This is a stellar opportunity to own land in the historic and culturally rich area of Miloli'i. The pristine waters, abundant ocean life, and dry climate make for the perfect conditions for living near the ocean. This property is located near Makahiki Point in an area known as "The Flats." A name that becomes quite obvious when you look at the other properties in the subdivision that are located on the steep hillside going up towards the highway. This flat area makes building much easier and puts you at a 5-8 minute walk to the ocean access area which are DAR regulated waters. The Miloli‘i Community-Based Subsistence Fishing Area (CBSFA) includes the waters and submerged lands from the shoreline to the 100-fathom depth contour on the southwest coast of Hawai‘i Island, from Pa‘akai Point at Kīpāhoehoe in the north to Kaunā Point in the south and contains numerous sub-zones. These areas are subject to varying rules and regulations on what and how marine life is harvested to preserve these resources for future generations. This results in beautifully clear water with abundant marine life for you to see while snorkeling or kayaking.
No staking by seller, to be sold As-Is. Property is subject to HELCO SSPP, buyer to confirm and is responsible for fees to connect. CC&R's and HOA information can be found at the Milolii Beach Club Association II's website.
Lot/land
$48,000
Elima Ave Lot 7, Captain Cook, HI 96704
--beds
0baths
7,500Square Feet
Unimproved Land
Built in ----
7,500 Square Feet Lot
$-- Zestimate®
$--/sqft
$23/mo HOA
What's special
Abundant ocean lifePristine watersBeautifully clear waterDry climate
- 288 days |
- 35 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Ed Torrison 8089873215,
Hilo Bay Realty LLC,
Edward Torrison 808-987-9501,
Hilo Bay Realty LLC
Source: Hawaii Information Service,MLS#: 724309
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 7,500 Square Feet
- Dimensions: 125 x 60
- Features: Cleared, Rocky
- Topography: Fairly Level
Details
- Parcel number: 3880090070000
- Zoning: A-5A
- Special conditions: Fee Simple,Standard
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Water Not Available
Community & HOA
Community
- Subdivision: MILOLII BEACH LOTS SUBDIVISION
HOA
- Has HOA: Yes
- HOA fee: $23 monthly
Location
- Region: Captain Cook
Financial & listing details
- Tax assessed value: $39,400
- Annual tax amount: $437
- Date on market: 9/22/2025
- Listing terms: Cash
- Ownership: Full
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Listed for sale | $48,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 96704
Nearby schools
GreatSchools rating
- 2/10Hookena Elementary SchoolGrades: PK-5Distance: 12.5 mi
- 1/10Ke Kula O EhunuikaimalinoGrades: PK-12Distance: 21 mi
- 4/10Konawaena High SchoolGrades: 9-12Distance: 21 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Hawaii
- Hawaii County
- Captain Cook
- 96704
- Elima Ave Lot 7





