MAGICAL MAHANA MOLOKAI is a Four acre residential compound featuring stunning panoramic and unobstructed ocean views including 5700 common acres for hiking and hunting with a common beach cottage. The current owners had the foresight to forever protect the unobstructed ocean and outer island views by purchasing TWO additional acres. It is the ultimate getaway consisting of FOUR TOTAL ACRES - TWO separate TMKs - the largest property offering in Kawela Plantation II - a single level meticulously maintained residence to best enjoy Molokai privacy and serenity as Hawaii once was—no traffic lights, no crowds, no buildings higher than two stories, just timeless charm and a deep connection to land and sea. This is your opportunity to own a part of that legacy by reconnecting with what matters most. Are you ready? The Kawela Plantation common areas include 5700 acres for hiking and hunting and a beach cottage from which to launch your paddle board. Based on current (“CC&Rs”) it may be entirely possible to build two additional homes and guest cottage, barns and farming. Are you ready for the ultimate escape to the timeless charm of Hawaii as it once was whether it’s fishing, snorkeling or diving the reef in the crystal-clear Pacific where no wetsuits are required, hiking remote trails, hunting or simply whale watching? Another Option available in MLS# 406686 to expand the acreage and add more homes and cottages with a TOTAL 8.19 acres to create a generational family compound with FOUR separate 2 acre legal TMK parcels, your choice!
For sale
$1,450,000
115 Ulua Rd, Kaunakakai, HI 96748
3beds
2baths
2,204sqft
Est.:
Single Family Residence, Residential
Built in 2005
4.19 Acres Lot
$1,312,900 Zestimate®
$658/sqft
$-- HOA
What's special
Common beach cottage
- 211 days |
- 1,377 |
- 64 |
Zillow last checked: 8 hours ago
Listing updated: February 05, 2026 at 12:01pm
Listing Provided by:
Dennis Rush RB-16109 808-280-0788,
Compass-W,
Ed J Onofrio RB-21056 808-646-0837,
Molokai Realty LLC
Source: RAM,MLS#: 406685
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Rooms
- Room types: Workshop
Primary bedroom
- Level: Ground
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Bookcases, Ceiling Fan(s), Chandelier, Kitchen Ware, Linens, Remodeled, Entry
- Windows: Blinds, Drapes
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 2,204
- Total interior livable area: 2,204 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport, No Garage
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Lanai/Deck, Uncovered Lanai/Deck
- Exterior features: Lawn Sprinkler
- Fencing: Wall/Fence
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: None
Lot
- Size: 4.19 Acres
- Topography: Gentle Slope
Details
- Parcel number: 2540150450000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Pillar/Post/Pier
- Roof: Aluminum/Steel
Condition
- Year built: 2005
- Major remodel year: 2017
Utilities & green energy
- Electric: Overhead Electricity
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Phone Connected, Cable Connected, TV Cable
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: Kawela Plantation II
Location
- Region: Kaunakakai
Financial & listing details
- Price per square foot: $658/sqft
- Tax assessed value: $825,400
- Annual tax amount: $4,845
- Date on market: 7/31/2025
- Road surface type: Paved
Estimated market value
$1,312,900
$1.25M - $1.38M
$3,909/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Listed for sale | $1,450,000+164.8%$658/sqft |
Source: | ||
| 2/24/2012 | Sold | $547,500+2%$248/sqft |
Source: Public Record Report a problem | ||
| 12/22/2010 | Sold | $537,000+726.2%$244/sqft |
Source: Public Record Report a problem | ||
| 9/25/2002 | Sold | $65,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,845 +14.7% | $825,400 +14.4% |
| 2023 | $4,223 | $721,800 +10.4% |
| 2022 | -- | $653,900 +5.9% |
| 2021 | $3,365 -7% | $617,500 -3.4% |
| 2020 | $3,620 +5.1% | $639,500 +4.9% |
| 2019 | $3,445 | $609,400 +6.1% |
| 2018 | $3,445 +0.7% | $574,100 |
| 2017 | $3,422 +979.7% | -- |
| 2016 | $317 | $560,000 +6.8% |
| 2015 | -- | $524,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,659/mo
Principal & interest
$7478
Property taxes
$181
Climate risks
Neighborhood: 96748
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 4/10Kaunakakai Elementary SchoolGrades: PK-6Distance: 4.4 mi
- 4/10Molokai Middle SchoolGrades: 7-8Distance: 8.9 mi
- 4/10Molokai High SchoolGrades: 9-12Distance: 8.9 mi





