3198 Wawae Rd, Kalaheo, HI 96741

Kalaheo
Local realty services provided by:Better Homes and Gardens Real Estate Rainbow Island Properties
3198 Wawae Rd,Kalaheo, HI 96741
$2,499,000
  • 7 Beds
  • 5 Baths
  • 2,950 sq. ft.
  • Multi-family
  • Active
Listed by: jimmy johnson
Office: re/max kauai - princeville office
MLS#:729558
Source:HI_HIS

Price summary

  • Price:$2,499,000
  • Price per sq. ft.:$847.12

About this home

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...

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Home facts

  • Year built:1992
  • Listing ID #:729558
  • Added:9 day(s) ago
  • Updated:April 20, 2026 at 11:38 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:4
  • Living area:2,950 sq. ft.

Structure and exterior

  • Year built:1992
  • Building area:2,950 sq. ft.
  • Lot area:0.35 Acres
  • Lot Features:Rim Lot, Wooded

Utilities

  • Water:Public, Water Available
  • Sewer:Cesspool, Septic Tank

Finances and disclosures

  • Price:$2,499,000
  • Price per sq. ft.:$847.12
  • Tax amount:$3,118 (2025)

Parking

  • Parking description:Unassigned
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

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