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4050 Keanu St - Kahala Loa Development 4.25 Acres of Residential Land Offered at $5,250,000 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
PROPERTY FACTS
| Price | $5,250,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.25 AC |
| Property Type | Land | ||
| Zoning | R-5, Honolulu | ||
| Price | $5,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 4.25 AC |
| Zoning | R-5, Honolulu |
1 LOT AVAILABLE
Lot
| Price | $5,250,000 | Lot Size | 4.25 AC |
| Price Per AC | $1,235,294.12 |
| Price | $5,250,000 |
| Price Per AC | $1,235,294.12 |
| 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.
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4050 Keanu St - Kahala Loa Development
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