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$1,575,000
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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.
Full Property Details
Full Property Details for 561 Kawainui St #B
General
- Sold For: $1,575,000
- Taxes: $3,192
- Status: Closed
- Type: Single Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202518717
- Added to Site: 150 day(s) ago
Interior
- Interior Features: Bedroom on Main Level, Full Bath on Main Level
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Total Spaces: 3
- Parking Features: Three or more Spaces
Location
- Area: Kailua
- County: Oahu
- Subdivision: COCONUT GROVE
School Information
- Elementary School: Kailua
- Middle School: Kailua
- High School: Kalaheo
Utilities
- Water: Public
- Utility Description: Other, Water Available
Structural Information
- Architectural Style: Detached
- Detached/Attached: Detached
- Construction: Double Wall, Concrete
- Stories/Levels: 1
- Square Feet: 2,260
- Living Area: 2,260 Sq. Ft.
- Year Built: 1954
- Property Condition: Good Condition, Updated/Remodeled
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size: 5004
- Topography: Level
- Lot Features: Cleared, Interior Lot, Level
- Zoning: 05 - R-5 Residential District
Financial Considerations
- Assessment Amount: $1,365,000
- Tax Amount: $3,192
Disclosures and Reports
- Special Conditions: None
- Inclusions: AC Split, Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Heater, Wine Refrigerator
- Disclosures/Reports: Seller Disclosure, See Remarks
- Disclosures/Rstr.: Seller Disclosure, See Remarks
- Property ID: 1-4-3-059-038-0000
Listed by Island Living Homes
Sold by SquareTerra
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Schools
Schools serving 561 Kawainui St #B
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Kailua Elementary School 315 Kuulei Road, Kailua, HI 96734 | PK-6 | 0.5 mi |
Kailua Intermediate School 145 South Kainalu Drive, Kailua, HI 96734 | 7-8 | 0.6 mi |
Kalaheo High School 730 Iliaina Street, Kailua, HI 96734 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 561 Kawainui St #B
Date
Details
Price
Change
Source
1/20/2026
Sold
$1,575,000
-1.56%
MLS
9/09/2025
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
561 Kawainui Street #B, Kailua, HI 96734 (MLS# 202518717) is a Single Family property that was sold at $1,575,000 on January 20, 2026. Want to learn more about 561 Kawainui Street #B? Do you have questions about finding other Single Family real estate for sale in Kailua? You can browse all Kailua real estate or contact a Coldwell Banker agent to request more information.

