65 Kailuana Place

$5,500,000
This former Castle Estate property is located on a private lane at Castle Point. It has the potential to become 2 separate properties through a CPR (streetside property of 10,000 sq.ft. complete with the existing 3-bed 2-bath guest home that was built in 2002; and a vacant beachfront property of 19,274 sq.ft. with 78 feet of sandy beachfront). It also may have the potential to become 3 separate lots of at least 10,000 sq.ft. each. The lovely property is bordered by a canal on one side and the Pacific on the other, it is quiet and serene. The estate has sweeping panoramic views of the Pacific, including Kailua Beach, the Mokulua Islands, and the Koolau Mountains. Live in the existing home while you build the beachfront estate of your dreams on the remaining 20,000+ square feet of open area. The property is over 32,000 sq.ft. In size, with 29,274 square feet of useable area, and 78 linear feet of sandy beach frontage. It contains dozens of coconut palms and lush tropical landscaping. It is the most protected area of Kailua beach from the weather, on a low-traffic private lane in a peaceful neighborhood. The property is located two lots down from President Obama’s annual vacation stay.

FEATURES:

Land Area: 29,274 sq.ft
Total Built: 2,451 sq.ft.
Bedroom: 3
Baths: 2

Call: Donald T. Eovino (R)
(808) 735-3066