The office will be closed on Tuesday, November 11, in observance of Veterans Day, and will reopen on Wednesday.
561 Kawainui Street Unit B Kailua, HI 96734
Listing Overview
Price: $1,600,000 Area: COCONUT GROVE Status: Active Under Contract
Rare 2.75% VA Assumable Opportunity in Kailua! Fall in love w/ this beautifully renovated home featuring a flexible floor plan perfect for multi-generational living or rental income. Main home offers a large open kitchen/living area, 3 bedrooms / 1 bath, LVP flooring & vinyl windows throughout. Attached is a spacious 2 bedroom/1 bath unit w/ its own kitchenette, laundry room and private backyard - ideal as a rental, guest suite, or extended Ohana space. Every detail has been updated - the home underwent a complete renovation in 2021, including splits, flooring, kitchens, and baths, and a new roof was installed in 2023. A large enclosed workshop off the 2-car carport provides room for tools, surfboards, bikes & all your lifestyle gear. The location is hard to beat - a short stroll to shops, restaurants & a quick bike or walk to world-famous Kailua Beach. Don’t miss your chance to secure this low 2.75% rate & enjoy the best of island living! PI pmt/mo is $5860 & current Gap is ~$281k. Secondary financing may reduce Gap to ~$160k. Recently producing $6,700/mo rental income, Open Sat, Oct 18th 10AM-1PM. Listing by: Island Living Homes (512) 797-4252
array(45) {
["MLSNumber"]=>
array(1) {
[0]=>
string(9) "202518717"
}
["StreetNumber"]=>
array(1) {
[0]=>
string(3) "561"
}
["PropertyType"]=>
array(1) {
[0]=>
string(13) "Single Family"
}
["StreetName"]=>
array(1) {
[0]=>
string(8) "Kawainui"
}
["StreetSuffix"]=>
array(1) {
[0]=>
string(6) "Street"
}
["UnitNumber"]=>
array(1) {
[0]=>
string(1) "B"
}
["City"]=>
array(1) {
[0]=>
string(6) "Kailua"
}
["StateOrProvince"]=>
array(1) {
[0]=>
string(2) "HI"
}
["PostalCode"]=>
array(1) {
[0]=>
string(5) "96734"
}
["VirtualTourURLUnbranded"]=>
array(1) {
[0]=>
string(0) ""
}
["ListPrice"]=>
array(1) {
[0]=>
string(10) "1600000.00"
}
["Neighbourhood"]=>
array(1) {
[0]=>
string(13) "COCONUT GROVE"
}
["Status"]=>
array(1) {
[0]=>
string(21) "Active Under Contract"
}
["PublicRemarks"]=>
array(1) {
[0]=>
string(1118) "Rare 2.75% VA Assumable Opportunity in Kailua! Fall in love w/ this beautifully renovated home featuring a flexible floor plan perfect for multi-generational living or rental income. Main home offers a large open kitchen/living area, 3 bedrooms / 1 bath, LVP flooring & vinyl windows throughout. Attached is a spacious 2 bedroom/1 bath unit w/ its own kitchenette, laundry room and private backyard - ideal as a rental, guest suite, or extended Ohana space. Every detail has been updated - the home underwent a complete renovation in 2021, including splits, flooring, kitchens, and baths, and a new roof was installed in 2023. A large enclosed workshop off the 2-car carport provides room for tools, surfboards, bikes & all your lifestyle gear. The location is hard to beat - a short stroll to shops, restaurants & a quick bike or walk to world-famous Kailua Beach. Don’t miss your chance to secure this low 2.75% rate & enjoy the best of island living! PI pmt/mo is $5860 & current Gap is ~$281k. Secondary financing may reduce Gap to ~$160k. Recently producing $6,700/mo rental income, Open Sat, Oct 18th 10AM-1PM."
