Kalama Valley Homes under $2 million

Welcome to Kalama Valley, a hidden gem nestled in the lush landscape of Honolulu, Hawaii. This serene neighborhood, located on the southeastern coast of Oahu, offers a unique blend of natural beauty and modern living, making it an ideal place for families, retirees, and everyone in between.

Kalama Valley is renowned for its stunning views of the Ko'olau Mountains and the Pacific Ocean, providing residents with a picturesque backdrop for everyday life. The area is characterized by its tranquil atmosphere, with winding roads and well-maintained parks that invite outdoor activities. Enjoy a leisurely stroll or a vigorous hike, as the nearby hiking trails lead to breathtaking vistas and lush greenery.

One of the standout features of Kalama Valley is its affordability in the real estate market. Homes in this charming neighborhood are available for under $2 million, making it accessible for those looking to invest in a slice of paradise without breaking the bank. From cozy single-family homes to spacious properties with modern amenities, there’s something to suit every taste and lifestyle.

Kalama Valley is also conveniently located near beautiful beaches, shopping centers, and top-rated schools, ensuring that residents have everything they need within reach. Whether you're a beach lover, an outdoor enthusiast, or simply seeking a peaceful community to call home, Kalama Valley offers a perfect blend of relaxation and convenience. Discover your dream home in this enchanting neighborhood and experience the best of island living!

Newest Kalama Valley Homes under $2 million

$1,095,000

4 Beds ⋅ 2 Baths ⋅ 202618140 MLS ⋅ FS - Fee Simple Tenure ⋅ 15 DOM

Welcome to 1391 Ohina Place—the lowest-priced single-family home currently available in highly sought-after Hawaii Kai! If you have been waiting for the perfect entry point into this premier community without compromising on space or privacy, this is the one. Tucked away at the end of a cul-de-sac in peaceful Kalama Valley, this single-level attached home lives and breathes like a private retreat with no neighbors on one side. It features 4 bedrooms, 2 full bathrooms, and 1,336 sq. ft. of living space. Set on a generous 5,397 sq. ft. lot, the property includes an outdoor patio perfect for weekend BBQs or enjoying your morning coffee in total peace. Enjoy everything the Hawaii Kai lifestyle has to offer! You are just minutes away from world-class coastlines like Sandy Beach, beautiful hiking at Koko Crater, top-tier schools, and excellent shopping.

1391 Ohina Place, Honolulu

$1,298,000

3 Beds ⋅ 3 Baths ⋅ 202617888 MLS ⋅ FS - Fee Simple Tenure ⋅ 17 DOM

Welcome to this beautiful two-story home in the desirable Kalama Valley neighborhood of Hawaii Kai. This home has never been for sale before and features a 3-bedroom, 2.5 bath layout, a spacious open floor plan with vaulted ceilings, luxury vinyl plank flooring, and abundant natural light throughout. Enjoy seamless indoor-outdoor living with a covered lanai that opens to a large, fenced yard with an INCREDIBLE white puree mango tree. Split AC units, 18 PV panels owned and on net metering. Experience the perfect blend of comfort, convenience, and island living in one of East Honolulu’s most sought-after communities.

1063 Kamaole Street, Honolulu

1173 Mokuhano Street Unit F101, Honolulu

$975,000

4 Beds ⋅ 4 Baths ⋅ 202616558 MLS ⋅ FS - Fee Simple Tenure ⋅ 38 DOM ⋅ Kalama Kuu BLDG.

Discover this exceptionally spacious 4-bedroom, 3.5-bathroom end-unit townhome in Kalamaku'u offering the generous scale and feel of a single-family residence. Spanning 1,782 sq. ft. of interior living space, this two-story home features soaring high ceilings, central air conditioning, and an abundance of natural light throughout the open-concept main living areas. The flexible floor plan includes both upper and lower primary suites, each complete with a walk-in closet. Step outside to your private, fully enclosed 500 sq. ft. landscaped yard and paved lanai—surrounded by vibrant tropical foliage and a magnificent, fragrant bylon tree—framed by tranquil views of Koko Head Crater. Additional highlights include a convenient interior laundry room, a 1-car garage plus one assigned parking stall. Perfectly situated in peaceful Kalama Valley, moments from Sandy Beach, scenic hiking trails, the Hawaii Kai Golf Course, and everyday shopping and dining conveniences. New roof was installed by the Association in Aug 2025. Unit to be sold "As-Is".

