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507 Kawailoa Road B
$2,945,000

507 Kawailoa Road B

8 Beds 6 Baths 3,388 Sq.Ft. 7,560 Sq.Ft.

Description

Steps from Kailua Beach, this craftsman style beach house has a separate duplex with strong rental income potential. Live in the vaulted ceiling, dutch door, gorgeous 1 bedroom 1 bath home and rent out the two 3 bed 2 bath units! One more bonus is the converted garage on the cottage which has been modified into a cute 1 bed 1 bath space. This self-contained space offers additional flexibility, whether you wish to host guests, create a private office, or rent it out for additional income. With separate lanai spaces for all 4 living areas, there is privacy for each one. If you would like your own beautiful beach house to call home and enjoy long term income from the other areas, this is what you have been waiting for.

The location is unbeatable--just steps from Kailua Beach, where you can enjoy morning sunrises, pristine waters, wind surfing, canoe club, volleyball and year-round activities. In addition, you're close to local favorites such as Buzz's Steakhouse, Kalapawai Market, Bob's Pizza and more.

Whether you plan to live in the cottage and rent out the duplex or make the entire property a part of your investment portfolio, this Kailua gem offers endless possibilities.

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Location

507 Kawailoa Road B, Kailua, HI 96734

Status

Sold
Sherine Duncan

Sherine Duncan

TITLE

Founder and Team Lead of Hawaii Lux Homes | Real Estate Agent | REALTOR®

Property Amenities

Interior
Flooring Ceramic Tile, Hardwood, Vinyl
Total Bedrooms: 8
Full Bathrooms: 6
Other Interior Features Bedroom on Main Level, Full Bath on Main Level
Area & Lot
Total area 4,524 Sq.Ft.
Lot Area 7,560 Sq.Ft.
Living area 3,388 Sq.Ft.
MLS® ID 202519459
Year Built 1974
View Description Mountain(s)
Architecture Styles Detached, Multi-Family, Multiplex, Duplex
Type Multi-Family
Status Sold
Exterior
Stories 2
Pool None
Water Source Public
Security Features Key Card Entry
Other Exterior Features Landscaping
Parking Boat, Carport, Three or more Spaces
Lot Features Interior Lot, Other, Level
Utilities Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
Finance
Sales Price $2,945,000
Real Estate Tax $6,624 yearly

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