Set along the coveted waterfront canal of Kailua, this iconic property 485 Wanaao, captures the essence of modern island living with rare versatility & timeless appeal. Situated on a generous lot, the residence offers a seamless blend of indoor-outdoor living, framed by tranquil water views & lush surroundings.
The main home features 4 bedrooms & 2.5 bathrooms, thoughtfully designed with soaring ceilings, & a spacious open-concept layout that fills the interior with natural light & refreshing trade winds. Clean lines, modern finishes, & refined craftsmanship create an inviting yet sophisticated atmosphere, perfect for both everyday living & entertaining.
The fully legal 1-bedroom, 1-bath ADU—ideal for guests, extended family, or rental income—adding exceptional flexibility to this already remarkable offering.
Expansive outdoor spaces invite you to unwind, host gatherings & enjoy peaceful waterfront setting. This home delivers a lifestyle that is both rare and deeply connected to its surroundings.
Minutes from Kailua's beaches, dining and shopping.
A true once-in-a-lifetime opportunity to own a signature property in one of O‘ahu’s most desirable coastal communities.
Active
Price cut: $172K (6/15)
$4,098,000
485 Wanaao Rd, Kailua, HI 96734
5beds
3,512sqft
Single Family Residence
Built in 1954
-- sqft lot
$-- Zestimate®
$1,167/sqft
$-- HOA
What's special
- 61 days |
- 2,306 |
- 120 |
Zillow last checked:
Listing updated:
Listed by:
Sasha R Mason 808-745-6366,
Corcoran Pacific Properties
Source: HiCentral MLS,MLS#: 202608270
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Guest Quarters
Features
- Bedroom on Main Level, Full Bath on Main Level
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 4,449
- Total interior livable area: 3,512 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage, Three or more Spaces
- Has garage: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
- Pool features: Pool/Spa Combo
- Has view: Yes
- View description: Canal, Mountain(s), Sunrise
- Has water view: Yes
- Water view: Canal
- Frontage type: Canal,Waterfront
Lot
- Features: Cleared, Other, Level
- Topography: Level
Details
- Parcel number: 1420190480000
- Zoning description: 03 - R10 - Residential District
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- Excellent
- New construction: Yes
- Year built: 1954
- Major remodel year: 2026
Utilities & green energy
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
Community & HOA
Community
- Features: Deck/Porch, Patio
- Subdivision: Kailua Estates
Location
- Region: Kailua
Financial & listing details
- Price per square foot: $1,167/sqft
- Tax assessed value: $1,904,100
- Annual tax amount: $7,440
- Date on market: 4/27/2026
- Inclusions: AC Split, Auto Garage Door Opener, Ceiling Fan, Chandelier, Dishwasher, Disposal, Dryer, Microwave, Photovoltaic – Leased, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater, Wine Refrigerator
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Price change | $4,098,000-4%$1,167/sqft |
Source:  HiCentral MLS #202608270 Report a problem | ||
| 4/27/2026 | Listed for sale | $4,270,000+108.2%$1,216/sqft |
Source: HiCentral MLS #202608270 Report a problem | ||
| 6/30/2025 | Sold | $2,050,800+2.8%$584/sqft |
Source: HiCentral MLS #202511374 Report a problem | ||
| 5/20/2025 | Contingent | $1,995,000$568/sqft |
Source: HiCentral MLS #202511374 Report a problem | ||
| 5/5/2025 | Listed for sale | $1,995,000+2393.8%$568/sqft |
Source: HiCentral MLS #202511374 Report a problem | ||
| 1/8/2020 | Sold | $80,000-81.6%$23/sqft |
Source: Public Record Report a problem | ||
| 12/23/2003 | Sold | $435,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,438 -54.5% | $2,285,100 +9.7% |
| 2024 | $16,343 +152.1% | $2,082,700 +6.7% |
| 2023 | $6,483 +8.3% | $1,952,300 +7.9% |
| 2022 | $5,984 +23.8% | $1,809,800 +22.2% |
| 2021 | $4,835 +10.1% | $1,481,300 +9.4% |
| 2020 | $4,391 -1.5% | $1,354,600 +0.1% |
| 2019 | $4,457 +12.8% | $1,353,300 +12% |
| 2018 | $3,950 +9.2% | $1,208,500 +8.5% |
| 2017 | $3,617 +9.3% | $1,113,400 +8.6% |
| 2016 | $3,308 +21.4% | $1,025,100 +19.4% |
| 2015 | $2,725 | $858,700 +8.6% |
| 2014 | -- | $790,400 +10.4% |
| 2013 | -- | $716,200 +5.3% |
| 2012 | -- | $680,100 +0.3% |
| 2011 | -- | $678,200 +0.5% |
| 2010 | -- | $674,900 -19.1% |
| 2009 | -- | $834,500 -0.7% |
| 2008 | -- | $840,200 -18.8% |
| 2007 | -- | $1,035,100 +11.6% |
| 2006 | -- | $927,900 -2.1% |
| 2005 | -- | $947,600 +12.3% |
| 2004 | -- | $843,600 +15% |
| 2003 | $1,854 +2.5% | $733,400 +44.4% |
| 2002 | $1,809 | $508,000 |
| 2000 | -- | -- |
| 1999 | -- | $496,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 3/10Kailua Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 7/10Kailua Intermediate SchoolGrades: 7-8Distance: 0.6 mi
- 10/10Kalaheo High SchoolGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Hawaii
- Honolulu County
- Kailua
- 96734
- 485 Wanaao Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
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