikai
$4,500,000
926 Aalapapa Dr
3 Bds | 3.5 Ba
1,988 ft²
Kalama Tract & Coconut Grove
$3,450,000
160 Ulupa St
3 Bds | 4 Ba
2,390 ft²
Waimanalo
$2,950,000
41-35 Wailea St
3 Bds | 1 Ba
920 ft²
Kapahulu
$3,900,000
Palolo
$3,888,888
1944 10th Ave#A
4 Bds | 3 Ba
2,904 ft²
Palolo
$3,888,888
1944 10th Ave
4 Bds | 3 Ba
2,904 ft²
  • Sold 5/18/18 at $4,000,000
    (List Price: $3,900,000)
Description
Priced at land value only. The house needs major repair. Nice flat beachfront lot with over 11,000 sq ft of property and frontage of over 99 feet. This is a rare find on Kailua beach and the best value to date for beachfront property. Do a major renovation or build your dream home on this private lane! Realtor must be present to enter the house but you may walk the property. Please do not walk on the oceanfront deck. Priced under appraisal!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 15, 2026.Information is deemed reliable but not guaranteed.
    • Jun 04, 2021 Sold for $9,000,000
    • Jun 04, 2021 Under Contract
    • Apr 01, 2021 Listed at $9,000,000
    • Apr 01, 2021 Under Contract
    • Sep 28, 2020 Off Market
    • Sep 05, 2020 Off Market
    • Feb 25, 2020 Listed at $9,500,000
    • May 18, 2018 Sold for $4,000,000
    • Sep 23, 2017 Under Contract
    • Sep 12, 2017 Listed at $3,900,000
    See this aerial video of Kailua Beachside homes.

    Kailua is one of the few true beach towns remaining on Oahu. Located about a 20 minute drive from Honolulu over the Pali Highway, Kailua is loved for its small-town charm, laid back attitude, and beautiful beaches. Although it has a small town feel, it’s actually a fairly large place with a number of neighborhoods, three major shopping center areas, a number of public and private schools, and a hospital.

    The Kailua Beachside homes is located in a neighborhood that is one of the most desirable and high-end sections of this town. Locat  ... Read more
    Other Kailua Beachside Homes
    $3,850,000
    49 Pilipu Pl
    6 Bds | 4.5 Ba
    2,682 ft²
    $3,600,000
    101 Kailuana Pl
    4 Bds | 3 Ba
    2,136 ft²
    $4,295,000
    64 White Sands Pl
    4 Bds | 3 Ba
    2,719 ft²
    $2,995,000
    824-A N Kalaheo Ave
    5 Bds | 4.5 Ba
    3,958 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.