68-3593 Malina St, WAIKOLOA, HI 96738

Property 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.