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734 & 735 Kihapai Place

24,593 sqft

Sold for $5,000,000 on August 31, 2023.

  • Status: Sold
  • Tenure: Fee Simple
  • Type: Land
  • Mortgage: $19,005/mo
  • HOA Fee: n/a
  • Taxes: $896/mo
734 & 735 Kihapai Place was on the market for 396 days. Originally listed for $4,999,999.
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What this land offers

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.

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Location

Oahu › Kailua › 734 & 735 Kihapai Place
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734 & 735 Kihapai Place, Kailua, HI, 96734 is located in Coconut Grove on Oahu.

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  • Elementary: Kailua
  • Middle: Kailua
  • High: Kailua
  • Parcel: 1-4-3-058-066-0000
  • Lot Size: 24,593 sqft
  • Views: City, Mountain, Other
About KailuaOpen and close this section

Single-family homes in Kailua sit on spacious lots basking in the balmy ocean breezes and tropical sunshine. There are many small subdivisions and enclaves comprising Kailua, from the elevated areas around Olomana to the beachfronts in Lanikai and on Kailua Bay. Many single-family homes are one-story cottage, bungalow, ranch, or plantation style, with a definite nod to the beach and ocean ambiance. Closer to the beaches are larger custom designs in homes. The casual beach town lifestyle also extends to condo and townhouse living in Kailua. View all homes for sale in Kailua.

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Listing courtesy of Clint B Crawford from Standard Management LLC, MLS #202306684. Contact: (808) 208-8107.

Similar land parcels for sale

Listings that are nearest to 734 & 735 Kihapai Place and priced between $4,499,999.1 and $5,499,998.9.

Recently Sold

The most recently sold land nearest to 734 & 735 Kihapai Place and sorted by date, then price.

Date Sold Sold Price Address DOM SQFT
08/31/2023 $5,000,000 734 & 735 Kihapai Place 161 24,593
09/29/2023 $1,680,000 585 Kaneapu Place #A 249 9,240
08/08/2023 $1,537,500 42-100 Old Kalanianaole Highway #20 213 88,427
06/28/2023 $1,200,000 41-555 Waikupanaha Street 168 114,258
11/30/2023 $920,000 45-670-B Kamehameha Highway 48 11,000
04/11/2024 $255,000 47-741 Kamehameha Highway 172 2,960
04/19/2023 $227,000 47-741 Kamehameha Highway 47 2,960
08/14/2023 $1,200,000 3602 Nipo Street 126 6,413
09/28/2023 $960,000 3601 Nipo Street 171 9,071
11/30/2023 $1,400,000 3596 Nipo Street 233 8,270
03/15/2024 $999,999 47-251 Iuiu Street 121 11,275
08/21/2023 $975,000 576 Pepeekeo Place 81 9,225