1173 Mokuhano Street Unit F101, Honolulu

$1,200,000

4 Beds ⋅ 4 Baths ⋅ 202614665 MLS ⋅ FS - Fee Simple Tenure ⋅ 44 DOM

Opportunity awaits in a highly desirable location in Kalama Valley! It is the ultimate blank canvas for an ambitious renovation or custom rebuild. Ground settlement is evident. Bring your contractor, vision & transform this property into something truly special. PROPERTY OFFERS A PERMITTED, 1-BEDROOM APARTMENT. Bonus for income, extended ohana or guest quarters. Spacious main layout w/ living, family, dining & laundry rooms. A feature often over-looked is afternoon comfort from heat. Located on the left side of Kalama Valley, the house faces East & receives the gentle morning sun. Enjoy the shade of the mountain from mid-afternoon depending on the time of year. Close to beautiful beaches, active Community Parks, great for walking your dog, hiking trails, Costco, restaurants & shopping! Enjoy the scenic route along the Kaiwi Coast & check out the cliffs above the deep blue ocean as you drive to & from home. Watch the sun & moonrise from Wawamalu (Sandy Beach) or whale watch from Halona Blowhole. A Pre-Listing Home Inspection Report is available - please ask for a copy. Sold "AS-IS."

1160 Kahului Street, Honolulu

$1,395,000

4 Beds ⋅ 2 Baths ⋅ 202615502 MLS ⋅ FS - Fee Simple Tenure ⋅ 45 DOM

Tucked along the rim of Kalama Valley, this beautifully renovated home offers a rare combination of privacy, views and indoor-outdoor living. Set on an elevated 7,086 sq. ft. lot backing to conservation land, the property enjoys peaceful valley views with no homes directly behind. The heart of the home opens to an expansive outdoor deck—an ideal setting for morning coffee, outdoor dining, entertaining or simply relaxing while taking in the quiet surroundings. Mature landscaping includes banana, papaya and calamansi trees, adding to the tropical setting. Inside, the home is beautifully maintained and move-in ready with a renovated interior and fresh interior and exterior paint. The spacious primary suite is thoughtfully separated from the additional bedrooms for privacy, features a large walk-in closet and an amazing primary bathroom. Located in desirable Kalama Valley, enjoy a peaceful residential setting while remaining minutes from Hawaii Kai shopping and dining, Koko Head, Sandy Beach and the scenic East Oahu coastline.

1333 Kaeleku Street, Honolulu

$1,498,000

4 Beds ⋅ 3 Baths ⋅ 202615938 MLS ⋅ FS - Fee Simple Tenure ⋅ 46 DOM

Welcome to 7537 Puumahoe Place, a beautifully updated 4-bedroom, 2.5-bath home offering space, comfort, and flexibility in desirable Kalama Valley. A standout feature is the 4th bedroom on the main level, providing excellent options for multigenerational living, guests, a home office, or changing lifestyle needs. Thoughtfully improved and move-in ready, the home features split AC in every room, skylights that bring in additional natural light, a recently updated roof, garage, and a level backyard ideal for entertaining, outdoor dining, gardening, or simply relaxing at home. Surrounded by the natural beauty of East Oahu, Kalama Valley offers a peaceful single-family neighborhood setting with convenient access to Sandy Beach, Koko Crater, Makapuu Lighthouse Trail, Hawaii Kai Golf Course, neighborhood parks, hiking, surfing, paddling, and other outdoor activities. Everyday conveniences are close by, including Costco, Safeway, Hawaii Kai Towne Center, Koko Marina, shopping, dining, and services. Located within the well-regarded Kaiser public school track, this home offers an appealing combination of indoor-outdoor living, flexibility, neighborhood atmosphere, and East Oahu lifestyle.

7537 Puumahoe Place, Honolulu

$999,000

3 Beds ⋅ 2 Baths ⋅ 202615532 MLS ⋅ FS - Fee Simple Tenure ⋅ 56 DOM

A charming 3-bedroom, 2-bathroom single-family home with 2 parking garage at desirable peaceful neighborhood Kalama Valley popular Hawaii Kai area. Under $1 million, a rarity in Hawaii Kai. even small cute yard and back fence. This is a must-see for anyone who's been dreaming of single family home but assumed it was out of budget. One side of the home shares a wall with the neighboring property, but it is legally classified as a fully detached single-family home, meaning there are no HOA fees whatsoever. With no monthly association dues to worry about, you're free to enjoy homeownership entirely on your own terms.The interior is already upgraded move-in-ready condition, All three bedrooms offer generous space, perfect for a family, or flexible enough to use as a home office or guest room. The location is another major strength. Kalama Valley sits within Hawaii Kai, close to popular spots like Hawaii Kai Town Center, Sandy Beach, and Hanauma Bay — an area long beloved for its balance of natural beauty and everyday convenience. Don't hesitate to reach out if you're interested. Showings are available by appointment anytime. Come to check out in person !

