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Listed price in listed location currency (USD).
$2,490,000

750

MLS® 710567

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2400 sqft
Garage No
HOA Fees 
Taxes $3,186
Days Active 190
Approx. Age 1995
Avg. Price Per Sqft $1,037
MLS® Number 710567

Property Address: 3198 Wawae Rd, KALAHEO, HI, 96741-8318

Average square foot calculated using Size range provided by listing agent.

Description

Income-Producing Property in Lawai Valley Estates – Seller Financing Available<BR><BR>Unique opportunity to own a serene, multi-unit property in Lawai Valley Estates with 4 permitted rental units + office/storage space on one lot. Live in one and rent the rest—or lease all for maximum income. Fully furnished and income ready.<BR><BR>Units & Rents:<BR><BR>* Upstairs Main Home – 1BD/1BA | $2, 850/mo + 30% electric | Private yard, fireplace<BR><BR>* Downstairs Main Home – 4BD/2BA | $5, 700/mo + 40% electric (additional $900/mo if rented to extra person per contract) | Attached garage (half), lofts, lanai, courtyard| Attached garage (half), lofts, lanai, courtyard<BR><BR>* Studio Cottage – 1BD/¾BA | $2, 700/mo + 20% electric | Loft bedroom, outdoor shower, lanai<BR><BR>* Caretaker’s Cottage + Half Garage Office/Storage – 1BD/¾BA + half of garage office/storage space | $2, 850/mo + 10% electric | Screened lanai, valley views, private rear entrance to office/storage<BR><BR>Financials:<BR><BR>Total Monthly Income: $14, 100–$15, 000<BR>Seller Financing Terms:<BR>10% Down ($249, 000)<BR>4.75% Interest<BR>Up to 5-Year Term<BR>Approx. P&I Payment: $11, 971.81/month<BR><BR>Additional Info:<BR><BR>- Fully furnished<BR>- Private courtyards and lanais<BR>- Chimenea fireplaces in main units<BR>- By appointment only – do not disturb tenants<BR>- Property does not match county records – buyer to verify<BR>- Seller requests leaseback of Caretaker’s Cottage + garage space for up to 2 years at $2, 850/mo + 10% electric; open to assisting with property management for reduced lease rate<BR><BR>Excellent investment opportunity with flexible use and immediate rental income in a lush Kauai valley setting.
MLS® Number710567
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1995
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 28, 2025List Date
$2,490,000List Price
  • Commute

Commute

Starting Address
Destination Address
3198 Wawae Rd, KALAHEO, HI

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