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$2,199,000 Just Listed
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Property Description
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 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.
Full Property Details
Full Property Details for 221 Kihapai St
General
- Price: $2,199,000
- Taxes: $300
- Status: Active
- Type: Single Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202600721
- Updated: 1/14/2026
- Added to Site: 3 day(s) ago
Interior
- Furnishings: Unfurnished
- Flooring: Other
Parking
- Parking Features: Driveway
Location
- Area: Kailua
- County: Oahu
- Subdivision: COCONUT GROVE
School Information
- Elementary School: Kailua
- Middle School: Kailua
- High School: Kalaheo
Utilities
- Water: Public
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Water Available
Structural Information
- Architectural Style: Detached
- Detached/Attached: Detached
- Construction: Other
- Stories/Levels: 1
- Property Condition: Tear Down / Value in Land
Lot Features
- Property View: Mountain(s), Other
- Mountain views: Yes
- Lot Size: 15008
- Frontage: County Road
- Topography: Level
- Lot Features: Cleared, Other, Level
- Zoning: 05 - R-5 Residential District
Water Features
- Water Front: Yes
Financial Considerations
- Assessment Amount: $83,300
- Tax Amount: $300
Disclosures and Reports
- Special Conditions: None
- Inclusions: None
- Disclosures/Reports: Seller Disclosure, See Remarks
- Disclosures/Rstr.: Seller Disclosure, See Remarks
- Property ID: 1-4-3-059-088-0000
Listed by Hawaii Life
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Schools
Schools serving 221 Kihapai St
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Kailua Elementary School 315 Kuulei Road, Kailua, HI 96734 | PK-6 | 0.6 mi |
Kailua Intermediate School 145 South Kainalu Drive, Kailua, HI 96734 | 7-8 | 0.7 mi |
Kalaheo High School 730 Iliaina Street, Kailua, HI 96734 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 Kihapai St
Date
Details
Price
Change
Source
1/12/2026
Listed
$2,199,000
16815.38%
MLS
12/17/2024
Sold
$13,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 221 Kihapai St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$300
—
$83,300
3%
2023
$300
—
$80,600
—
2022
$300
—
$80,600
4%
2022
$300
—
$77,800
33%
2021
$300
—
$58,500
2%
2021
$300
—
$57,400
4%
2018
$300
—
$55,200
14%
2016
$300
—
$48,600
8%
2015
$300
—
$45,200
-18%
2019
$300
—
$55,200
43%
2014
$300
—
$38,600
3%
2013
$300
—
$37,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 221 Kihapai St
221 Kihapai Street, Kailua, HI 96734 (MLS# 202600721) is a Single Family property with 0 bedrooms and 0 full bathrooms. 221 Kihapai Street is currently listed for $2,199,000 and was received on January 12, 2026. Want to learn more about 221 Kihapai Street? Do you have questions about finding other Single Family real estate for sale in Kailua? You can browse all Kailua real estate or contact a Coldwell Banker agent to request more information.

