88-115 KAI AVE, CAPTAIN COOK, HI 96704
88-115 Kai Ave STVR & NUC Ocean Front Home
Listing Provided by: LUVA LLC
MLS #: 731764
MLS #: 731764
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.
Property Details
Price: $795,000
Sold Price:
Address: 88-115 KAI AVE, CAPTAIN COOK, HI 96704
Ownership: Full
Status: Active
Category: Residential
Type:
Sold Price:
Address: 88-115 KAI AVE, CAPTAIN COOK, HI 96704
Ownership: Full
Status: Active
Category: Residential
Type:
Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 2
Living Area: 1,008 Square Feet
Listed by: LUVA LLC
Year Built: 2008
Levels:
Year Built: 2008
Levels:
Features and Amenities
Interior Features: See Remarks, Vaulted Ceiling(s)
Exterior Features: See Remarks
View: Mountain(s), Ocean, Ocean Horizon, Sunrise, Sunset
Pool:
Pool Features:
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Fireplace Features:
Flooring: Ceramic Tile
Security: See Remarks
Laundry:
Fireplace Features:
Flooring: Ceramic Tile
Security: See Remarks
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Other
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Other
Additional Structures:
Home Warranty:
Community Information
Project Name:
Subdivision Name: MILOLII BEACH LOTS SUBDIVISION
Association Fee: $23 Monthly
Subdivision Name: MILOLII BEACH LOTS SUBDIVISION
Association Fee: $23 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 2
Flood Zone: VE, X
Flood Zone: VE, X
Land Information
Lot Size: 7,860 Square Feet
Waterfront: Yes
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Waterfront: Yes
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: See Remarks
Frontage Type:
Roads: Private
Roads Frontage Type:
Frontage Type:
Roads: Private
Roads Frontage Type:
Zoning: A-5A
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $502,600
Annual Tax: $5,579
Tax Year: 2025
Tax Lot: 6
Tax Block:
Utilities: Electricity Available, Phone Available
Cooling: None
Heating: None
Sewer: Septic Tank
Water: Catchment
Solid Waste Disposal: Private Contractor
Cooling: None
Heating: None
Sewer: Septic Tank
Water: Catchment
Solid Waste Disposal: Private Contractor
First Listed July 9, 2026, 10:57 am
Last Updated July 9, 2026, 11:26 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:
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