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Condominium in Kailua, HI

$2,199,000 Get Pre-Approved

221 Kihapai Street unit: 0, Kailua, HI, 96734

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Set within a truly magical and serene setting, the property enjoys panoramic, 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 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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Additional Listing Details:

1 day on HouseJet

Last Refresh: 01/14/2026 10:00:05 PM UTC

MLS #: 202600742

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Listing Agent

Cherie Tsukamoto

License # RB-14911

Hawaii Life Real Estate Brokers

Phone: 800-370-3848