}
["ListOfficeName"]=>
array(1) {
[0]=>
string(19) "Island Living Homes"
}
["BedsTotal"]=>
array(1) {
[0]=>
string(1) "5"
}
["BathsFull"]=>
array(1) {
[0]=>
string(1) "2"
}
["BathsHalf"]=>
array(1) {
[0]=>
string(1) "0"
}
["LotSizeArea"]=>
array(1) {
[0]=>
string(7) "5004.00"
}
["SqftTotal"]=>
array(1) {
[0]=>
string(4) "2260"
}
["YearBuilt"]=>
array(1) {
[0]=>
string(4) "1954"
}
["BuildingName"]=>
array(1) {
[0]=>
string(0) ""
}
["PropertyCondition"]=>
array(1) {
[0]=>
string(13) "Above Average"
}
["ParkingTotal"]=>
array(1) {
[0]=>
string(1) "3"
}
["StoriesType"]=>
array(1) {
[0]=>
string(3) "One"
}
["View"]=>
array(1) {
[0]=>
string(8) "Mountain"
}
["MaintenanceExpense"]=>
array(1) {
[0]=>
string(0) ""
}
["LandTenure"]=>
array(1) {
[0]=>
string(15) "FS - Fee Simple"
}
["ElementarySchool"]=>
array(1) {
[0]=>
string(6) "Kailua"
}
["MiddleOrJuniorSchool"]=>
array(1) {
[0]=>
string(6) "Kailua"
}
["HighSchool"]=>
array(1) {
[0]=>
string(7) "Kalaheo"
}
["ListOfficeMLSID"]=>
array(1) {
[0]=>
string(4) "ILHM"
}
["ListAgentEmail"]=>
array(1) {
[0]=>
string(24) "shannon@shannonwking.com"
}
["ListAgentDirectWorkPhone"]=>
array(1) {
[0]=>
string(14) "(512) 797-4252"
}
["ListAgentFullName"]=>
array(1) {
[0]=>
string(14) "Shannon L King"
}
["CloseDate"]=>
array(1) {
[0]=>
string(0) ""
}
["Matrix_Unique_ID"]=>
array(1) {
[0]=>
string(8) "18943616"
}
["MatrixModifiedDT"]=>
array(1) {
[0]=>
string(23) "2025-10-20T09:09:34.707"
}
["ListingContractDate"]=>
array(1) {
[0]=>
string(10) "2025-09-09"
}
["MLSAreaMajor"]=>
array(1) {
[0]=>
string(6) "Kailua"
}
["PropertyFrontage"]=>
array(1) {
[0]=>
string(5) "Other"
}
["ExemptListingEntryTimestamp"]=>
array(1) {
[0]=>
string(0) ""
}
["MatrixModifiedTime"]=>
array(1) {
[0]=>
string(12) "09:09:34.707"
}
["_thumbnail_id"]=>
array(1) {
[0]=>
string(8) "27143445"
}
["listing_image"]=>
array(24) {
[0]=>
string(8) "27143445"
[1]=>
string(8) "27143446"
[2]=>
string(8) "27143447"
[3]=>
string(8) "27143448"
[4]=>
string(8) "27143449"
[5]=>
string(8) "27143450"
[6]=>
string(8) "27143451"
[7]=>
string(8) "27143452"
[8]=>
string(8) "27143453"
[9]=>
string(8) "27143454"
[10]=>
string(8) "27143455"
[11]=>
string(8) "27143456"
[12]=>
string(8) "27143457"
[13]=>
string(8) "27143458"
[14]=>
string(8) "27143459"
[15]=>
string(8) "27143460"
[16]=>
string(8) "27143461"
[17]=>
string(8) "27143462"
[18]=>
string(8) "27143463"
[19]=>
string(8) "27143464"
[20]=>
string(8) "27143465"
[21]=>
string(8) "27143466"
[22]=>
string(8) "27143467"
[23]=>
string(8) "27143468"
}
}
Array
(
[MLSNumber] => Array
(
[0] => 202518717
)
[StreetNumber] => Array
(
[0] => 561
)
[PropertyType] => Array
(
[0] => Single Family
)
[StreetName] => Array
(
[0] => Kawainui
)
[StreetSuffix] => Array
(
[0] => Street
)
[UnitNumber] => Array
(
[0] => B
)
[City] => Array
(
[0] => Kailua
)
[StateOrProvince] => Array
(
[0] => HI
)
[PostalCode] => Array
(
[0] => 96734
)
[VirtualTourURLUnbranded] => Array
(
[0] =>
)
[ListPrice] => Array
(
[0] => 1600000.00
)
[Neighbourhood] => Array
(
[0] => COCONUT GROVE
)
[Status] => Array
(
[0] => Active Under Contract
)
[PublicRemarks] => Array
(
