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Listed by Hawaii Life

$ 2,199,000

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221 Kihapai ST #0 Kailua, HI 96734

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Subdivision Coconut Grove

MLS Listing ID 202600742

Style Detached

Construction Status Repairs Major,Tear Down / Value in Land

HOA Y/N No

Annual Tax Amount $300

Property Sub-Type Condominium

Property Description

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.

Location

State HI

County Oahu

Area Kailua

Building/Complex Name Na

Interior

Flooring Other

Inclusions None

Fireplace No

Exterior

Parking Features Open

Community Features None

Waterfront Description Canal,Waterfront

View Y/N Yes

View Mountain(s), Other

Total Parking Spaces 2

Building

Lot Description Yard

Architectural Style Detached

New Construction Yes

Construction Status Repairs Major,Tear Down / Value in Land

Schools

Elementary Schools Kailua

Middle Schools Kailua

High Schools Kalaheo

Others

Tax ID 1-4-3-059-088-0000

Special Listing Condition None

Virtual Tour https://shoots.styronphoto.com/sites/lnnrano/unbranded

Jeffrey Haynes

Agent | License ID: RS-80023

+1(808) 364-0681