221 Kihapai Street, Kailua, HI

$2,000,000

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0.34

Acres

About 221 Kihapai Street

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.

Features of 221 Kihapai Street

MLS® # 202610600
Price $2,000,000
Bathrooms 0.00
Acres 0.34
Type Land
Sub-Type Land
Status Active

Community Information

Address 221 Kihapai Street
Area Kailua
Subdivision COCONUT GROVE
City Kailua
County Oahu
State HI
Zip Code 96734

Amenities

Utilities Above Ground Utilities, Cable Available, Electricity Available, Sewer Available, Water Available
Features Cleared, Other, Level
View Mountain(s), Other
Is Waterfront Yes
Waterfront Waterfront
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Features Landscaping
Lot Description Cleared, Other, Level

School Information

Elementary Kailua
Middle Kailua
High Kalaheo

Additional Information

Date Listed June 1st, 2026
Days on Market 68
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHawaii Life
Contact Info(800) 667-5028

Listing Map

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