Address
614 Wailepo Street, Kailua, HI
Price
$ 4,600,000
Property Attributes
- MLS#202107506
- TypeBackup
- CountyOAHU
- CityKailua
- AreaKailua
- NeighborhoodCOCONUT GROVE
- Zip96734
- StyleHotel/Apt,Residential
- Taxes$ 1108
- Price$ 4,600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.459137 Acres
Data Source:
HiCentral MLS (HICMLS)
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 | In Escrow Showing |
| 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 Backup Average in 96734
Price
Taxes
Visits
Walkscore
© 2011 HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 10, 2022 1:49 PM UTC Some of the active listings appearing on this site may be listed by other REALTORS®. We are only showing FEE SIMPLE, ACTIVE listings on this website.
