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118 Kaiolena Drive

Kailua HI 96734 · Active · $3,200,000

118 Kaiolena Drive

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Rebate20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling
DescriptionRare 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.
StatusActive since 10-08-2026
MLS#202617896
Price$3,200,000
Original Price$3,200,000
Price Change (0.00%)
Beds / Baths / Half0 / 0 / 0
Parking Spaces3
Land Sq Ft16,125
Land TenureFS - Fee Simple
Maintenance Fee$0
Address118 Kaiolena Drive Kailua HI 96734
RegionKailua
NeighborhoodLanikai
Days on Market10
Year Built2026
ConditionExcellent
ViewMountain, Sunrise, Sunset
FrontageOther
PoolNone
Parking3 Car+
Zoning03 - R10 - Residential District
Flood ZoneZone X
ElementaryKaohao
MiddleKailua
HighKalaheo
Tax Amount$2,075
Assessed Land$2,481,900
Assessed Total$2,481,900
Assessed Ratio129%
InclusionsNone
UtilitiesOverhead Electricity, Public Water, Sewer Fee
ConstructionOther
Lot FeaturesClear
FlooringOther
DisclosuresProperty Disclosure Stmt
Land RecordedLand Court
Possession45 Days or Less
Sale ConditionsNone
TopographyLevel
Building StyleDetach Single Family
RoofingOther
EasementsNone
SecurityKey
Parcel #1-4-3-007-002-0000
Listing courtesy ofCorcoran Pacific Properties
DateMLS#ChangeOld ValueNew ValueList PriceSold PriceAssessed TotalLandBuilding
10-08-2026202617896New ListingA$3,200,000$0$2,481,900$2,481,900$0
06-03-2025202509385CancelledAW$2,850,000$0$2,571,400$2,481,900$89,500
06-03-2025202509385Back On MarketCA$2,850,000$0$2,571,400$2,481,900$89,500
05-03-2025202509385Active Under ContractAC$2,850,000$0$2,571,400$2,481,900$89,500
04-08-2025202509385New ListingA$2,850,000$0$2,571,400$2,481,900$89,500
05-22-2017201707793SoldPS$1,455,000$1,605,000$1,839,900$1,776,500$63,400
05-02-2017201707793In Escrow Not ShowingAP$1,455,000$1,605,000$1,839,900$1,776,500$63,400
04-26-2017201707793New ListingA$1,455,000$1,605,000$1,839,900$1,776,500$63,400
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