561 Kawainui ST #B, Kailua, HI 96734
Listed by Island Living Homes
Bought with SquareTerra

$1,575,000

$1,600,000

1.6%
Est.Price: ?

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Est. payment /mo

5 Beds

2 Baths

2,260 SqFt


SOLD DATE : 01/20/2026

Key Details

Sold Price $1,575,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,260 sqft

Price per Sqft $696

Subdivision Coconut Grove

MLS Listing ID 202518717

Sold Date 01/20/26

Style Detached

Bedrooms 5

Full Baths 2

Construction Status Good Condition,Updated/Remodeled

HOA Y/N No

Year Built 1954

Annual Tax Amount $3,192

Property Sub-Type Single Family Residence

Property Description

Rare 2.75% VA Assumable Opportunity in Kailua! Fall in love w/ this beautifully renovated home featuring a flexible floor plan perfect for multi-generational living or rental income. Main home offers a large open kitchen/living area, 3 bedrooms / 1 bath, LVP flooring & vinyl windows throughout. Attached is a spacious 2 bedroom/1 bath unit w/ its own kitchenette, laundry room and private backyard - ideal as a rental, guest suite, or extended Ohana space. Every detail has been updated - the home underwent a complete renovation in 2021, including splits, flooring, kitchens, and baths, and a new roof was installed in 2023. A large enclosed workshop off the 2-car carport provides room for tools, surfboards, bikes & all your lifestyle gear. The location is hard to beat - a short stroll to shops, restaurants & a quick bike or walk to world-famous Kailua Beach. Don't miss your chance to secure this low 2.75% rate & enjoy the best of island living! PI pmt/mo is $5860 & current Gap is ~$281k. Secondary financing may reduce Gap to ~$160k. Recently producing $6,700/mo rental income, Open Sat, Oct 18th 10AM-1PM.

Location

State HI

County Oahu

Area Kailua

Interior

Interior Features Bedroom on Main Level, Full Bath on Main Level

Flooring Vinyl

Furnishings Unfurnished

Fireplace No

Exterior

Parking Features Three or more Spaces

Pool None

Utilities Available Other, Water Available

Waterfront Description Other

View Y/N Yes

View Mountain(s)

Total Parking Spaces 3

Building

Lot Description Cleared, Interior Lot, Level

Entry Level One

Water Public

Architectural Style Detached

Level or Stories One

New Construction No

Construction Status Good Condition,Updated/Remodeled

Schools

Elementary Schools Kailua

Middle Schools Kailua

High Schools Kalaheo

Others

Tax ID 1-4-3-059-038-0000

Financing Assumed

Special Listing Condition None

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Hawaii Central MLS (HiCentralMLS)

Nearby Locations

Steven Higgins Weimer
Steven Higgins Weimer

Agent | License ID: RS-85158

+1(808) 215-5111 | stevenhw@oceanregroup.com

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