$2,499,000
 $13,415 est/mo Sourced by Back At You

3198 Wawae Rd,Kalaheo, HI 96741

Kalaheo, HI 96741

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Description

CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for multi-generational living, private retreat center, family compound, or as a cash-flow rental. Live in one and rent out the rest. * SELLER FINANCING AVAILABLE *Down Payment of 15% ($375,000).Owner financing up to 5 years at only 4.75% interest. $15,300 / month current total income. Rent roll available. FOUR UNITS: * MAKAPUNI - main house consists of a 4 bedroom / 2 bath with a staircase that leads to two half lofts and a mini office loft, as well as an enclosed lanai. * OLUOLU - guesthouse is a 1bedroom / 1 bath that has its own private yard, private parking, and fireplace. * UKULELE - caretakers cottage is a cozy and functional 1bedroom / 1 bath cottage with open lanai that overlooks the Lawai valley. * HAUOLI - open floorplan studio with loft / half bath and outdoor shower with lanai and private courtyard. * FLEX SPACE - converted garage that could be utilized as an office space, work out room, storage, or more. Each unit has its own washer and dryer, privacy from the other units, and comes fully-furnished. A terrific turn-key situation that can start earning for you on the day of closing. Perched on a cool and breezy Lawai hillside, this enchanting property was built with concrete and love. Meandering concrete paths lead to separate buildings, surprise spaces, fruit trees, and planted with exotic tropical foliage. You will know you are on the Garden Island. Convenient Lawai location is a short drive away from the sunny beaches of Poipu, the necessities of Lihue, and the wonders of the Westside and Kokee.

Details

MLS #729558
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1992
Days On Site132
Listing Provided ByRE/MAX Kauai - Princeville Office | Jimmy Johnson

Features

Bed(s)7
Bath(s) 5 Total
SQ Feet2,950
ZoningA
Acreage0.35

Taxes

Property3118

Area Information

StateHI
CityKalaheo
Zip Code96741
AreaKauai
Community NameKALAHEO HOMESTEADS
Listing VS Median (in KALAHEO HOMESTEADS)
Price:
$2,499,000
low | high
Med:
$1,879,000
74.809923969588% of Average
sqft:
2,950
low | high
Med:
512
100% of Average
$ / sqft:
$847
low | high
Med:
$3,670
100% of Average
On site:
132
low | high
Med:
201
65.671641791045% of Average
Sourced by Back At You

Market Activity 96741

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Learn More About This Property

StateHI
CityKalaheo
Zip Code96741
AreaKauai
Community NameKALAHEO HOMESTEADS
Listing VS Median (in KALAHEO HOMESTEADS)
Price:
$2,499,000
low | high
Med:
$1,879,000
74.809923969588% of Average
sqft:
2,950
low | high
Med:
512
100% of Average
$ / sqft:
$847
low | high
Med:
$3,670
100% of Average
On site:
132
low | high
Med:
201
65.671641791045% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.874M - $3.123M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
3198 WAWAE RD Property Photo 1
$2,499,000
3198 Wawae Rd
Kalaheo, HI 96741
Listing Updated: August 1, 2026 at 3:20:21 PM PDT
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