Amazing opportunity to own in Kailua! This flexible floor plan offers endless possibilities with a well-maintained 4-bedroom, 2-bath main home (currently configured as a 3/1 plus a spacious studio). An additional remodeled studio (5th bedroom), separated by the saltwater pool, enjoys treetop and mountain views of Enchanted Lake, along with cool breezes and privacy. Ideal for multigenerational living, a home office, or rental income potential. The property is fully fenced and landscaped with a sprinkler system—perfect for your fur babies! Conveniently located near world-famous Kailua beaches, parks, shops, and restaurants, with easy access to the H-3 and Pali Highway—without having to fight traffic in Kailua town. Put this home on your must-see list! Number of bedrooms differs from tax records. One or more photos have been enhanced.
Active
Price cut: $10K (8/4)
$1,440,000
1233 Keolu Dr, Kailua, HI 96734
5beds
1,644sqft
Apartment
Built in 1960
-- sqft lot
$1,444,700 Zestimate®
$876/sqft
$-- HOA
What's special
- 345 days
- 846
- 42
Zillow last checked:
Listing updated:
Listed by:
Michael D DeMello 808-755-5052,
Redfin Corporation
Source: HiCentral MLS,MLS#: 202519336
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedroom on Main Level, Full Bath on Main Level
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 1,644
- Total interior livable area: 1,644 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Two Car Garage, Two Spaces, On Street
- Garage spaces: 2
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
- Pool features: In Ground
- Fencing: Fenced,Wall
- Has view: Yes
- View description: Mountain(s)
- Frontage type: Other
Lot
- Features: Cleared, Interior Lot, Level
- Topography: Level,Sloping
Details
- Parcel number: 1420270500000
- Zoning description: 05 - R-5 Residential District
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Detached,Multiplex,Studio
- Property subtype: Apartment
Materials
- Single Wall, Wood Frame
Condition
- Average Condition,Updated/Remodeled
- New construction: No
- Year built: 1960
- Major remodel year: 1975
Utilities & green energy
- Utilities for property: Other
Community & HOA
Community
- Security: Key Card Entry
- Subdivision: Keolu Hills
HOA
- Services included: None
Location
- Region: Kailua
Financial & listing details
- Price per square foot: $876/sqft
- Tax assessed value: $1,260,300
- Annual tax amount: $6,967
- Date on market: 9/3/2025
- Inclusions: Ceiling Fan, Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer, Water Heater
Estimated market value
$1,444,700
$1.37M - $1.52M
$5,883/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $1,440,000-0.7%$876/sqft |
Source: | ||
| 6/13/2026 | Listed for sale | $1,450,000$882/sqft |
Source: | ||
| 5/26/2026 | Contingent | $1,450,000$882/sqft |
Source: | ||
| 5/9/2026 | Listed for sale | $1,450,000-2.7%$882/sqft |
Source: | ||
| 4/27/2026 | Contingent | $1,490,000$906/sqft |
Source: | ||
| 1/15/2026 | Price change | $1,490,000-0.7%$906/sqft |
Source: | ||
| 9/4/2025 | Price change | $1,500,000+13.2%$912/sqft |
Source: | ||
| 7/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/1/2024 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/23/2023 | Price change | $2,000-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2023 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/22/2023 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/14/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/23/2022 | Listed for rent | $2,200-12%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/1/2022 | Listed for rent | $2,500-39%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/8/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/8/2022 | Price change | $4,100+46.4%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/2/2022 | Listed for rent | $2,800$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/31/2022 | Pending sale | $1,325,000$806/sqft |
Source: | ||
| 4/5/2022 | Listing removed | $1,325,000$806/sqft |
Source: | ||
| 2/17/2022 | Listed for sale | $1,325,000+125.3%$806/sqft |
Source: | ||
| 11/2/2010 | Listing removed | $588,000+6.9%$358/sqft |
Source: CENTURY 21 All Islands #2915455 Report a problem | ||
| 10/29/2010 | Sold | $550,000$335/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,362,400 +8.1% |
| 2025 | $6,967 +9.6% | $1,260,300 +4.4% |
| 2024 | $6,356 -33.4% | $1,206,700 -18.8% |
| 2023 | $9,538 +167.5% | $1,485,800 +28.2% |
| 2022 | $3,565 +47% | $1,158,700 +39.1% |
| 2021 | $2,425 +13.9% | $832,900 +11.3% |
| 2020 | $2,128 -16.7% | $748,100 -12% |
| 2019 | $2,555 +3.3% | $850,000 +2.8% |
| 2018 | $2,474 +5.3% | $826,800 +4.5% |
| 2017 | $2,350 +0.5% | $791,300 +0.4% |
| 2016 | $2,338 +3.9% | $787,900 +3.3% |
| 2015 | $2,250 -4.8% | $762,900 +0.8% |
| 2014 | $2,363 | $756,900 +15.5% |
| 2013 | -- | $655,400 -3.4% |
| 2012 | -- | $678,700 +0.5% |
| 2011 | -- | $675,200 +17.7% |
| 2010 | -- | $573,900 -10.5% |
| 2009 | -- | $641,200 -8.3% |
| 2008 | -- | $699,200 +2.3% |
| 2007 | -- | $683,500 +21.5% |
| 2006 | -- | $562,700 +6.4% |
| 2005 | -- | $528,700 +56.4% |
| 2004 | -- | $338,000 +3.4% |
| 2003 | $1,109 +27.8% | $327,000 +7.6% |
| 2002 | $868 | $303,800 +28.1% |
| 1999 | -- | $237,100 |
Find assessor info on the county website
Monthly payment
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