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221 Kihapai St 2 Kailua, Hi vacant land for sale - photo 2 of 25
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221 Kihapai St unit 2, Kailua, HI, 96734
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221 Kihapai St 2, Kailua, HI 96734

$779,000 Land for sale 0.115 acres Neighborhood:  Coconut Grove
Build your Kailua dream home in a private, peaceful valley setting with 98' of canal frontage and unobstructed views of the Majestic Ko'olaus. Unit 2 of the Kihapai Ohana Residential CPR offers ~5,000 sq ft of private land in the serene Maunawili Valley, on one of the last remaining unbuilt parcels in Kailua. The property lives larger thanks to adjacent City & County buffer land along the waterway, enhancing privacy and connection to nature - you've got to visit and experience for yourself. Set back from the street for privacy yet conveniently located for construction, the lot allows creative site planning and potential two-lot assemblage (1+2 or 2+3). Utilities are nearby, and as one of the first two homes built, Unit 2 is fully SMA-exempt, streamlining permitting. Units 1, 2, and 3 may be purchased individually or together, offering a rare opportunity to live in a private, nature-filled landscape with the timeless spirit of Hawaii.
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Details

Oahu island
  • Year Built -
  • Days on market 17
  • Price per sqft $156/sqft
  • Address

    221 Kihapai St unit 2, Kailua, HI, 96734

  • Frontage Stream/Canal, Waterfront
  • Neighborhood Coconut Grove
  • Land area 5,000 sqft / 0.115 acres
  • City of Oahu Kailua
  • Region Kailua
  • Island Oahu
  • Land tenure FS - Fee Simple
  • View Mountain, Other
  • Virtual Tour View (external link)

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$3,972
Taxes
$0
HOA dues
$0
$3,972 per month
Mortgage
Down payment
$155,800 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $3,972 / month

Neighborhood: Coconut Grove

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
17.5 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

Land Use
Residential
Easements
Drainage, Driveway, Other
Sewer
Connect Required
Restrictions
Covenants
Improvements
Landscaped, Sidewalks, Street lights
Possible Use
Single Family
Utilities Included
Cable, Electricity, Overhead Electricity, Public Water, Sewer, Water

Coconut Grove prices

Average price $933.37k
Neighborhood average sales price*
$933.37k
Neighborhood median sales price*
$910k
Number or sales*
23
*last 6 months

Schools

15 schools in this area
School rating Distance
NR
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
Elementary School
0.544mi
NR
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
Middle School
0.544mi
NR
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
High School
0.75mi
School rating Distance
NR
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.544mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.561mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.704mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.732mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.91mi
School rating Distance
NR
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.544mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.561mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.704mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.732mi
NR
Kailua Intermediate School
145 South Kainalu Dr, Kailua, HI 96734
0.837mi
School rating Distance
NR
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
0.75mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.91mi
NR
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
1.017mi
NR
Le Jardin Academy
917 Kalanianaole Hwy, Kailua, HI 96734
1.64mi
NR
Trinity Christian School
875 Auloa Road & 1110 Kailua Road, Kailua, HI 96734
1.713mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Nov 19, 2024
Date Event Price $/sqft Source
Nov 19, 2024 New Listing $825,000 $165.00 MLS #202426923
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Tax & MLS details 221 Kihapai St unit 2, Kailua, HI, 96734

MLS #202528240
Assessed Improvement value
$0
TMK
1-4-3-059-088-0002
Flood Zone
Zone AH
Topography
Level
Lot Description
Clear
Total Assessed value
$1,038,100
Listed by
Hawaii Life
(800) 667-5028
MLS #
202528240
Hawaii House tour report for this land
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Frequently asked questions for 221 Kihapai St unit 2

What is 221 Kihapai St unit 2?

221 Kihapai St unit 2 is a piece of land, of approximate 0.115 acres (about +/- 5,000 sqft).

What is the full address of this land?

221 Kihapai St unit 2, Kailua, HI, 96734.

Are there beaches near 221 Kihapai St unit 2?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2026 by HiCentral Mls, Ltd. Listing courtesy of Hawaii Life. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on January 12, 2026.
Hawaii House Last checked 1 minute ago.

Land for sale $779,000 221 Kihapai St unit 2, Kailua, HI, 96734 0.115 acres Save House Remove from Saved