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Ad #7553334
MLS #729558
Listing photo

CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for

3198 WAWAE RD, Kalaheo, HI 96741
$2,499,000
7Beds
5Baths
2,950Sqft
0.35Acres

About this property

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.

Property Features

7 Beds
5 Baths
2,950 Sqft
Built in 1992
0.35 Acres
Assigned
$3,118 / yr property tax
KALAHEO HOMESTEADS Community

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Jimmy Johnson

REMAX Kauai

808-639-9675

Location

Map
Listing Agent: Jimmy Johnson 808-639-9675
Broker: REMAX Kauai 808-826-9675 Listing Site
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026

Photo Gallery

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CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 21
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 22
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 23
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 24
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 25
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 26
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 27
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 28
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 29

$2,499,000

7
Beds
5
Baths
2,950
Sqft

3198 WAWAE RD, Kalaheo, HI 96741

By contacting this agent you agree to these Terms and Conditions.
Home Hawaii Kalaheo
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 1
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 2
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 3
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 4
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for - photo 5
MLS# 729558
Home For Sale

CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for

$2,499,000

3198 WAWAE RD, Kalaheo, HI 96741

7
Beds
5
Baths
2,950
Sqft
0.35
Acres
$2,499,000
3198 WAWAE RD, Kalaheo, HI 96741
7 Beds
5 Baths
2,950 Sqft
0.35 Acres
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.
123 days
on BeachHouse.com
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Property Details

HOME DETAILS

7 Beds
5 Baths
2,950 Sqft
Built in 1992
0.35 Acres

EXTERIOR

Assigned

FINANCIAL & COMMUNITY

$3,118 / yr property tax
KALAHEO HOMESTEADS Community
See More Details

Location

Map
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Ad Statistics

Ad Number
7553334
Viewed
114 times
Listing Status
Active
Added
Apr 10, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
Hawaii Information Service
Source Property ID
729558
Listing Agent: Jimmy Johnson 808-639-9675
Broker: REMAX Kauai 808-826-9675 Listing Site
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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SEARCH STATES
Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
Help Contact Us
ADDITIONAL MARKETS
LakeHouse.com MountainHomes.com GolfHomes.com BarrierFreeHome.com
SUBSCRIBE
Receive notifications for new listings
Subscribe
X Facebook Instagram YouTube

Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.11
Terms & Policy