3198 WAWAE RD, KALAHEO, HI 96741
Kalaheo Homesteads

$2,499,000(fs)

Property Details

• Year Built: 1992
• Lot Description: Rim Lot, Wooded
• Parking: Unassigned
• Pool: Yes
• Fencing: Block, Concrete, Stone
• Road Type: Paved
• Water: Public
• Project: C T CONDOMINIUM
• District: Koloa
• Subdivision: Kalaheo Homesteads
• Zoning Code: A
• Taxkey (TMK): 4240010770001
• Acceptable Terms: 1031 Exchange, Cash, Conventional, Open, Purchase Money Mortgage
• Land Tenure: Fee Simple
• Annual Property Taxes: $3,118
• Utilities: Electricity Available, Underground Utili

NCHANTING 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 / month current total income. Rent roll available.