221 Kihapai Street

Kailua HI 96734

15008 sq. ft.

Land

Last sold for $1,875,000

Cherie Tsukamoto, last sold this property on 31 July 2026 after 162 days on market.

Overview

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.

Features

15008 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Kailua over the last 12 months, the estimated median property value of 221 Kihapai Street is $1.46m.

Median value

$1.46m

Estimated value range

$1m - $1.95m

Median days on market

171

Estimated value trend

-3%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Kailua. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 221 Kihapai Street

2026

Sold

$1,875,000

31 Jul 2026 by Cherie Tsukamoto, of Hawaii Life Real Est. Brokers

2022

Sold

Undisclosed

08 Aug 2022

Happy sellers in Kailua

We have insufficient information to provide an overview of customer satisfaction for Kailua. Viewing the agent profiles, reviews and sales for Kailua can provide insights for this location.