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    Keanu St Honolulu, HI 96816

    Sponsored
    For Sale
    $5,250,000

    4.245 acres, R-5 zoning, Honolulu

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.245-acre parcel in Honolulu's prestigious Kahala neighborhood presents a rare development opportunity. Located at 4050-E Keanu Street, 96816, this fee simple residential land boasts R-5 zoning, allowing for various residential projects. A preliminary layout for a cluster of 8 homes, and a completed application for 16 homes, are available. The site's convenient location offers proximity to Waikiki, the H-1 Freeway, and Honolulu's Central Business District (approximately 6 miles). The scarcity of available land of this size in Kahala, coupled with its strong demographics and affluent consumer base, makes this a highly desirable investment. The property's APN is (1) 3-3-13: 28. The asking price is $5,250,000. This land is ideal for a small residential development or a family compound, capitalizing on the lack of new cluster home developments in the area.

    Property Features for 0 Keanu St

    General Information

    Property type
    Land
    Lot Size
    184,912 SF

    HighLights

    • Prominent Kahala location with affluent demographics and high concentration of luxury real estate.
    • High barriers to entry due to limited land availability.
    • Rare opportunity: lack of new cluster home developments in the area.
    • Fee simple residential opportunity; existing permit application for up to 16 homes.
    • Convenient location near Waikiki, H‑1 Freeway, and Honolulu CBD (6 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.78893339651
    Latitude
    21.281702829681

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    FAQs

    What type of property is this?
    Land - 4.245 acres, R-5 zoning, Honolulu
    Where is this land located?
    The property is located at Keanu St Honolulu, HI.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: Prominent Kahala location with affluent demographics and high concentration of luxury real estate.; High barriers to entry due to limited land availability.; Rare opportunity: lack of new cluster home developments in the area.
    (808) 387-3444
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    Keanu St Honolulu, HI 96816
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    Honolulu, HI 96816
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Keanu St Honolulu, HI 96816
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