Hawaii’s Most Iconic Oceanfront Estate Returns at $31 Million

A record-setting modern compound in Lanikai comes back to market at $31 million, offering unrivalled ocean frontage and postcard-perfect views of the Mokulua Islands.

On one of O‘ahu’s most coveted stretches of coastline, a contemporary oceanfront estate that once rewrote local property records is making a highly anticipated return, this time with an even more ambitious price tag. Known as Mokulua Estate, the gated compound has re-emerged on the market for $31 million, positioning it as the most expensive home currently for sale in the exclusive beachside enclave of Lanikai, just 30 minutes from Honolulu.

The estate last changed hands in July 2021 for $24.38 million, a sale that set a new benchmark for the neighbourhood. Now, with its unparalleled setting and architectural presence, Mokulua Estate is once again poised to test the uppermost limits of Hawaii’s luxury real estate market.

Set across nearly an acre of prime oceanfront land, the property boasts over 150 linear feet of direct waterfront, more than any other residence in Lanikai, according to List Sotheby’s International Realty, which is handling the listing. From almost every angle, the home enjoys uninterrupted, cinematic views of the Mokulua Islands, the twin offshore islets that have become one of O‘ahu’s most recognisable natural icons.

Designed as a modern compound, the estate is thoughtfully arranged around a courtyard-style layout, creating a seamless flow between indoor and outdoor living. At its heart sits a swimming pool framed by manicured lawns, outdoor dining terraces and a barbecue pavilion, positioned between the main residence and secondary structures. This configuration not only enhances privacy but also offers a clever architectural solution to shield the pool from Hawaii’s prevailing trade winds.

Inside, the design strikes a balance between contemporary sophistication and island warmth. Double-height living spaces, expansive glazing and natural wood accents draw the outdoors in, allowing ocean views and tropical light to become integral elements of the interior experience.

While the estate enjoys direct ocean access, complete with a private boat ramp, it sits just beyond the sands of Lanikai Beach itself. One of Hawaii’s most celebrated beaches is only a short stroll away, or easily reached by kayak or paddleboard launched directly from the backyard.

With its record-setting history, unmatched waterfrontage and front-row views of one of O‘ahu’s most treasured landscapes, Mokulua Estate stands as a rare offering, a property that doesn’t simply sit on the ocean, but commands it.

This is Pacific luxury at its most exclusive.