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For sale
  • $635,000

    88-1543 Elima Ave, Captain Cook, HI 96704

    2beds
    1,536sqft
    : 
    Single Family Residence
    Built in 2007
    0.35 Acres Lot
    $601,200 Zestimate®
    $413/sqft
    $275/mo HOA

    What's special

    Ocean viewsUtility roomWarm bamboo flooringOpen layoutBuilt-in cabinetsExpansive upstairs lanaiPrivate jacuzzi
    Owner financing available with $200k down, 7%, 3 years, with balloon payment. Discover the perfect blend of comfort, efficiency, and island charm in this fully permitted and fully furnished 2-bedroom, 2-bath home in the historic fishing village of Miloli‘i, Hawai‘i. Thoughtfully designed with modern conveniences and breathtaking ocean views, this property offers an ideal retreat for full-time living, vacationing, or investment.The home’s interior combines style with practicality, featuring stained concrete floors on the lower level and warm bamboo flooring upstairs. An open layout highlights the kitchen, complete with built-in cabinets, ample storage, and a passthrough window leading to the expansive upstairs lanai—perfect for entertaining while watching unforgettable sunsets over the Pacific. Both the upstairs and downstairs bedrooms are spacious with large closets, while the bathrooms feature modern touches including a bidet toilet. The remaining downstairs space includes a utility room and two "bedrooms" divided by a shoji screen wall. Accessibility is prioritized with a stair-lift chair for ease of movement between floors. Sustainability and low-maintenance living shine here, with a reliable photovoltaic system that keeps the average electric bill around \$30 per month. A huge solar water heater provides abundant hot water, and the 10,000-gallon catchment system with UV filtration ensures a dependable and clean water supply. After a day of exploring the Big Island, relax in your private jacuzzi while enjoying the cool ocean breeze and starlit skies.This property also includes the adjacent lot, TMK-3-8-8-6-97, featuring a 10' x 30' three-car garage/shed with plenty of room left over for a pool, additional storage, or even the construction of another home. With this added space, the possibilities for expansion and customization are endless. From its ocean views and energy-efficient systems to its thoughtful finishes and additional lot, this Miloli‘i gem!
    114 days
    |
    682
    |
    32
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2025 at 02:55am

    Listed by:

    Doug Powell 8083336230,

    Hawaii Estates LLC,

    Kendra Powell 808-345-2899,

    Hawaii Estates LLC

    Source: Hawaii Information Service,MLS#: 723633MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,536
    • Total interior livable area: 1,536 sqft

    Property

    Parking
    • Parking features: Covered
    Features
    • Has view: Yes
    • View description: Coastline, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.35 Acres
    Details
    • Parcel number: 3880060960000
    • Zoning: A-5A
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Catchment
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Subdivision: MILOLII BEACH LOTS SUBDIVISION
    HOA
    • Has HOA: Yes
    • HOA fee: $275 monthly
    Location
    • Region: Captain Cook

    Financial & listing details

    • Price per square foot: $413/sqft
    • Tax assessed value: $374,500
    • Annual tax amount: $1,128
    • Date on market: 8/29/2025
    • Listing terms: 1031 Exchange,Cash,Contract,Conventional,Other,VA Loan
    • Ownership: Full
    • Electric utility on property: Yes
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $601,200

    $571,000 - $631,000

    $3,392/mo

    Price history

    Price history
    DateEventPrice
    8/29/2025Listed for sale$635,000+76.9%$413/sqft
    Source: Hawaii Information Service #723633 Report a problem
    1/17/2020Listing removed$359,000$234/sqft
    Source: eXp Realty #631336 Report a problem
    9/4/2019Price change$359,000-2.7%$234/sqft
    Source: eXp Realty #631336 Report a problem
    8/7/2019Listed for sale$369,000+36.7%$240/sqft
    Source: eXp Realty #631336 Report a problem
    4/3/2013Sold$270,000-1.5%$176/sqft
    Source: Hawaii Information Service #258351 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025-- $374,500 +3%
    2024$1,106 +1.4%$363,600 +3%
    2023$1,091 +1.8%$353,000 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,645/mo
    Principal & interest
    $3005
    HOA Fees
    $275
    Other costs
    $365

      Climate risks

      Neighborhood: 96704

      Nearby schools

      GreatSchools rating

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