| Rebate | 20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling |
|---|---|
| Description | Rare Lanikai Opportunity | 16,125 SQ FT Cleared & Level Parcel Offered at $3,200,000 Embrace 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 (3050SF+950SF) designed for comfort and gracious island living. Recent Survey available. Don't miss this rare opportunity to secure buildable land of this size and caliber in Lanikai that seldom appear on the market. |
| Status | Active since 10-08-2026 |
| MLS# | 202617896 |
| Price | $3,200,000 |
| Original Price | $3,200,000 |
| Price Change | (0.00%) |
| Previous Sale | 201707793 · $1,605,000 · 05-19-2017 |
| Beds / Baths / Half | 0 / 0 / 0 |
| Parking Spaces | 3 |
| Land Sq Ft | 16,125 |
| Land Tenure | FS - Fee Simple |
| Address | 118 Kaiolena Drive Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Lanikai |
| Days on Market | 24 |
| Year Built | 2026 |
| Condition | Excellent |
| View | Mountain, Sunrise, Sunset |
| Frontage | Other |
| Pool | None |
| Parking | 3 Car+ |
| Zoning | 03 - R10 - Residential District |
| Flood Zone | Zone X · See flood zone map · Explain flood zones |
| Elementary | Kaohao |
| Middle | Kailua |
| High | Kalaheo |
| Monthly Tax | $2,075 |
| Assessed Land | $2,481,900 |
| Assessed Total | $2,481,900 |
| Assessed Ratio | 129% |
| Inclusions | None |
| Utilities | Overhead Electricity, Public Water, Sewer Fee |
| Construction | Other |
| Lot Features | Clear |
| Flooring | Other |
| Disclosures | Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | 45 Days or Less |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family |
| Stories | One |
| Roofing | Other |
| Easements | None |
| Security | Key |
| Parcel # | 1-4-3-007-002-0000 |
| Listing courtesy of | Corcoran Pacific Properties |
Property History from MLS · Top
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 10-08-2026 | 202617896 | New Listing | A | $3,200,000 | $0 | $2,481,900 | $2,481,900 | $0 | |
| 06-03-2025 | 202509385 | Cancelled | A | W | $2,850,000 | $0 | $2,571,400 | $2,481,900 | $89,500 |
| 06-03-2025 | 202509385 | Back On Market | C | A | $2,850,000 | $0 | $2,571,400 | $2,481,900 | $89,500 |
| 05-03-2025 | 202509385 | Active Under Contract | A | C | $2,850,000 | $0 | $2,571,400 | $2,481,900 | $89,500 |
| 04-08-2025 | 202509385 | New Listing | A | $2,850,000 | $0 | $2,571,400 | $2,481,900 | $89,500 | |
| 05-22-2017 | 201707793 | Sold | P | S | $1,455,000 | $1,605,000 | $1,839,900 | $1,776,500 | $63,400 |
| 05-02-2017 | 201707793 | In Escrow Not Showing | A | P | $1,455,000 | $1,605,000 | $1,839,900 | $1,776,500 | $63,400 |
| 04-26-2017 | 201707793 | New Listing | A | $1,455,000 | $1,605,000 | $1,839,900 | $1,776,500 | $63,400 |
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