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For sale
  • $649,999

    88-1968 Milolii Rd, Captain Cook, HI 96704

    3beds
    1,444sqft
    : 
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    Single Family Residence
    Built in 2009
    0.28 Acres Lot
    $640,400 Zestimate®
    $450/sqft
    $-- HOA

    What's special

    Private island oasisBlack sand beachLush tropical landscapingFine leather sectionalTwo-car carportTerraced rock wallsUltraviolet water filtration system
    PMM OWNER FINANCING AVAILABLE WITH AMAZING TERMS! 1/2 % below prime interest-only, 3-year balloon, 25% down. If you were to get a bank loan your mo/payment would be $2,922.81 (P&I on conventional 30 year @6%). In our scenario, you would only pay $2234.37/mo (Interest only payments for 3 years @ 5.5%) with owner finance. The $688.44 difference should cover Lava Zone 2 insurance costs for the 3 years ($574), giving you that time to better the 5.5 % interest rate a bank and obtain cheaper insurance if it becomes available. See the attached insurance quote. Discover the freedom of your Hawaiian paradise in this beautifully designed, fully furnished, off-grid home overlooking the stunning blue waters of Milolii, Hawaii’s only remaining ancient fishing village. Thoughtfully crafted for comfort, independence, and accessibility, this 3-bedroom, 2-bath retreat combines modern luxury and high end accommodations with sustainable island living. Step inside to find a fantastic open layout with tile flooring throughout and electric blinds in the living room that reveal breathtaking ocean and sunset views. The spacious kitchen features ample storage and an additional freezer, perfect for entertaining or extended stays. Enjoy effortless accessibility with A 750 pound lift elevator that is wheelchair accessible, connecting the carport to the main lanai area. Relax inside on the fine leather sectional or dine outdoors on the lanai with your Weber barbecue grill, surrounded by terraced rock walls and lush, tropical landscaping that create a private island oasis. This home is fully self-sufficient with an OWNED photovoltaic system, four backup batteries ( HELCO bill roughly $30/mo), two tankless hot water heaters; one electric for the kitchen and a propane one for the house, an ultraviolet water filtration system and high speed, fiber optic internet to keep you connected! Refresh in the outdoor shower, then unwind while watching the sunset paint the horizon.
    242 days
    |
    615
    |
    33
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Doug Powell 8083336230,

    Hawaii Estates LLC

    Source: Hawaii Information Service,MLS#: 724614MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave Hood, Other, Range, Refrigerator, Washer
      Features
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 1,444
      • Total interior livable area: 1,444 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Covered
      • Carport spaces: 2
      Features
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 0.28 Acres
      • Topography: Terraced
      Details
      • Parcel number: 3880110090000
      • Zoning: A-5A
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 2009

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: MILOLII BEACH LOTS SUBDIVISION
      Location
      • Region: Captain Cook

      Financial & listing details

      • Price per square foot: $450/sqft
      • Tax assessed value: $331,500
      • Annual tax amount: $877
      • Date on market: 10/20/2025
      • Listing terms: 1031 Exchange,Cash,Conventional,Purchase Money Mortgage
      • Ownership: Full
      • Electric utility on property: Yes
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        Estimated market value

        $640,400

        $608,000 - $672,000

        $3,035/mo

        Price history

        DateEventPrice
        4/24/2026Listed for sale$649,999$450/sqft
        Source: Hawaii Information Service #724614 Report a problem
        3/24/2026Contingent$649,999$450/sqft
        Source: Hawaii Information Service #724614 Report a problem
        2/16/2026Price change$649,999-7%$450/sqft
        Source: Hawaii Information Service #724614 Report a problem
        12/18/2025Price change$699,000-4.9%$484/sqft
        Source: Hawaii Information Service #724614 Report a problem
        10/20/2025Listed for sale$735,000+93.4%$509/sqft
        Source: Hawaii Information Service #724614 Report a problem
        10/20/2017Sold$380,000+538.7%$263/sqft
        Source: Hawaii Information Service #608117 Report a problem
        1/2/2007Sold$59,500$41/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $321,800 +3%
        2024$832 +2.1%$312,400 +3%
        2023$815 -2.2%$303,300 +3%
        2022$834 +5.4%$294,500 +3%
        2021$792 +5.4%$285,900 +3%
        2020$751 $277,600 +3%
        2019-- $269,500
        2018-- $269,500 +2.7%
        2017-- $262,400 +3.8%
        2016-- $252,800 +19.4%
        2015-- $211,700 +1.2%
        2014-- $209,100

        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

          3 / 100
          Car-Dependent

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