NOT LISTED FOR SALE

Estimated Value: $3,539,000 - $12,370,255

2.76 Acres
$3,102,090 Price per Acre
120,319 Sq Ft Lot

Last Sold August 30, 2021

Last sale price $24,000,000

Current estimated payment $52,903/month

201 Days on Market

Highlights

  • Ocean Front
  • 120,319 Sq Ft lot
  • 3-minute walk to Fort Ruger Mini Park / Operation Red Wings Medal of Honor Park
  • Kahala Elementary School Rated A-
  • Level Lot

About This Lot

As of August 2021

Situated along Kahala Avenue's prestigious stretching shoreline awaits a Crown Jewel development opportunity. This three lot, 2.76 acre (120,319 sq.ft.) sale features 364 linear feet of ocean and partial sandy beach frontage along Honolulu's most desired luxury destination. Develop the most commanding property in Kahala utilizing all three lots, or construct separate oceanfront homes at 4433 Kahala Ave, 4423 Kahala Ave, and 4415 Kahala Ave. Don't pass up this incredible opportunity to develop one of Hawaii's most iconic properties into a world-renowned island Paradise! Boundary Maps Approximate.

Last Agent to Sell the Property

Sachi Braden

Sachi HI Pacific Century Prop. License #RB-16308 Listed on: 01/11/2021

Co-Listed By

Laisin Lee

Sachi HI Pacific Century Prop. License #RB-18549

Last Buyer's Agent

Yukiko Yang

List Sotheby's Int'l Realty License #RB-22654

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $205,810

Lot Details

  • 2.76 Acre Lot
  • Ocean Front
  • Level Lot
  • Cleared Lot

Property Views

  • Ocean Views

Schools

  • Kahala Elementary School
  • Kaimuki Middle School
  • Kalani High School

Utilities

  • No Utilities
  • Sewer Not Available

Community Details

  • The community has rules related to covenants

Property Details

Property Type

Land

Est. Annual Taxes

$205,810

Lot Details

0

Listing Details

  • PropertyFrontage: Ocean
  • Property Sub Type: Land
  • Prop. Type: Lots/Acres/Farms
  • Restrictions: Covenants
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Easements: None
  • Flood Zone: Zone VE
  • Lot Features: Clear
  • Topography: Level
  • View: Ocean
  • Lot Improvements: None

Utilities

  • Utilities: None
  • Sewer: None

Schools

  • Elementary School: Kahala
  • High School: Kalani
  • Middle Or Junior School: Kaimuki

Lot Info

  • Crops Included: No
  • Future Land Use: Residential

Tax Info

  • Tax Annual Amount: 205809.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Aug 19, 2021
Sold by
Costal Properties Llc
Bought by
Ki Corporation
Seller's Agent
Sachi Braden
Sachi HI Pacific Century Prop.
Buyer's Agent
Yukiko Yang
List Sotheby's Int'l Realty
List Price
$24,000,000
Sold Price
$24,000,000
Current Estimated Value
$8,568,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,431,582
Avg. Annual Appreciation
-21.93%

Purchase Details

Closed on
Oct 9, 2006
Sold by
Sherman Richard
Bought by
Wf Coastal Properties Llc

Purchase Details

Closed on
Oct 7, 2003
Sold by
Morita Co Inc
Bought by
Sherman Richard W and Barham Trust

Purchase Details

Closed on
Sep 29, 1998
Sold by
E & F Exchange Inc
Bought by
System Land Usa Inc

Purchase Details

Closed on
Sep 24, 1998
Sold by
System Land Usa Inc
Bought by
Morita Co Inc

Purchase Details

Closed on
Aug 22, 1995
Sold by
Fad Hawaii Inc
Bought by
E & F Exchange Inc

Purchase Details

Closed on
Aug 18, 1994
Sold by
Naungayan Alejandro and Naungayan Roosevelt
Bought by
Naungayan Alejandro and Naungayan Evangeline
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ki Corporation $24,000,000 Tg
Wf Coastal Properties Llc $12,000,000 Itc
Sherman Richard W $7,000,000 --
System Land Usa Inc -- --
Morita Co Inc $4,000,000 --
E & F Exchange Inc $4,100,000 --
Naungayan Alejandro -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $24,000,000 0.0% --
07/31/2021 07/31/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $24,000,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $93,979 $9,060,700 $9,060,700 --
2024 $93,979 $8,892,900 $8,892,900 --
2023 $93,979 $8,892,900 $8,892,900 $0
2022 $87,024 $8,859,400 $8,859,400 $0
2021 $69,407 $7,181,600 $7,181,600 $0
2020 $75,749 $7,785,600 $7,785,600 $0
2019 $49,959 $6,051,000 $6,051,000 $0
2018 $49,959 $6,051,000 $6,051,000 $0
2017 $38,137 $6,356,100 $6,356,100 $0
2016 $35,086 $5,847,700 $5,847,700 $0
2015 $42,284 $7,047,300 $7,047,300 $0
2014 -- $8,913,400 $8,913,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202100661

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-5-003-009-0000