[0] => Rare 2.75% VA Assumable Opportunity in Kailua! Fall in love w/ this beautifully renovated home featuring a flexible floor plan perfect for multi-generational living or rental income. Main home offers a large open kitchen/living area, 3 bedrooms / 1 bath, LVP flooring & vinyl windows throughout. Attached is a spacious 2 bedroom/1 bath unit w/ its own kitchenette, laundry room and private backyard - ideal as a rental, guest suite, or extended Ohana space. Every detail has been updated - the home underwent a complete renovation in 2021, including splits, flooring, kitchens, and baths, and a new roof was installed in 2023. A large enclosed workshop off the 2-car carport provides room for tools, surfboards, bikes & all your lifestyle gear. The location is hard to beat - a short stroll to shops, restaurants & a quick bike or walk to world-famous Kailua Beach. Don’t miss your chance to secure this low 2.75% rate & enjoy the best of island living! PI pmt/mo is $5860 & current Gap is ~$281k. Secondary financing may reduce Gap to ~$160k. Recently producing $6,700/mo rental income, Open Sat, Oct 18th 10AM-1PM.
)
[ListOfficeName] => Array
(
[0] => Island Living Homes
)
[BedsTotal] => Array
(
[0] => 5
)
[BathsFull] => Array
(
[0] => 2
)
[BathsHalf] => Array
(
[0] => 0
)
[LotSizeArea] => Array
(
[0] => 5004.00
)
[SqftTotal] => Array
(
[0] => 2260
)
[YearBuilt] => Array
(
[0] => 1954
)
[BuildingName] => Array
(
[0] =>
)
[PropertyCondition] => Array
(
[0] => Above Average
)
[ParkingTotal] => Array
(
[0] => 3
)
[StoriesType] => Array
(
[0] => One
)
[View] => Array
(
[0] => Mountain
)
[MaintenanceExpense] => Array
(
[0] =>
)
[LandTenure] => Array
(
[0] => FS - Fee Simple
)
[ElementarySchool] => Array
(
[0] => Kailua
)
[MiddleOrJuniorSchool] => Array
(
[0] => Kailua
)
[HighSchool] => Array
(
[0] => Kalaheo
)
[ListOfficeMLSID] => Array
(
[0] => ILHM
)
[ListAgentEmail] => Array
(
[0] => shannon@shannonwking.com
)
[ListAgentDirectWorkPhone] => Array
(
[0] => (512) 797-4252
)
[ListAgentFullName] => Array
(
[0] => Shannon L King
)
[CloseDate] => Array
(
[0] =>
)
[Matrix_Unique_ID] => Array
(
[0] => 18943616
)
[MatrixModifiedDT] => Array
(
[0] => 2025-10-20T09:09:34.707
)
[ListingContractDate] => Array
(
[0] => 2025-09-09
)
[MLSAreaMajor] => Array
(
[0] => Kailua
)
[PropertyFrontage] => Array
(
[0] => Other
)
[ExemptListingEntryTimestamp] => Array
(
[0] =>
)
[MatrixModifiedTime] => Array
(
[0] => 09:09:34.707
)
[_thumbnail_id] => Array
(
[0] => 27143445
)
[listing_image] => Array
(
[0] => 27143445
[1] => 27143446
[2] => 27143447
[3] => 27143448
[4] => 27143449
[5] => 27143450
[6] => 27143451
[7] => 27143452
[8] => 27143453
[9] => 27143454
[10] => 27143455
[11] => 27143456
[12] => 27143457
[13] => 27143458
[14] => 27143459
[15] => 27143460
[16] => 27143461
[17] => 27143462
[18] => 27143463
[19] => 27143464
[20] => 27143465
[21] => 27143466
[22] => 27143467
[23] => 27143468
)
)
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
listings last updated on October 20, 2025 - 9:09 AM
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®.
If you are interested in those active listings, our company may represent you as the buyer's agent.
If the active listing you are interested in is our company's active listing, you may speak to one of our agents
regarding your options for representation.