Ad #7553334
MLS #729558
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
Contact Information
Jimmy Johnson
REMAX Kauai
808-639-9675
Location
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.
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
$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.
MLS# 729558
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.
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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
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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.
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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