| Description | Imagine over 19,000 square feet with access to Kailua Bay! This is the location people dream about....... There is direct access to the ocean. Have a boat? Explore this location! The large level lot is waiting for you to create a masterpiece. The property has been with the same family for over 60 years..... Come and create your family compound. The homes have been well lived in and need updating. The single level main house is a 3 bedroom 2 bath home with 2 large living areas. The cottage is a 2 story 3 bedroom 2 bath home with breathtaking ocean and mountain views. Completely update the current structures or start over and create your own vision of paradise. Imagine the possibilities. This size property in this location does not come available very often.....Opportunity is knocking. |
|---|---|
| Status | Sold since 05-13-2026 |
| MLS# | 202606241 |
| Price | $3,300,000 |
| Original Price | $3,300,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 6 / 4 / 0 |
| Parking Spaces | 4 |
| Living Sq Ft | 3,934 |
| Land Sq Ft | 19,286 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 742 Mokapu Road Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Kaimalino |
| Days on Market | 19 |
| Year Built | 1956 |
| Year Remodeled | 1988 |
| Condition | Average,Fair |
| View | Marina/Canal, Mountain, Ocean, Sunrise |
| Frontage | Stream/Canal, Waterfront |
| Pool | None |
| Parking | 3 Car+ |
| Zoning | 03 - R10 - Residential District |
| Flood Zone | Zone AE,Zone XS |
| Elementary | Aikahi |
| Middle | Kailua |
| High | Kalaheo |
| Tax Amount | $814 |
| Assessed Land | $2,455,900 |
| Assessed Building | $1,192,300 |
| Assessed Total | $3,648,200 |
| Assessed Ratio | 90% |
| Inclusions | Ceiling Fan, Disposal, Range/Oven, Refrigerator, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck, Storage, Wall/Fence |
| Utilities | Cesspool, Overhead Electricity, Public Water, Telephone |
| Construction | Double Wall, Single Wall, Slab |
| Lot Features | Clear |
| Flooring | Ceramic Tile, Laminate, Other, W/W Carpet |
| Disclosures | Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family, Multiple Dwellings |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-4-4-023-015-0000 |
| Listing courtesy of | Horita Realty LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 07-02-2026 | 202606241 | Sold | C | S | $3,300,000 | $3,300,000 | $3,648,200 | $2,455,900 | $1,192,300 |
| 06-01-2026 | 202606241 | Active Under Contract | A | C | $3,300,000 | $3,300,000 | $3,648,200 | $2,455,900 | $1,192,300 |
| 05-13-2026 | 202606241 | New Listing | CS | A | $3,300,000 | $3,300,000 | $3,648,200 | $2,455,900 | $1,192,300 |
| 05-13-2026 | 202606241 | $3,300,000 | $3,300,000 | $3,300,000 | $3,648,200 | $2,455,900 | $1,192,300 |
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