Great Location & Fantastic Value! Situated on a hillside above Kailua Beach Park, is a charming home perfect for enjoying the Kailua life-style. This board and batten two-story home is nestled on a quiet lane. Built in 1999, its relatively new by Kailua standards. The home has a gracious covered entry with double wood framed etched glass doors that lead into an open concept living area with lovely wood floors. There are 2 bedrooms with split A/C and a full bath on the main level, & a sweet screened lanai next to the kitchen perfect for dining al fresco. At the front of the house, there is a large attached rec room with a wet bar which has its own entrance from the street, a full bath, and the laundry facilities. The second level is one large suite with its own full bath and decks that lead to a roof-top lanai that has panoramic views overlooking the beach park to the ocean. Best of all, the property is priced significantly under the assessed value. This is a deal not to be missed!