507 Kawailoa Rd Unit B Kailua, HI 96734
Estimated payment $16,105/month
Highlights
- Parking available for a boat
- Maid or Guest Quarters
- Main Floor Bedroom
- Kailua Intermediate School Rated A-
- Wood Flooring
- Building Patio
About This Home
Steps from Kailua Beach, this craftsman style beach house has a separate duplex with strong rental income potential. Live in the vaulted ceiling, dutch door, gorgeous 1 bedroom 1 bath home and rent out the two 3 bed 2 bath units! One more bonus is the converted garage on the cottage which has been modified into a cute 1 bed 1 bath space. This self-contained space offers additional flexibility, whether you wish to host guests, create a private office, or rent it out for additional income. With separate lanai spaces for all 4 living areas, there is privacy for each one. If you would like your own beautiful beach house to call home and enjoy long term income from the other areas, this is what you have been waiting for.
The location is unbeatable—just steps from Kailua Beach, where you can enjoy morning sunrises, pristine waters, wind surfing, canoe club, volleyball and year-round activities. In addition, you’re close to local favorites such as Buzz’s Steakhouse, Kalapawai Market, Bob's Pizza and more.
Whether you plan to live in the cottage and rent out the duplex or make the entire property a part of your investment portfolio, this Kailua gem offers endless possibilities.
Listing Agent
eXp Realty Brokerage Phone: (808) 725-2794 License #RS-76286 Listed on: 09/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,624
Year Built
- Built in 1974
Lot Details
- 7,560 Sq Ft Lot
- Property fronts a private road
- Fenced
- Landscaped
- Level Lot
Home Design
- Duplex
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,388 Sq Ft Home
- 2-Story Property
- Property Views
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- Maid or Guest Quarters
- Bathroom on Main Level
- 6 Full Bathrooms
Parking
- 3 Parking Spaces
- Carport
- Parking available for a boat
Listing and Financial Details
- Assessor Parcel Number 1-4-3-010-026-0000
Community Details
Amenities
- Building Patio
- Community Deck or Porch
- Community Storage Space
Additional Features
- Kawailoa Kailua Subdivision
- Card or Code Access
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,628 | $2,107,200 | $1,277,600 | $829,600 |
| 2024 | $6,628 | $2,053,800 | $1,277,600 | $776,200 |
| 2023 | $9,141 | $2,851,700 | $1,277,600 | $1,574,100 |
| 2022 | $6,364 | $1,958,200 | $1,240,000 | $718,200 |
| 2021 | $4,836 | $1,521,700 | $1,074,700 | $447,000 |
| 2020 | $4,488 | $1,422,200 | $1,074,700 | $347,500 |
| 2019 | $4,891 | $1,517,400 | $1,052,100 | $465,300 |
| 2018 | $4,636 | $1,444,500 | $1,082,200 | $362,300 |
| 2017 | $4,766 | $1,481,800 | $992,000 | $489,800 |
| 2016 | $4,363 | $1,366,700 | $901,800 | $464,900 |
| 2015 | $4,262 | $1,337,800 | $751,500 | $586,300 |
| 2014 | -- | $1,213,700 | $706,400 | $507,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $2,945,000 | -- | $869 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $340,000 | -- | |
| Commissioners Deed | $330,000 | -- | |
| Warranty Deed | $390,000 | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $323,000 | No Value Available | |
| Previous Owner | $306,400 | No Value Available | |
| Closed | $57,450 | No Value Available |
About the Listing Agent
Born into real estate as a 3rd generation Realtor, Sherine started working for a real estate appraiser at age 18 and then started her own mortgage company in her 20s continuing to build that very successful company for 15 years. She has bought and managed many investment properties, developed land, and built two custom homes of her own. She was also the Sales Manager for Fidelity National Title for the State of Hawaii.
This smoothly transitioned into selling homes in Hawaii from 2014 to
Sherine's Other Listings
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202519459
APN: 1-4-3-010-026-0000
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