$100,000 Price Reduction and UNDER Appraised Value. Sunday Open House (5/26) 2-5pm. This highly desirable and peaceful waterfront corner lot offers the true Kailua lifestyle. Launch your kayak, paddle board, or boat from your private dock to navigate the Kaelepulu Canal. The main lower level home offers 3 bed and 2 bath, and features an open floor plan with a chefs kitchen, oversized appliances and double kitchen islands. The living room leads to an enclosed lanai that opens up to an expansive backyard with cabana, hot tub, and boat dock. Atop the newly built garage sits a 1/1 legal ADU with a large kitchen, built-in office desk, and covered lanai facing the Pillbox Trail. The home also has new roofs, 24 owned PV panels, secure storage, separate W/D areas and a tankless gas water heater.