Hawaii Living

21 Aalapapa Pl (Lanikai)

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  • Asking Price: $4,250,000

    $250,000 price drop 8 days ago

  • Beds: 5
  • Baths: 3
  • Living: 2,220 ft²
  • Lanai / Patio: 2,103 ft²
  • Add. Interior: 572 ft²
  • Land: 11,177 ft²
  • Covered Parking: 440 ft²
  • Built: 1952
  • Parking: 4
  • Property Taxes: $618 / month ?
  • Est. Mortgage: $20,385 / mo - adjust loan
  • Time Listed for Sale: 41 days
  • Status Active
  • Tenure: Fee Simple
  • Buy without visiting ?
  • Open House:
    Thurs Apr 24, 9:30pm - 12pm
    Sun Apr 27, 2pm - 5pm
  • All Lanikai homes for sale »
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21 Aalapapa Pl, Kailua
Inquire / Showing / Video Tour
Call/Text Tracy (808) 372-2274 or use contact form.
Tracy Yamato

Tracy Yamato

Certified Residential Specialist
Realtor, RS-51972

Mobile: (808) 372-2274

Email: Tracy@HawaiiLiving.com

"Let my over 33 years of experience work for you."
Client Testimonials
We are expert real estate agents who know Lanikai very well. We would be happy to assist you too.
Description
Experience breathtaking ocean and Mokulua Islands views from this exquisite Lanikai hillside residence. Wake up to stunning sunrises, watch the full moon rise over the islands from the comfort of your home, minutes from Lanikai Beach. Currently configured as a 5br/3ba fully furnished, turn-key home, completely rebuilt in 2009/2010 with elegant finishes, incl. hardwood floors, custom woodwork, granite countertops, split ACs, and a jacuzzi tub. Designed for seamless indoor-outdoor living, the home features stacking sliding doors on 1st&2nd floors, over 2,100sqft of open and covered lanai/deck areas for expansive living. Permit approved for a 400 sqft Rec Room. Lush tropical landscaping, a serene waterfall, and a bridge lead to a spacious deck with a covered pergola, nestled high against the mountainside, overlooking the home with unsurpassed ocean vistas. Oversized basement garage and covered carport provide ample parking. Situated on Lanikai’s desirable North mountainside, this home enjoys exceptional Trade Winds and easy access in and out of the neighborhood. 3D Virtual Tour & more photos available. Actual bedroom count & sqft may differ from tax records. Optional Seller Financing.
Recent Activity
  • Apr 14, 2025 Price $4,250,000
  • Apr 03, 2025 Price $4,500,000
  • Mar 12, 2025 Listed at $4,750,000
  • Sep 01, 2021 Sold for $2,600,000
  • Jul 17, 2021 Under Contract
  • Jun 25, 2021 Price $2,695,000
  • Jun 16, 2021 Price $2,799,000
  • Jun 02, 2021 Price $2,895,000
  • May 08, 2021 Listed at $2,995,000
Past Sales
(Lanikai)
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $1,914
  • Year Remodeled: 2009
  • Zoning: 03 - R10 - Residential District
  • Flood Zone: Zone X
  • Elementary School: Kaohao
  • Middle School: Kailua
  • High School: Kalaheo
  • View: Ocean, Sunrise
  • Furnished: Full
  • Property Condition: Excellent,Above Average
  • Security Features: Key
  • Amenities: Landscaped, Patio/Deck
  • TMK: 1-4-3-8-86-0
  • Tax Assessed Land: $1,341,200
  • Tax Assessed Improvements: $938,300
  • Tax Assessed Total: $2,279,500
  • Courtesy: Town and Country Real Estate / (808) 389-4004
  • MLS: 202505927
Ask Tracy a Question
About Lanikai
See our aerial video of Lanikai showcasing the stunning oceanfront homes.

Lanikai is a small neighborhood of about 500 homes with ~105 oceanfront homes and only ~25 homes directly on Lanikai's pristine white sandy beach.

The neighborhood is widely known as the high-end neighborhood of the Island's Windward Side, but it has a different feel than similar neighborhoods on Oahu. If Kahala is the strong statement in luxury living, Lanikai says it in softer, friendlier tones.

