Hawaii Living

237 Ilihau St (Aikahi Park)

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Photo 1 of 237 Ilihau St, Kailua
237 Ilihau St, Kailua
Selling or Buying in Aikahi Park?
Description
Great investment property with $53,000 in rental income and more. Aikahi Park is Kailua's most sought out neighborhood. This 4 bedrooms, 2 full upgraded baths, single level house has an extra-large family room, living room and nice updated kitchen. Beautifully landscaped yard, spacious layout with a warm inviting feel of its 7,500sf lot. This property is in an award-winning school district and within walking distance to the park/playground, school, beach and shopping. It is also a short distance to Kaneohe Marine Base and H-3.
Past Activity
  • Mar 01, 2019 Sold for $1,205,000
  • Jan 31, 2019 Under Contract
  • Jan 14, 2019 Listed at $1,249,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $547
  • Year Remodeled: 1970
  • Zoning: 04 - R-7.5 Residential District
  • Flood Zone: Zone X
  • Elementary School: Aikahi
  • Middle School: Kailua
  • High School: Kalaheo
  • View: Garden, Mountain, Sunrise
  • Furnished: None
  • Property Condition: Above Average,Excellent
  • Security Features: Key
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Patio/Deck, Storage, Wall/Fence
  • TMK: 1-4-4-4-5-0
  • Tax Assessed Land: $960,000
  • Tax Assessed Improvements: $196,200
  • Tax Assessed Total: $1,156,200
  • Courtesy: Beachside Island Homes LLC
  • MLS: 201901091
About Aikahi Park
See this aerial video of Aikahi Park homes.

Aikahi Park is one of those neighborhoods everyone wants to get into, so the average times these Kailua homes are on the market isn't long. What's the attraction?

A shorter list would be what isn't, so much is going for the residents here. Located near Kaneohe Marine Corp Base, you'll encounter more than a few active duty and retired military who like that proximity. It's also next to H3, so commuting or just getting around is easy. You're on the highway and off and running in no time at all.

Families with children are drawn here by ano  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 27, 2026.Information is deemed reliable but not guaranteed.
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  • Sold 3/1/19 at $1,205,000
    (List Price: $1,249,000)
Description
Great investment property with $53,000 in rental income and more. Aikahi Park is Kailua's most sought out neighborhood. This 4 bedrooms, 2 full upgraded baths, single level house has an extra-large family room, living room and nice updated kitchen. Beautifully landscaped yard, spacious layout with a warm inviting feel of its 7,500sf lot. This property is in an award-winning school district and within walking distance to the park/playground, school, beach and shopping. It is also a short distance to Kaneohe Marine Base and H-3.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 27, 2026.Information is deemed reliable but not guaranteed.
    • Mar 01, 2019 Sold for $1,205,000
    • Jan 31, 2019 Under Contract
    • Jan 14, 2019 Listed at $1,249,000
    See this aerial video of Aikahi Park homes.

    Aikahi Park is one of those neighborhoods everyone wants to get into, so the average times these Kailua homes are on the market isn't long. What's the attraction?

    A shorter list would be what isn't, so much is going for the residents here. Located near Kaneohe Marine Corp Base, you'll encounter more than a few active duty and retired military who like that proximity. It's also next to H3, so commuting or just getting around is easy. You're on the highway and off and running in no time at all.

    Families with children are drawn here by ano  ... Read more
    Other Kailua Homes
    $1,275,000
    360 Hualani St##C
    5 Bds | 3 Ba
    1,364 ft²
    $1,275,000
    1540 Akake Pl
    4 Bds | 2 Ba
    1,598 ft²
    $1,295,000
    368 Keolu Dr
    5 Bds | 3 Ba
    1,784 ft²
    $1,200,000
    557 Kipuka Pl
    3 Bds | 1 Ba
    892 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.