614 Wailepo Street

Kailua, HI, 96734

$4,600,000

$4,600,000
Active Under Contract
Active Under Contract
 - For Sale
property_type
Other
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.
MLS® ID:
202107506
Listed:
3/22/21
Updated:
11/29/22

Exterior/Building Features

Lot Size
0.46 acres lot
Lot Details
Clear, Other
Sewer
Connected

School Information

High School
Kailua
Middle/Jr High
Kailua
Elementary School
Kailua

Other Property Details

Area Name
Kailua
Taxes
$13296.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
Y
Utilities
Electricity, Public Water, Sewer, Water
Pool
No

 

Courtesy of Standard Management LLC, Clint Crawford

Listing Contact: (808) 208-8107 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS / HiCentral (HBR) listings last updated on 11/29/22 11:03 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2022 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

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Data last updated 11:03 PM UTC, 11/29/22

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