Hawaii Living

703 Kihapai Pl (Kalama Tract & Coconut Grove)

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703 Kihapai Pl, Kailua
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Description
A2 zoned lot totaling 6sq/ft. Two duplexes giving you financing flexibility. 4 units total. Each unit is a 2bed/1bath. Average current rate is $1900/month. This location has beautiful mountain views and just blocks to Kailua town. 4 electric meters, one water meter. 703 and 707 Kihapai Pl are both available and must close simultaneously. Income and expenses are approximate. This is listing is for 703 Kihapai Place ONLY. 707 Kihapai is also listed for the same price. Please look at the first photo closely.
Past Activity
  • Oct 11, 2024 Listed at $1,939,000
  • Jun 12, 2024 Off Market
  • Feb 28, 2024 Listed at $2,050,000
  • Feb 02, 2022 Sold for $1,490,000
  • Dec 14, 2021 Under Contract
  • Nov 09, 2021 Back to Active
  • Nov 01, 2021 Under Contract
  • Sep 20, 2021 Listed at $1,490,000
  • Jul 09, 2021 Off Market
  • Nov 17, 2020 Listed at $3,200,000
  • Apr 30, 2019 Off Market
  • Feb 04, 2019 Price $3,080,000
  • Dec 19, 2018 Back to Active
  • Nov 23, 2018 Under Contract
  • Nov 15, 2018 Price $3,200,000
  • Nov 15, 2018 Listed at $3,400,000
  • May 22, 2017 Sold for $900,000
  • Mar 21, 2017 Under Contract
  • Mar 18, 2017 Listed at $900,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $716
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone AH
  • View: Mountain
  • Property Condition: Above Average
  • Security Features: Key
  • TMK: 1-4-3-58-40-0
  • Tax Assessed Land: $1,140,000
  • Tax Assessed Improvements: $85,600
  • Tax Assessed Total: $1,225,600
  • Courtesy: Corcoran Pacific Properties
  • MLS: 202124190
Good to Know
See this aerial video of Coconut Grove and Kalama Tract homes.

For whatever reason the Hawaii real estate world often lumps these areas together, often putting them under the joint category of Coconut Grove/Kalama Tract. They shouldn't. These are very different neighborhoods. They may be next door each other, but these neighbors are easy to tell apart.

Coconut Grove is the more mauka area, one that begins roughly on the mauka side of Maluniu Ave, ending firmly at the preserved Kawainui Regional Park.

The Homes of Coconut Grove
This is one of the most affordable Kailua neighborhoods,   .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
Other Kalama Tract & Coconut Grove Homes
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624 Olomana St
4 Bds | 2 Ba
1,570 ft²
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315 Oneawa St
5 Bds | 2.5 Ba
1,632 ft²
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619 Olomana St
3 Bds | 2 Ba
1,128 ft²
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604 Punaa St
3 Bds | 2 Ba
1,328 ft²
Other Oahu Homes
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609 Olomana St
8 Bds | 8 Ba
2,960 ft²
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703 Kihapai Pl
8 Bds | 4 Ba
2,080 ft²
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1564 Ulupuni St
7 Bds | 4 Ba
3,556 ft²
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849 Hauoli St
5 Bds | 3.5 Ba
1,960 ft²
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5316 KUMOLE ST
3 Bds | 3 Ba
2,412 ft²
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2140 Palolo Ave
5 Bds | 3 Ba
1,458 ft²
  • Sold 2/2/22 at $1,490,000
    (List Price: $1,490,000)
Description
A2 zoned lot totaling 6sq/ft. Two duplexes giving you financing flexibility. 4 units total. Each unit is a 2bed/1bath. Average current rate is $1900/month. This location has beautiful mountain views and just blocks to Kailua town. 4 electric meters, one water meter. 703 and 707 Kihapai Pl are both available and must close simultaneously. Income and expenses are approximate. This is listing is for 703 Kihapai Place ONLY. 707 Kihapai is also listed for the same price. Please look at the first photo closely.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Oct 11, 2024 Listed at $1,939,000
    • Jun 12, 2024 Off Market
    • Feb 28, 2024 Listed at $2,050,000
    • Feb 02, 2022 Sold for $1,490,000
    • Dec 14, 2021 Under Contract
    • Nov 09, 2021 Back to Active
    • Nov 01, 2021 Under Contract
    • Sep 20, 2021 Listed at $1,490,000
    • Jul 09, 2021 Off Market
    • Nov 17, 2020 Listed at $3,200,000
    • Apr 30, 2019 Off Market
    • Feb 04, 2019 Price $3,080,000
    • Dec 19, 2018 Back to Active
    • Nov 23, 2018 Under Contract
    • Nov 15, 2018 Price $3,200,000
    • Nov 15, 2018 Listed at $3,400,000
    • May 22, 2017 Sold for $900,000
    • Mar 21, 2017 Under Contract
    • Mar 18, 2017 Listed at $900,000
    See this aerial video of Coconut Grove and Kalama Tract homes.

    For whatever reason the Hawaii real estate world often lumps these areas together, often putting them under the joint category of Coconut Grove/Kalama Tract. They shouldn't. These are very different neighborhoods. They may be next door each other, but these neighbors are easy to tell apart.

    Coconut Grove is the more mauka area, one that begins roughly on the mauka side of Maluniu Ave, ending firmly at the preserved Kawainui Regional Park.

    The Homes of Coconut Grove
    This is one of the most affordable Kailua neighborhoods,   .....
    Read more.
    Other Kalama Tract & Coconut Grove Homes
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    624 Olomana St
    4 Bds | 2 Ba
    1,570 ft²
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    315 Oneawa St
    5 Bds | 2.5 Ba
    1,632 ft²
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    619 Olomana St
    3 Bds | 2 Ba
    1,128 ft²
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    604 Punaa St
    3 Bds | 2 Ba
    1,328 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.