This Kailua house is in escrow

Some clients of mine have this Kailua home in escrow as of this weekend. It's a great old house built in 1968 with 2,586 sqft of space, which is listed for $725k. It's a big house which has 5 bedrooms and 3.5 baths., which is divided into two separate units.


This house has 2bedrooms and 2baths upstairs and 3bedrooms and 1.5baths downstairs w/separate entrances. Many houses in Kailua have a 2nd unit that is either rented or used by extended family.

Since the average price of a starter home in Kailua is about $700k to start, and over $1million for a nice renovated home, many people have some kind of second unit to reduce the costs.

Besides the beach nearby and the great town, one of the advantages of Kailua is that the drive over the Pali into town is usually pretty quick, at around 20 minutes.