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221 Kihapai Street, Kailua, HI 96734
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.
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Details
Oahu island
- Year Built -
- Days on market 17
- Price per sqft $147/sqft
-
Address
221 Kihapai Street, Kailua, HI, 96734
- Frontage Preservation, Stream/Canal, Waterfront
- Neighborhood Coconut Grove
- Land area 15,008 sqft / 0.345 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
$11,213
Taxes
$25
HOA dues
$0
Mortgage
Down payment
$439,800 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$11,213 / month
Neighborhood: Coconut Grove
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
17.5 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
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
Duplex, Multi Family, Single Family
Utilities Included
Cable, Electricity, Overhead Electricity, Public Water, Sewer, Water
Coconut Grove prices
Average price $1.25m
Neighborhood average sales price*
$1.25m
Neighborhood median sales price*
$1.24m
Number or sales*
18
*last 6 months
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
Elementary School
|
0.544mi | |
|
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
Middle School
|
0.544mi | |
|
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
High School
|
0.75mi |
| School rating | Distance | |
|---|---|---|
|
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
|
0.544mi | |
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
0.561mi | |
|
Hawaiian Mission Academy Windward Campus
160 Mookua Street,
Kailua, HI 96734
|
0.704mi | |
|
St. Anthony Parish School
148 Makawao Street,
Kailua, HI 96734
|
0.732mi | |
|
Kailua Christian Academy
1276 Kailua Road,
Kailua, HI 96734
|
0.91mi |
| School rating | Distance | |
|---|---|---|
|
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
|
0.544mi | |
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
0.561mi | |
|
Hawaiian Mission Academy Windward Campus
160 Mookua Street,
Kailua, HI 96734
|
0.704mi | |
|
St. Anthony Parish School
148 Makawao Street,
Kailua, HI 96734
|
0.732mi | |
|
Kailua Intermediate School
145 South Kainalu Dr,
Kailua, HI 96734
|
0.837mi |
| School rating | Distance | |
|---|---|---|
|
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
|
0.75mi | |
|
Kailua Christian Academy
1276 Kailua Road,
Kailua, HI 96734
|
0.91mi | |
|
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
1.017mi | |
|
Le Jardin Academy
917 Kalanianaole Hwy,
Kailua, HI 96734
|
1.64mi | |
|
Trinity Christian School
875 Auloa Road & 1110 Kailua Road,
Kailua, HI 96734
|
1.713mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Tax & MLS details 221 Kihapai Street, Kailua, HI, 96734
MLS #202528242
Current Property Taxes p/month
$25
Assessed Improvement value
$0
TMK
1-4-3-059-088-0000
Flood Zone
Zone AH
Topography
Level
Lot Description
Clear
Total Assessed value
$83,300
Listed by
Hawaii Life
(800) 667-5028
(800) 667-5028
MLS #
202528242
Hawaii House tour report for this land
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Stunning views
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Frequently asked questions for 221 Kihapai Street
What is 221 Kihapai Street?
221 Kihapai Street is a piece of land, of approximate 0.345 acres (about +/- 15,008 sqft).
What is the full address of this land?
221 Kihapai Street, Kailua, HI, 96734.
Are there beaches near 221 Kihapai Street?
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 15, 2026.
Hawaii House Last checked less than a minute ago.
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