Bought with Coldwell Banker Realty
$11,250,000
$11,250,000
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4465 Kahala AVE Honolulu, HI 96816
Key Details
Sold Price $11,250,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Kahala Area
MLS Listing ID 202409316
Sold Date 06/24/24
HOA Y/N No
Annual Tax Amount $64,103
Property Description
Two Oceanfront lots including 4465 and 4469 Kahala Ave (1)3-5-3-2. Value of the 2 lots are enhanced by the construction of a legal seawall to prevent erosion, which has allowed for the formation of a sandy beach right in front of the property. The cost of permits, approvals, demolition and construction of the seawall were approximately $1.32 million. Additionally, there are approved plans for a joint development consisting of 2 residences (main residence and cottage for guests) garage, pool, driveway and shoreline structure, total floor area of about 27,037 sf. Approximate cost of the permitting and plans for the improvements: $1.438 million. Planning and approvals, Group 70, Jeff Overton. Seawall construction, Nan, Inc. Owner has completed the Environmental Assessment, SMA Permit, Shoreline Setback Variance and Conditional Use Permit/Joint Development Agreement.
Location
State HI
County Oahu
Area Diamondhd
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Sewer Connected
View Y/N Yes
View Coastline, Ocean
Present Use Residential
Building
Lot Description Cleared, Interior Lot, Level
Sewer Connected
Schools
Elementary Schools Kahala
Middle Schools Kaimuki
High Schools Kalani
Others
Tax ID 1-3-5-003-003-0000
Financing Cash
Special Listing Condition None
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Christina Nishiyama (R)
SVP / Broker-in-Charge / Private Office Advisor | License ID: RB-19331
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