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Residential Land for Sale in Kailua, Hawaii

221 Kihapai St, Kailua, HI 96734

$769,000
Pending sale
Under contract

Build your Kailua dream home in a private, peaceful valley setting with 98' of canal frontage and unobstructed views of the Majestic Ko'olaus. Unit 2 of the Kihapai Ohana Residential CPR offers ~5,000 sq ft of private land in the serene Maunawili Valley, on one of the last remaining unbuilt parcels in Kailua. The property lives larger thanks to adjacent City & County buffer land along the waterway, enhancing privacy and connection to nature - you've got to visit and experience for yourself. Set back from the street for privacy yet conveniently located for construction, the lot allows creative site planning and potential two-lot assemblage (1+2 or 2+3). Utilities are nearby, and as one of the first two homes built, Unit 2 is fully SMA-exempt, streamlining permitting. Units 1, 2, and 3 may be purchased individually or together, offering a rare opportunity to live in a private, nature-filled landscape with the timeless spirit of Hawaii.

Location

Street address
221 Kihapai St, Unit 2
Community
Coconut Grove
Elevation
1 feet
Coordinates
21.3954, -157.7494

Property details

Zoning
05 - R-5 Residential District
MLS #
HICENTRAL 202528240
Posted

Parcels

  • 1-4-3-059-088-0002

Details and features

Listing

Type
Land

Lot

Waterfront
Yes
Features
Cleared, Interior Lot, Level

Exterior

Features
Landscaping

Structure

Water
Public

Nearby schools

NameType
KailuaElementary
KailuaMiddle
KalaheoHigh

Listing history

DateEventPriceChangeSource
Mar 10, 2026Under contract$769,000HICENTRAL
Feb 11, 2026Price drop$769,000$10,000 -1.3%HICENTRAL
Jan 13, 2026New listing$779,000HICENTRAL
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This property is located at 221 Kihapai St Unit 2 in Kailua, HI 96734. The property is pending sale.

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