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88-1516 Eha Ave, Captain Cook, HI, 96704

0beds
1baths
576sqft
$285,000
$495price/sqft
$1,983/moest. monthly cost
$79,320/yrincome needed

About This Home

Step into a piece of Hawaiian history. Nestled in the Milolii Beach Lots Subdivision, this charming furnished cottage sits in one of the Big Island's most beloved and storied communities — the historic Milolii Fishing Village, so iconic it served as backdrop scenery for Elvis Presley's 1962 classic movie, Girls! Girls! Girls! Wake up to breathtaking ocean views and the gentle sounds of the Pacific. Inside, the cottage has been thoughtfully upgraded with a refreshed bathroom and a warm butcher block kitchen countertops — the perfect place to prep your fresh catch of the day. Everything you need comes furnished and ready, so you can start living the Hawaii dream from day one. Outside your door, world-class snorkeling, swimming, and fishing await. Milolii's protected bay is a local treasure, offering calm, clear waters and an authentic slice of old Hawaii that has remained largely untouched by modern development. Whether you're seeking a full-time residence, a vacation retreat, or a rare investment in one of the Big Island's most unique and charming communities, this cottage is your gateway to the genuine spirit of aloha. A little piece of paradise — and a little piece of history. Enjoy the cool tropical breeze inside and out. Enjoy your morning coffee with beautiful ocean views or a tropical drink and an evening sunset from your Lanai. The home has a wrap around Lanai to access the back area. Storage area and small work area under the home. All furnishings convey with the property except the TV stand.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

2/10
Hookena Elementary SchoolGrades PK-512.7 mi
5/10
Konawaena Middle SchoolGrades 6-821.2 mi
4/10
Konawaena High SchoolGrades 9-1221.2 mi

Construction

Condition

  • Year built: 1988

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Resin Tile

Interior Area

  • Total structure area: 576
  • Total interior livable area: 576 sqft

Property

Details

  • Parcel number: 3880070500000
  • Zoning: A-5A
  • Special condition: Fee Simple,Standard

Features

  • Has view: Yes
  • View description: Mountain(s),Ocean,Sunset
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 7,688 sqft

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 $1,441$17,292
Home Insurance *$149$1,788
Property Taxes $19$228
Electricity $374$4,497
Total$1,983$23,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,988/yr
40% on housing$59,490/yr
45% on housing$52,880/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

$495This listing

vs Other Active Listings

Avg $/sqft

ZIP 96704$352
Hawaii County$497

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
2026-06-14Price change$285,000
2026-05-19Listed for sale$300,000
2019-04-23Sold$164,000
2019-02-28Pending sale$184,500
2018-12-05Listed for sale$184,500
2011-01-27Sold$95,000
2002-05-07Sold$46,000

For Sale by Agent

AgentGaylene P Tucker
BrokerageMary Love Realty

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