NOT LISTED FOR SALE

1508 Mokulua Dr Kailua, HI 96734

Estimated Value: $7,710,000 - $9,946,000

6 Beds
7.5 Baths
6,023 Sq Ft
$1,399/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $6,600,000 $1,096 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $50,459/month

26 Days on Market

Highlights

  • Ocean Front
  • 27,000 Sq Ft lot
  • Main Floor Bedroom
  • Kailua Intermediate School Rated A-
  • Wood Flooring
  • Building Patio

About This Home

As of July 2019

LARGEST OCEANFRONT AVAILABLE IN LANIKAI with 27,000 sq.ft. of LAND AND 76 FEET OF LINEAR OCEAN FRONTAGE.
We have lowered the price and are READY TO MOVE. This is truly a Magnificent Estate that could be turned
Hawaiian style very easily! This home is immaculate inside. It does need some updates but you will be surprised. The views from the Master Bedroom are OUTSTANDING and like no other! We are on a public access that is mostly used by a few Lanikai residents as there is a lovely little spit of white sandy beach to enjoy. For your guests or caretaker, there is a 2 bedroom, 1 bath Cottage with a full kitchen that can also be turned into a great pool house. Bring your Imagination and make your appointment today!

Last Agent to Sell the Property

Alesia Barnes

Compass License #RB-22312 Listed on: 05/13/2019

Compass

Co-Listed By

Aaron Businger

Compass License #RS-77688

Last Buyer's Agent

Daniel Pacheco

Island Heritage Realty, Inc. License #RB-12467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,088

Year Built

  • Built in 1972

Lot Details

  • 0.62 Acre Lot
  • Ocean Front
  • Landscaped
  • Level Lot
  • Zoning described as 03 - R10 - Residential District

Property Views

  • Ocean
  • Coastline
  • Garden

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 6,023 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • 3 Car Garage
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-003-074-0000

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch
  • Community Storage Space

Additional Features

  • Lanikai Subdivision
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,088

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Detached, Multi-Family
  • Co List Office Mls Id: ELIT
  • Inclusions: AC Central,AC Window Unit,Auto Garage Door Opener,Cable TV,Chandelier,Convection Oven,Dishwasher,Disposal,Drapes,Dryer,Lawn Sprinkler,Microwave,Range/Oven,Refrigerator,Security System,Smoke Detector,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1972
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Road Frontage Type: Oceanfront, Waterfront
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • Co List Office Phone: (808) 589-2040
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Two
  • Living Area: 6023.0
  • New Construction: No
  • Roof: Tile
  • RoomType: Entry/Foyer
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Hardwood, Marble, Other
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Masonry, Single Wall, Stucco
  • Lot Features: Cleared, Other, Level
  • Pool Features: None
  • Property Condition: Average Condition, Good Condition, Updated/Remodeled
  • Topography: Level
  • View: Coastline, Garden, Mountain(s), Ocean, Sunrise
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Exterior Features: Landscaping
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Driveway, Garage, Three or more Spaces
  • Total Parking Spaces: 3.0
  • Attached Garage: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Parcel Number: 1-4-3-003-074-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 62088.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Sousa Walter J and Sousa Karin R
Bought by
Sousa Family Llc
Current Estimated Value
$8,425,925

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 3, 2019
Sold by
Achuck Lionel W
Bought by
Sousa Walter J and Sousa Karin R
Seller's Agent
Alesia Barnes
Compass
Buyer's Agent
Daniel Pacheco
Island Heritage Realty, Inc.
List Price
$6,900,000
Sold Price
$6,600,000
Premium/Discount to List
-$300,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Jul 8, 2006
Sold by
Achuck Family Partnership Lp
Bought by
Achuck Lionel W and Lionel Achuck 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 Buyer Sale Price Title Company
Sousa Family Llc $6,425,500 None Available
Sousa Walter J -- Fam
Sousa Walter J -- Fam
Sousa Walter J -- Fam
Achuck Lionel W $5,455,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $6,600,000 -4.3% $1,096 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $6,900,000 -- $1,146 / Sq Ft
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 $69,443 $6,744,000 $6,129,800 $614,200
2024 $69,443 $6,740,600 $6,129,800 $610,800
2023 $81,455 $7,794,300 $6,129,800 $1,664,500
2022 $66,552 $6,909,700 $5,330,200 $1,579,500
2021 $61,468 $6,425,500 $4,957,100 $1,468,400
2020 $71,877 $7,416,900 $5,497,200 $1,919,700
2019 $62,088 $7,639,900 $5,658,900 $1,981,000
2018 $62,088 $7,398,700 $5,793,700 $1,605,000
2017 $43,100 $7,183,300 $5,605,000 $1,578,300
2016 $45,272 $7,545,400 $5,389,500 $2,155,900
2015 $43,912 $7,318,600 $5,389,500 $1,929,100
2014 -- $5,759,700 $3,772,600 $1,987,100
Source: Public Records

Agents Affiliated with this Home

  • Alesia Barnes

    Seller's Agent in 2019

    Alesia Barnes

    Compass

    (808) 397-7928

    53 in this area

    404 Total Sales

    Alesia Barnes
    Section Image

  • A

    Seller Co-Listing Agent in 2019

    Aaron Businger

    Compass

    (808) 429-2353

    12 in this area

    51 Total Sales

    Aaron Businger
    Section Image

  • D

    Buyer's Agent in 2019

    Daniel Pacheco

    Island Heritage Realty, Inc.

See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201913925

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-003-074-0000

Hawaii Honolulu County Kailua 96734

1508 Mokulua Dr, Kailua, HI

This home is located at 1508 Mokulua Dr, Kailua, HI 96734 since 13 May 2019 and is currently estimated at $8,425,925, approximately $1,398 per square foot. This property was built in 1972. 1508 Mokulua Dr is a home located in Honolulu County with nearby schools including Kailua Intermediate School, Kalaheo High School, and Ka'ohao Public Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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