Island Living at its best — Just One Block from Kailua Beach on the corner of Palapu Street. Step into this one-of-a-kind 4-bedroom, 3.5-bath contemporary island home featuring vaulted ceilings and 2,936 sq.ft. of bright, open living space, all enclosed on a 10,000 sq.ft. lot. Relax or entertain around your solar-heated pool with both covered and open lanais—perfect for seamless indoor/outdoor living. This property includes a 3-bedroom, 2.5 bath main home, with most living areas on the main level. The private upstairs primary suite offers a peaceful, ensuite retreat away from the main living spaces. In addition, there is an attached 1-bedroom, 1 bath with a kitchen that can be used as a rental or mother-in-law suite. Move-in ready with 30 owned PV panels (NET metering), split ACs in every room, luxury vinyl plank flooring, an upgraded kitchen, motorized blinds, updated lighting, and more. Additional highlights include two laundry areas, an attached workshop/storage room, a garage, and extra parking. Located in highly sought-after Kailua, close to dining, shopping, and endless watersports—this home delivers comfort, flexibility, and modern island style. Your Kailua oasis awaits!
Closed
$3,200,000
435 N Kalaheo Ave, Kailua, HI 96734
4beds
2,936sqft
Single Family Residence
Built in 1970
-- sqft lot
$3,164,200 Zestimate®
$1,090/sqft
$7,728 Estimated rent
Home value
$3,164,200
$2.97M - $3.35M
$7,728/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ralph S Gray 808-295-0704,
Hawaii Homes International
Bought with:
Monique Cole, RB-23216
Team Real Estate, Inc.
Source: HiCentral MLS,MLS#: 202525722
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Entry/Foyer
Features
- Bedroom on Main Level, Full Bath on Main Level
- Flooring: Vinyl
Interior area
- Total structure area: 3,317
- Total interior livable area: 2,936 sqft
Property
Parking
- Total spaces: 5
- Parking features: Boat, Driveway, Garage, Three or more Spaces, On Street
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Landscaping
- Pool features: Heated, In Ground
- Fencing: Fenced,Wall
- Has view: Yes
- View description: Garden, Mountain(s)
- Frontage type: Other
Lot
- Features: Cleared, Corner Lot, Level
- Topography: Level
Details
- Additional structures: Workshop
- Parcel number: 1430250270000
- Zoning description: 03 - R10 - Residential District
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Double Wall
- Foundation: Slab
Condition
- Excellent,Good Condition
- New construction: No
- Year built: 1970
- Major remodel year: 2022
Utilities & green energy
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Other, Sewer Available, Water Available
Community & HOA
Community
- Features: Deck/Porch, Patio, Storage Facilities
- Security: Closed Circuit Camera(s), Key Card Entry
- Subdivision: Kalama Tract
HOA
- Services included: None
Location
- Region: Kailua
Financial & listing details
- Price per square foot: $1,090/sqft
- Tax assessed value: $2,616,600
- Annual tax amount: $8,738
- Date on market: 11/27/2025
- Inclusions: AC Central, Auto Garage Door Opener, Blinds, Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Dryer, Lawn Sprinkler, Microwave, Photovoltaic - Owned, Range Hood, Range/Oven, Refrigerator, Security System, Smoke Detector, Solar Heater, Washer, Water Heater, Wine Refrigerator
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $3,200,000$1,090/sqft |
Source:  HiCentral MLS #202525722 Report a problem | ||
| 12/4/2025 | Contingent | $3,200,000$1,090/sqft |
Source: HiCentral MLS #202525722 Report a problem | ||
| 11/28/2025 | Listed for sale | $3,200,000+23.3%$1,090/sqft |
Source: HiCentral MLS #202525722 Report a problem | ||
| 6/24/2022 | Contingent | $2,595,000$884/sqft |
Source: HiCentral MLS #202210151 Report a problem | ||
| 6/16/2022 | Listed for sale | $2,595,000+54.9%$884/sqft |
Source: HiCentral MLS #202210151 Report a problem | ||
| 6/16/2020 | Listing removed | $1,675,000$571/sqft |
Source: Coldwell Banker Pacific Prop. #202006554 Report a problem | ||
| 4/18/2020 | Price change | $1,675,000-2.4%$571/sqft |
Source: Coldwell Banker Pacific Properties #202006554 Report a problem | ||
| 3/18/2020 | Listed for sale | $1,716,000+47.9%$584/sqft |
Source: Coldwell Banker Pacific Prop. #202006554 Report a problem | ||
| 7/18/2012 | Sold | $1,160,000-6%$395/sqft |
Source: Public Record Report a problem | ||
| 3/29/2012 | Listed for sale | $1,234,567+177.4%$420/sqft |
Source: Coldwell Banker Pacific Properties #1203423 Report a problem | ||
| 5/3/2002 | Sold | $445,000$152/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,738 -5.8% | $2,616,600 -5.5% |
| 2024 | $9,275 +13.3% | $2,770,000 +13.6% |
| 2023 | $8,185 +4.1% | $2,438,600 +3.9% |
| 2022 | $7,861 -44.5% | $2,346,000 +22.2% |
| 2021 | $14,152 +141.6% | $1,919,200 +8.2% |
| 2020 | $5,857 -1.9% | $1,773,300 -0.7% |
| 2019 | $5,970 -2.6% | $1,785,800 -2.5% |
| 2018 | $6,131 +1.7% | $1,831,600 +1.6% |
| 2017 | $6,027 +18.3% | $1,801,900 +17.3% |
| 2016 | $5,096 +24.8% | $1,536,000 +23.2% |
| 2015 | $4,082 | $1,246,300 -12.7% |
| 2014 | -- | $1,427,000 +38.3% |
| 2013 | -- | $1,032,000 +4.2% |
| 2005 | -- | $990,100 +53% |
| 2004 | -- | $647,000 +17.9% |
| 2003 | $1,496 +24.1% | $548,800 +33.9% |
| 2002 | $1,206 | $409,800 |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 96734
Nearby homes
- $--1 bd1 ba500 sqft435 N Kalaheo Ave #A, Kailua, HI 96734Off Market
- $2,850,0006 bd5 ba2.6k sqft427 N Kalaheo Ave, Kailua, HI 96734Sold
- $2,250,0003 bd3 ba1.7k sqft117 Palapu St, Kailua, HI 96734Sold
- $2,480,2003 bd2 ba1.2k sqft425 N Kalaheo Ave, Kailua, HI 96734Off Market
- $2,242,5003 bd3 ba1.6k sqft106 Palapu St, Kailua, HI 96734Off Market
- $2,388,7005 bd4 ba2.4k sqft125A Palapu St, Kailua, HI 96734Off Market
- $2,494,8003 bd3 ba1.7k sqft143A Palapu St, Kailua, HI 96734Off Market
- $2,123,0005 bd1 ba2k sqft116 Palapu St, Kailua, HI 96734Off Market
Nearby schools
GreatSchools rating
- 7/10Kainalu Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 7/10Kailua Intermediate SchoolGrades: 7-8Distance: 1 mi
- 10/10Kalaheo High SchoolGrades: 9-12Distance: 0.9 mi
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- Hawaii
- Honolulu County
- Kailua
- 96734
- 435 N Kalaheo Ave
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