5118 Lawai Rd, Koloa, 96756

REDUCED 3% Residential For Sale in Wm K Waialeale S/D

$1,449,000

4Beds
4Baths
3,076Sqft
.38Acres
1976Built
354DOM
MLS® #: 630735
Active, 354 Days on Market

LEGAL MULTIFAMILY HOME with three units across from the beach in Poipu. Priced below the current assessed value of $1,776,500. This offering includes 2 lots totaling 16,424 sq. ft. One of the lots is vacant and on the other sits a 3,000+ sq. ft. multifamily home with 4 bedrooms and 4 bathrooms. In the home, there are two 1 bedroom, 1 bath apartments with fully equipped kitchens. Each apartment has it's own entrance from the exterior and is approximately 550 square feet. The floor plan provides many options for potential rental income or additional room for extended family/friends. The property is gated, fully fenced and includes many fruit trees including Mango, Avocado, Star Fruit, Guava, Tangerine, Lime and Fig. A new roof was installed in 2012 along with other renovations in 2010 and the home was painted in 2015. Other improvements are a sprinkler system for the landscaping and a hot tub for 6. Conveniently located and close to Baby Beach, Kukui’ula Shopping Center and the local Farmer's Market. This listing includes TMK 4-2-6-6-30 which is the vacant lot of approximately 8,290 square feet. The lot is zoned for a single family home and potentially an Additional Dwelling Unit. Buyer to confirm entitlements with the County.

Price & Status History

Date Details
Price Reduced from $1,499,000 to $1,449,000
Status Changed from Contingent to Active
Price Increased from $1,399,000 to $1,499,000
Status Changed from Active to Contingent

Essential Information

MLS® #: 630735
Price: $1,449,000
Bedrooms: 4
Bathrooms: 4.00
Full Baths: 4
Square Footage: 3,076
Acres: 0.38
Year Built: 1976
Type: Residential
Status: Active
Property Taxes: 4,904

Community Information

Address: 5118 Lawai Rd
Subdivision: Wm K Waialeale S/D
City: Koloa
State: Hawaii
Zip Code: 96756

Amenities

Parking: Other (remarks)

Interior

Appliances: Refrigerator, Range/Oven

Exterior

Exterior: Wood
Roof: Composition
Foundation: Hollow Tile

Additional Information

Listing Office: Hawaii Life
Date Listed: July 17th, 2019
Days on Market: 354
Zoning: R-4

Financials

$/SqFt: $471

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Listing information last updated on July 5th, 2020 at 11:22am CDT.