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.
Closed
$3,300,000
742 Mokapu Rd, Kailua, HI 96734
6beds
3,934sqft
Single Family Residence
Built in 1956
-- sqft lot
$-- Zestimate®
$839/sqft
$6,234 Estimated rent
Home value
Not available
Estimated sales range
Not available
$6,234/mo
Zestimate® history
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$6,234/mo
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$6,234/mo
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$18,395/mo
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Zillow last checked:
Listing updated:
Listed by:
Tracey Anne Stott Kelley 808-286-3394,
Horita Realty LLC
Bought with:
Adrienne S Pajot, RS-83924
Compass
Source: HiCentral MLS,MLS#: 202606241
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Bedroom on Main Level, Full Bath on Main Level
- Flooring: Carpet, Ceramic Tile, Laminate, Other
Interior area
- Total structure area: 3,934
- Total interior livable area: 3,934 sqft
Property
Parking
- Total spaces: 4
- Parking features: Three or more Spaces
Features
- Levels: One,Two
- Stories: 1
- Pool features: None
- Fencing: Fenced,Wall
- Has view: Yes
- View description: Canal, Mountain(s), Ocean, Sunrise
- Has water view: Yes
- Water view: Canal,Ocean
- Frontage type: Canal,Waterfront
Lot
- Features: Cleared, Interior Lot, Level
- Topography: Level
Details
- Parcel number: 1440230150000
- Zoning description: 03 - R10 - Residential District
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached,Multiplex
- Property subtype: Single Family Residence
Materials
- Double Wall, Single Wall
- Foundation: Slab
Condition
- Average Condition
- New construction: No
- Year built: 1956
- Major remodel year: 1988
Utilities & green energy
- Sewer: Cesspool
- Water: Public
- Utilities for property: Above Ground Utilities, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Features: Deck/Porch, Patio, Storage Facilities
- Subdivision: Kaimalino
Location
- Region: Kailua
Financial & listing details
- Price per square foot: $839/sqft
- Tax assessed value: $3,648,200
- Annual tax amount: $9,762
- Date on market: 5/13/2026
- Inclusions: Ceiling Fan, Disposal, Range/Oven, Refrigerator, Water Heater
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $3,300,000$839/sqft |
Source:  HiCentral MLS #202606241 Report a problem | ||
| 6/1/2026 | Contingent | $3,300,000$839/sqft |
Source: HiCentral MLS #202606241 Report a problem | ||
| 5/13/2026 | Listed for sale | $3,300,000$839/sqft |
Source: HiCentral MLS #202606241 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | $6,535 +3.3% | $2,067,000 +3% |
| 2017 | $6,323 +11.9% | $2,006,600 +10.6% |
| 2016 | $5,651 +7.9% | $1,814,500 +7% |
| 2015 | $5,235 | $1,695,700 +2% |
| 2014 | -- | $1,661,900 |
Find assessor info on the county website
Neighborhood: 96734
Nearby homes
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- $1,850,0003 bd2 ba2.1k sqft743 Mokapu Rd, Kailua, HI 96734Sold
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Nearby schools
GreatSchools rating
- 7/10Aikahi Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 7/10Kailua Intermediate SchoolGrades: 7-8Distance: 2.2 mi
- 10/10Kalaheo High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Aikahi
- Middle: Kailua
- High: Kalaheo
Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Hawaii
- Honolulu County
- Kailua
- 96734
- 742 Mokapu Rd
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