Coconut Grove Homes with Waterfront Frontage

Welcome to Coconut Grove, a hidden gem nestled in the picturesque Kailua on the enchanting island of Oahu, Hawaii. This charming neighborhood is renowned for its stunning waterfront properties that offer a unique blend of tropical paradise and modern living. Imagine waking up to the soothing sounds of the ocean waves, with breathtaking views right from your doorstep. Homes in Coconut Grove boast direct access to the sparkling waters, making it an ideal haven for water enthusiasts and nature lovers alike.

Coconut Grove is characterized by its lush landscapes, vibrant flora, and a warm, inviting community spirit. The neighborhood is a perfect blend of tranquility and convenience, with a selection of local shops, cozy cafes, and gourmet restaurants just a short stroll away. Residents enjoy the laid-back lifestyle that Kailua is famous for, with pristine beaches like Lanikai Beach and Kailua Beach Park just minutes away, perfect for sunbathing, swimming, and paddleboarding.

Whether you're seeking a charming bungalow or a luxurious waterfront estate, Coconut Grove offers a diverse range of homes that cater to various tastes and lifestyles. Each property is a treasure, featuring expansive outdoor spaces, private docks, and stunning views of the turquoise waters that surround the area.

In Coconut Grove, every day feels like a vacation, with opportunities for outdoor adventures, cultural experiences, and a strong sense of community. Discover the magic of waterfront living in this enchanting neighborhood, where your dream home awaits amidst the beauty of Oahu. Come and experience the blissful lifestyle that Coconut Grove has to offer!

Newest Coconut Grove Homes with Waterfront Frontage

$725,000

202610595 MLS ⋅ FS - Fee Simple Tenure ⋅ 56 DOM

Great New Price, now listed at $725,000. Build your Kailua dream home in a private, peaceful valley setting with 98' of canal frontage and unobstructed views of the Majestic Ko'olaus. Unit 2 of the Kihapai Ohana Residential CPR offers ~5,000 sq ft of private land in the serene Maunawili Valley, on one of the last remaining unbuilt parcels in Kailua. The property lives larger thanks to adjacent City & County buffer land along the waterway, enhancing privacy and connection to nature - you've got to visit and experience for yourself. Set back from the street for privacy yet conveniently located for construction, the lot allows creative site planning and potential two-lot assemblage (1+2 or 2+3). Utilities are nearby, and as one of the first two homes built, Unit 2 is fully SMA-exempt, streamlining permitting. Units 1, 2, and 3 may be purchased individually or together, offering a rare opportunity to live in a private, nature-filled landscape with the timeless spirit of Hawaii.

221 Kihapai Street Unit 2, Kailua

$735,000

202610597 MLS ⋅ FS - Fee Simple Tenure ⋅ 56 DOM

Set within a truly magical and serene setting, Unit 3 of the Kihapai Ohana CPR Development comes with a fully approved DPP building permit for a 1,607 sq ft 4bd/2ba home with carport and covered lanai, and spectacular panoramic Ko'olau views from every bedroom. With 120' of canal frontage and direct access to the Maunawili Stream, Unit 3 lives larger with the huge City & County land buffer zone creating a rare sense of privacy and connection to nature - you've got to visit and experience it for yourself. Enjoy kayaking or paddleboarding along the gentle waterways, or simply relax while surrounded by lush greenery and dramatic mountain vistas. A full construction cost breakdown, utility trenching estimates, and site development details have been prepared by a licensed contractor who is ready to build upon close, or you can bring your own builder. All details are included in the due-diligence packet. Units 1, 2, and 3 may be purchased individually or together.

221 Kihapai Street Unit 3, Kailua

$725,000

202610604 MLS ⋅ FS - Fee Simple Tenure ⋅ 56 DOM ⋅ Na BLDG.

Build your Kailua dream home in a private, peaceful valley setting with 98' of canal frontage and unobstructed views of the Majestic Ko'olaus. Unit 2 of the Kihapai Ohana Residential CPR offers ~5,000 sq ft of private land in the serene Maunawili Valley, on one of the last remaining unbuilt parcels in Kailua. The property lives larger thanks to adjacent City & County buffer land along the waterway, enhancing privacy and connection to nature - you've got to visit and experience for yourself. Set back from the street for privacy yet conveniently located for construction, the lot allows creative site planning and potential two-lot assemblage (1+2 or 2+3). Utilities are nearby, and as one of the first two homes built, Unit 2 is fully SMA-exempt, streamlining permitting. Units 1, 2, and 3 may be purchased individually or together, offering a rare opportunity to live in a private, nature-filled landscape with the timeless spirit of Hawaii.

221 Kihapai Street Unit 2, Kailua

$725,000

202610606 MLS ⋅ FS - Fee Simple Tenure ⋅ 56 DOM

221 Kihapai Street Unit 2, Kailua

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.