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MLS: 202600721 (Active - For Sale)
 
Asking Price: $2,199,000 FS - Fee Simple
Type: Residential
District: Kailua
Address: 221 Kihapai Street, Kailua, HI
Neighborhood: Coconut Grove
Beds: 0   Style: Detach Single Family
Land Area: 15,008 SF
View: Mountain,Other
Parking: Driveway
Days on Market: 20
Year Built: 0
Easements: Drainage,Driveway,Other
Zoning: 05 - R-5 Residential District
Land Recorded: Regular System
Property Taxes: $25
Assessed Value: $83,300
Assessed Ratio: 2639.86%
Listing Courtesy: Hawaii Life
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Set within a truly magical and serene setting, the property enjoys panoramic views of the majestic Ko'olau Mountains and 218' of canal frontage and direct access to the peaceful Maunawili Stream. This entire parcel backs up against county land, allowing Units 2 & 3 to live much larger than their 5,000 sq. ft. entitlement suggests, providing an extraordinary sense of privacy and connection to nature. “Kihapai Ohana” represents a rare Kailua development opportunity: a fully approved three-home Residential CPR situated on an approximately 15,008 sq. ft. fee-simple parcel in an established neighborhood. Build one large residence or take advantage of existing approval for three separate CPR dwellings, allowing immediate development potential, as the property has already been separated into three spatial units (1, 2, and 3), each offering roughly 5,000 sq. ft. of exclusive-use land—allowing buyers to focus on design and construction rather than entitlement hurdles. Unit 3 has a DPP APPROVED permit for a 1,607sq. ft. 4bd/2ba single level dwelling that takes full advantage of the 120' of canal frontage, with Ko'olau views from every bedroom.


 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by other REALTORS®. If you are
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Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.
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