| Description | Tucked away in one of Kailua’s most desirable beachside enclaves, this 3-bed, 2-bath residence offers the rare combination of private resort-style living and effortless access to world-famous Kailua Beach. Open the back gate and enjoy a leisurely stroll to turquoise waters, powder-soft sand, and the laid-back luxury lifestyle that defines Kailua living. Designed with indoor-outdoor entertaining in mind, the home centers around a sparkling in-ground pool surrounded by a generous lounge area that creates the feel of a private tropical retreat. Inside, the residence features a bright, functional layout with thoughtful updates throughout. New windows invite natural light and garden views into the living spaces. Set within a quiet, well-kept neighborhood, the home offers a peaceful residential feel while remaining just moments from some of Kailua’s favorite local destinations such as Kalapawai Market and Island Snow for shave ice, smoothies, açaí bowls and more. Whether you envision mornings spent paddleboarding at the beach, afternoons lounging poolside in private, or evenings entertaining under the stars, this exceptional Kailua property captures the essence of elevated island living. |
|---|---|
| Status | Sold since 05-19-2026 |
| MLS# | 202609351 |
| Price | $2,500,000 |
| Original Price | $2,500,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 3 / 2 / 0 |
| Parking Spaces | 4 |
| Living Sq Ft | 1,760 |
| Land Sq Ft | 10,029 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 126 Mahealani Place Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Kailua Estates |
| Days on Market | 6 |
| Year Built | 1954 |
| Year Remodeled | 2025 |
| Condition | Above Average |
| View | None |
| Pool | In Ground |
| Parking | 3 Car+, Garage |
| Zoning | 03 - R10 - Residential District |
| Flood Zone | Zone X |
| Tax Amount | $446 |
| Assessed Land | $1,501,100 |
| Assessed Building | $251,900 |
| Assessed Total | $1,753,000 |
| Assessed Ratio | 143% |
| Inclusions | Ceiling Fan, Dishwasher, Disposal, Dryer, Lawn Sprinkler, Range/Oven, Refrigerator, Washer, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck, Storage, Wall/Fence |
| Utilities | Cable, Internet, Overhead Electricity, Public Water |
| Construction | Hollow Tile, Wood Frame |
| Lot Features | Clear |
| Flooring | Ceramic Tile |
| Disclosures | Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-4-2-018-041-0000 |
| Listing courtesy of | Hawaii Life |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-22-2026 | 202609351 | Sold | C | S | $2,500,000 | $2,480,000 | $1,753,000 | $1,501,100 | $251,900 |
| 05-25-2026 | 202609351 | Active Under Contract | A | C | $2,500,000 | $2,480,000 | $1,753,000 | $1,501,100 | $251,900 |
| 05-19-2026 | 202609351 | New Listing | A | $2,500,000 | $2,480,000 | $1,753,000 | $1,501,100 | $251,900 |
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