$4,350,000
SOLD AUG 6, 2020

1318 Mokulua Dr Kailua, HI 96734

0.39 Acre
$11,035,234 Price per Acre
17,171 Sq Ft Lot

Recently Sold

Highlights

  • Ocean Front
  • 17,171 Sq Ft lot
  • Level Lot
  • Kailua Intermediate School Rated A-

About This Lot

As of August 2020

LANIKAI OCEANFRONT-large parcel of prime buildable land dramatically frames the iconic Mokulua Islands with picture postcard turquoise blue waters and mountain views too. Build your dream estate on the quiet end of the Lanikai loop, gaze at jaw dropping sunrises and full moons shimmering on the water in the evenings, swim with the turtles and whale watch. Drawings for a stunning new luxury home designed by Badenhop Architectural. Live the relaxed beach lifestyle and enjoy water activities from your backyard such as kayaking, SUP boarding, windsurfing and swimming. Hike the Lanikai pillbox, golf at the Mid-Pacific Country Club, and shop and dine in quaint Kailua town. If you are looking for the perfect island paradise location to build your dream home, look no further!

Last Agent to Sell the Property

Cynthia Nash

Hawaii Life License #RB-17455 Listed on: 08/06/2020

Last Buyer's Agent

Ann Kwock

Trinity Properties, LLC License #RB-16772

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52,848

Lot Details

  • 0.39 Acre Lot
  • Ocean Front
  • Property fronts a county road
  • Level Lot
  • Zoning described as 03 - R10 - Residential District

Property Views

  • Ocean Views

Schools

  • Kaohao Elementary School
  • Kailua Middle School
  • Kalaheo High School

Community Details

  • Lanikai Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-004-076-0000

Property Details

Property Type

Land

Est. Annual Taxes

$52,848

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Prop. Type: Land
  • Current Use: Residential
  • Road Frontage Type: Oceanfront, Waterfront
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cleared, Interior Lot, Level
  • Topography: Level
  • View: Mountain(s), Ocean, Sunrise
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Seller Disclosure

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected, Not Connected
  • Water Source: Public

Schools

  • Elementary School: Kaohao
  • High School: Kalaheo
  • Middle Or Junior School: Kailua

Lot Info

  • Crops Included: No
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel Number: 1-4-3-004-076-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 52848.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Aug 20, 2020
Sold by
Reish Robert C and Reish Kathleen A
Bought by
Luamoku Group Llc
Seller's Agent
Cynthia Nash
Hawaii Life
Buyer's Agent
Ann Kwock
Trinity Properties, LLC
List Price
$4,350,000
Sold Price
$4,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Jan 27, 2020
Sold by
Reish Eugene Harry and The Sundial Living Trust
Bought by
Reish Robert C and Reish Kathleen A

Purchase Details

Closed on
Dec 5, 2019
Sold by
Reish Robert C and Reish Kathleen A
Bought by
Reish Eugene Harry and The Sundial Living Trust

Purchase Details

Listed on
Mar 7, 2019
Closed on
May 22, 2019
Sold by
Sl Development Llc
Bought by
Reish Robert C and Reish Kathleen A
Seller's Agent
Patty Bell
Carvill Sotheby's Intl. Realty
Buyer's Agent
Alesia Barnes
Compass
List Price
$5,500,000
Sold Price
$5,300,000
Premium/Discount to List
-$200,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Belsby Kirk O and Borina Belsby Kathy
Bought by
Sl Development Llc

Purchase Details

Closed on
May 5, 2006
Sold by
Belsby Kirk O and Borina Belsby Kathy
Bought by
Flanigan Keith R and Flanigan Janel M

Purchase Details

Closed on
Sep 15, 2005
Sold by
Grossman Elizabeth Rice
Bought by
Belsby Kirk O and Borina Belsby Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,987,680
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 7, 2002
Sold by
Olds Kenneth Thomas
Bought by
Grossman Elizabeth Rice and Elizabeth Rice Grossman Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,350,000 Or
Warranty Deed $4,350,000 Or
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $5,300,000 Fntic
Warranty Deed $5,300,000 Fntic
Warranty Deed $5,500,000 Tg
Limited Warranty Deed $154,100 None Available
Warranty Deed $4,550,000 Tg
Deed $3,060,000 Old Republic Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,987,680 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $6,900,000 +58.6% --
08/06/2020 08/06/20 Sold $4,350,000 0.0% --
08/06/2020 08/06/20 For Sale $4,350,000 -17.9% --
06/12/2019 06/12/19 Sold $5,300,000 -3.6% --
05/13/2019 05/13/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $5,500,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $56,719 $5,624,500 $5,624,500 --
2024 $56,719 $5,624,500 $5,624,500 --
2023 $56,719 $5,624,500 $5,624,500 $0
2022 $45,354 $4,890,900 $4,890,900 $0
2021 $41,759 $4,548,500 $4,548,500 $0
2020 $52,848 $5,604,600 $5,604,600 $0
2019 $48,661 $5,769,400 $5,769,400 $0
2018 $48,661 $5,906,800 $5,906,800 $0
2017 $34,287 $5,714,500 $5,714,500 $0
2016 $32,968 $5,494,700 $5,494,700 $0
2015 $32,968 $5,494,700 $5,494,700 $0
2014 -- $3,846,300 $3,846,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202014113

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-004-076-0000