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Off market
  • $1,763,200

    432 Kalama St, Kailua, HI 96734

    6beds
    2,500sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $1,763,200 Zestimate®
    $705/sqft
    $5,793 Estimated rent

    Home value

    $1,763,200

    $1.62M - $1.89M

    $5,793/mo

    Zestimate® history
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    What's special

    Large yardStorage shedOutdoor surfboard shower

    Available approximately June 8-12th. The current tenant will know their exact move-out date as the date gets closer. A beautiful Hawaiiana Style, two-story home on a quiet side street in Coconut Grove in Kailua. Close to world famous Kailua beach, downtown Kailua & is a 4 minute drive to the Marine Corps Base. The upstairs is the original beach cottage built in 1970 & very well maintained. The downstairs was built in 2017; We lifted the house 10' up into the air & built a whole other level underneath it. There is a kitchenette upstairs (dishwasher, fridge/freezer, hot plate & microwave) & full kitchen downstairs (dishwasher, fridge/freezer, gas oven/stove & microwave). If an oven/stove top is needed by your family for the upstairs kitchen let me know & I can research the state legalities. There are gas hook-ups so it is physically possible. There is also an outdoor surfboard shower + 4 car driveway + onsite washer/dryer + storage shed + large yard + fruit trees. You may have noticed we have 3 postings online advertising the place available for rent: 1. $3,500* including utilities - The upstairs = 980sq ft, 1970 build, 3 bed, 1.5 bath, deck, 2 onsite parking stalls. 2. $4,500* including utilities - The downstairs = 1,500sq ft, 2017 build, 3 bed, 2.5 bath, lanai, 2 onsite parking stalls. 3. $7,500* (not including utilities) - The whole house = 2,500sq ft, 6 bed, 3 full bath, 2 half baths, deck, lanai, 4 onsite parking stalls. *A 1% annual rental rate increase will be written into the lease. Example: YR1: $7,500/month. YR2: $7,575/month, etc. The current tenants are living in the home as 1 large house. However, I recognize how few families are looking for a 6 bedroom house, so my plan is if the entire home hasn t been rented as a 6 bedroom house then on May 8th I will plan to divide the 6 bedroom house into two 3 bedroom homes by building a wall along the staircase. This will divide the 1 large house into 2 separate homes with 2 separate private entrances. OVERALL To capture the cool breeze coming in from the East there are extra large windows in the family room both upstairs & downstairs. Additionally downstairs we have french doors that open outward into the large grassy front yard. The home sits on a 6,000 sq ft piece of land with a large grassy front yard. Trees: Large creamy avocado tree, passion fruit in abundance, & a sandalwood tree. There are parking spaces for 4 cars on the property (if the home is to be split, then that would be 2 designated stalls for upstairs & 2 for downstairs). There is a washer & dryer in the backyard. If the home is to be divided for 2 families, the occupants can create a schedule that works for them on who gets to do their laundry on which days. The house is located on a side lane with only 6 other homes it is private feeling with low traffic. Which is so great for families with young kids who want to ride their bicycles. We have many exciting local touches to make this home extraordinary - such as 2-9feet tall wood carved tiki's depicting the 4 Hawaiian gods for the front deck posts. And an outdoor shower made out of a surf board for a quick rinse after a fun day at the beach. On the downstairs inside the fans are carved in wood to look like Palm leafs. Handicap Friendly Downstairs - The entrance to the home has 1 step & stepping stones, but beyond that the entire downstairs floor was build with the end-of-life comforts in mind. Extra wide hallway, extra wide doorways & a roll-in shower. The master bedroom shower also has a bench. Almost the entire property has a tall fence surrounding it. It is a short fence enclosing the property along the driveway opening. It maybe stands 2ft tall. If you have pets that can hop over this you are welcome to have a taller fence installed at your own cost. To help you with budget planning here is what a family of 4 with lots of visitors pays in monthly utilities. These amounts are approximate as they do fluctuate. Electricity: $250 Gas (for the stove): $15 Trash: $0 The city/country provides the service. Water: $120-$200 Depends on whether the sprinklers are running (summer). Additionally there are 2 gas tanks that were last filled Feb 19, 2026. When a tank runs out it is $220 to have it refilled. A family of 4 with plenty of visitors gets 10+ months from each tank. School Districts: Kainalu Elementary School Kailua Intermediate Kalaheo High School Tours are available beginning Sunday April 26th by appointment for serious inquirers only. If you are still reading then you must be interested so go ahead and send us a message : ) We are big animals lovers - Pets will be considered on a case by case basis. A gardener is included year round. We do not cover the cost of any pest control; your family can decide if that's a purchase you want to make. No smoking. 1 year minimum lease, preferably 3yrs+.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 2,500 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Accessibility
    • Accessibility features: Disabled access
    Details
    • Parcel number: 430390550000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $7,500
    Location
    • Region: Kailua

    Financial & listing details

    • Price per square foot: $705/sqft
    • Tax assessed value: $1,656,300
    • Annual tax amount: $11,482
    • Date on market: 3/14/2026
    • Date available: 06/08/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    5/1/2026Listing removed$7,500$3/sqft
    Source: Zillow Rentals Report a problem
    3/15/2026Listed for rent$7,500+15.4%$3/sqft
    Source: Zillow Rentals Report a problem
    5/26/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/26/2022Listed for rent$6,500$3/sqft
    Source: Zillow Rental Manager Report a problem
    4/29/2015Sold$870,000$348/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,482 -4.6%$1,656,300 -2.8%
    2024$12,031 -2.2%$1,704,500 -1.4%
    2023$12,299 +25.7%$1,728,000 +14.9%
    2022$9,787 -14.5%$1,503,500 +17.4%
    2021$11,445 +58.4%$1,280,800 +1.7%
    2020$7,224 +0.4%$1,259,400 +0.2%
    2019$7,199 +14.1%$1,257,000 +4.6%
    2018$6,312 -15.3%$1,201,300 -3.3%
    2017$7,456 +11.8%$1,242,600 +11.8%
    2016$6,666 +272%$1,111,000 +117%
    2015$1,792 $512,000 +8.3%
    2014-- $472,600
    Find assessor info on the county website

    Neighborhood: 96734

    Nearby schools

    GreatSchools rating
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