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#:202600721
Source:HI_HBR
Price summary
- Price:$2,095,000
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.
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Home facts
- Listing ID #:202600721
- Added:55 day(s) ago
- Updated:March 09, 2026 at 11:52 PM
Structure and exterior
- Lot area:0.34 Acres
- Lot Features:Cleared, Level
- Architectural Style:Detached
Schools
- High school:Kalaheo
- Middle school:Kailua
- Elementary school:Kailua
Utilities
- Water:Public
Finances and disclosures
- Price:$2,095,000
- Tax amount:$300
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