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Land sold for $5,000,000 in 101 days

734 & 735 Kihapai Pl Kailua, HI, 96734

Neighborhood: Coconut Grove

Off the market 0.56 acres

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The offering consists of the extremely rare opportunity to acquire the fee simple interest in 24,593 square feet of A-2 (medium density apartment) zoned land in Kailua, on the island of Oahu. Included with the property are construction drawings for a 42-unit residential condo development. The property’s level site, size, and great location make it an excellent development opportunity for market rate residential condominiums in a submarket with tremendous demand. This is the last undeveloped A-2 zoned parcel of this size in Kailua and is priced below recent comparable sales making it a great opportunity for a developer. The property consists of 2 lots - TMK 1-4-3-58-65 & 1-4-3-58-66.
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Property details

Oahu county
View
City, Mountain, Other
Land area
24,593 sqft (0.56 acres)
Price per sqft
$203/sqft
Address
734 & 735 Kihapai Pl, Kailua, HI, 96734
City of Hawaii
Kailua
Island
Oahu
Frontage
Ocean
Land tenure
FS - Fee Simple
Neighborhood
Coconut Grove
District
Kailua
Zoning
12 - A-2 Medium Density Apartme

Open Houses

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Listed by

Clint B Crawford, Standard Management LLC
(808) 208-8107
Name
Clint B Crawford
License number
RS-79176
Brokerage company
Standard Management LLC
(808) 208-8107
MLS #
202306684

Buyer agent

Name
NON MLS
Brokerage company
Non-MLS

Payment calculator

Calculate your monthly payments
Mortgage
$15,352
Taxes
$896
HOA dues
$0
$16,248 per month
Mortgage
$1,000,000 / 20%
2.28%
30 years
Your amount $15,352 / month

Lot details

TMK #1430580660000
Lot Description
Clear
Parcel #
1430580660000

Coconut Grove neighborhood info

Essentials nearby
Neighborhood stats
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

People living in Coconut Grove

38%
Families with children
National average: 39%
21%
Non family households
107,854
Population
$154,287
Average Income

Age & gender

Median age 37 years
More info

Commute types

83% commute by car
More info

Education level

24% have bachelor education
More info

Number of employees

13% work in education and healthcare
More info

Vehicles available

42% have 2 vehicle
More info

Vehicles by gender

42% have 2 vehicle
More info

Housing market insights for

$1.77m
Neighborhood average
sales price*
$1.46m
Neighborhood median
sales price*
165
Number
of sales*

Housing type

66% are single detacheds
More info

Rooms

39% of the houses have 6 or 7 rooms
More info

Bedrooms

61% have 2 or 3 bedrooms
More info

Owners vs Renters

63% are owners
More info
17.5 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Utilities

None
Utilities
None

Location Details, Documents & Disclosures

Documents & disclosure
None

Schools

15 schools with rating up to 8
School rating Distance
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
Elementary School
0.43mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
Middle School
0.43mi
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
High School
0.645mi
School rating Distance
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.43mi
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.444mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.702mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.703mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.868mi
School rating Distance
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.43mi
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.444mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.702mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.703mi
8
out of 10
Kailua Intermediate School
145 South Kainalu Dr, Kailua, HI 96734
0.729mi
School rating Distance
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
0.645mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.868mi
7
out of 10
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
1.155mi
NR
Le Jardin Academy
917 Kalanianaole Hwy, Kailua, HI 96734
1.655mi
NR
Trinity Christian School
875 Auloa Road & 1110 Kailua Road, Kailua, HI 96734
1.696mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Aug 31, 2023

Coconut Grove Median sales price 2024

Bedrooms Med. price % of listings
Not specified $1.6m 10%
2 beds $510k 10%
3 beds $1.38m 30%
4 beds $1.39m 30%
5 beds $1.35m 10%
6 beds $1.4m 10%
Date Event Price $/sqft Source
Aug 31, 2023 Sold $5,000,000 203.31 Public Record
Aug 31, 2023 Price Increase $5,000,000 203.31 MLS #202306684
Jun 30, 2023 $4,999,999 203.31 MLS #202306684
Mar 23, 2023 New Listing $4,999,999 203.31 MLS #202306684

Taxes of 734 & 735 Kihapai Pl, Kailua, HI, 96734

12 - A-2 Medium Density Apartme zoning / MLS #202306684
Current Property Taxes p/month
$896
Assessed Improvement value
$0
Assessed Land value
$2,926,000
Land Recorded
Land Court
Flood Zone
Zone AH
Topography
Level
Location
Cul-De-Sac
Total Assessed value
$2,926,000

Tax History

Year Taxes Source
2022 $10,752 MLS #202306684
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

Agent viewpoints of 734 & 735 Kihapai Pl, Kailua, HI, 96734

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Frequently Asked Questions about 734 & 735 Kihapai Pl

What is 734 & 735 Kihapai Pl?

734 & 735 Kihapai Pl is a lot of 0.56 acres (about is 24,593 sqft).

What is the full address of this Land?

734 & 735 Kihapai Pl, Kailua, HI, 96734.

Tell me about the point of interest nearby

The closest grocery stores are Foodland, 0.24 miles away and Whole Foods Market, 0.31 miles away.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Standard Management LLC.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Aug 31, 2023
Verhouse Last checked 4 minutes ago


The closest grocery stores are Foodland, 0.24 miles away and Whole Foods Market, 0.31 miles away.
The Coconut Grove neighborhood has a population of 107,854, and 38% of the families have children. The median age is 37.69 years and 83% commute by car. The most popular housing type is "single detached" and 63% is owner.
Land Sold $5m 734 & 735 Kihapai Pl, Kailua, HI, 96734 0.56 acres Save House Remove from Saved