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For sale
  • $3,750,000

    5338 Makalea St, Koloa, HI 96756

    4beds
    2,858sqft
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    Single Family Residence
    Built in 2018
    0.31 Acres Lot
    $3,582,300 Zestimate®
    $1,312/sqft
    $350/mo HOA

    What's special

    Whirlpool spaLarge swimming poolTasteful island-inspired finishesSpa-inspired bathVaulted ceilingsAbundant natural lightHardwood flooring
    Experience the best of Poʻipū living in this beautifully appointed 4-bedroom, 4.5-bath residence located within the desirable Poʻipū Beach Estates and overlooking the 18th fairway of the Kiahuna Golf Course. Currently operating as a highly active vacation rental, this spacious two-story home offers approximately 2,858 square feet of thoughtfully designed living space that seamlessly blends indoor comfort with outdoor island living. Vaulted ceilings, hardwood flooring, tasteful island-inspired finishes, and abundant natural light create an inviting atmosphere throughout. The open-concept living and dining areas flow effortlessly into a well-equipped chef’s kitchen featuring premium appliances, generous counter space, and ample seating for gathering with family and guests. Designed to accommodate larger groups, the home comfortably sleeps up to 10 guests with four spacious bedroom suites, including a primary suite with a private lanai and spa-inspired bath. Air conditioning in the bedrooms provides added comfort year-round. Step outside to your own tropical retreat featuring a large swimming pool, whirlpool spa, expansive lanai spaces, gas BBQ, and lush landscaping with golf course views. Whether relaxing poolside, entertaining guests, or enjoying Kauaʻi’s year-round sunshine, the outdoor living spaces are designed for the island lifestyle. Ideally situated just moments from Poʻipū’s world-famous beaches, dining, shopping, and recreational activities, this property offers the perfect combination of convenience, privacy, and resort-style living. A rare opportunity to own a successful vacation rental in one of Kauaʻi's most sought-after South Shore neighborhoods. Whether you're seeking an income-producing investment property, a private island retreat, or a full-time residence, this exceptional home offers the flexibility to fit your lifestyle and goals.
    6 days
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    336
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    15
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Mira 8086392263,

    Corcoran Pacific Properties,

    Nagel S Mira 808-631-8339,

    Corcoran Pacific Properties

    Source: Hawaii Information Service,MLS#: 731364MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Zoned
      Cooling
      • Air Conditioning, Zoned
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
      • Laundry: Front Load
      Features
      • High Ceilings, Vaulted Ceiling(s)
      • Flooring: Vinyl
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 2,858
      • Total interior livable area: 2,858 sqft

      Property

      Parking
      • Parking features: Attached, Covered
      Features
      • Pool features: Heated, In Ground, Outdoor Pool, Pool/Spa Combo
      • Has spa: Yes
      • Has view: Yes
      • View description: Golf Course
      • Frontage type: Golf Course
      Lot
      • Size: 0.31 Acres
      • Features: Cul-De-Sac, Grassy, Landscaped
      • Topography: Fairly Level,Gentle Slope
      Details
      • Parcel number: 4280311350000
      • Zoning: R-4
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 2018

      Utilities & green energy

      • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

      Community & HOA

      Community
      • Subdivision: POIPU BEACH ESTATES
      HOA
      • Has HOA: Yes
      • HOA fee: $350 monthly
      Location
      • Region: Koloa

      Financial & listing details

      • Price per square foot: $1,312/sqft
      • Tax assessed value: $1,929,700
      • Annual tax amount: $22,120
      • Date on market: 7/10/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
      • Ownership: Full
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $3,582,300

        $3.40M - $3.76M

        $7,955/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$3,750,000+803.6%$1,312/sqft
        Source: Hawaii Information Service #731364 Report a problem
        2/3/2017Sold$415,000+107.5%$145/sqft
        Source: Public Record Report a problem
        11/9/2012Sold$200,000$70/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,121 -3.5%$1,920,900 -3.5%
        2024$22,934 +2.2%$1,990,100 -12.7%
        2023$22,443 +15.8%$2,278,500 +15.8%
        2022$19,387 +22.6%$1,968,200 +22.6%
        2021$15,815 -2.1%$1,605,600 -2.1%
        2020$16,159 $1,640,500 +82.8%
        2019-- $897,400 +106.7%
        2018$2,627 $434,200
        2017$2,627 +100%$434,200
        2016$1,313 $434,200
        2015$1,313 $434,200 +17.6%
        2014-- $369,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 96756

        Getting around

        34 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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