Discover a rare sanctuary where privacy, space, and income

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Home For Sale

68-3593 MALINA ST

Waikoloa, Hawaii 96738

Island of Big Island Ocean View: Yes

Community: WAIKOLOA VILLAGE

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$1,395,000 5 br, 4.0 bath 2476 sq. ft. 0.269 acres

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 gatheringplete 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.

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 2476
  • Year Built: 1994
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Zoned
  • Garage: 
Exterior:
  • Lot Size: 0.269 acre
  • Lot Dimensions: 
  • View Types: Ocean
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $2,162
  • MLS #: 729405
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Contact Information:
Beach Home For Sale in Waikoloa, Hawaii
Listing Agent: Regan K. Matsumura, Coldwell Banker Island Properties, 808-938-7558, 808-724-6854 Listing Site, Listing Status: Active
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7657667
Viewed 30 times.
Updated: Jun 02, 2026

This property is a Home located at 68-3593 MALINA ST, Waikoloa, Hawaii 96738, and is currently For Sale at $1,395,000. This Home has 5 bedrooms, 4.0 baths, 2476 sq ft.