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Sold for $3,650,000
  • $3,650,000

    5338 Makalea St, Koloa, HI 96756

    4beds
    2,858sqft
    Single Family Residence
    Built in 2018
    0.31 Acres Lot
    $3,651,300 Zestimate®
    $1,277/sqft
    $-- Estimated rent

    Home value

    $3,651,300

    $3.29M - $4.05M

    Not available

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Mira 8086392263,

    Corcoran Pacific Properties,

    Nagel S Mira 808-631-8339,

    Corcoran Pacific Properties

    Bought with:

    Deanna Tully, RS-81746

    Hawaii Life

    Amber Walker, RS-85673

    Hawaii Life

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

    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: $1,277/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

    Price history

    DateEventPrice
    9/25/2026Sold$3,650,000-2.7%$1,277/sqft
    Source: Hawaii Information Service #731364 Report a problem
    8/27/2026Contingent$3,750,000$1,312/sqft
    Source: Hawaii Information Service #731364 Report a problem
    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

    Neighborhood: 96756

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $3,651,300
    2% more
    +$73,026
    With Zillow Showcase(estimated)
    $3,724,326
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $3,651,300
    2% more
    +$73,026
    With Zillow Showcase(estimated)
    $3,724,326