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240 Kalama St, Kailua, HI, 96734

4beds
3baths
2,053sqft
$2,050,000
$999price/sqft
$12,214/moest. monthly cost
$488,560/yrincome needed

About This Home

Relax and enjoy your slice of paradise just blocks from world famous Kailua beaches. There are cool tropical tradewinds for this brand new construction 4 bedroom 3 bath detached single family home with a brand new swimming pool and covered lanai. Enjoy an active beach, hiking and biking lifestyle with great restaurants and shopping right down the road. There is an open floor plan. High quality construction with lovely finishes throughout including quartz countertops, stainless steel appliances with durable ceramic tile and vinyl flooring. Split AC throughout and a 220 outlet for your electric car.

Getting Around

41
WalkingCar-Dependent
30
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

7/10
Kainalu Elementary SchoolGrades PK-60.3 mi
7/10
10/10
Kalaheo High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Excellent
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Construction materials: Double Wall,Vinyl Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedroom on Main Level
  • Flooring: Ceramic Tile,Vinyl

Foyer

  • Level: Main

Interior Area

  • Total structure area: 2,278
  • Total interior livable area: 2,053 sqft

Property

Details

  • Parcel number: 1430380020000
  • Zoning description: 05 - R-5 Residential District
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: In Ground,Pool
  • Exterior features: Landscaping
  • Fencing: Fenced,Wall
  • Has view: Yes
  • View description: Mountain(s)
  • Frontage type: Other
  • Topography of land: Level

Lot

  • Features: Cleared,Other,Level

Parking

  • Total spaces: 4
  • Parking features: Three or more Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Tsunami

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,365$124,380
Home Insurance *$304$3,648
Property Taxes $884$10,608
Electricity $661$7,933
Total$12,214$146,568
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$418,765/yr
40% on housing$366,420/yr
45% on housing$325,706/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$999This listing

vs Other Active Listings

Avg $/sqft

ZIP 96734$1,219
Honolulu County$747

vs Homes Sold Last Month

Median $/sqft

ZIP 96734$964
Honolulu County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-07Contingent$2,050,000
2026-07-23Listed for sale$2,050,000
2025-10-22Sold$1,000,000
2025-09-27Contingent$1,150,000
2025-07-22Listed for sale$1,150,000
2018-04-03Sold$228,375

New Construction

AgentMichael J Tucker
BrokerageeXp Realty

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