Water Views
614 Wailepo Street Kailua, HI
$ 5,250,000
Property Attributes
  • MLS#202017231
  • TypeLand
  • CountyOAHU
  • CityKailua
  • AreaKailua
  • NeighborhoodCOCONUT GROVE
  • Zip96734
  • StyleHotel/Apt,Residential
  • Taxes1071
  • Price$ 5,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.46 Acres
Listing Provided Courtesy Of:
Standard Management LLC
Property Description

The offering consists of the extremely rare opportunity to acquire the land, building plans, other fees, and application with the City and County for building permits for the Kailua Lofts, a turnkey 42-unit condominium development project in the heart of Kailua. The project has already received the majority of approvals needed to start construction and the condominium map is already in-place. A buyer can pay the few remaining fees, pick up the permits, and start construction! There is currently a flat vacant lot and two existing vacant apartment buildings on the site with 7 units (no electric meters/power currently). Seller will sell the land only in the event a buyer wants to complete a different development and not assume the project fees that have already been paid.

Elementary School Middle School High School
Kailua Elementary School Kailua Middle School Kailua High School
Price History
7/17/2020 Listed $5,250,000

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, Ocean, Other

Exterior Features

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


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

Property vs Zip Code Average in 96734

AVG $2.01M
AVG $1,082
AVG 49

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