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For sale
  • Price cut: $150K (2/20)
    $2,550,000

    3198 Wawae Rd, Kalaheo, HI 96741

    7beds
    2,400sqft
    : 
    Multi Family
    Built in 2002
    -- sqft lot
    $-- Zestimate®
    $1,063/sqft
    $-- HOA

    What's special

    Calmness and serenity located in the Lawai Valley Estates with 4 income producing units on one lot. Live in one unit and rent the others, the possibilities are endless! Property Highlights: * Upstairs Main Home * 1 Bed / 1 Full Bath - $2,850 / month, tenant pays additional 30% of monthly electric bill - Private yard and parking - Chimenea fireplace in living room * Downstairs Main Home * 4 Bed / 2 Full Baths - $5,400 / month, tenants pay additional 40% of monthly electric bill - Attached garage with access to half - Staircase leading to two half lofts - Enclosed lanai with chimenea fireplace - Private courtyard * Private Cottage Studio * 1 Bed / 1 (3Qrt) Bath - $2,700 / month, tenant pays additional 20% of monthly electric bill - Located on the back left side of property - Open floorplan with ladder to bedroom loft - Private lanai with outdoor shower with private courtyard * Caretakers Cottage * 1 Bed / 1 (3Qrt) Bath - $1950/ month, tenant pays additional 10% of monthly electric bill - Located on the back right side of the property - Screened in covered lanai overlooking the valley * 2nd half of Garage - Office Space or Storage Space * - $900 / month - Private entrance on back side - Possible use as extra storage, office space, or gym. > SELLER FINANCING AVAILABLE < Incredible opportunity with attractive seller financing with down payment of 10%. Please inquire for more information! > Sold fully furnished. > By appointment only, please do not drive by or disturb tenants. > Seller would like new owner to consider up to a 2-year lease back for Caretakers Cottage and 2nd half of garage at $2,850 / month plus 10% of electricity. Seller could also help manage property and collect rents for reduced lease. > Property does not accurately match county records. Currently used as a non-conforming use rental property. Buyer to do their own due diligence.
    353 days
    on Zillow
    |
    285
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 20, 2025 at 08:26am

    Listed by:

    David Ower 8083461944,

    eXp Realty

    Source: Hawaii Information Service,MLS#: 710567MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 3
    • 3/4 bathrooms: 2
    Appliances
    • Included: Dishwasher, Electric Cooktop, Microwave Hood, Microwave, Refrigerator, Range/Oven, Range Hood, Dryer, Washer/Dryer Stacked, Washer
    Features
    • Flooring: Ceramic Tile, Hardwood, Slate
    • Windows: Curtains
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Parking features: Assigned
    • Details: Garage Square Footage (832)
    Features
    • Fencing: Stucco/masonry,Wood
    • Has view: Yes
    • View description: Forest, Garden, Pasture, Ocean Horizon, Mountain(s)
    • Has water view: Yes
    • Water view: Ocean Horizon
    Lot
    • Size: 0.35 Acres
    • Topography: Terraced
    Details
    • Parcel number: 4240010770001
    • Zoning: A
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 2002
    Details
    • Builder model: C T Condominium

    Utilities & green energy

    • Sewer: Septic Tank, Cesspool
    • Water: Meter Installed
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Subdivision: Kalaheo Homesteads
    Location
    • Region: Kalaheo

    Financial & listing details

    • Price per square foot: $1,063/sqft
    • Tax assessed value: $786,300
    • Annual tax amount: $3,186
    • Price range: $2.7M - $2.6M
    • Date on market: 5/2/2024
    • Listing terms: 1031 Exchange,Cash,Agreement of Sale
    • Ownership: CPR,
    • Electric utility on property: Yes
    • Road surface type: Paved
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