| Description | Exceptional value and potential in the coveted Lanikai neighborhood! Tucked away on a quiet street off the main loop, this light-filled, move-in-ready 5-bedroom, 3-bath home captures beautiful ocean and Mokulua Island views from the main living areas, kitchen, dining area and primary bedroom. Abundant windows let in tons of natural light and ocean breezes and an expansive lanai for dining and entertaining offers memorable sunrise & moonrise views. Above the detached garage, a flexible suite with full bath, Murphy bed & built-in workspace offers exceptional Mokulua views—ideal as a fifth bedroom, guest suite or private office, while showcasing the property’s incredible view potential. Shovel-ready, approved permits expand the home to 4,400+ sq ft, maximizing its ocean and Mokulua views—with the 2-year design and permitting process already complete. Enjoy privacy from the lush landscaping. A level backyard has room for a pool and is ready for your vision. The private 5-foot-wide deeded easement to Aalapapa Drive puts Lanikai’s turquoise water and white sand just 300 yards away. This home is only being offered for a limited time so don’t wait to schedule your private showing! |
|---|---|
| Status | Active since 09-23-2026 |
| MLS# | 202617667 |
| Price | $3,490,000 |
| Original Price | $3,490,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 5 / 3 / 0 |
| Parking Spaces | 3 |
| Living Sq Ft | 2,377 |
| Land Sq Ft | 8,028 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1342 Mokolea Drive Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Lanikai |
| Days on Market | 5 |
| Year Built | 1956 |
| Year Remodeled | 2001 |
| Condition | Above Average |
| View | Ocean, Sunrise |
| Pool | None |
| Parking | 3 Car+, Driveway, Garage |
| Zoning | 03 - R10 - Residential District |
| Flood Zone | Zone X |
| Elementary | Kaohao |
| Middle | Kailua |
| High | Kalaheo |
| Tax Amount | $2,138 |
| Assessed Land | $1,417,500 |
| Assessed Building | $1,481,900 |
| Assessed Total | $2,899,400 |
| Assessed Ratio | 120% |
| Inclusions | AC Split, Book Shelves, Ceiling Fan, Dishwasher, Disposal, Dryer, Photovoltaic - Owned, Range/Oven, Refrigerator, Smoke Detector, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Patio/Deck, Wall/Fence |
| Utilities | Cable, Connected, Overhead Electricity, Public Water, Sewer Fee, Water |
| Construction | Concrete, Double Wall, Wood Frame |
| Lot Features | Other |
| Flooring | Ceramic Tile, Hardwood |
| Disclosures | Photovoltaic, Property Disclosure Stmt |
| Furnished | Partial |
| Land Recorded | Land Court |
| Possession | 45 Days or Less |
| Sale Conditions | None |
| Topography | Gentle Slope, Level |
| Building Style | Detach Single Family |
| Roofing | Wood Shake |
| Easements | Other |
| Parcel # | 1-4-3-004-023-0000 |
| Listing courtesy of | Compass |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-23-2026 | 202617667 | New Listing | CS | A | $3,490,000 | $0 | $2,899,400 | $1,417,500 | $1,481,900 |
| 08-03-2023 | 202310912 | Sold | C | S | $2,700,000 | $2,600,000 | $2,153,000 | $1,417,500 | $735,500 |
| 06-03-2023 | 202310912 | Active Under Contract | A | C | $2,700,000 | $2,600,000 | $2,153,000 | $1,417,500 | $735,500 |
| 05-18-2023 | 202310912 | New Listing | A | $2,700,000 | $2,600,000 | $2,153,000 | $1,417,500 | $735,500 | |
| 02-03-2010 | 1001532 | Withdrawn | A | W | $1,195,000 | $0 | $1,074,700 | $1,074,700 | $0 |
| 02-03-2010 | 1001532 | New Listing | A | $1,195,000 | $0 | $1,074,700 | $1,074,700 | $0 | |
| 04-24-2003 | 2305309 | New Listing | A | $798,000 | $810,000 | $609,600 | $558,300 | $51,300 | |
| 10-04-2001 | 2010618 | Expired | C | X | $789,000 | $0 | $350,800 | $290,900 | $59,900 |
| 04-09-2001 | 2010618 | Price Increase | $769,000 | $789,000 | $789,000 | $0 | $350,800 | $290,900 | $59,900 |
| 04-09-2001 | 2010618 | Back On Market | T | A | $789,000 | $0 | $350,800 | $290,900 | $59,900 |
| 02-01-2001 | 2010618 | Temporarily Withdrawn | A | T | $789,000 | $0 | $350,800 | $290,900 | $59,900 |
| 11-16-2000 | 2010618 | Price Decrease | $799,000 | $769,000 | $789,000 | $0 | $350,800 | $290,900 | $59,900 |
| 10-28-2000 | 2010618 | New Listing | A | $789,000 | $0 | $350,800 | $290,900 | $59,900 |
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