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MLS: 202605514 (Active - For Sale)
 
Asking Price: $2,495,000 FS - Fee Simple
Type: Residential
District: Kailua
Address: 451 Lanae Way, Kailua, HI
Neighborhood: Coconut Grove
Beds: 9   Baths: 4
Living Area: 3,120 SF
Style: Detach Single Family,Multiple Dwellings
Land Area: 5,500 SF
View: Mountain,Sunrise
Parking: 3 Car+,Driveway,Garage,Street
Garage/Carport Area: 480 SF
Amenities: Bedroom on 1st Floor,Full Bath on 1st Floor,Landscaped,Maids/Guest Qrters,Patio/Deck,Wall/Fence
Days on Market: 2
Year Built: 2020
Zoning: 05 - R-5 Residential District
Land Recorded: Regular System
Property Taxes: $642
Assessed Value: $2,201,000
Assessed Ratio: 113.36%
Listing Courtesy: OahuRE.com
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Elegant 5-year-old home offering exceptional investment potential and flexible multigenerational living. This spacious property features a two-level main home with an attached ADU, a 2-car garage, and parking for up to 9 cars. Currently operated as a 30–90 day rental. The private ADU includes a full kitchen and living/dining area—ideal for rental income or extended family. The main home offers separate living spaces on each level. Upstairs includes the primary kitchen, great room, 2 lanais, and 4 bedrooms/2 baths (one used as an office). Downstairs features a family room with dining area, kitchenette, 3 bedrooms/1 bath, and 2 small yards with a covered lanai. The ohana provides additional privacy with its own full kitchen, great room, 2 bedrooms/1 bath, and a fenced yard. All rooms offer split A/C, ceiling fans, and large windows for natural light and breezes. Three private living areas, each with separate entrances and laundry. Fully furnished, turnkey, with five years of strong rental history. Please do not disturb tenants.

2 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
20193089111/13/201903/09/2020$750,000$725,000
20210388502/12/202105/11/2021$1,950,000$1,890,000

2 Comparable Homes Sold in Coconut Grove (Last 12 months)
Description List Date Sold Date List Price Sold Price
9 Bed 4 Bath
(w/ Ohana)
04/15/202509/19/2025$1,829,990$1,780,000
9 Bed 4 Bath
(w/ Ohana)
09/26/202512/05/2025$2,268,000$2,200,000
Average Price:  $1,990,000

 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
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use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
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Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.
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