$2,945,000
OPEN SUN 2PM - 5PM

507 Kawailoa Rd Unit B Kailua, HI 96734

Estimated payment $16,243/month

Total Views 1,337
8 Beds
6 Baths
3,388 Sq Ft
$869 Price per Sq Ft

Highlights

  • Very Popular Property
  • Parking available for a boat
  • Wood Flooring
  • Kailua Intermediate School Rated A-
  • Maid or Guest Quarters
  • Main Floor Bedroom

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

Sherine Duncan

eXp Realty Brokerage Phone: (808) 725-2794 License #RS-76286 Listed on: 09/08/2025

eXp Realty

Co-Listing Agent

Joel Cavasso

eXp Realty Brokerage Phone: (808) 725-2794 License #RB-13463

Open House Schedule

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,624

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Architectural Style: Detached, Multi-Family, Multiplex, Duplex
  • Co List Office Mls Id: EXPI
  • Inclusions: AC Split,AC Window Unit,Attic Fan,Auto Garage Door Opener,Blinds,Book Shelves,Cable TV,Ceiling Fan,Chandelier,Dishwasher,Disposal,Dryer,Lawn Sprinkler,Microwave Hood,Microwave,Range Hood,Range/Oven,Refrigerator,Solar Heater,Washer,Water Heater
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Year Built: 1974
  • Attribution Contact: (808) 725-2794
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Other
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • Co List Office Phone: (808) 725-2794
  • MLS Status: Active
  • Subdivision Name: KAWAILOA-KAILUA
  • Carport Y N: Yes
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Two
  • Living Area: 3388.0
  • New Construction: No
  • Roof: Composition, Other
  • RoomType: Guest Quarters
  • Tax Year: 2025
  • Special Features: OpenHouse

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Concrete, Wood Frame
  • Lot Features: Interior Lot, Other, Level
  • Pool Features: None
  • Property Condition: Good Condition, Updated/Remodeled
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Disclosures: 1031 Exchange, Seller Disclosure
  • Exterior Features: Landscaping

Garage/Parking

  • Parking Features: Boat, Carport, Three or more Spaces
  • Total Parking Spaces: 6.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel Number: 1-4-3-010-026-0000
  • Zoning Description: 04 - R-7.5 Residential District

Tax Info

  • Tax Annual Amount: 6624.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Sale $2,945,000 -- $869 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,000 Credit Line Revolving
Closed $100,000 Credit Line Revolving
Open $550,000 Unknown
Closed $500,000 Credit Line Revolving
Closed $625,500 Unknown
Closed $323,000 No Value Available
Previous Owner $306,400 No Value Available
Closed $57,450 No Value Available
Source: Public Records

About the Listing Agent

Sherine Duncan

eXp Realty

(808) 646-2110

Section Image

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

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202519459

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-010-026-0000