SOLD 08/31/2023
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734 & 735 Kihapai Place, Kailua, HI 96734
$5,000,000 $4,999,999
Land
sold
0.565 acres
Neighborhood:
Coconut Grove
Sold 08/31/2023
$5,000,000 $4,999,999
10 min walk to Kawai Nui Marsh
23 min walk to the beach
7 min drive to the golf
28 min walk to Kailua Beach
5 min drive to Castles
About lifestyles
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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Details
Oahu island
- Year Built -
- Original list price $4,999,999
- Days on market 163
- Price per sqft $203/sqft
-
Address
734 & 735 Kihapai Place, Kailua, HI, 96734
- Frontage Ocean
- Neighborhood Coconut Grove
- Land area 24,593 sqft / 0.565 acres
- City of Oahu Kailua
- Region Kailua
- Island Oahu
- Land tenure FS - Fee Simple
- View City, Mountain, Other
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$25,494
Taxes
$896
HOA dues
$0
Mortgage
Down payment
$1,000,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$25,494 / month
Neighborhood: Coconut Grove
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
17.5 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Amenities & Features
—
Documents Available
Archaeological Survey, Building Plans, Environmental Assessment, Other, Soils Engineer Map
Number of Lots
1
Land Use
Hotel/Apt, Residential
Easements
None
Sewer
None
Restrictions
None
Surface Road Frontage
Paved Rd
Improvements
Curbs
Possible Use
Duplex, Multi Family, Single Family
Disclosures
None
Utilities Included
None
Coconut Grove prices
Average price $2.96m
Neighborhood average sales price*
$2.96m
Neighborhood median sales price*
$2.2m
Number or sales*
26
Street median sales price*
$1.25m
Median sale price Wailea Ekahi I*
$1.1m
*last 6 months
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
Elementary School
|
0.466mi | |
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
Middle School
|
0.466mi | |
|
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
High School
|
0.639mi |
| School rating | Distance | |
|---|---|---|
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
0.466mi | |
|
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
|
0.484mi | |
|
Hawaiian Mission Academy Windward Campus
160 Mookua Street,
Kailua, HI 96734
|
0.733mi | |
|
St. Anthony Parish School
148 Makawao Street,
Kailua, HI 96734
|
0.737mi | |
|
Kailua Christian Academy
1276 Kailua Road,
Kailua, HI 96734
|
0.843mi |
| School rating | Distance | |
|---|---|---|
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
0.466mi | |
|
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
|
0.484mi | |
|
Hawaiian Mission Academy Windward Campus
160 Mookua Street,
Kailua, HI 96734
|
0.733mi | |
|
St. Anthony Parish School
148 Makawao Street,
Kailua, HI 96734
|
0.737mi | |
|
Kailua Intermediate School
145 South Kainalu Dr,
Kailua, HI 96734
|
0.768mi |
| School rating | Distance | |
|---|---|---|
|
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
|
0.639mi | |
|
Kailua Christian Academy
1276 Kailua Road,
Kailua, HI 96734
|
0.843mi | |
|
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
1.14mi | |
|
Le Jardin Academy
917 Kalanianaole Hwy,
Kailua, HI 96734
|
1.62mi | |
|
Trinity Christian School
875 Auloa Road & 1110 Kailua Road,
Kailua, HI 96734
|
1.666mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Aug 31, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Aug 31, 2023 | Sold | $5,000,000 | $203.31 | Public Record |
| Jun 30, 2023 | Active Under Contract | $4,999,999 | $203.31 | MLS #202306684 |
| Mar 23, 2023 | New Listing | $4,999,999 | $203.31 | MLS #202306684 |
Tax & MLS details 734 & 735 Kihapai Place, Kailua, HI, 96734
12 - A-2 Medium Density Apartme zoning / MLS #202306684
Current Property Taxes p/month
$896
Property Tax Year
2022
Assessed Improvement value
$0
Assessed Land value
$2,926,000
TMK
1-4-3-058-066-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AH
Topography
Level
Location
Cul-De-Sac
Lot Description
Clear
Property Setbacks
C&C
Total Assessed value
$2,926,000
Listed by
Standard Management LLC
(808) 208-8107
(808) 208-8107
MLS #
202306684
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Frequently asked questions for 734 & 735 Kihapai Place
What is 734 & 735 Kihapai Place?
734 & 735 Kihapai Place is a piece of land, of approximate 0.565 acres (about +/- 24,593 sqft).
What is the full address of this land?
734 & 735 Kihapai Place, Kailua, HI, 96734.
Are there beaches near 734 & 735 Kihapai Place?
The nearest beach is 0.950 miles away. It should take about 23 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Standard Management LLC. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on June 14, 2024.
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