1342 Mokolea Drive offers gorgeous ocean and Mokulua Island views from a bright, open living space with bamboo floors, built-in shelving, and sliding doors to an expansive lanai—perfect for outdoor dining, entertaining, and taking in Lanikai’s spectacular sunrises and moonrises.This move-in-ready 5-bedroom, 3-bath residence sits on a quiet, elevated street off the main Lanikai loop, with deeded beach access just approximately 300 yards away. Enjoy the beautiful views today, with DPP-approved, shovel-ready plans for a second-story addition designed to capture even more breathtaking vistas. A flexible layout offers options for extended family, guests, or a private workspace. Schedule your private showing today.
1342 Mokolea Drive is situated on an elevated, quiet street off of the main Lanikai loop, and just a couple blocks to the gorgeous white sand beaches and turquoise waters of Lanikai. The existing views from this elevated home are already spectacular but the views from the permitted second story addition will blow your mind. A deeded 5ft wide easement takes you directly to Aalapapa Drive and that much closer to the white sands of Lanikai beach. This home won't last long so don't wait to schedule your private showing today.
Welcome to 1342 Mokolea Drive in the coveted neighborhood of Lanikai. a prestigious neighborhood on the Windward side of Oahu known for it's white sand beaches, turquoise water, top-rated school, and close-knit community. This move-in ready 5 bedroom, 3 bath home features Mokulua Island views from the main home and above-garage study/5th bedroom, and approved DPP permits to renovate and expand the home to over 4400 sf to maximize the living space and views! DPP permits can take 2-3 years to get approval but the lucky buyer of this property can break ground on day 1 of ownership, or simply enjoy the existing elegant home.This home won't last long so schedule your private showing today.
1342 Mokolea Drive sits on a quiet street, away from the traffic of the main loop. It's elevation offers incredible views and the potential with the shovel-ready renovation and addition plans creates an opportunity for even more impressive ocean and Mokulua Island views. The approved permits will expand the detached garage to accommodate 2 vehicles and doubles the size of the above-garage study/den/5th bedroom. A gentle sloping path leads you to the 4 bed / 2 bath main residence on the ocean-facing side of the property. The approved permit contains plans to renovate and expand the main residence to include a second story primary suite which will maximize the incredible ocean and Mokulua Island views.
The main home living space is open and bright with bamboo floors, built-in shelving, and sliding doors to the expansive lanai for dining, entertaining, sunrises, moonrises and wonderful Mokulua views.
The charming kitchen features an island, pantry and charming dining nook with a bay window with seating.
A sizeable pantry helps keep your kitchen organized.
The expansive lanai is an extension of the living spaces, perfect for dining, entertaining, sunrises, moonrises and wonderful Mokulua views. Sliding doors from the living room and primary bedroom connect you to this space.
The large primary bedroom features split air conditioning, hardwood floors, ceiling fan, walk-in closet and sliding doors that let tons of natural light in and connect to you to outside lanai. Wake up to Mokulua island and ocean views!
Wake up to Mokulua island and ocean views! Enjoy your morning coffee or unwind after a long day on the connecting outdoor lanai.
Primary bedroom walk-in closet features custom built-in organizers.
The upstairs bathroom features dual vanities and a walk-in shower.
The second upstairs bedroom features a wall AC unit, ceiling fan, privacy from the lush landscaping and a large closet with built-ins.
Downstairs features a second living room, two bedrooms, a full bathroom, laundry room and access to the backyard. All downstairs spaces feature ceramic tile flooring
The downstairs features two bedrooms with lots of natural light, split AC units and large closets.
The downstairs features two bedrooms with lots of natural light, split AC units and large closets.
The full bath downstairs features dual vanities, bathtub and shower and water closet with extra storage.
The full bath downstairs features dual vanities, bathtub and shower and water closet with extra storage.
The laundry room features a newer large capacity washer/dryer set and storage.
The level backyard is waiting for your vision.
The incredible view potential is revealed from the second story above-garage study/5th bedroom. Shovel-ready permits are in-hand to expand the study and garage, and build a second story primary suite to capture the magnificent Mokulua Island and turquoise ocean views.
The above-garage study is 264sf and features a murphy bed, built in workspaces, a full bathroom and storage. This space can be used as a home office or 5th bedroom. The views from this area are stunning. The shovel-ready permits doubles this space.
The incredible view potential is revealed from the second story above-garage study/5th bedroom. Shovel-ready permits are in-hand to expand the study and garage, and build a second story primary suite over the main residence to capture the magnificent Mokulua Island and turquoise ocean views.
The existing third full bathroom is located in the study/den/5th bedroom area above the garage.
Architectural rendering of permitted renovation / addition. A transferrable Honolulu DPP permit has been issued to renovate the existing home and increase living space to 4412 SF. (Scale may not be accurate).You're not just buying an existing Lanikai view home, you're buying transferrable shovel-ready permits to renovate the existing home and increase the square footage to 4412sf with the expansion of the main floor and the addition of a second story primary suite that maximizes the ocean and Mokulua Island views.
Description
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!
Details
| MLS # | 202617667 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 31 |
| Listing Provided By | Compass | Stacy L Dees |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,377 |
| Story(s) | 2 |
| Zoning | 03 - R10 - Residential District |
| Property View | Ocean, Sunrise |
Exterior
| Construction Materials | Double Wall, Concrete, Wood Frame |
|---|
Interior
| Inclusions | AC Split, Book Shelves, Ceiling Fan, Dishwasher, Disposal, Dryer, Photovoltaic - Owned, Range/Oven, Refrigerator, Smoke Detector, Water Heater |
|---|
Other
| Community Features | Deck Porch, Patio |
|---|
Taxes
| Property | 25653 |
|---|
Area Information
| State | HI |
|---|---|
| County | Oahu |
| City | Kailua |
| Zip Code | 96734 |
| Area | Oahu |
| Community Name | LANIKAI |
| School District | Kalaheo |
| Elementary School | Kaohao |
| High School | Kalaheo |
| Listing VS Median (in LANIKAI) | |
Price: $3,490,000 low | high Med: $6,272,500 sqft: 2,377 low | high Med: 2,631 $ / sqft: $1,468 low | high Med: $2,398 On site: 31 low | high Med: 118.5 | |
Market Activity 96734
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Learn More About This Property
| State | HI |
|---|---|
| County | Oahu |
| City | Kailua |
| Zip Code | 96734 |
| Area | Oahu |
| Community Name | LANIKAI |
| School District | Kalaheo |
| Elementary School | Kaohao |
| High School | Kalaheo |
| Listing VS Median (in LANIKAI) | |
Price: $3,490,000 low | high Med: $6,272,500 sqft: 2,377 low | high Med: 2,631 $ / sqft: $1,468 low | high Med: $2,398 On site: 31 low | high Med: 118.5 | |
Listing Updated: October 19, 2026 at 4:16:55 AM PDT