3198 WAWAE RD KALAHEO, HI 96741

  • $3,000,000
Kalaheo, KOLOA
  • 7
  • Bedrooms
  • 5
  • Bathrooms
  • 1995
  • Year Built
  • 2400
  • sqft
  • 15159
  • Lot sqft
  • C T CONDOMINIUM
  • Project
  • KALAHEO HOMESTEADS
  • Subdivision
  • 710567
  • MLS#
For Sale
3198 WAWAE RD KALAHEO, HI 96741
Kalaheo, KOLOA
  • $3,000,000

Description

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.

  • Address 3198 WAWAE RD KALAHEO, HI 96741
  • City Kalaheo
  • Zip/Postal Code 96741
  • Area KOLOA

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Details

Updated on May 9, 2024 at 4:22 am
  • Price: $3,000,000
  • Interior Space: 2400 sqft
  • Land Area: 15159 sqft
  • Bedrooms: 7
  • Bathrooms: 5
  • Year Built: 1995
  • Property Type: Multi-Family
  • Property Status: For Sale
  • MLS#: 710567
  • Office Name: EXP REALTY
  • MLS Status: Active
  • Project: C T CONDOMINIUM
  • Subdivision: KALAHEO HOMESTEADS
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Contact Penn Henderson - Kona Realtor in Hawaii
Mahalo for dropping by!

Need help with your search?

I excel at locating ideal Big Island properties specific to your needs and unique lifestyle.

Let's Get Started

Feel free to reach out anytime!