Island of Hawaii > South Kona > 88-115 KAI AVE, Captain Cook 96704

88-115 KAI AVE, CAPTAIN COOK 96704

South Kona | MILOLII BEACH LOTS SUBDIVISION
$795,000 FS MLS# 731764 | ACTIVE
  • HomeType
  • 2Bed
  • 2 FullBaths
  • 1,008SQ FT
  • 0.18ACRES
  • 2008Built
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    88-115 KAI AVE, Captain Cook 96704

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PROPERTY DESCRIPTION

Escape to ‘Hale Romantik’, a profitable, fully permitted oceanfront retreat located just 40 feet from the Pacific Ocean along the South Kona Coast. This turnkey furnished, two-bedroom home holds both STVR and NUC permits, making it a rare investment opportunity with Vacation Rental bookings into April, 2027. The residence maximizes its spectacular setting, allowing you to fully immerse yourself in the beauty, sounds, and constant excitement of the blue Pacific.

Open-beam vaulted ceilings elevate the home’s sense of space and natural air circulation. Tile flows throughout the bright, open-concept layout, where the kitchen and living areas blend seamlessly. The kitchen is beautifully appointed with premium granite countertops, a single-basin sink, and dark wood cabinets.
Indoor and outdoor living merge through two sliding glass doors that open to an expansive, tile-floored lanai. This inviting outdoor space features glass panel railings and vaulted ceilings, creating the ultimate backdrop for sunset entertaining or quiet coastal viewing. The home boasts two en-suite bedrooms. Each with an ocean view and a bathroom complete with a double granite vanity and a custom glass block shower.

The home has 12 fully owned solar panels, keeping the approx. average monthly electricity bill at a low $30. Beneath the home are two self-leveling water catchment tanks, an online water level gauge, and an ultraviolet water filtration system. For added convenience, a separate utility and laundry room houses a full-size washer and dryer, a hot water heater, a utility sink, and storage. Complete with dual entryways via a staircase and an accessible ramp leading directly to the lanai, this breathtaking property is the perfect fusion of thoughtful design, sustainability, and unparalleled oceanfront living.

Listing Agent is Seller and both Sellers have active Hawaii Real Estate Licenses.

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Listed By: LUVA LLC

Price $795,000 FS
Bedrooms 2
Bathrooms 2 Full
Property Type Residential
Interior Area 1,008 SQ FT
Land Tenure Fee Simple
MLS (Active) 731764
LAND AREA 0.18 ac
Annual Tax $5,579
Year Built 2008
Tax Key 3-8-8-5-107
Days On Market 1
View Ocean, Ocean Horizon, Sunset, Sunrise, Mountain(s)
Zone A-5A
Price sq/ft $788.69
Assessed Value $502,600
Previous Price $795,000

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PROPERTY LOCATION

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MLS listing information is deemed reliable but is not guaranteed by the service.

Updated: 07/09/2026

LET'S TALK

We are well known along the Kohala Coast for informed and experienced guidance—not only to buyers and sellers but to the development and investor communities as well.

CONTACT US

LET US SHOW YOU THE BIG ISLAND

INQUIRY

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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