881 Aalapapa Dr
Kailua, HI 96734

For Sale
Active
List Price
$3,400,000 (FS)
Property Type:
Single Family
Bedrooms:
2
Full Baths:
2
Half Baths:
0
Land Area (sf):
14,000
Living (sf):
1,132
Lanai (sf):
216
Other (sf):
148
Parking Stalls:
6 - 3 Car+, Boat, Driveway
MLS #:
202400345
Island:
Oahu
Region:
Kailua
Neighborhood:
LANIKAI
TMK:
1-4-3-008-078-0000
List Date:

REMARKS:

Rarely available extra large 14, 000 sqft lot with Ocean view from the future second floor. Roomy Two bedroom Two bath Shabby Chic cottage waiting for your personal touch. Located on the hill top, just one block to the beach, 200 yards from Mid Pacific Country club and golf course, and two blocks from Lanikai park. This deep rectangular lot provides great privacy and an ocean view from any future second-floor construction. If you are looking to build your ocean view dream home in Lanikai, this is the lot for you. Just a short walk to 2.5 mile long Kailua Beach, Buzz’s Steak House, and Kalapawai Market. The cottage is located at an elevation of 60ft and out of the tsunami and Fema flood zone. There are two mango trees, a star fruit tree, and an avocado tree. The lot has a modest slope upwards and gains approximately 20 feet in elevation from Aalapapa Drive to the back of the lot. Lanikai is a dreamy place to live where neighbors walk the loop with their pets and say hello to each other. Come live the dream!

PROPERTY INFORMATION:

Zoning:
3 - R10 - Residential
Furnished:
--
Year Built:
1936
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$2,166,000
Assd. Val. Imprv:
$150,000
Assd. Val. Total:
$2,316,000
Tax Year:
2023
Monthly Taxes:
$617
Home Exempt.:
$100,000

SCHOOLS:

Elem. School:
Kaohao
Middle School:
Kailua
High School:
Kailua

OTHER PROPERTY FEATURES:

Frontage:
--
View:
Garden, Ocean
Pool:
None
Amenities:
Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck
Inclusions:
Ceiling Fan, Dryer, Range/Oven, Refrigerator, Washer
Security:
Key
Assn. Fee Inclusions:
--
Other Fee Inclusions:
None
Lot Description:
Clear
Topography:
Gentle Slope, Level
Number of Stories:
One
Building Style:
2 Bedroom Cottage, Detach Single Family
Property Condition:
Average
Construction:
Single Wall, Wood Frame
Roofing:
Asphalt Shingle, Other
Floor Covering:
Hardwood, Vinyl
Disclosures:
1031 Exchange, Property Disclosure Stmt
Possession:
At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Land Court
Exclusions:
--
Easements:
None
Set-Backs:
C&C
Compensation*:
3
Compensation Type:
%

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Monday, May 20, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Hawaii Homes International