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Address
5118 LAWAI RD Koloa, HI
Price
$ 1,499,000
Property Attributes
  • MLS#630735
  • TypeSingle Family
  • CountyKAUAI
  • CityKoloa
  • AreaKoloa
  • NeighborhoodWm K Waialeale S-D
  • Zip96756
  • Style
  • Year Built1976
  • Taxes4904
  • Price$ 1,499,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3076
  • Lot Size0.38 Acres
Listing Provided Courtesy Of:
Hawaii Life
Property Description

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, Kukuiā€™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 History
7/18/2019 Listed $1,399,000

General Features

Distressed Property Standard Sale
Land Tenure Fee Simple
MLS Tax Key 4260060290000
Power Overhead
Status Active
Subdivision Wm K Waialeale S/D
Tax Key 426006029
Year Built Max 1976
Zoning R-4

Interior Features

Appliances Refrigerator, Range/Oven
Full Baths 4
Living Area 3076
Total Bedrooms 4

Exterior Features

Car Storage Other (remarks)
Fencing Chain Link
Land Area 16424
Oceanfront No
Pool Y/N No
Roads County
Sewer Cesspool
Topography Fairly Level
Water Meter Installed

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 96756

Price
AVG $3.33M
$1.5M
Taxes
AVG $17,586
$4,904
Visits
AVG 31
16
Year Built
AVG 1997
1976

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