KALAHEO HOMESTEADS · Kalaheo
3198 WAWAE RD, KALAHEO, HI 96741
$2,499,000
7BR · 5BA · 2,950 sqft
Property details
- Beds / baths
- 7BR · 5BA
- Living area
- 2,950 sqft
- Price / sqft
- $847/sqft
- HOA
- —
- Days on market
- 0 days
- Year built
- 1992
- Property type
- Residential Income · Four Or More Units
- Ownership
- CPR
- Land tenure
- Fee Simple
- MLS #
- 729558
- Status
- Active
- Location
- View on Google Maps
About this listing
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.
Nearby on Kauaʻi
What's around this listing
Restaurant
Drift Kauai Restaurant & Bar
Laid-back island vibes meet quality eats at this 4.7-star spot where beach clothes are welcome and the bar keeps things lively.
Shopping
Horses Are Good Company
This western-meets-island boutique carries quality sun hats, leather goods, and upcountry style pieces. You'll find unique items here that differ from typical beach shop selections, making it a worthwhile stop before or after exploring Kōkeʻe.
Golf
Kukuiolono Golf Club
This historic 9-hole course sits atop an extinct volcano, delivering panoramic views since 1928. Wide, forgiving fairways and affordable rates make it accessible for beginners seeking authentic Hawaiian golf culture without resort pricing.
Attraction
Lawai International Center
Step into a sacred valley where Japanese immigrants built 88 Buddhist shrines in 1904, replicating an ancient pilgrimage route. This cultural landmark features beautifully restored shrines and the Hall of Compassion, offering visitors a direct connection to Kauai's multicultural heritage and spiritual history.
Listing courtesy of RE/MAX Kauai - Princeville Office
Source: MLS Hawaii
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