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82 5900 Old Government Main Rd, Captain Cook, HI, 96704

1beds
1baths
480sqft
$1,200,000
$2,500price/sqft
$7,419/moest. monthly cost
$296,760/yrincome needed

About This Home

Charming Custom-Built 1 bedroom Cottage with Stunning Kealakekua Bay Views. Escape to your own private Hawaiian paradise! This adorable one-bedroom, one-bath custom-built cottage sits on 5 beautiful acres overlooking world-famous Kealakekua Bay. Enjoy breathtaking ocean and sunset views each evening, and watch whales play in the distance during the winter months. Surrounded by lush tropical landscaping, this property offers both tranquility and potential — with plenty of room to plant orchards, gardens, or even expand with additional dwellings or add on to this one. The home is thoughtfully designed with island-style details, open living spaces, and large windows that bring the outdoors in. Perfect for a peaceful retreat, an artist’s hideaway, or a simple island lifestyle immersed in nature. Just minutes from beaches, snorkeling, and the charm of South Kona, yet worlds away from the rush of town. Relax. Breathe. Live the Hawaii dream — one sunset at a time. Submerge yourself in the beauty of Hawaii with this exquisite 5-acre property nestled in the charming area of Kealakekua Bay. This hidden gem offers breathtaking ocean views, lush landscaping, and a custom-built home that effortlessly blends comfort and style. Anew private driveway is being put in. **Features and Benefits** * Sweeping panoramic views of the Pacific Ocean from Milolii to North Kona * Private and secluded one-bedroom, one-bathroom home perfect for a romantic retreat or peaceful escape * Lush, established vegetation provides the ideal setting for relaxation and tranquility * Endless potential for expansion or the creation of your dream home * Convenient access to beaches, surf spots, snorkeling, local culture, and outdoor activities. * Shopping and all the conveniences are only 10 minutes up the hill to Capt. Cook.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

5/10
5/10
Konawaena Middle SchoolGrades 6-82.5 mi
4/10
Konawaena High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 2019

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 480
  • Total interior livable area: 480 sqft

Property

Details

  • Parcel number: 3820080870000
  • Zoning: A-5A
  • Special condition: Fee Simple,Standard

Features

  • Levels: One
  • Topography of land: Gentle Slope,Graded,Level,Rolling Terrain

Lot

  • Lot size: 5.00 Acres
  • Features: Farm,Grassy,Interior Lot,Rocky

Parking

  • Parking features: Unassigned

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 $6,067$72,804
Home Insurance *$628$7,536
Property Taxes $350$4,200
Electricity $374$4,497
Total$7,419$89,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$254,365/yr
40% on housing$222,570/yr
45% on housing$197,840/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

$2,500This listing

vs Other Active Listings

Avg $/sqft

ZIP 96704$338
Hawaii County$495

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
2026-06-09Price change$1,200,000
2025-10-24Price change$990,000
2025-07-16Price change$1,150,000
2025-07-11Price change$1,200,000
2025-06-17Listed for sale$1,249,000

For Sale by Agent

AgentCindy N Griffey
BrokerageeXp Realty

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