7536 Olili Place, Honolulu

$1,500,000

4 Beds ⋅ 3 Baths ⋅ 202611389 MLS ⋅ FS - Fee Simple Tenure ⋅ 119 DOM

Motivated sellers say to bring a reasonable offer! Mokunoio Place—a quiet cul-de-sac at the beginning of Kalama Valley. Home to great neighbors, delightful parks, hiking trails, and just up the road from Sandy Beach. Enter a thoughtfully designed home with an abundant 1,938 interior square ft creating a light and bright home with vaulted living room ceilings, plus a separate recreation room large enough for a pool table, a modern bright kitchen & adjacent dining room opening to a private covered lanai overlooking a waterfall backyard. Plus, this home features a 1st floor bedroom (office?) and a full bath. The large 2-car garage protects your vehicles and gear and a bonus loft space is perfect as a reading nook, artists studio or kids playhouse. On the second level is the Primary Bedroom with a walk-in closet, new split AC and a huge full bath. Two more bedrooms and a half bath round out the living spaces. If you’re seeking a move-in ready, full feature home—you may have just found your dream. Low maintenance front and back yards let you focus on entertaining and home life. See the Supplements section for upgrades and click on the reel for a Matterport tour. Some enhanced photos.

7544 Mokunoio Place, Honolulu

1175 Mokuhano Street Unit G105, Honolulu

$1,160,000

4 Beds ⋅ 3 Baths ⋅ 202611419 MLS ⋅ FS - Fee Simple Tenure ⋅ 120 DOM ⋅ Kalama Kuu BLDG.

Exceptional value in desirable Kalama Valley, this private, quiet corner unit 4BR/2.5BA townhouse blends comfort, space, and elevated island living. This well appointed residence in Kalama Kuu enjoys one of the community's best locations, offering tranquil green golf course views and a serene sense of privacy. Inside, high ceilings create an open, airy feel throughout the main living areas, complemented by central air conditioning and a thoughtful layout featuring a main level primary suite. Upstairs, three well separated bedrooms and a full bath provide ideal flexibility for living, guests or office space. A dedicated laundry room adds everyday convenience. The fully enclosed backyard extends the living space into a peaceful outdoor retreat perfect for relaxing, gardening, or entertaining. An expansive two car garage offers extra storage or room for a long vehicle — a rare advantage in townhouse living. With a new roof installed by the Association in Aug 2025 and close proximity to Sandy Beach, Costco, local shops, restaurants, and Hawaii Kai Shopping Center conveniences, this spacious home is a rare offering in Kalama Kuu. VA approved

1175 Mokuhano Street Unit G105, Honolulu

$1,800,000

3 Beds ⋅ 3 Baths ⋅ 202607390 MLS ⋅ FS - Fee Simple Tenure ⋅ 127 DOM

Welcome to your multi-level Kalama Valley oasis in highly desirable Hawaii Kai. This meticulously maintained, original-owner estate sits on an expansive premier lot of over 11,000 square feet. Step inside to discover beautiful, warm interior finishes highlighted by rich, custom Koa wood craftsmanship throughout. The thoughtful multi-level floor plan perfectly balances spacious communal living with private, serene retreats. Your outdoor paradise awaits in the amenity-filled backyard. Realize your tropical dreams while relaxing by the sparkling swimming pool and soothing spa. Second floor balcony positioned to capture breathtaking views, you will enjoy picturesque brilliant blue ocean, and unforgettable Hawaiian sunrise in the morning. This rare property combines space, quality, and an unbeatable location close to beaches, Koko Crater Botanical Garden, Sandy Beach Park, and nearby shopping centers. Do not miss this unique chance to own a piece of paradise.

1014 Mokuhano Street, Honolulu

$1,115,000

3 Beds ⋅ 2 Baths ⋅ 202607973 MLS ⋅ FS - Fee Simple Tenure ⋅ 170 DOM

This immaculate 3-bedroom, 2-bath single-family home offers comfort and convenience on a quiet cul-de-sac in desirable Kalama Valley. Enjoy the thoughtful layout, stainless steel appliances, quartz and granite countertops, and generous closet and storage space. Beautiful, durable vinyl plank flooring adorns the spacious living/dining room, where sunlight pours in through a large picture window. This retreat also boasts a new fence, new exterior paint, new HECO meter box, new bedroom and bathroom doors and hardware, a refreshed laundry area and a landscape architect-designed drainage system. Parks, beaches, hiking trails, ocean activities, great stores and restaurants, Hawaii Kai Golf Course, and acclaimed natural wonders such as Hanauma Bay and Koko Crater Botanical Garden are just minutes away. The property’s location in a highly regarded school district makes it especially appealing for families with children (Henry J. Kaiser High School holds coveted designation as an International Baccalaureate World School). Other pluses: This attached home has no HOA fees, and it is not in a Special Flood Hazard Area.

1402 Ohina Place, Honolulu

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.