Address
614 Wailepo Street Kailua, HI
Price
$ 4,600,000
Property Attributes
  • MLS#202107506
  • TypeLand
  • CountyOAHU
  • CityKailua
  • AreaKailua
  • NeighborhoodCOCONUT GROVE
  • Zip96734
  • StyleHotel/Apt,Residential
  • Taxes$ 1108
  • Price$ 4,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.46 Acres
Listing Provided Courtesy Of:
Standard Management LLC
Data Source:
HiCentral MLS (HICMLS) - 23 - HI
Property Description

The offering consists of the extremely rare opportunity to acquire the fee simple interest in 20,000 square feet of A-2 (medium density apartment) zoned land in Kailua. Included with the property are construction drawings for a 42-unit condo development, along with the condo map (already in-place) and the park dedication fee ($280,000 value!) which will be transferred to a buyer at no additional charge. The property’s level site, size, and great location make it an excellent development opportunity for market rate or affordable housing. The offering includes the vacant land as well as the existing two vacant apartment buildings with a total of 7 units (no electric meters/power currently). The lot size allows for a potential Bill 7 development.

Elementary School Middle School High School
Kailua Elementary School Kailua Middle School Kailua High School
Price History
3/23/2021 Listed $4,600,000

General Features

Easements None
Elementary School Kailua
High School Kailua
Land Tenure FS - Fee Simple
Middle/Junior School Kailua
Possible Use Church, Duplex, Multi Family
Restrictions None
Sewer Connected
Status Active
TMK Area 143
TMK Division 1
TMK Parcel 95
TMK Plat 59
TMK Section 3
TMK Zone 4
Terms Offered Cash
Topography Level
Utilities Electricity, Public Water, Sewer, Water
View City, Mountain, Other

Exterior Features

Improvements Curbs, Driveway, Street lights
Land Use Hotel/Apt, Residential
Lot Description Clear, Other
Lot Size Area 20000.00
Property Frontage Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 96734

Price
AVG $1.82M
$4.6M
Taxes
AVG $1,108
$1,108
Visits
AVG 110
98

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