630 Wailepo St Kailua, HI 96734

Excellent possibility to build a 4 story house, to redevelop under Bill 7, or apartment building redevelopment: buyer to do its own due diligence. Seller was approved by DPP wastewater/sewer to build 25 units—see dd file with your accepted offer! Flood elevation certificate also part of the dd package shows flood risk is relatively low and definable. Bring your Architect and explore what this lot can become! Located with ultimate walkability and convenience to Kailua Town on the corner of Wailepo and Kihapai, this level, rectangular lot has one 2 bedroom, 1 bath cottage with 2 parking spaces = some income while you work through the DPP process. Property is being sold As Is, Where Is.