614 Wailepo St, Kailua

$4,600,000

  • MLS® #: 202107506
  • 614 Wailepo St
  • Kailua, HI 96734

614 Wailepo St, Kailua

$4,600,000

  • MLS® #: 202107506
  • 614 Wailepo St
  • Kailua, HI 96734
0 Beds
0 Baths
20,000 Sqft
.46 Acres
0 Garages
  • Overview 20000 SQ. Feet, 0.46 Acres
  • Listing Type Lots/Acres/Farms
  • Office: Standard Management LLC

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.

Essential Information

MLS® #202107506
Price$4,600,000
Bathrooms0.00
Square Footage20,000
Acres0.46
TypeLots/Acres/Farms
Sub-TypeLand
Land TenureFS - Fee Simple
StatusActive

Community Information

Address614 Wailepo St
AreaKailua
SubdivisionCOCONUT GROVE
CityKailua
StateHI
Zip Code96734

Amenities

FeaturesClear, Other
ViewCity, Mountain, Other

Utilities

Electricity, Public Water, Sewer, Water

Exterior

Lot DescriptionClear, Other
FrontageOther

School Information

ElementaryKailua
MiddleKailua
HighKailua

Additional Information

Date ListedMarch 23rd, 2021
Days on Market44
Description Land TenureFS - Fee Simple

Zoning

12 - A-2 Medium Density Apartme

Listing Details

OfficeStandard Management LLC
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Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on May 7th, 2021 at 10:06am HST. Information is deemed reliable but not guaranteed. Copyright: 2021 by the HiCentral MLS®, Ltd.

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