4465 Kahala Avenue, Honolulu, HI 96816

$11,250,000
List Price
$11,250,000
MLS#
202409316
Days on Market
24
Status
ACTIVE UNDER CONTRACT
Type
Land
Land Area
35,283
Land Tenure
FS - Fee Simple
Neighborhood
Kahala

Property Description

Two Oceanfront lots including 4465 and 4469 Kahala Ave (1)3-5-3-2. Value of the 2 lots are enhanced by the construction of a legal seawall to prevent erosion, which has allowed for the formation of a sandy beach right in front of the property. The cost of permits, approvals, demolition and construction of the seawall were approximately $1.32 million. Additionally, there are approved plans for a joint development consisting of 2 residences (main residence and cottage for guests) garage, pool, driveway and shoreline structure, total floor area of about 27,037 sf. Approximate cost of the permitting and plans for the improvements: $1.438 million. Planning and approvals, Group 70, Jeff Overton. Seawall construction, Nan, Inc. Owner has completed the Environmental Assessment, SMA Permit, Shoreline Setback Variance and Conditional Use Permit/Joint Development Agreement.

Additional Information

Island
Oahu
Utilities
Cable, Electricity, Sewer, Telephone, Water
View
Coastline, Ocean
Easements
None
Elementary School
Kahala
Middle School
Kaimuki
High School
Kalani
Lot Size
35,283
Possible Use
Multi Family, Single Family
Mls Area Major
DiamondHd
Neighborhood
Kahala
Frontage
Ocean, Sandy Beach, Waterfront
Tax Amount
$5,341
Sewer
Connected
Lot Features
Clear
Restrictions
None
Assessed Total
6272200
Assessed Land
6272200
Zoning
04 - R-7.5 Residential District

Mortgage Calculator

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Listing courtesy of Overseas Investors, Inc..

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