1342 Mokolea Dr
Kailua, HI 96734

For Sale
Active
List Price
$3,490,000 (FS)
Property Type:
Single Family
Bedrooms:
5
Full Baths:
3
Half Baths:
0
Land Area (sf):
8,028
Living (sf):
2,377
Lanai (sf):
371
Other (sf):
--
Parking Stalls:
3 - 3 Car+, Driveway, Garage
MLS #:
202617667
Island:
Oahu
Region:
Kailua
Neighborhood:
LANIKAI
TMK:
1-4-3-004-023-0000
List Date:

REMARKS:

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!

PROPERTY INFORMATION:

Zoning:
3 - R10 - Residential
Furnished:
Partial
Year Built:
1956
Year Remodeled:
2001

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,417,500
Assd. Val. Imprv:
$1,481,900
Assd. Val. Total:
$2,899,400
Tax Year:
2026
Monthly Taxes:
$2,138
Home Exempt.:
$0

SCHOOLS:

Elem. School:
Kaohao
Middle School:
Kailua
High School:
Kalaheo

OTHER PROPERTY FEATURES:

Frontage:
--
View:
Ocean, Sunrise
Pool:
None
Amenities:
Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Patio/Deck, Wall/Fence
Inclusions:
AC Split, Book Shelves, Ceiling Fan, Dishwasher, Disposal, Dryer, Photovoltaic - Owned, Range/Oven, Refrigerator, Smoke Detector, Water Heater
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Other
Topography:
Gentle Slope, Level
Number of Stories:
Two
Building Style:
Detach Single Family
Property Condition:
Above Average
Construction:
Concrete, Double Wall, Wood Frame
Roofing:
Wood Shake
Floor Covering:
Ceramic Tile, Hardwood
Disclosures:
Photovoltaic, Property Disclosure Stmt
Possession:
45 Days or Less
Terms Accept.:
Cash, Conventional, VA
Land Recorded:
Land Court
Exclusions:
Other
Easements:
Other
Set-Backs:
C&C

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Wednesday, October 7, 2026.  Information is deemed reliable but not guaranteed.  Copyright: 2026 by HiCentral MLS, Ltd.  Listing courtesy of Compass