# 221 Kihapai Street, Kailua, HI 96734

> **TL;DR:** single family, $2,000,000.
> Waterfront. Est. $8,667/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,000,000 |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 2 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,667 |
| **Total** | **$8,667** |

## Nearby Schools

- **Elementary:** Kailua
- **Middle:** Kailua
- **High:** Kalaheo

## Key Amenities

- Waterfront

## Property Highlights

- Waterfront

## Description

### Agent Description
Set within a truly magical and serene setting, the property enjoys panoramic views of the majestic Ko'olau Mountains and 218' of canal frontage and direct access to the peaceful Maunawili Stream. This entire parcel backs up against county land, allowing Units 2 & 3 to live much larger than their 5,000 sq. ft. entitlement suggests, providing an extraordinary sense of privacy and connection to nature. "Kihapai Ohana" represents a rare Kailua development opportunity: a fully approved three-home Residential CPR situated on an approximately 15,008 sq. ft. fee-simple parcel in an established neighborhood. Build one large residence or take advantage of existing approval for three separate CPR dwellings, allowing immediate development potential, as the property has already been separated into three spatial units (1, 2, and 3), each offering roughly 5,000 sq. ft. of exclusive-use land-allowing buyers to focus on design and construction rather than entitlement hurdles. Unit 3 has a DPP APPROVED permit for a 1,607sq. ft. 4bd/2ba single level dwelling that takes full advantage of the 120' of canal frontage, with Ko'olau views from every bedroom.

## Location

- **Address:** 221 Kihapai Street, Kailua, HI 96734
- **County:** Oahu
- **Neighborhood:** COCONUT GROVE
- **Coordinates:** 21.395582, -157.749496
- **Google Maps:** https://www.google.com/maps?q=21.395582,-157.749496

## Virtual Tour & Media

- **Video Tour:** https://shoots.styronphoto.com/sites/lnnrano/unbranded

## Listing Agent

- **Name:** Cherie Tsukamoto
- **Brokerage:** Hawaii Life
- **Phone:** 8082272216
- **Email:** cherietsukamoto@hawaiilife.com

## Primary Photo

![221 Kihapai Street - Primary Photo](http://lh.rdcpix.com/5098c68659a787c2461485afdcd5a827l-f1026844244r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/221-kihapai-street-kailua-hi-96734-02610612)*

---

**MLS#:** 202610612 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/221-kihapai-street-kailua-hi-96734-02610612)

---

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