Kailua, HI 96734,734 & 735 Kihapai PL
Listed by Standard Management LLC
Bought with Non-MLS

$5,000,000

Est. payment /mo

$4,999,999

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

734 & 735 Kihapai PL Kailua, HI 96734

SOLD DATE : 08/31/2023

Key Details

Sold Price $5,000,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Coconut Grove

MLS Listing ID 202306684

Sold Date 08/31/23

HOA Y/N No

Annual Tax Amount $10,752

Property Description

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.

Location

State HI

County Oahu

Community Curbs

Area Kailua

Interior

Fireplace No

Exterior

Community Features Curbs

Utilities Available None, Sewer Not Available

View Y/N Yes

View City, Mountain(s), Other

Present Use Residential

Building

Lot Description Cleared, Cul-De-Sac, Level

Sewer None

Schools

Elementary Schools Kailua

Middle Schools Kailua

High Schools Kailua

Others

Tax ID 1-4-3-058-066-0000

Financing Cash

Special Listing Condition Real Estate Owned

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Hawaii Central MLS (HiCentralMLS)

Christina Nishiyama (R)

SVP / Broker-in-Charge / Private Office Advisor | License ID: RB-19331

+1(808) 479-3915

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.