You enter this oceanside district immediately upon heading south from Kailua Beach Park. That proximity to  ..... Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 22, 2025.Information is deemed reliable but not guaranteed.
Other Lanikai Homes
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$4,500,000
314 Lapa Pl
5 Bds | 5.5 Ba
4,493 ft²
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$3,980,000
119 Kuailima Dr
3 Bds | 1 Ba
1,000 ft²
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$4,950,000
114 Kaelepulu Dr
5 Bds | 3 Ba
2,346 ft²
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$5,200,000
876 Aalapapa Dr#B
4 Bds | 2.5 Ba
3,201 ft²
Other Oahu Homes
Kailua Beachside
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$3,999,000
50 Kamani Kai Pl
5 Bds | 3 Ba
2,660 ft²
Kuulei Tract
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$3,095,000
150 Kailua Rd
5 Bds | 3 Ba
2,989 ft²
Hawaii Loa Ridge
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$4,280,000
738 Kaulana Pl
3 Bds | 5 Ba
4,012 ft²
North Shore Oahu
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$4,200,000
61-365 Kamehameha Hwy
4 Bds | 2.5 Ba
1,535 ft²
Kahala
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$4,200,000
4743 Kolohala St
5 Bds | 4.5 Ba
4,111 ft²
Kailua Beachside
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$4,200,000
188 N Kalaheo Ave
1 Bd | 1.5 Ba
1,466 ft²
  • Asking Price: $4,250,000

    $250,000 price drop 8 days ago

Description
Experience breathtaking ocean and Mokulua Islands views from this exquisite Lanikai hillside residence. Wake up to stunning sunrises, watch the full moon rise over the islands from the comfort of your home, minutes from Lanikai Beach. Currently configured as a 5br/3ba fully furnished, turn-key home, completely rebuilt in 2009/2010 with elegant finishes, incl. hardwood floors, custom woodwork, granite countertops, split ACs, and a jacuzzi tub. Designed for seamless indoor-outdoor living, the home features stacking sliding doors on 1st&2nd floors, over 2,100sqft of open and covered lanai/deck areas for expansive living. Permit approved for a 400 sqft Rec Room. Lush tropical landscaping, a serene waterfall, and a bridge lead to a spacious deck with a covered pergola, nestled high against the mountainside, overlooking the home with unsurpassed ocean vistas. Oversized basement garage and covered carport provide ample parking. Situated on Lanikai’s desirable North mountainside, this home enjoys exceptional Trade Winds and easy access in and out of the neighborhood. 3D Virtual Tour & more photos available. Actual bedroom count & sqft may differ from tax records. Optional Seller Financing.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 22, 2025.Information is deemed reliable but not guaranteed.
    • Apr 14, 2025 Price $4,250,000
    • Apr 03, 2025 Price $4,500,000
    • Mar 12, 2025 Listed at $4,750,000
    • Sep 01, 2021 Sold for $2,600,000
    • Jul 17, 2021 Under Contract
    • Jun 25, 2021 Price $2,695,000
    • Jun 16, 2021 Price $2,799,000
    • Jun 02, 2021 Price $2,895,000
    • May 08, 2021 Listed at $2,995,000
    See our aerial video of Lanikai showcasing the stunning oceanfront homes.

    Lanikai is a small neighborhood of about 500 homes with ~105 oceanfront homes and only ~25 homes directly on Lanikai's pristine white sandy beach.

    The neighborhood is widely known as the high-end neighborhood of the Island's Windward Side, but it has a different feel than similar neighborhoods on Oahu. If Kahala is the strong statement in luxury living, Lanikai says it in softer, friendlier tones.

    You enter this oceanside district immediately upon heading south from Kailua Beach Park. That proximity to  ..... Read more.
    Other Lanikai Homes
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    $4,500,000
    314 Lapa Pl
    5 Bds | 5.5 Ba
    4,493 ft²
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    $3,980,000
    119 Kuailima Dr
    3 Bds | 1 Ba
    1,000 ft²
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    $4,950,000
    114 Kaelepulu Dr
    5 Bds | 3 Ba
    2,346 ft²
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    $5,200,000
    876 Aalapapa Dr#B
    4 Bds | 2.5 Ba
    3,201 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.