734 & 735 Kihapai Pl
Kailua, HI 96734
Sold Price
$5,000,000 (FS)
List Price
$4,999,999 (FS)
- Property Type:
- Lots/Acres/Farms
- Bedrooms:
- --
- Full Baths:
- --
- Half Baths:
- --
- Land Area (sf):
- 24,593
- Living (sf):
- --
- Lanai (sf):
- --
- Other (sf):
- --
Sale Conditions:
Lender Sale
- MLS #:
- 202306684
- Island:
- Oahu
- Region:
- Kailua
- Neighborhood:
- COCONUT GROVE
- TMK:
- 1-4-3-058-066-0000
- List Date:
- Date Sold:
REMARKS:
The offering consists of the extremely rare opportunity to acquire the fee simple interest in 24, 593 square feet of A-2 (medium density apartment) zoned land in Kailua, on the island of Oahu. Included with the property are construction drawings for a 42-unit residential condo development. The property’s level site, size, and great location make it an excellent development opportunity for market rate residential condominiums in a submarket with tremendous demand. This is the last undeveloped A-2 zoned parcel of this size in Kailua and is priced below recent comparable sales making it a great opportunity for a developer. The property consists of 2 lots - TMK 1-4-3-58-65 & 1-4-3-58-66.
PROPERTY INFORMATION:
- Zoning:
- 12 - A-2 Medium Density Apartme
- Furnished:
- --
- Year Built:
- --
- Year Remodeled:
- --
FINANCIAL INFORMATION:
- Assd. Val. Land:
- $2,926,000
- Assd. Val. Imprv:
- $0
- Assd. Val. Total:
- $2,926,000
- Tax Year:
- 2022
- Monthly Taxes:
- $896
- Home Exempt.:
- --
SCHOOLS:
- Elem. School:
- Kailua
- Middle School:
- Kailua
- High School:
- Kailua
OTHER PROPERTY FEATURES:
- Frontage:
- Ocean
- View:
- City, Mountain, Other
- Pool:
- --
- Amenities:
- --
- Inclusions:
- --
- Security:
- --
- Assn. Fee Inclusions:
- --
- Other Fee Inclusions:
- --
- Lot Description:
- Clear
- Topography:
- Level
- Number of Stories:
- --
- Building Style:
- --
- Property Condition:
- --
- Construction:
- --
- Roofing:
- --
- Floor Covering:
- --
- Disclosures:
- None
- Possession:
- --
- Terms Accept.:
- Cash, Conventional, 1031 Exchange
- Land Recorded:
- Land Court
- Exclusions:
- --
- Easements:
- None
- Set-Backs:
- C&C
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Wednesday, July 9, 2025. Information is deemed
reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd. Listing courtesy of Standard Management LLC