Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202600742 $2,199,000 0 Beds /0 Baths
MLS #: 202600742 Status: ACTIVE List Price: $2,199,000 Price SQFT: $0 City: KAILUA
Beds: 0 Baths: 0 Zip: 96734
Listing Remarks
Set within a truly magical and serene setting, the property enjoys panoramic, 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 and compelling 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.
Address: 221 KIHAPAI STREET 0 KAILUA HI 96734
Listing Courtesy of HAWAII LIFE
Listing Photos
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Last Updated: 2026-01-12