88-145 Kai Ave, Captain Cook, HI, 96704
About This Home
Oceanfront Cottage By the Sea in Milolii! This adorable, move-in-ready home features soaring cathedral ceilings, open-beam joinery, and floor-to-ceiling windows that perfectly capture stunning ocean views and year round sunsets. The open living area offers cozy inside living flows right out onto expansive wrap-around lanai. The main floor includes a bedroom and bathroom for easy accessibility, while the versatile loft serves as an ideal guest space or home office. Outside, you will find an inviting oceanfront oasis with easy-care landscaping and a large detached garage complete with a workbench and storage. The property has been thoughtfully maintained and updated just recently, including: Brand-new roof and gutters (2026)New 10,000-gallon catchment system (2025) Updated water filtration and new water heater (2024)Fresh interior and exterior paint Updated kitchen cabinetry and countertops New loft flooring and dormer windows A full oceanfront survey (2025) Located in Milolii in South Kona, a premier ocean playground on the West Coast of the Big Island, this home offers direct access to world-class snorkeling, diving, and fishing. Located approx 30 mins from Captain Cook and 1 hour south of Kailua Kona. Comes fully furnished, this move-in-ready sanctuary is ready for its next chapter of relaxed coastal living in the historic Milolii.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1997
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Range,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Cathedral Ceiling(s)
- Window features: Blinds
- Flooring: Ceramic Tile,Vinyl
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 926
- Total interior livable area: 926 sqft
Property
Details
- Parcel number: 3880050940000
- Zoning: A-5A
- Special condition: Fee Simple,Standard
Features
- Levels: Two
- Fencing: Stone
- Has view: Yes
- View description: Coastline,Mountain(s),Ocean,Ocean Horizon
- Has water view: Yes
- Water view: Ocean
- On waterfront: Yes
- Topography of land: Fairly Level,Graded
Lot
- Lot size: 0.28 Acres
- Features: Rocky
Parking
- Parking features: Detached
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Volcanic Activity
- Earthquake
- Wildfire
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters Across Hawaii Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,463 | $41,556 |
| Home Insurance * | $358 | $4,296 |
| Property Taxes | $673 | $8,076 |
| Electricity | $374 | $4,497 |
| Total | $4,868 | $58,416 |
Income You'd Need if You Spent...
Hawaii FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Price change | $685,000 |
| 2026-06-24 | Listed for sale | $750,000 |
| 2024-05-20 | Sold | $500,000 |
| 2024-03-31 | Price change | $550,000 |
| 2023-12-10 | Listed for sale | $650,000 |
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