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About This Home
This 7-bedroom, 5-bathroom residential multi family at 3198 WAWAE RD in Kalaheo, HI is listed for $2,499,000 ($847 per sqft). Built in 1992, the home offers 2,950 sqft of living space on a 0.35 acres lot.
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.
Key Features
- Built in 1992
- 0.35 acre lot
Property Details
Monthly Cost Estimate
$13,365/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3198 WAWAE RD
Kalaheo, HI 96741
KALAHEO HOMESTEADS
Property Details
Parking
Questions & Answers
This 7-bedroom, 5-bathroom residential multi family at 3198 WAWAE RD is listed at $2,499,000 ($847/sqft). The estimated monthly payment is $10,829 based on 20% down at 6.5% interest.
Key features include: Built in 1992, 0.35 acre lot.
This property is listed by Jimmy Johnson and can be reached at 8086399675 or jimmy@kauailuxuryhomes.com.



