$950,000

599 Keolu Dr Unit B Kailua, HI 96734

Estimated payment $5,575/month

Total Views 1,197
3 Beds
2.5 Baths
1,380 Sq Ft
$688 Price per Sq Ft

Highlights

  • Boat Dock
  • Fitness Center
  • Clubhouse
  • Ka'elepulu Elementary School Rated A-
  • Heated Pool
  • Main Floor Bedroom

About This Home

Back on the Market. Court Ordered Sale. Investors Only as tenant occupied until May 31, 2026. Looking for an investment property with steady cash flow in very good condition. Consider this unit at the waterfront community of Enchanted Lake in Kailua which is peaceful, pet friendly, has resort like amenities and is just minutes to Kailua Town shops and restaurants. For the investor, this townhouse comes with multiple tenants previously earning $8670 per month in gross monthly income.The property floorplan has been modified from current tax records and renovated to maximize rental income (4 beds and 4 associated baths with each room equipped with WIFI enabled security keypad locks). The renovations were completed with high quality materials and substantially performed by licensed contractors. However, the unit is being Sold "As-Is" and is priced accordingly to reflect the unpermitted and non-conforming status of the renovations. Maintenance fees are low and cover a lot including exterior maintenance, roof, siding, lanais and fences, plus common area landscaping, and resort-like amenities such as heated pool, small workout area, and more. HOA has 100% hurricane insurance. Call Today.

Listing Agent

Jon Mann

Hawaii Life Brokerage Phone: (800) 667-5028 License #RB-19922 Listed on: 07/18/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,760

Year Built

  • Built in 1973

Lot Details

  • Fenced
  • Property is in excellent condition

Home Design

  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property
  • Storage
  • Property Views

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • 4 Car Garage
  • Guest Parking
  • Open Parking

Pool

  • Heated Pool

Schools

  • Kaelepulu Elementary School
  • Kailua Middle School
  • Kailua High School

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 1-4-2-093-003-0000

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure
  • Kukilakila Association
  • Kukilakila Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Clubhouse

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Recreational Area
  • Trails

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,760

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Architectural Style: Multi-Level
  • Building Name: Kukilakila
  • Inclusions: AC Split,AC Window Unit,Attic Fan,Auto Garage Door Opener,Cable TV,Ceiling Fan,Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Smoke Detector,Washer,Water Heater
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1973
  • Attribution Contact: (800) 667-5028
  • CommunityFeatures: Barbecue, Clubhouse, Community Pool, Deck/Porch, Dock, Fitness, Patio, Pool, Recreation Area, Trails/Paths
  • Fencing: Fenced, Wall
  • Road Frontage Type: Other
  • SecurityFeatures: Key Card Entry
  • Association Amenities: Management
  • MLS Status: Active
  • Subdivision Name: KUKILAKILA
  • Entry Level: 1
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level, Storage
  • Unit Levels: Two
  • Living Area: 1380.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Wood Frame
  • Lot Features: Yard
  • Pool Features: Heated
  • Property Condition: Excellent, Good Condition
  • View: Mountain(s), Sunset, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure
  • Exclusions: Other
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garage, Guest, Two Spaces, On Street
  • Total Parking Spaces: 4.0
  • Attached Garage: Yes
  • Open Parking: Yes

Association/Amenities

  • General Property Information:Association Name: Kukilakila

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, None

Schools

  • Elementary School: Kaelepulu
  • High School: Kailua
  • Middle Or Junior School: Kailua

Lot Info

  • Parcel Number: 1-4-2-093-003-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Maintenance Expense: 730.54
  • Total Actual Rent: 8670.0

Tax Info

  • Tax Annual Amount: 3759.96

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 $3,760 $1,107,900 $397,100 $710,800
2024 $3,760 $1,134,200 $397,100 $737,100
2023 $3,288 $1,089,300 $397,100 $692,200
2022 $3,036 $917,400 $397,100 $520,300
2021 $2,959 $845,500 $397,100 $448,400
2020 $2,899 $828,200 $397,100 $431,100
2019 $2,329 $819,000 $397,100 $421,900
2018 $2,329 $785,400 $397,100 $388,300
2017 $2,284 $772,600 $397,100 $375,500
2016 $1,993 $689,400 $397,100 $292,300
2015 $2,145 $732,800 $397,100 $335,700
2014 $2,044 $642,600 $397,100 $245,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $950,000 +10.5% $688 / Sq Ft
08/16/2018 08/16/18 Sold $860,000 -1.0% $623 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $869,000 +42.5% $630 / Sq Ft
02/28/2013 02/28/13 Sold $610,000 -3.0% $442 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
12/30/2012 12/30/12 For Sale $629,000 -- $456 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $860,000 Fam
Warranty Deed $610,000 Tg
Warranty Deed $610,000 Tg
Interfamily Deed Transfer -- Or
Interfamily Deed Transfer -- Or
Warranty Deed $600,000 Fam
Warranty Deed $610,000 Pat
Limited Warranty Deed $136,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $690,400 New Conventional
Closed $776,107 VA
Previous Owner $461,250 New Conventional
Previous Owner $480,000 New Conventional
Previous Owner $610,000 Unknown
Previous Owner $388,800 New Conventional
Previous Owner $176,000 No Value Available
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202516442

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-2-093-003-0000