Honolulu, HI 96816,4465 Kahala AVE
Listed by Overseas Investors, Inc.
Bought with Coldwell Banker Realty

$11,250,000

Est. payment /mo

$11,250,000

Est.Price: ?

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4465 Kahala AVE Honolulu, HI 96816

SOLD DATE : 06/24/2024

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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Hawaii Central MLS (HiCentralMLS)

Christina Nishiyama (R)

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

+1(808) 479-3915

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