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Active
    • Price cut: $40K (5/9)
    $1,450,000

    1233 Keolu Dr, Kailua, HI 96734

    5beds
    1,644sqft
    : 
    $8,048/mo
    Get pre-qualified
    Apartment
    Built in 1960
    -- sqft lot
    $1,445,400 Zestimate®
    $882/sqft
    $-- HOA

    What's special

    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.
    299 days
    |
    1,068
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael D DeMello 808-755-5052,

    Redfin Corporation

    Source: HiCentral MLS,MLS#: 202519336MLS Logo

      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: $882/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

        $1,445,400

        $1.37M - $1.52M

        $5,564/mo

        Price history

        DateEventPrice
        6/13/2026Listed for sale$1,450,000$882/sqft
        Source: HiCentral MLS #202519336 Report a problem
        5/26/2026Contingent$1,450,000$882/sqft
        Source: HiCentral MLS #202519336 Report a problem
        5/9/2026Listed for sale$1,450,000-2.7%$882/sqft
        Source: HiCentral MLS #202519336 Report a problem
        4/27/2026Contingent$1,490,000$906/sqft
        Source: HiCentral MLS #202519336 Report a problem
        1/15/2026Price change$1,490,000-0.7%$906/sqft
        Source: HiCentral MLS #202519336 Report a problem
        9/4/2025Price change$1,500,000+13.2%$912/sqft
        Source: HiCentral MLS #202519336 Report a problem
        7/23/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/1/2024Listed for rent$2,000$1/sqft
        Source: Zillow Rentals Report a problem
        2/20/2024Listing removed--
        Source: Zillow Rentals Report a problem
        11/23/2023Price change$2,000-9.1%$1/sqft
        Source: Zillow Rentals Report a problem
        11/7/2023Listed for rent$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        5/24/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/22/2023Listed for rent$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        1/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/23/2022Listed for rent$2,200-12%$1/sqft
        Source: Zillow Rentals Report a problem
        11/3/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/1/2022Listed for rent$2,500-39%$2/sqft
        Source: Zillow Rental Manager Report a problem
        9/8/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/8/2022Price change$4,100+46.4%$2/sqft
        Source: Zillow Rental Manager Report a problem
        7/2/2022Listed for rent$2,800$2/sqft
        Source: Zillow Rental Manager Report a problem
        5/31/2022Pending sale$1,325,000$806/sqft
        Source: HiCentral MLS #202202689 Report a problem
        4/5/2022Listing removed$1,325,000$806/sqft
        Source: HiCentral MLS #202202689 Report a problem
        2/17/2022Listed for sale$1,325,000+140.9%$806/sqft
        Source: HiCentral MLS #202202689 Report a problem
        10/29/2010Sold$550,000-6.5%$335/sqft
        Source: Public Record Report a problem
        4/27/2010Listed for sale$588,000$358/sqft
        Source: CENTURY 21 All Islands #2915455 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 96734

        Getting around

        67 / 100
        Somewhat Walkable
        33 / 100
        Some Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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