The Ulu Team
Open house

$4,150,000$4,585,000 price reduced

223 Lanipo Drive

LANIKAI · Kailua · 96734 · MLS 202525307

  • 4beds
  • 4baths
  • 2,667living sqft
  • Single-familytype

Don't miss the best value in Lanikai! Experience elevated island living in this fully renovated Lanikai retreat where luxury, privacy, and the natural beauty of Hawaii come together. Just 2 blocks from a secluded beach cove and a short paddle to the Mokulua Islands, this thoughtfully designed property captures the laid-back yet refined Lanikai lifestyle. Enter through a landscaped courtyard into a 3-bed, 3-bath main home featuring two spacious primary suites, customizable closets, and 1000+sf of open-air lanais that make indoor-outdoor living effortless. High ceilings, large sliding doors, hardwood floors, large-format tile, and custom cabinetry reflect quality at every turn. The kitchen features a generous island, sunlit dining nook, and designer finishes ideal for casual meals or entertaining. Surrounded by mature landscaping, the property offers room for a pool in either the front courtyard or the large, level backyard. A detached 1-bed, 1-bath suite with wet bar, laundry, and 1000+sf lanai above the 2-car garage offers versatility for guests or rental income—while preserving privacy for the main residence. This is a must-see property to truly appreciate the beauty and value.

Building & interior

Condition
Excellent · Good Condition · Updated Remodeled
Living area
2,667 sqft
Total area
4,709 sqft
Lot size
10,652 sqft
Year built
1947
Renovated
2025
Stories
One · Two
Parking
4 stalls · Driveway · Garage · Three Or More Spaces
Furnished
Negotiable
View
Garden · Mountains · Ocean

HOA & monthly fees

Owner-occupancy
Vacant-occupied

Construction & features

Flooring
Ceramic Tile · Hardwood
Construction
Double Wall · Wood Frame
Roofing
Asphalt · Shingle
Foundation
Slab
Topography
Sloping
Interior
Bedroom On Main Level · Full Bath On Main Level
Exterior
Landscaping
Community
Deck Porch · Patio · Storage Facilities
Utilities
Above Ground Utilities · Cable Available · Electricity Available · High Speed Internet Available · Sewer Available · Water Available
Water
Public
Fencing
Fenced · Wall

Tax & assessment

Annual property tax
$15,924/yr
Tax year
2025
Assessed — total
$2,348,400
Assessed — land
$1,528,300
Assessed — improvements
$820,100
TMK
1-4-3-003-019-0000
Zoning
03 - R10 - Residential District
Land tenure
Fee simple
Financing accepted
Cash · Conventional
Disclosures
Seller Disclosure

Price history

Original list
$4,585,000
Previous
$4,300,000
Current
$4,150,000

What's included

  • AC Split
  • Auto Garage Door Opener
  • Ceiling Fan
  • Chandelier
  • Convection Oven
  • Dishwasher
  • Disposal
  • Dryer
  • Home Warranty
  • Lawn Sprinkler
  • Range Hood
  • Refrigerator
  • Security System
  • Smoke Detector
  • Washer
  • Water Heater

Nearby

  • Deck Porch
  • Patio
  • Storage Facilities

Listed by Compass

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

Before you offer

Ask us what it’s actually worth.

We’ll pull the comparable sales on this street and tell you where this price really sits — before you write.