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For sale
  • $635,000

    88-1543 Elima Ave, Captain Cook, HI 96704

    2beds
    1,536sqft
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    Single Family Residence
    Built in 2007
    0.35 Acres Lot
    $607,100 Zestimate®
    $413/sqft
    $275/mo HOA

    What's special

    Ocean viewsUtility roomWarm bamboo flooringOpen layoutBuilt-in cabinetsExpansive upstairs lanaiPrivate jacuzzi
    Owner financing available with $200k down, 7%, 3 years, with balloon payment. Discover the perfect blend of comfort, efficiency, and island charm in this fully permitted and fully furnished 2-bedroom, 2-bath home in the historic fishing village of Miloli‘i, Hawai‘i. Thoughtfully designed with modern conveniences and breathtaking ocean views, this property offers an ideal retreat for full-time living, vacationing, or investment.The home’s interior combines style with practicality, featuring stained concrete floors on the lower level and warm bamboo flooring upstairs. An open layout highlights the kitchen, complete with built-in cabinets, ample storage, and a passthrough window leading to the expansive upstairs lanai—perfect for entertaining while watching unforgettable sunsets over the Pacific. Both the upstairs and downstairs bedrooms are spacious with large closets, while the bathrooms feature modern touches including a bidet toilet. The remaining downstairs space includes a utility room and two "bedrooms" divided by a shoji screen wall. Accessibility is prioritized with a stair-lift chair for ease of movement between floors. Sustainability and low-maintenance living shine here, with a reliable photovoltaic system that keeps the average electric bill around \$30 per month. A huge solar water heater provides abundant hot water, and the 10,000-gallon catchment system with UV filtration ensures a dependable and clean water supply. After a day of exploring the Big Island, relax in your private jacuzzi while enjoying the cool ocean breeze and starlit skies.This property also includes the adjacent lot, TMK-3-8-8-6-97, featuring a 10' x 30' three-car garage/shed with plenty of room left over for a pool, additional storage, or even the construction of another home. With this added space, the possibilities for expansion and customization are endless. From its ocean views and energy-efficient systems to its thoughtful finishes and additional lot, this Miloli‘i gem!
    310 days
    |
    331
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Doug Powell 8083336230,

    Hawaii Estates LLC,

    Kendra Powell 808-345-2899,

    Hawaii Estates LLC

    Source: Hawaii Information Service,MLS#: 723633MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1,536
      • Total interior livable area: 1,536 sqft

      Property

      Parking
      • Parking features: Covered
      Features
      • Has view: Yes
      • View description: Coastline, Ocean
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 0.35 Acres
      Details
      • Parcel number: 3880060960000
      • Zoning: A-5A
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 2007

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: MILOLII BEACH LOTS SUBDIVISION
      HOA
      • Has HOA: Yes
      • HOA fee: $275 monthly
      Location
      • Region: Captain Cook

      Financial & listing details

      • Price per square foot: $413/sqft
      • Tax assessed value: $385,700
      • Annual tax amount: $1,128
      • Date on market: 8/29/2025
      • Listing terms: 1031 Exchange,Cash,Contract,Conventional,Other,VA Loan
      • Ownership: Full
      • Electric utility on property: Yes

        Estimated market value

        $607,100

        $577,000 - $637,000

        $3,033/mo

        Price history

        DateEventPrice
        8/29/2025Listed for sale$635,000+76.9%$413/sqft
        Source: Hawaii Information Service #723633 Report a problem
        1/17/2020Listing removed$359,000$234/sqft
        Source: eXp Realty #631336 Report a problem
        9/4/2019Price change$359,000-2.7%$234/sqft
        Source: eXp Realty #631336 Report a problem
        8/7/2019Listed for sale$369,000+36.7%$240/sqft
        Source: eXp Realty #631336 Report a problem
        4/3/2013Sold$270,000-1.5%$176/sqft
        Source: Hawaii Information Service #258351 Report a problem
        10/26/2012Listed for sale$274,000+470.8%$178/sqft
        Source: Coldwell Banker Maryl Realty #258351 Report a problem
        3/24/2005Sold$48,000+540%$31/sqft
        Source: Public Record Report a problem
        5/7/2003Sold$7,500$5/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $374,500 +3%
        2024$1,106 +1.4%$363,600 +3%
        2023$1,091 +1.8%$353,000 +3%
        2022$1,071 +4.8%$342,700 +3%
        2021$1,022 +4.9%$332,700 +3%
        2020$974 $323,000 +3%
        2019-- $313,600 +3%
        2018-- $304,500 +3%
        2017$920 $295,600 +3%
        2016-- $287,000 +3%
        2015-- $278,600 +0.6%
        2014-- $277,000 +62.4%
        2013-- $170,600 -1.6%
        2012-- $173,300 +0.8%
        2011-- $171,900

        Find assessor info on the county website

        Monthly payment

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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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        Climate risks

        Neighborhood: 96704

        Getting around

        0 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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