A modern oceanfront compound on O‘ahu that once set a local sales record is back on the market—and this time, it’s aiming even higher. Known as the Mokulua Estate, the gated property last traded hands in July 2021 for $24.38 million, a price that set a benchmark for the neighborhood. Today it’s listed for $31 million, making it the most expensive home currently for sale in the beachside enclave of Lanikai, about 30 minutes from Honolulu.

Set on nearly an acre of land, the compound commands more than 150 linear feet of ocean frontage—more than any other home in Lanikai, according to List Sotheby’s International Realty, which is handling the listing. From nearly every vantage point, the estate offers unobstructed views of the Mokulua Islands, the twin islets that sit just offshore and rank among O‘ahu’s most recognizable natural landmarks.

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A modern oceanfront compound on O‘ahu that once set a local sales record is back on the market—and this time, it’s aiming even higher. Known as the Mokulua Estate, the gated property last traded hands in July 2021 for $24.38 million, a price that set a benchmark for the neighborhood. Today, seeking to eclipse its own historic sales price, it’s listed for $31 million, making it the most expensive home currently for sale in the beachside enclave of Lanikai, about 30 minutes from Honolulu.

Set on nearly an acre of land, the compound commands more than 150 linear feet of ocean frontage—more than any other home in Lanikai, according to List Sotheby’s International Realty, which is handling the listing. From nearly every vantage point, the estate offers unobstructed views of the Mokulua Islands, the twin islets that sit just offshore and rank among O‘ahu’s most recognizable natural landmarks.

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The landscaped grounds center on a courtyard-style layout that places a swimming pool, lawn, and outdoor dining and barbecue areas between the main residence and the secondary structures. The configuration not only creates an ultra-private setting but also helps shield the pool from Hawaii’s prevailing trade winds.

While the property has direct ocean access—including a private boat ramp—it’s not directly on Lanikai Beach. The famed stretch of sand is a short walk away and can easily be reached by kayak or stand-up paddleboard launched from the backyard.

With its record-setting past, unmatched waterfrontage, and architectural pedigree, the Mokulua Estate now stands poised to test the upper limits of O‘ahu’s luxury real estate market once again.

Click here to see more photos of the Hawaii home.