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About This Home

This 0-bedroom, 0-bathroom single family at 221 Kihapai Street in Kailua, HI is listed for $2,000,000. on a N/A lot.

Agent Description

Great New Price - now listed at $2,000,000. Set within a truly magical and serene setting, the property enjoys panoramic views of the majestic Ko'olau Mountains and 218' of canal frontage and direct access to the peaceful Maunawili Stream. This entire parcel backs up against county land, allowing Units 2 & 3 to live much larger than their 5,000 sq.

ft. entitlement suggests, providing an extraordinary sense of privacy and connection to nature. "Kihapai Ohana" represents a rare Kailua development opportunity: a fully approved three-home Residential CPR situated on an approximately 15,008 sq. ft. fee-simple parcel in an established neighborhood.

Build one large residence or take advantage of existing approval for three separate CPR dwellings, allowing immediate development potential, as the property has already been separated into three spatial units (1, 2, and 3), each offering roughly 5,000 sq.

ft. of exclusive-use land-allowing buyers to focus on design and construction rather than entitlement hurdles. Unit 3 has a DPP APPROVED permit for a 1,607sq. ft. 4bd/2ba single level dwelling that takes full advantage of the 120' of canal frontage, with Ko'olau views from every bedroom.

Key Features

  • Waterfront

Property Details

1 story

Amenities

Waterfront

Monthly Cost Estimate

$10,696/mo

20% down · 6.5% · 30 years

Principal$1,446
Interest$8,667
Insurance$583

Estimates only. Actual payments may vary.

Location

221 Kihapai Street

Kailua, HI 96734

COCONUT GROVE

Property Details

Parking

Driveway

Questions & Answers

This 0-bedroom, 0-bathroom single family at 221 Kihapai Street is listed at $2,000,000. The estimated monthly payment is $8,667 based on 20% down at 6.5% interest.

Key features include: Waterfront.

This property is listed by Cherie Tsukamoto and can be reached at 8006675028 or cherietsukamoto@hawaiilife.com.

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CT

Cherie Tsukamoto

Agent at Hawaii Life

(800) 667-5028

Listed by Hawaii Life · View on Broker Site

MLS# 202600721· Source: listhub· Updated 101 days ago

Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

221 Kihapai Street, Kailua, HI 96734

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