Great new price, now listed $599,000. Build Your Kailua Dream Home against the backdrop of the majestic Ko'olaus! As a PREMIER STREET-FRONT HOMESITE in the boutique Kihapai Ohana Residential CPR, this rare opportunity to design and build a custom home on a fee-simple CPR lot has great possibility. Unit 1 offers the best street access, shortest utility runs, proximity to hydrant, and a clean rectangular building envelope for excellent design flexibility, all at a below-market price tag. Located in a quiet residential pocket, the lot is just minutes from Kailua Beach, Whole Foods, and Kailua Town amenities. Kihapai Ohana is fully entitled with completed soils report, topo, flood studies, sewer approval, and CPR documentation. Units 2 & 3 are expected to build first; as the third dwelling, Unit 1 will require SMA review. Utilities are at the street; buyers handle connections and trenching. No monthly AOAO fees. Units 1, 2, and 3 may be purchased individually or together. A Buyer Due Diligence Package is available.