Hawaii Living

451 Lanae Way (Kalama Tract & Coconut Grove)

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Photo 1 of 451 Lanae Way, Kailua
451 Lanae Way, Kailua
Selling or Buying in Kalama Tract & Coconut Grove?
Description
Rare opportunity to own a stunning BRAND NEW construction home in Kailua. Enjoy multi-generational living with the ability to have your own space. Charm meets elegance with this solidly built 2-story home with 2 kitchens, a wetbar, 2 electric meters, an attached 2/1 accessory dwelling unit and 2 laundry areas! This immaculate home features contemporary design, quality finishings, an open floor plan and abundant natural light. 3 bed/1 bath on the first level. 4 bed/2 bath on the second level, 2 bed/1 bath in the ADU. Other features include split a/c, granite & quartz countertops, stainless steel appliances, pantry, covered lanai, luxury vinyl & porcelain tile floors, ceiling fans, automatic water sprinkler, and more! Short distance to popular Kailua beach. Enjoy your best living in Kailua!
Past Activity
  • Jan 15, 2026 Off Market
  • Dec 12, 2025 Listed at $2,495,000
  • Aug 31, 2025 Off Market
  • Apr 24, 2025 Listed at $2,565,000
  • Jan 01, 2023 Off Market
  • Sep 16, 2022 Off Market
  • May 13, 2022 Price $2,850,000
  • Apr 22, 2022 Listed at $3,100,000
  • May 11, 2021 Sold for $1,890,000
  • Mar 09, 2021 Under Contract
  • Feb 12, 2021 Listed at $1,950,000
  • Mar 09, 2020 Sold for $725,000
  • Nov 21, 2019 Under Contract
  • Nov 13, 2019 Listed at $750,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $606
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • View: Mountain, Sunrise
  • Furnished: None
  • Property Condition: Excellent
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Patio/Deck, Storage
  • TMK: 1-4-3-63-44-0
  • Tax Assessed Land: $742,000
  • Tax Assessed Improvements: $359,200
  • Tax Assessed Total: $1,101,200
  • Courtesy: Pacific Century Realty
  • MLS: 202103885
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 20, 2026.Information is deemed reliable but not guaranteed.
Other Kalama Tract & Coconut Grove Homes
$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
$2,175,000
185 Ulupa St
4 Bds | 3 Ba
1,532 ft²
$2,199,000
Other Oahu Homes
Makakilo
$1,950,000
92-1306 Hauone St
4 Bds | 3.5 Ba
2,612 ft²
Kaimuki
$1,950,000
3741 Harding Ave
7 Bds | 5 Ba
2,799 ft²
Tantalus
$1,950,000
156 Forest Ridge Way
4 Bds | 3 Ba
3,094 ft²
St. Louis Heights
$1,950,000
2640 Peter St
6 Bds | 5 Ba
2,936 ft²
Mariners Valley
$1,925,000
7161 Waioli Pl
6 Bds | 3.5 Ba
3,344 ft²
Pupukea
$1,975,000
59-450 Alapio Rd#B1
4 Bds | 2 Ba
1,600 ft²
  • Sold 5/11/21 at $1,890,000
    (List Price: $1,950,000)
Description
Rare opportunity to own a stunning BRAND NEW construction home in Kailua. Enjoy multi-generational living with the ability to have your own space. Charm meets elegance with this solidly built 2-story home with 2 kitchens, a wetbar, 2 electric meters, an attached 2/1 accessory dwelling unit and 2 laundry areas! This immaculate home features contemporary design, quality finishings, an open floor plan and abundant natural light. 3 bed/1 bath on the first level. 4 bed/2 bath on the second level, 2 bed/1 bath in the ADU. Other features include split a/c, granite & quartz countertops, stainless steel appliances, pantry, covered lanai, luxury vinyl & porcelain tile floors, ceiling fans, automatic water sprinkler, and more! Short distance to popular Kailua beach. Enjoy your best living in Kailua!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 20, 2026.Information is deemed reliable but not guaranteed.
    • Jan 15, 2026 Off Market
    • Dec 12, 2025 Listed at $2,495,000
    • Aug 31, 2025 Off Market
    • Apr 24, 2025 Listed at $2,565,000
    • Jan 01, 2023 Off Market
    • Sep 16, 2022 Off Market
    • May 13, 2022 Price $2,850,000
    • Apr 22, 2022 Listed at $3,100,000
    • May 11, 2021 Sold for $1,890,000
    • Mar 09, 2021 Under Contract
    • Feb 12, 2021 Listed at $1,950,000
    • Mar 09, 2020 Sold for $725,000
    • Nov 21, 2019 Under Contract
    • Nov 13, 2019 Listed at $750,000
    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
    $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
    $2,175,000
    185 Ulupa St
    4 Bds | 3 Ba
    1,532 ft²
    $2,199,000
     
    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.