Seller Financing
Address
3198 Wawae Rd, Kalaheo, HI
Price
$ 2,499,000
Property Attributes
  • MLS#729518
  • TypeSingle Family
  • Listing Status A
  • CountyKAUAI
  • CityKalaheo
  • AreaKoloa
  • NeighborhoodKALAHEO HOMESTEADS
  • Zip96741
  • Style
  • Year Built1992
  • Taxes$ 3118
  • Price$ 2,499,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage2950
  • Lot Size0.348003 Acres
Data Source:
Hawaii Info Service (HISMLS)
Property Description

ENCHANTING 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! 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. * 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. 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. * 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.

Price History
4/10/2026 Listed $2,499,000

General Features

Sewer Cesspool, Septic Tank
Utilities Electricity Available, Underground Utilities, Water Available
Zoning A
HOA Fee 0.0
Land Tenure Fee Simple
Year Built 1992
Property Subtype Single Family Residence
Tax Year 2025
Ownership CPR
Assoc Fee Paid Per Monthly
Property Type Residential
Subdivision Name KALAHEO HOMESTEADS
Full Baths 4
Status A
City Kalaheo
Lot Size Units Square Feet
Property Attached Y/N No
Tax Annual Amount 3118.0
Home Warranty Y/N No
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 809900
Listing Terms 1031 Exchange, Cash, Conventional, Open, Purchase Money Mortgage
Assoc/CIC Condominium
AttributionContact 8086399675
LeasableAreaUnits Square Feet
Structures YN No

Interior Features

Half Baths 1
Total Bedrooms 7
Total Baths 5

Exterior Features

Fencing Block, Concrete, Stone
Parking Features Unassigned
Lot Features Rim Lot, Wooded
Water Source Public
Lot Size Area 15159.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 96741

Price
AVG $1.96M
$2.5M
Taxes
AVG $4,951
$3,118
Year Built
AVG 1987
1992
Visits
AVG 50
52
Data Provided by Inside Real Estate®