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518 Ulumalu St (Olomana)

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518 Ulumalu St, Kailua
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Description
Located in highly desirable Pohakupu neighborhood, lies this rare multi-family home. Conveniently located for commuters, with a neighborhood park just down the street. Views of Mt. Olomana and the majestic Ko'olau Mountain range behind. The main house is 3 bedrooms, 2 baths, and features an open kitchen, laundry room, and extra bonus rooms for office or nursery. Down a gated walkway to it's own private backyard, lies the detached LEGAL ADU 1/1 Cottage. Being a legal ADU, you can use the rental income to help you qualify with your Lender. Fully fenced in for pets, with beautiful landscaping and fruit trees, 2 storage sheds, and 22 Leased PV panels to keep electric bills down. This is your chance to get into Kailua and keep your mortgage payments down with the rental income, or great for extended family living. Don't let this one pass you by! Make this your new home today!!!
Past Activity
  • Aug 05, 2024 Sold for $1,550,000
  • Jul 08, 2024 Price $1,550,000
  • Jul 03, 2024 Under Contract
  • Jun 24, 2024 Listed at $1,495,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $775
  • Year Remodeled: 2019
  • Zoning: 04 - R-7.5 Residential District
  • Flood Zone: Zone X
  • Elementary School: Maunawili
  • Middle School: Kailua
  • High School: Kailua
  • View: Mountain
  • Property Condition: Above Average
  • Amenities: Patio/Deck, Storage, Wall/Fence, Workshop
  • TMK: 1-4-2-31-3-0
  • Tax Assessed Land: $1,230,000
  • Tax Assessed Improvements: $171,400
  • Tax Assessed Total: $1,401,400
  • Courtesy: Coldwell Banker Realty / (808) 262-3104
  • MLS: 202414810
Good to Know
See this video of homes around Old Kalanianaole Rd (Norfolk), which technically is an area of its own, but we have lumped with the Olomana neighborhood.

Kailua has a certain character that is evident in its every neighborhood. It's a special local-style grace that makes the Windward Side so attractive to homebuyers. Still, if you look a little closer, the different neighborhoods will reveal that each also has their own qualities and identity that set each apart. Two neighborhoods, Olomana and Norfolk, though separated by a car ride of two minutes or less, might be the best examples of the v  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
Other Olomana Homes
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1226 Ulupuni St
4 Bds | 2 Ba
2,112 ft²
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1564 Ulupuni St
7 Bds | 4 Ba
3,556 ft²
Other Hawaii Homes
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2825 Kauhale St
2 Bds | 2 Ba
1,225 ft²
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252 Halenani Dr
9 Bds | 5 Ba
2,908 ft²
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84 Koani Lp
3 Bds | 2 Ba
2,058 ft²
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20 Kohulike Way
3 Bds | 3 Ba
1,466 ft²
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3370 KALUA MOA RD
4 Bds | 2 Ba
2,512 ft²
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6390 KALAMA RD
1 Bd | 1 Ba
1,200 ft²
  • Sold 8/5/24 at $1,550,000
    (List Price: $1,550,000)
Description
Located in highly desirable Pohakupu neighborhood, lies this rare multi-family home. Conveniently located for commuters, with a neighborhood park just down the street. Views of Mt. Olomana and the majestic Ko'olau Mountain range behind. The main house is 3 bedrooms, 2 baths, and features an open kitchen, laundry room, and extra bonus rooms for office or nursery. Down a gated walkway to it's own private backyard, lies the detached LEGAL ADU 1/1 Cottage. Being a legal ADU, you can use the rental income to help you qualify with your Lender. Fully fenced in for pets, with beautiful landscaping and fruit trees, 2 storage sheds, and 22 Leased PV panels to keep electric bills down. This is your chance to get into Kailua and keep your mortgage payments down with the rental income, or great for extended family living. Don't let this one pass you by! Make this your new home today!!!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Aug 05, 2024 Sold for $1,550,000
    • Jul 08, 2024 Price $1,550,000
    • Jul 03, 2024 Under Contract
    • Jun 24, 2024 Listed at $1,495,000
    See this video of homes around Old Kalanianaole Rd (Norfolk), which technically is an area of its own, but we have lumped with the Olomana neighborhood.

    Kailua has a certain character that is evident in its every neighborhood. It's a special local-style grace that makes the Windward Side so attractive to homebuyers. Still, if you look a little closer, the different neighborhoods will reveal that each also has their own qualities and identity that set each apart. Two neighborhoods, Olomana and Norfolk, though separated by a car ride of two minutes or less, might be the best examples of the v  .....
    Read more.


    Other Olomana Homes
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    1226 Ulupuni St
    4 Bds | 2 Ba
    2,112 ft²
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    1564 Ulupuni St
    7 Bds | 4 Ba
    3,556 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.