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88-115 Kai Ave, Captain Cook, HI, 96704

2beds
2baths
1,008sqft
$795,000
$789price/sqft
$5,591/moest. monthly cost
$223,640/yrincome needed

About This Home

Escape to 'Hale Romantik', a fully permitted oceanfront retreat located approx. 40 feet from the Pacific Ocean along the South Kona Coast. This turnkey furnished, two-bedroom, two-bath home maximizes its spectacular setting, allowing you to fully immerse yourself in the beauty, sounds, and constant excitement of the blue Pacific. Do not disturb vacation guests. Open-beam vaulted ceilings elevate the home's sense of space and natural air circulation. Tile flows throughout the bright, open-concept layout, where the kitchen and living areas blend seamlessly. The kitchen is beautifully appointed with premium granite countertops, a single-basin sink, and dark wood cabinets. Indoor and outdoor living merge through two sliding glass doors that open to an expansive, tile-floored lanai. This inviting outdoor space features glass panel railings and vaulted ceilings, creating the ultimate backdrop for sunset entertaining or quiet coastal viewing. The home boasts two en-suite bedrooms. Each with an ocean view and a bathroom complete with a double granite vanity and a custom glass block shower. The home has 12 fully owned solar panels, keeping the approx. average monthly electricity bill at a low $30. Beneath the home are two self-leveling water catchment tanks, an online water level gauge, and an ultraviolet water filtration system. For added convenience, a separate utility and laundry room houses a full-size washer and dryer, a hot water heater, a utility sink, and storage. Complete with dual entryways via a staircase and an accessible ramp leading directly to the lanai, this breathtaking property is the perfect fusion of thoughtful design, sustainability, and unparalleled oceanfront living. Listing Agent is Seller and both Sellers have active Hawaii Real Estate Licenses.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

2/10
Hookena Elementary SchoolGrades PK-512.8 mi
5/10
Konawaena Middle SchoolGrades 6-821.2 mi
4/10
Konawaena High SchoolGrades 9-1221.2 mi

Construction

Condition

  • Year built: 2008

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • See Remarks,Vaulted Ceiling(s)
  • Window features: Blinds
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,008
  • Total interior livable area: 1,008 sqft

Property

Details

  • Parcel number: 3880051070000
  • Zoning: A-5A
  • Special condition: Fee Simple,Standard

Features

  • Exterior features: See Remarks
  • Has view: Yes
  • View description: Mountain(s),Ocean,Ocean Horizon,Sunrise,Sunset
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes

Lot

  • Lot size: 7,860 sqft
  • Features: See Remarks

Parking

  • Parking features: Other

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
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Volcanic Activity
    Volcanic ActivityVery High
  • Earthquake
    EarthquakeRelatively High
  • Wildfire
    WildfireRelatively High
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Volcanic Activity
Earthquake
Wildfire
Landslide

FEMA Declared Disasters Across Hawaii Counties

Fire

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

MonthlyAnnual
Mortgage $4,019$48,228
Home Insurance *$416$4,992
Property Taxes $782$9,384
Electricity $374$4,497
Total$5,591$67,092
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$191,691/yr
40% on housing$167,730/yr
45% on housing$149,093/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

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.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$789This listing

vs Other Active Listings

Avg $/sqft

ZIP 96704$345
Hawaii County$496

vs Homes Sold Last Month

Median $/sqft

ZIP 96704$384
Hawaii County$424

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

DateEventPrice
2026-08-11Price change$775,000
2026-07-09Listed for sale$795,000
2007-09-14Sold$1,000
2003-06-13Sold$88,000
2000-03-17Sold$30,000

For Sale by Agent

AgentKirsten Carlson
BrokerageLUVA LLC

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