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734 & 735 Kihapai Place, Kailua, HI, 96734
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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
$26,390 per month
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
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
17.5 / 20
Very walkable
18-20
15-18
10-15
1-10
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 $480.61k
Neighborhood average sales price*
$480.61k
Neighborhood median sales price*
$440k
Number or sales*
39
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
Elementary School
0.466mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
Middle School
0.466mi
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
High School
0.639mi
School rating Distance
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.466mi
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.484mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.733mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.737mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.843mi
School rating Distance
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.466mi
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.484mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.733mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.737mi
8
out of 10
Kailua Intermediate School
145 South Kainalu Dr, Kailua, HI 96734
0.768mi
School rating Distance
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
0.639mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.843mi
7
out of 10
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
1.14mi
NR
Le Jardin Academy
917 Kalanianaole Hwy, Kailua, HI 96734
1.62mi
NR
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
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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
MLS #
202306684
Hawaii House tour report for this land
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Stunning views
Ocean views
Open floorplan
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Similar homes nearby 734 & 735 Kihapai Place in Coconut Grove

Recently sold nearby 734 & 735 Kihapai Place in Coconut Grove

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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 2024 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 August 31, 2023.
Hawaii House Last checked 2 minutes ago.

Land sold $5,000,000 $4,999,999 734 & 735 Kihapai Place, Kailua, HI, 96734 0.565 acres Save House Remove from Saved