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118 Kaiolena Drive

Kailua HI 96734 · Active

118 Kaiolena Drive

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DescriptionEmbrace the ultimate coastal lifestyle in Oahu’s premier beachside enclave. Situated just two houses back from the powder-soft sands and clear turquoise waters of world-renowned Lanikai Beach, this extraordinary 16,125-square-foot level parcel presents an exceptional opportunity to construct a custom legacy estate. Significantly larger than the average lot size in the neighborhood, this cleared, buildable and surveyed property provides a pristine canvas for your architectural vision. Enjoy effortless ocean access just steps from your driveway—launch your paddleboard or kayak for an easy excursion to the iconic Mokulua Islands. Hike Ka'iwa Ridge to the WW II pillbox for sunrise and windward panoramic views. Enjoy the recreation, dining and social life that MidPacific Country Club offers in your own neighborhood. Comes complete with architect sketches for a gracious Kamaaina-style home designed for comfort and gracious island living. Recent Survey is available. Don't miss this rare opportunity to secure buildable land of this size and caliber in Lanikai that seldom appears on the market.
StatusActive since 09-16-2026
MLS#202617739
Price$3,200,000
Original Price$3,200,000
Price Change (0.00%)
Land Sq Ft16,125
Land TenureFS - Fee Simple
Maintenance Fee$0
Address118 Kaiolena Drive Kailua HI 96734
RegionKailua
NeighborhoodLanikai
Days on Market11
ViewMountain, Sunrise, Sunset
FrontageOther
Zoning03 - R10 - Residential District
Flood ZoneZone X
ElementaryKaohao
MiddleKailua
HighKalaheo
Tax Amount$2,075
Assessed Land$2,481,900
Assessed Building$92,400
Assessed Total$2,574,300
Assessed Ratio124%
UtilitiesCable, Overhead Electricity, Sewer, Water
Lot FeaturesClear
DisclosuresNon Resident Owner, Property Disclosure Stmt
Land RecordedLand Court
Sale ConditionsNone
TopographyLevel
EasementsNone
Parcel #1-4-3-007-002-0000
Listing courtesy ofCorcoran Pacific Properties
DateMLS#ChangeOld ValueNew ValueList PriceSold PriceAssessed TotalLandBuilding
09-17-2026202617739New ListingA$3,200,000$0$2,574,300$2,481,900$92,400
06-03-2025202509384SoldCS$2,850,000$2,800,000$2,571,400$2,481,900$89,500
05-03-2025202509384Active Under ContractAC$2,850,000$2,800,000$2,571,400$2,481,900$89,500
04-08-2025202509384New ListingA$2,850,000$2,800,000$2,571,400$2,481,900$89,500
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