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For sale
  • $2,499,000

    3198 Wawae Rd, Kalaheo, HI 96741

    5beds
    2,200sqft
    : 
    Single Family Residence
    Built in 1995
    0.35 Acres Lot
    $-- Zestimate®
    $1,136/sqft
    $-- HOA

    What's special

    Exotic tropical foliageFruit treesEnclosed lanai
    ENCHANTING 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! 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. * 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. 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. * SELLER FINANCING AVAILABLE * Down Payment of 15% ($375,000). Owner financing up to 5 years at only 4.75% interest. $15,300 - $16,000 / month current total income. Rent roll available.
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    Zillow last checked: 7 hours ago

    Listing updated: 17 hours ago

    Listed by:

    Jimmy Johnson 8086399675,

    RE/MAX Kauai - Princeville Office

    Source: Hawaii Information Service,MLS#: 729518MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,200
      • Total interior livable area: 2,200 sqft

      Property

      Parking
      • Parking features: Unassigned
      Features
      • Fencing: Block,Concrete,Stone
      Lot
      • Size: 0.35 Acres
      • Features: Rim Lot, Wooded
      Details
      • Parcel number: 4240010770001
      • Zoning: A
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1995

      Utilities & green energy

      • Sewer: Cesspool, Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Underground Utilities, Water Available

      Community & HOA

      Community
      • Subdivision: KALAHEO HOMESTEADS
      Location
      • Region: Kalaheo

      Financial & listing details

      • Price per square foot: $1,136/sqft
      • Tax assessed value: $809,900
      • Annual tax amount: $3,118
      • Date on market: 4/10/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,Open,Purchase Money Mortgage
      • Ownership: CPR
      • Electric utility on property: Yes
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,170/mo

        Price history

        Price history
        DateEventPrice
        4/10/2026Listed for sale$2,499,000+0.4%$1,136/sqft
        Source: Hawaii Information Service #729518 Report a problem
        1/14/2026Listing removed$2,490,000$1,132/sqft
        Source: eXp Realty #710567 Report a problem
        11/6/2025Price change$2,490,000-2.4%$1,132/sqft
        Source: Hawaii Information Service #710567 Report a problem
        2/20/2025Price change$2,550,000-5.6%$1,159/sqft
        Source: Hawaii Information Service #710567 Report a problem
        11/23/2024Listed for sale$2,700,000$1,227/sqft
        Source: Hawaii Information Service #710567 Report a problem
        11/9/2024Listing removed$2,700,000$1,227/sqft
        Source: Hawaii Information Service #710567 Report a problem
        8/9/2024Price change$2,700,000-5.3%$1,227/sqft
        Source: Hawaii Information Service #710567 Report a problem
        7/3/2024Price change$2,850,000-5%$1,295/sqft
        Source: Hawaii Information Service #710567 Report a problem
        5/7/2024Listed for sale$3,000,000+0.1%$1,364/sqft
        Source: Hawaii Information Service #710567 Report a problem
        6/4/2021Listing removed$2,997,000$1,362/sqft
        Source: Hawaii Information Service #629922 Report a problem
        6/15/2020Listed for sale$2,997,000+139.8%$1,362/sqft
        Source: Hawaii Information Service #629922 Report a problem
        5/25/2016Listing removed$1,250,000$568/sqft
        Source: Owner Report a problem
        2/26/2016Listed for sale$1,250,000-3.8%$568/sqft
        Source: Owner Report a problem
        1/15/2016Listing removed$1,300,000$591/sqft
        Source: Owner Report a problem
        10/18/2015Listed for sale$1,300,000+46.4%$591/sqft
        Source: Owner Report a problem
        12/1/2012Listing removed$888,000$404/sqft
        Source: RE/MAX KAUAI #255351 Report a problem
        9/12/2012Price change$888,000-3.2%$404/sqft
        Source: RE/MAX KAUAI #255351 Report a problem
        6/20/2012Listed for sale$917,000$417/sqft
        Source: RE/MAX KAUAI #255351 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$3,118 +4%$809,900 +3%
        2024$2,999 -5.9%$786,300 +3%
        2023$3,186 +0.3%$763,400 +3%
        2022$3,175 +12.4%$741,200 +3%
        2021$2,826 -4.5%$719,600 +3%
        2020$2,960 $698,600 +3%
        2019-- $678,200 +3%
        2018$2,757 +3.6%$658,400 +37.3%
        2017$2,661 +109.6%$479,400 +3.3%
        2016$1,270 $464,300 -24.5%
        2015$1,270 -54.6%$615,300
        2014$2,799 $615,300

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $13,366/mo
        Principal & interest
        $12887
        Property taxes
        $479
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          Climate risks

          Neighborhood: 96741

          Getting around

          2 / 100
          Car-Dependent
          1 / 100
          Somewhat Bikeable

          Nearby schools

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