221 Kihapai Street, Kailua, HI 96734
Local realty services provided by:Better Homes and Gardens Real Estate Refined
Listed by: cherie tsukamoto, jon s mann(800) 667-5028
Office: hawaii life
MLS#:202600742
Source:HI_HBR
Price summary
- Price:$2,199,000
About this home
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.
Contact an agent
Home facts
- Listing ID #:202600742
- Added:7 day(s) ago
- Updated:January 14, 2026 at 07:01 PM
Structure and exterior
- Lot area:0.34 Acres
Schools
- High school:Kalaheo
- Middle school:Kailua
- Elementary school:Kailua
Finances and disclosures
- Price:$2,199,000
- Tax amount:$300
New listings near 221 Kihapai Street
- Open Thu, 9:30am to 12pmNew
$10,995,000Active5 beds 5 baths5,201 sq. ft.141 Kailuana Loop, Kailua, HI 96734
MLS# 202601073Listed by: HAWAII MODERN REALTY - New
$1,275,000Active5 beds 3 baths1,364 sq. ft.360 Hualani Street #C, Kailua, HI 96734
MLS# 202601108Listed by: HILINA'I HOMES INCORPORATED - Open Thu, 9:30 to 11:30am
$980,000Active3 beds 2 baths1,006 sq. ft.102 Kahako Street #A, Kailua, HI 96734
MLS# 202600155Listed by: DAMON HI PAC INTL PROP LLC
$1,375,000Active5 beds 3 baths1,784 sq. ft.368 Keolu Drive, Kailua, HI 96734
MLS# 202527680Listed by: STOTT REAL ESTATE, INC.
$2,200,000Active5 beds 3 baths3,157 sq. ft.244 Kihapai Street #A, Kailua, HI 96734
MLS# 202525632Listed by: KELLER WILLIAMS HONOLULU
$1,890,000Active6 beds 5 baths3,088 sq. ft.337 Kihapai Street #C, Kailua, HI 96734
MLS# 202525342Listed by: COLDWELL BANKER REALTY
$3,395,000Active4 beds 3 baths2,450 sq. ft.322 Lapa Place, Kailua, HI 96734
MLS# 202523750Listed by: COLDWELL BANKER REALTY
$4,500,000Active3 beds 4 baths1,988 sq. ft.926 Aalapapa Drive, Kailua, HI 96734
MLS# 202521041Listed by: HAWAII HOMES INTERNATIONAL
$750,000Active2 beds 2 baths930 sq. ft.1109 Akipohe Street #14C, Kailua, HI 96734
MLS# 202518556Listed by: HAWAII MODERN REALTY
$6,600,000Active6 beds 4 baths4,000 sq. ft.756 Mokulua Drive, Kailua, HI 96734
MLS# 202512453Listed by: COMPASS