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4050 Keanu St - Kahala Loa Development

4.25 Acres of Residential Land Offered at £4,142,250 in Honolulu, HI 96816

Investment Highlights

  • PROMINENT LOCATION IN DESIRABLE NEIGHBORHOOD WITH STRONG DEMOGRAPHICS. Kahala is known as a prestigious neighborhood with an affluent consumer base.
  • SIGNIFICANT BARRIERS TO ENTRY. There is a scarcity of available land of this size in the submarket.
  • FEE SIMPLE RESIDENTIAL OPPORTUNITY. The seller had prepared a Cluster Permit Application for 16 homes and a preliminary layout for 8 homes.
  • LACK OF NEW CLUSTER HOME DEVELOPMENT. Makes the site ideal for a small residential development or family compound of 1 to 8 homes.

Executive Summary

Housing Development Opportunity in Prestigious Kahala Neighborhood.

Property Facts

Price £4,142,250
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 4.25 AC

1 Lot Available

Lot

Price £4,142,250
Price Per AC £974,647
Lot Size 4.25 AC

Description

PROMINENT LOCATION IN DESIRABLE NEIGHBORHOOD WITH STRONG DEMOGRAPHICS Kahala is known as a prestigious neighborhood with an affluent consumer base. There is a large concentration of luxury real estate and beachfront homes in the submarket. SIGNIFICANT BARRIERS TO ENTRY There is a scarcity of available land of this size in the submarket. LACK OF NEW CLUSTER HOME DEVELOPMENT There hasn’t been any recent construction for cluster homes in the area. The site is ideal for a small residential development or family compound of 1 to 8 homes. FEE SIMPLE RESIDENTIAL OPPORTUNITY The seller had prepared a Cluster Permit Application for 16 homes and a preliminary layout for 8 homes. CONVENIENT LOCATION The site is close to Waikiki, with easy access to the H-1 Freeway and approximately 6 miles to Honolulu’s Central Business District.

Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R-5, Honolulu
R-5, Honolulu
  • Listing ID: 29099962

  • Date on Market: 25/07/2023

  • Last Updated:

  • Address: 4050 Keanu St, Honolulu, HI 96816

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