About this home

ACCEPTING BACK-UP OFFERS! VA ASSUMABLE LOAN at 2.75% available for qualified buyers. Beach-close Kalama Tract home located less than two blocks from the beach and minutes to Kailua Town. This unique property showcases bold colors, artistic design elements, and a distinctive floor plan, offering a home with character and creative flair. Must see! The flexible layout features 2 bedrooms and 1 bath on the main level, plus a separate upstairs 1-bedroom, 1-bath unit with a kitchenette, for guests or extended living. Two flex spaces on the main level for an extra bedroom, office, or family room, plus a separate laundry area. Outdoor features include a saltwater pool and jacuzzi, perfect for enjoying Kailua's relaxed lifestyle. Energy-efficient upgrades include PV panels with Tesla Powerwall, solar blankets for pool heating, and a 220V EV charging service. Approved plans and open permit already in place to build up and expand, offering a rare opportunity to add value while saving significant time and costs in the permitting process. A great opportunity to own a property with flexibility in one of Kailua's most desirable neighborhoods. Enhanced Photos.

What it's like to live here

AI

Listed by

Joey Ann Staggs

Paradise Realty & Management

8082539391 JoeyAnn.Staggs@engelvoelkers.com

Property details

Price: $1,625,000
Bedrooms: 3
Bathrooms: 2
Interior: 2,055 sqft
Price / sqft: $791
Year built: 1939
Type: Single Family
Days on market: 55
Est. property tax: $4,550/yr · $379/mo · 0.28% HI avg
Last sold: $1,225,000 · Jul 2020

Estimated monthly payment

Down payment20% ($325,000)

Interest rate6.75%

Principal & Interest$8,432

Property Tax$1,490

Insurance$150

Total$10,071/mo

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Price history

▼ 3%Most recent change on 2026-05-05: $1,675,000 → $1,625,000.

$75K · Jun 77$1.63M · May 26

May 5, 2026$1,625,000Price change
Apr 4, 2026$1,675,000Initial list price
Jan 23, 2026$2,100,000Price change
Jan 8, 2026$2,175,000Initial list price
Jul 27, 2020$1,225,000Sold
May 31, 2020$1,249,000Initial list price
Oct 8, 2014$895,000Sold
Oct 4, 2014$899,000Price change
Sep 4, 2014$899,000Initial list price
Jul 22, 1996$330,000Sold
Aug 7, 1987$152,000Sold
Sep 1, 1982$150,000Sold
Jun 1, 1977$75,000Sold

Location

This home is located in Kailua, HI, in the Hawaii area. Browse more Kailua listings on the Kailua market page or explore the full Kailua market report.

About Kailua: Kailua is a census-designated place (CDP) in Honolulu County, Hawaii, United States. It lies in the Koʻolaupoko District of the island of Oʻahu on the windward coast at Kailua Bay. It is in the judicial district and the ahupua'a named Ko'olaupoko. It is 12 miles (19 km) northeast of Honolulu – over Nu‘uanu Pali. (source: Wikipedia)

Climate: Average year-round temperature is 76°F with 43 dry days per year and 55.1 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 96734)

Median age is 36.8; 26% hold a bachelor's degree; 63% of homes are owner-occupied; median household income is $121,536.

Median income: $121,536
Median age: 36.8
Owner-occupied: 62.5%
Bachelor's degree: 26.3%
Census median home value: $1,213,900

Source: US Census Bureau American Community Survey 5-year estimates.

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$1,625,000

185 Ulupa St, Kailua, HI