| Description | Prime Lanikai Location and Large, Level Land. This lot is 40% larger than a standard Lanikai lot and it’s just yards from the best of Lanikai’s sandy beach. New concrete block perimeter wall built by First Choice Concrete. Newly updated original 1930’s Cottage, currently tenant occupied. Collect rent while you finalize your building plans. This is the canvas to make your Lanikai dream a reality. (Property taxes can be significantly lower for owner-occupant) |
|---|---|
| Status | Sold since 04-16-2026 |
| MLS# | 202607560 |
| Price | $3,495,000 |
| Original Price | $3,680,000 |
| Price Change | $-185,000 (-5.03%) |
| Beds / Baths / Half | 3 / 1 / 0 |
| Parking Spaces | 3 |
| Living Sq Ft | 1,000 |
| Land Sq Ft | 14,062 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 119 Kuailima Drive Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Lanikai |
| Days on Market | 134 |
| Year Built | 1932 |
| Year Remodeled | 1949 |
| Condition | Above Average |
| View | Mountain |
| Pool | None |
| Parking | 3 Car+ |
| Zoning | 03 - R10 - Residential District |
| Flood Zone | Zone X |
| Tax Amount | $2,007 |
| Assessed Land | $2,285,900 |
| Assessed Building | $475,400 |
| Assessed Total | $2,761,300 |
| Assessed Ratio | 127% |
| Inclusions | AC Split, AC Window Unit, Ceiling Fan, Range/Oven, Refrigerator, Water Heater |
| Utilities | Cable, Connected, Internet, Overhead Electricity, Public Water, Telephone, Water |
| Construction | Single Wall, Wood Frame |
| Lot Features | Clear |
| Flooring | Laminate, Other |
| Disclosures | Licensed Owner, Pet on Property, Property Disclosure Stmt, Relative of Licensee |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family |
| Roofing | Composition |
| Easements | None |
| Parcel # | 1-4-3-006-003-0000 |
| Listing courtesy of | Carvill Sotheby's Intl. Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-09-2026 | 202607560 | Sold | P | S | $3,495,000 | $3,320,000 | $2,761,300 | $2,285,900 | $475,400 |
| 09-04-2026 | 202607560 | Pending | C | P | $3,495,000 | $3,320,000 | $2,761,300 | $2,285,900 | $475,400 |
| 08-28-2026 | 202607560 | Active Under Contract | A | C | $3,495,000 | $3,320,000 | $2,761,300 | $2,285,900 | $475,400 |
| 07-16-2026 | 202607560 | Price Decrease | $3,680,000 | $3,495,000 | $3,495,000 | $3,320,000 | $2,761,300 | $2,285,900 | $475,400 |
| 04-16-2026 | 202607560 | New Listing | A | $3,495,000 | $3,320,000 | $2,761,300 | $2,285,900 | $475,400 | |
| 07-22-2025 | 202417277 | Cancelled | A | W | $3,980,000 | $0 | $2,502,700 | $2,285,900 | $216,800 |
| 02-13-2025 | 202417277 | Price Decrease | $4,250,000 | $3,980,000 | $3,980,000 | $0 | $2,502,700 | $2,285,900 | $216,800 |
| 08-01-2024 | 202417277 | New Listing | A | $3,980,000 | $0 | $2,502,700 | $2,285,900 | $216,800 | |
| 11-18-2022 | 202217207 | Sold | P | S | $2,200,000 | $2,500,000 | $2,432,700 | $2,285,900 | $146,800 |
| 10-06-2022 | 202217207 | In Escrow Not Showing | C | P | $2,200,000 | $2,500,000 | $2,432,700 | $2,285,900 | $146,800 |
| 10-02-2022 | 202217207 | In Escrow Showing | A | C | $2,200,000 | $2,500,000 | $2,432,700 | $2,285,900 | $146,800 |
| 09-23-2022 | 202217207 | New Listing | CS | A | $2,200,000 | $2,500,000 | $2,432,700 | $2,285,900 | $146,800 |
| 09-20-2022 | 202217207 | Coming Soon | I | CS | $2,200,000 | $2,500,000 | $2,432,700 | $2,285,900 | $146,800 |
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