MLS#

202409316

List Price

$11,250,000

Days on Market

16

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