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.
For sale
$1,499,000
87-2500 Luana Pl, Captain Cook, HI 96704
3beds
3,034sqft
Farm
Built in 2004
5 Acres Lot
$1,405,700 Zestimate®
$494/sqft
$25/mo HOA
What's special
Ocean viewsGated entryCozy fireplaceOpen-beam ceilingsRich maple wood floorsGourmet kitchenCustom cabinetry
- 345 days
- 193
- 7
Zillow last checked:
Listing updated:
Listed by:
Cindy N Griffey 8089373370,
eXp Realty
Source: Hawaii Information Service,MLS#: 725588
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
$1,405,700
$1.34M - $1.48M
$3,189/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $1,499,000$494/sqft |
Source: | ||
| 4/26/2026 | Listing removed | $1,499,000$494/sqft |
Source: eXp Realty #725588 Report a problem | ||
| 11/10/2025 | Listed for sale | $1,499,000+131%$494/sqft |
Source: | ||
| 2/13/2014 | Listing removed | $649,000$214/sqft |
Source: Coldwell Banker Maryl-Kona #264976 Report a problem | ||
| 10/25/2013 | Listed for sale | $649,000+159.6%$214/sqft |
Source: Coldwell Banker Maryl-Kona #264976 Report a problem | ||
| 5/9/2008 | Listing removed | $250,000$82/sqft |
Source: Coldwell Banker** Report a problem | ||
| 4/4/2008 | Listed for sale | $250,000+100.2%$82/sqft |
Source: Coldwell Banker** Report a problem | ||
| 3/21/2003 | Sold | $124,900+52.3%$41/sqft |
Source: Public Record Report a problem | ||
| 1/11/2000 | Sold | $82,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,974 +6.9% | $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
Monthly payment
Est. payment




