Honolulu, HI 96816,4465 Kahala AVE
Listed by Overseas Investors, Inc.
Bought with Coldwell Banker Realty

$11,250,000

Est. payment /mo

$11,250,000

Est.Price: ?

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4465 Kahala AVE Honolulu, HI 96816

SOLD DATE : 06/24/2024

Key Details

Sold Price $11,250,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Kahala Area

MLS Listing ID 202409316

Sold Date 06/24/24

HOA Y/N No

Annual Tax Amount $64,103

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.

Location

State HI

County Oahu

Area Diamondhd

Interior

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Sewer Connected

Waterfront Yes

View Y/N Yes

View Coastline, Ocean

Present Use Residential

Building

Lot Description Cleared, Interior Lot, Level

Sewer Connected

Schools

Elementary Schools Kahala

Middle Schools Kaimuki

High Schools Kalani

Others

Tax ID 1-3-5-003-003-0000

Financing Cash

Special Listing Condition None

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License ID: RB-23341

License ID: RB-23341

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