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68-3593 MALINA ST, WAIKOLOA, HI 96738

5 bedroom, 4 bath of comfortable living and income potential.

Listing Provided by: Coldwell Banker Island Properties - Kamuela
MLS #: 729405
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Description

Discover a rare sanctuary where privacy, space, and income potential converge on a lush corner lot in Waikoloa Village. This meticulously maintained two-story, 5 bed, 4 bath home features a bright, open floor plan adorned with granite countertops and a seamless indoor-outdoor flow, perfect for the modern island lifestyle. Designed for flexibility, the upper level with an open beam great room and a split system A/C for year-round comfort features a 4 bed/3 bath suite that serves as a true retreat. French doors open to an expansive lanai that captures iconic Hawaiian ocean sunsets - perfect for relaxing, dining, and entertaining. The upper level area is currently a hosted vacation rental. The spacious 1 bed/1 bath guest suite on the lower level has its own separate entrance, including an enclosed 480 s.f. lanai and a fenced side yard - great for outdoor cooking and entertaining. The additional detached ensuite studio along with ample storage make this home an ideal choice for multi-generational living or a very desirable vacation rental. Outside, a tropical paradise awaits, featuring mature fruit trees, lava rock walls, and a private spa/hot tub and fire table under an inviting, trellised lanai, offering a tropical oasis for ultimate relaxation and gathering. Complete with an energy-efficient 21-panel photovoltaic system, hot water solar system, and an enclosed two-car garage, this home places you just minutes from world-class golf and only 15 minutes from the Big Island's most pristine beaches. This isn't just a home - it's a lifestyle investment in one of Hawaii's most sought after communities.

Property Details

Price: $1,395,000
Sold Price:
Address: 68-3593 MALINA ST, WAIKOLOA, HI 96738
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 5
Total Bathrooms: 4
Full Baths: 4
Living Area: 2,476 Square Feet

Listed by: Coldwell Banker Island Properties - Kamuela
Year Built: 1994
Levels:

Features and Amenities

Interior Features: Enclosed Lanai, Track Lighting, Vaulted Ceiling(s)
Exterior Features: Lighting
View: Ocean, Ocean Horizon, Sunset
Pool:
Pool Features: Pool/Spa Combo

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Fireplace Features:
Flooring: Carpet, Ceramic Tile
Security: Fire Sprinkler System, Smoke Detector(s)
Laundry:
Garage Spaces: 2
Carport Spaces:
Parking Features: Attached
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: WAIKOLOA VILLAGE
Association Fee: $94 Monthly
Stories:
Year Established:
Lava Zone: 8
Flood Zone: X

Land Information

Lot Size: 11,696 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Corner Lot, Landscaped
Frontage Type:
Roads: Paved
Roads Frontage Type: Road/Street
Zoning: RS-10
Horse Amenities:

Additional Details

Assessed Tax Value: $548,300
Annual Tax: $2,162
Tax Year: 2025
Tax Lot: 100
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities
Cooling: Zoned
Heating: Zoned
Sewer: Septic Tank
Water: Private
Solid Waste Disposal: None

First Listed May 1, 2026, 9:14 am
Last Updated May 6, 2026, 9:36 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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