561 Kawainui Street Unit B, Kailua, HI 96734
- $1,600,000
- 5
- BD
- 2
- BA
- 2,260
- SqFt
- List Price
- $1,600,000
- MLS #
- 202518717
- Days on Market
- 7
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 5
- Full Baths
- 2
- Living Area
- 2,260
- Land Area
- 5,004
- Land Tenure
- FS - Fee Simple
- Neighborhood
- Coconut Grove
- Subdivision
- Coconut Grove
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 Sunday Sunday, Sep 14th 2-5pm.
/u.realgeeks.media/hawaiipropertiesonline/logo-footer.png){kind=logo}
Additional Information
- Island
- Oahu
- Utilities
- Other, Water Available
- View
- Mountain(s)
- Elementary School
- Kailua
- Middle School
- Kailua
- High School
- Kalaheo
- Lot Size
- 5,004
- Construction Materials
- Double Wall, Concrete
- Pool Features
- None
- Neighborhood
- Coconut Grove
- Frontage
- Other
- Furnished
- Unfurnished
- Year Built
- 1954
- Inclusions
- AC Split, Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Heater, Wine Refrigerator
- Parking Features
- Three or more Spaces
- Lot Features
- Cleared, Interior Lot, Level
- Unit
- B
- Style
- Detached
- Stories
- 1
- Assessed Total
- 1365000
- Water
- Public
Mortgage Calculator
Listing courtesy of Island Living Homes.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact: (808) 798-5800