1240 Mokulua Dr, Kailua, HI, 96734
About This Home
The Mokulua Estate is a breathtaking oceanfront sanctuary set within the prestigious Lanikai neighborhood. This exceptional property offers unobstructed views of the Mokulua Islands from nearly every vantage point. With over 150 linear feet of ocean frontage and a private gated entrance, the estate provides an ideal blend of seclusion, security, and harmony with its natural surroundings. Encompassing more than 10,000 square feet of refined indoor/outdoor living space, this state-of-the-art residence, designed by award winning architect Jim Jennings showcases dramatic ocean and mountain vistas throughout. A guest house and caretaker’s quarters ensure ample accommodation for family and guests. Direct ocean access from the backyard invites an active island lifestyle, from swimming and snorkeling to kayaking, surfing, fishing, or simply relaxing by the pool in your own tropical paradise. This is a rare, Once-In-A-Lifetime offering you won’t want to miss!!
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Excellent
- Year built: 2006
Materials
- Foundation: Slab
- Construction materials: Double Wall,Steel Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 10
- Full bathrooms: 9
- 1/2 bathrooms: 1
Features
- Bedroom on Main Level,Full Bath on Main Level
- Flooring: Hardwood,Other
Interior Area
- Total structure area: 10,326
- Total interior livable area: 10,326 sqft
Property
Details
- Parcel number: 1430050940000
- Zoning description: 03 - R10 - Residential District
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: In Ground,Pool,Pool/Spa Combo,Tile
- Exterior features: Landscaping
- Fencing: Fenced,Wall
- Has view: Yes
- View description: Coastline,Garden,Mountain(s),Ocean,Sunrise
- Has water view: Yes
- Water view: Coastline,Ocean
- On waterfront: Yes
- Frontage type: Oceanfront
- Topography of land: Level
Lot
- Features: Cleared,Other,Level
Parking
- Total spaces: 9
- Parking features: Boat,Driveway,Garage,Three or more Spaces
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Hawaii Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $156,752 | $1,881,024 |
| Home Insurance * | $4,605 | $55,260 |
| Property Taxes | $24,843 | $298,116 |
| Electricity | $3,325 | $39,902 |
| Total | $189,525 | $2,274,300 |
Income You'd Need if You Spent...
Hawaii FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-14 | Listed for sale | $31,000,000 |
| 2021-07-20 | Sold | $24,380,000 |
| 2021-06-03 | Pending sale | $25,000,000 |
| 2021-05-04 | Contingent | $25,000,000 |
| 2021-02-02 | Listed for sale | $25,000,000 |
| 2020-06-08 | Listing removed | $21,000,000 |
| 2019-11-20 | Listed for sale | $21,000,000 |
View on Zillow