$2,095,000

221 Kihapai Street, Kailua, HI 96734

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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. “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. 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. 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.

Listing Status:
Active
Date Added:
January 12, 2026
Data Last Updated:
February 14, 2026 at 7:23AM
Listing Office:
Hawaii Life : (800) 667-5028
MLS ID:
202528242
  • General: Landscaping
  • Road/Access: County RoadPreservationCanalWaterfront
  • Originating MLS: HICMLS
  • County: Oahu
  • Topography: Level
  • Zoning: 1-4-3-059-088-0000
  • View: Mountain(s)OtherView
  • Current Use: ResidentialSingle Family
  • Utilities: Above Ground UtilitiesCable AvailableElectricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Not Connected
  • Source: HICMLS

This listing courtesy of Hawaii Life

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kailua Elementary School

315 Kuulei Rd, Kailua, HI, 96734

Grades KG-6

0.52 miles away

K

Kailua Intermediate School

145 S Kainalu Dr, Kailua, HI, 96734

Grades 7-8

0.85 miles away

K

Kalaheo High School

730 Iliaina St, Kailua, HI, 96734

Grades 9-12

1.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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