This distinctive Ocean View property offers an uncommon opportunity to acquire two acres, consisting of the 1 acre homesite with the permitted main residence plus the adjacent one acre parcel (3-9-2-100-34), all included in the sale.
The 3 Bedroom, 2 bath home has recently received a meaningful refresh, including new paint inside and out, new flooring, and other improvements, giving it a fresh, move in ready feel while leaving plenty of opportunity for the new owner to personalize it further. A charming wood burning stove adds warmth to the living area, while the lanai offers a comfortable outdoor space to relax and enjoy the setting.
Outside, established lansdcaped gardens and garden paths surround the home creating a unique setting with plenty of character and a wonderful foundation for further landscaping rejuvination. An existing cabin on the main property adds another layer of potential. The cabin needs improvement, but for the right buyer it could become a valuable guest space, extended family accommodation, studio, workspace, or other useful area. The real standout is the land. With approximately 2 acres together, there's substantially more flexibility and breathing room than a typical one acre property. Use the additional parcel for privacy, gardening, recreation, future plans, or simply enjoy having extra space around you.
A refreshed home, established gardens, an existing cabin, and two acres create an opportunity worth seeing in person. Come explore the possibilities and envision what you could create here.
For sale
$299,500
92-8485 Catamaran Ln, Captain Cook, HI 96704
3beds
1,056sqft
Single Family Residence
Built in 1979
1 Acres Lot
$273,700 Zestimate®
$284/sqft
$-- HOA
What's special
Charming wood burning stoveExtra space around youNew flooringTwo acres
- 5 days
- 266
- 24
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Meghan E Shively 8089894466,
South Island Realty
Source: Hawaii Information Service,MLS#: 732266
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
Property
Parking
- Parking features: Covered
Features
- Fencing: Wire
- Has view: Yes
- View description: Ocean Horizon
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 1 Acres
- Features: Grassy, Interior Lot, Wooded
- Topography: Fairly Level
Details
- Parcel number: 3921000320000
- Zoning: A-1A
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Cesspool
- Water: Catchment
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & HOA
Community
- Subdivision: HOVE
Location
- Region: Captain Cook
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $156,600
- Annual tax amount: $200
- Date on market: 10/11/2026
- Listing terms: Cash,Conventional
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$273,700
$230,000 - $312,000
$1,968/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Listed for sale | $299,500$284/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $500 +150% | $152,000 +3% |
| 2024 | $200 | $147,600 +3% |
| 2023 | $200 | $143,300 +3% |
| 2022 | $200 | $139,100 +3% |
| 2021 | $200 | $135,000 +3% |
| 2020 | $200 | $131,100 +3% |
| 2019 | $200 | $127,300 +3% |
| 2018 | $200 +100% | $123,600 +3% |
| 2017 | $100 | $120,000 +3% |
| 2016 | -- | $116,500 +3% |
| 2015 | -- | $113,100 +1.4% |
| 2014 | -- | $111,500 |
Find assessor info on the county website
Monthly payment
Est. payment





