4465 Kahala Avenue, Honolulu, HI 96816

$11,250,000
List Price
$11,250,000
Days on Market
16
MLS#
202409316
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

View
Coastline, Ocean
Zoning
04 - R-7.5 Residential District
Lot Size
35,283
Frontage
Ocean, Sandy Beach, Waterfront
Sewer
Connected

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Listing courtesy of Overseas Investors, Inc..

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