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For sale
  • $1,499,000

    87-2500 Luana Pl, Captain Cook, HI 96704

    3beds
    3,034sqft
    : 
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    Farm
    Built in 2004
    5 Acres Lot
    $1,368,800 Zestimate®
    $494/sqft
    $25/mo HOA

    What's special

    Ocean viewsGated entryCozy fireplaceOpen-beam ceilingsRich maple wood floorsGourmet kitchenCustom cabinetry
    Discover your own slice of paradise on this lush 5-acre estate in South Kona, surrounded by mature fruit trees, Kona coffee, graceful palms, and exotic tropical foliage. This beautiful property features 3 structures on the 5 acres with ocean views.The primary residence is a three-bedroom, two-bath main home currently operated as a successful hosted vacation rental. The spacious living room welcomes you with open-beam ceilings, rich maple wood floors, and a cozy fireplace — perfect for cool mauka evenings. The gourmet kitchen offers granite countertops and custom cabinetry, flowing seamlessly onto a large, covered lanai ideal for outdoor dining and soaking in the tranquil ocean and sunset views. The primary suite opens directly onto the lanai and features a luxurious, custom-tiled walk-in shower. Two additional guest bedrooms and a full guest bath complete the main residence. A second structure includes a one-bedroom suite with a walk-in shower and a large open loft upstairs with its own private lanai — perfect for guests, family, or extended stays.3 structures on 5 acres with ocean views, fruit trees, Kona Coffee, palms, tropical foliage. The third structure offers a carport with a separate upstairs studio rental, providing additional income potential or flexible living arrangements. With its lush landscaping, diverse plantings, and panoramic ocean vistas, this South Kona property is a rare find — a perfect blend of island living, privacy, and income opportunity. This is a great property for extended family to live in their own private home but have the desired privacy with the surrounding Ohio forest and gated entry. There are actually a total of six bedrooms between all 3 structures. There is also a non permitted 1 bedroom cottage in the forest for a get away to play music or meditate.
    239 days
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    238
    |
    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy N Griffey 8089373370,

    eXp Realty

    Source: Hawaii Information Service,MLS#: 725588MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Dishwasher, Disposal, Range, Refrigerator
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 3,034
      • Total interior livable area: 3,034 sqft

      Property

      Parking
      • Parking features: Detached
      Features
      • Has view: Yes
      • View description: Forest, Ocean, Ocean Horizon
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 5 Acres
      • Features: Farm, Grassy, Interior Lot, Wooded
      Details
      • Parcel number: 3870140550000
      • Zoning: A-5A
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Condition
      • Year built: 2004

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Catchment
      • Utilities for property: Electricity Available, Phone Available, Underground Utilities

      Community & HOA

      Community
      • Subdivision: OPIHIHALE 2ND & KAAPUNA
      HOA
      • Has HOA: Yes
      • HOA fee: $25 monthly
      Location
      • Region: Captain Cook

      Financial & listing details

      • Price per square foot: $494/sqft
      • Tax assessed value: $1,149,800
      • Annual tax amount: $8,974
      • Date on market: 11/10/2025
      • Listing terms: 1031 Exchange,Cash,Conventional,USDA Loan,VA Loan
      • Ownership: Full
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $1,368,800

        $1.30M - $1.44M

        $3,578/mo

        Price history

        DateEventPrice
        5/5/2026Listed for sale$1,499,000$494/sqft
        Source: Hawaii Information Service #725588 Report a problem
        4/26/2026Listing removed$1,499,000$494/sqft
        Source: eXp Realty #725588 Report a problem
        11/10/2025Listed for sale$1,499,000+131%$494/sqft
        Source: Hawaii Information Service #725588 Report a problem
        2/13/2014Listing removed$649,000$214/sqft
        Source: Coldwell Banker Maryl-Kona #264976 Report a problem
        10/25/2013Listed for sale$649,000+159.6%$214/sqft
        Source: Coldwell Banker Maryl-Kona #264976 Report a problem
        5/9/2008Listing removed$250,000$82/sqft
        Source: Coldwell Banker** Report a problem
        4/4/2008Listed for sale$250,000+100.2%$82/sqft
        Source: Coldwell Banker** Report a problem
        3/21/2003Sold$124,900+52.3%$41/sqft
        Source: Public Record Report a problem
        1/11/2000Sold$82,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,149,800 +5.7%
        2024$8,392 +181.8%$1,087,500 +62.5%
        2023$2,978 +21%$669,200 +19.5%
        2022$2,461 +4.2%$560,200 +3%
        2021$2,361 +4.3%$543,900 +3%
        2020$2,264 $528,100 +3%
        2019-- $512,700 +3%
        2018-- $497,800 +3%
        2017-- $483,300 +3%
        2016-- $469,200 +3%
        2015-- $455,500 +3%
        2014-- $442,200 +3%
        2013-- $429,300

        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Neighborhood: 96704

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