How do you price a land that is fronting such a beautiful white sandy beach?
Kailua Beach - a stretch of 2.5 miles of white sandy beach right outside of your doorstep.
Rare parcel of land that is almost an acre in size.
People that love nature or the ocean sometimes chose to buy land or a house on the Northshore, but at the same time, they are sacrificing the convenience of daily living. Kailua is different. Here you will be enjoying the beautiful sandy beach and the majestic mountain view without sacrificing your daily living convenience.
Target, Wholefood, Safeway, Times Supermarket, Schools, a Golf course, Castle Medical Center, many restaurants, and the Windward Mall are nearby. Here you can live your dream of luxurious island living and know that you can drive to town, and Waikiki easily.
Kailua is well known for its beautiful ocean and its white sand- a place that many visitors also like to visit when they are in Hawaii. Kailua beach park and Kalama Beach park are not too far and Lanikai Beach is also very close. 144 Kaapuni dr is one of the few parcels of land left that has a direct Kailua beach fronting scenery. The fact that this is in flood zone X reassures the homeowner knowing that the flooding chance is very low. Moreover, the Kaapuni drive is a private road that its community Kaapuni association is in the discussion of putting up a gate to make the place more private for the households on the Kaapuni Dr.
The fact that the lot is more than 40,000 SF and is in the R10 zoning gives the owner the opportunity to build more than 1 house on this lot. The rarity of such a lot justifies its price. Its view and the direct accessibility to the beach are priceless. The potential buyer of this lot will be the one who likes to create his/her own home or home rather than just buy a home on the beach that was created by someone else. There was a beach fronting home also on this Kaapuni Dr that was sold for 15 million on 7/25/2018 with a lot size of 29507 SF.
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