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232-A Kihapai St (Kalama Tract & Coconut Grove)

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232-A Kihapai St, Kailua
Inquire / Showing / Video Tour
Call agent (808) 352-2469 or use contact form.
We are expert real estate agents who have sold many homes in Kalama Tract & Coconut Grove. We would be happy to assist you too.
Description
Incredible opportunity to own a spacious 2-story home in Kailua! Call your contractor and get ready to customize your future home. Priced well below tax assessed value, this home is awaiting a makeover to bring it back to life. Completely rebuilt in 1991 integrated with rental spaces. Main floor: 3 bedrooms/2 bathrooms with a partially covered lanai; 1st flr interior needs a complete renovation. 2nd floor: 3 bedrooms/2 bathrooms, separate entrances on each side, dedicated laundry area and open floor plan which can easily be converted to partition a studio to increase rental possibilities. In 2019, both bathrooms were completely renovated. Currently tenant occupied til Jan 10, 2025. Some simple landscaping can transform the level yard where a mature avocado tree sits. The carport boasts large storage closets easily accommodating 2 covered parking + 3 more in the driveway and a boat. Perfect for multi-generational families or a single family seeking built-in rental capability. Ride your bicycle or take a stroll down the road to Kailua town. Kalama Beach park is a short 4 min drive, with Kailua and Lanikai Beaches just a few minutes down the coastline.
Recent Activity
  • Dec 19, 2024 Under Contract
  • Dec 19, 2024 Listed at $1,350,000
Past Sales
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $466
  • Year Remodeled: 1991
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone AH
  • Furnished: None
  • Property Condition: Average,Fair
  • Security Features: Key
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck, Storage, Wall/Fence
  • TMK: 1-4-3-60-77-0
  • Tax Assessed Land: $1,064,500
  • Tax Assessed Improvements: $337,500
  • Tax Assessed Total: $1,402,000
  • Courtesy: The LFG Group, Inc. / (808) 258-2870
  • MLS: 202428293
Ask Michelle a Question
Good to Know
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 December 21, 2024.Information is deemed reliable but not guaranteed.
Other Kalama Tract & Coconut Grove Homes
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$1,250,000
619 Olomana St
3 Bds | 2 Ba
1,128 ft²
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$1,495,000
624 Olomana St
4 Bds | 2 Ba
1,570 ft²
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$1,180,000
548 Kuaaina Way
2 Bds | 1 Ba
612 ft²
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$1,524,000
315 Oneawa St
5 Bds | 2.5 Ba
1,632 ft²
Other Hawaii Homes
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$1,350,000
75-265 MALULANI DR
3 Bds | 2.5 Ba
1,666 ft²
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$1,350,000
3950 NIHO RD
3 Bds | 3 Ba
1,636 ft²
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$1,350,000
5192 APELILA ST
3 Bds | 2 Ba
2,016 ft²
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$1,350,000
28-708 KOKOKE KAI PL
5 Bds | 6.5 Ba
3,074 ft²
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$1,350,000
44-4766 WAIKAALULU RD
3 Bds | 3.5 Ba
2,036 ft²
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$1,350,000
217 N Makaleha Pl
3 Bds | 3 Ba
1,774 ft²
  • Asking Price: $1,350,000
Description
Incredible opportunity to own a spacious 2-story home in Kailua! Call your contractor and get ready to customize your future home. Priced well below tax assessed value, this home is awaiting a makeover to bring it back to life. Completely rebuilt in 1991 integrated with rental spaces. Main floor: 3 bedrooms/2 bathrooms with a partially covered lanai; 1st flr interior needs a complete renovation. 2nd floor: 3 bedrooms/2 bathrooms, separate entrances on each side, dedicated laundry area and open floor plan which can easily be converted to partition a studio to increase rental possibilities. In 2019, both bathrooms were completely renovated. Currently tenant occupied til Jan 10, 2025. Some simple landscaping can transform the level yard where a mature avocado tree sits. The carport boasts large storage closets easily accommodating 2 covered parking + 3 more in the driveway and a boat. Perfect for multi-generational families or a single family seeking built-in rental capability. Ride your bicycle or take a stroll down the road to Kailua town. Kalama Beach park is a short 4 min drive, with Kailua and Lanikai Beaches just a few minutes down the coastline.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
    • Dec 19, 2024 Under Contract
    • Dec 19, 2024 Listed at $1,350,000
    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
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    $1,250,000
    619 Olomana St
    3 Bds | 2 Ba
    1,128 ft²
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    $1,495,000
    624 Olomana St
    4 Bds | 2 Ba
    1,570 ft²
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    $1,180,000
    548 Kuaaina Way
    2 Bds | 1 Ba
    612 ft²
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    $1,524,000
    315 Oneawa St
    5 Bds | 2.5 Ba
    1,632 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. However, the sale is still 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.