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221 Kihapai Street , #0

Kailua, HI 96734
  • $2,000,000
  • STATUS: Active
  • ON SITE: 119 Days
  • MLS #: 202600742
UPDATED: 45 min ago
$2,000,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Condo
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great New Price - now listed at $2,000,000. 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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© 2026 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Island Life Homes.

Licensed in the State of Hawaii, USA.
www.islandlifehm.com/homes/172061099
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221 Kihapai Street , #0 Kailua, HI 96734

  • Price: $2,000,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 45 min ago
  • MLS #: 202600742
0
Beds
0
Baths
0
½ Baths
0.34
Acres
Neighborhood:
Coconut Grove
County:
Oahu
Area:
Kailua
Elementary School:
Kailua
Middle School:
Kailua
High School:
Kalaheo
Property Description
Great New Price - now listed at $2,000,000. 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.
Exterior Features

Architectural Style Detached Construction Materials Other Entry Level 0 Frontage Type Canal Waterfront Lot Features Yard Open Parking YN Yes Parking Features Open Parking Total 2 View Mountain(s) Other View YN Yes Waterfront YN Yes

Interior Features

Building Area Total 0 Flooring Other

Property Features

Availability Type Building Name Na Community Features None Disclosures Seller Disclosure See Remarks Inclusions None Land Tenure Fee Simple Maintenance Expense 0 New Construction YN Yes Property Condition Repairs Major Tear Down / Value in Land Property Sub Type Condominium Special Listing Conditions None Tax Annual Amount 300 Zoning Description 05 - R-5 Residential District

Listings provided courtesy of Hawaii Life: (800) 667-5028.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2026-05-13T22:59:17.633. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.


© 2026 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Island Life Homes.

Licensed in the State of Hawaii, USA.
 
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