221 Kihapai Street, Kailua, HI 96734

Local realty services provided by:CENTURY 21 Island Homes
221 Kihapai Street,Kailua, HI 96734
$2,199,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Condominium
  • Active
Listed by: cherie tsukamoto, jon s mann(800) 667-5028
Office: hawaii life
MLS#:202600742
Source:HI_HBR

Price summary

  • Price:$2,199,000

About this home

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. 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 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

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Home facts

  • Listing ID #:202600742
  • Added:1 day(s) ago
  • Updated:January 14, 2026 at 07:01 PM

Structure and exterior

  • Lot area:0.34 Acres

Schools

  • High school:Kalaheo
  • Middle school:Kailua
  • Elementary school:Kailua

Finances and disclosures

  • Price:$2,199,000
  • Tax amount:$300
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on January 14, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.