Listing details for 221 Kihapai St, 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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Listing Updated : 03-09-2026 at 1:18 PM HST
Property Details
Overview
Status
Active Under Contract
MLS #ID
202528242
Price
$2,095,000
Bedrooms
Bathrooms
0
Square Footage
Acres
Year
Days on Site
78
Property Type
Land
Property Sub Type
Land
Price per Sq Ft
$0
Date Listed
Jan 12, 2026
Community Information for 221 Kihapai St, Kailua, HI 96734