88-147 KAI AVE, CAPTAIN COOK, HI 96704

Ocean Front Miloli'i Short Term Vacation Rental

Listing Provided by: KW Big Island
MLS #: 718338
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Description

Welcome to your Hawaiian paradise at 88-147 Kai Ave., an exquisite oceanfront retreat designed for both relaxation and investment potential. This charming home spans 828 square feet and features an additional outdoor shower and bathroom, all while offering breathtaking views of the Pacific Ocean. It comes with a coveted short-term vacation rental license—one of the few available on the island—making it a prime opportunity for savvy investors eager to capitalize on Hawaii's thriving tourism market.Experience oceanfront luxury living at its finest in this well-appointed, heavily booked vacation rental property, sold turn-key and fully furnished. The home is beautifully remodeled to provide resort-style qualities, ensuring a relaxing atmosphere for both personal use and rental guests. With panoramic ocean views from every room and an additional 1,178 square feet of outdoor living space, this property enhances the experience of coastal living. Step onto your private lanai, where unobstructed ocean views and unforgettable sunsets await, creating the perfect backdrop for al fresco dining.As you enter, the open and airy living area welcomes you, leading seamlessly to the spacious lanai. This area is ideal for outdoor entertaining, allowing you to embrace the Hawaiian lifestyle. Located in the desirable Papa Bay/Miloli’i Beach neighborhood, the property not only boasts direct beach access, but also features strong rental potential, making it an active rental with impressive bookings. The soothing sound of the waves will greet you throughout the living room, kitchen, and bedroom, enriching your daily life with the essence of oceanfront living.

Property Details

Price: $899,999
Sold Price:
Address: 88-147 KAI AVE, CAPTAIN COOK, HI 96704
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 1
Total Bathrooms: 2
Full Baths: 1
Living Area: 828 Square Feet

Listed by: KW Big Island
Year Built: 1997
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Features and Amenities

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Pool: Yes
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Community Information

Project Name:
Subdivision Name: MILOLII BEACH LOTS SUBDIVISION
Association Fee: $25 Monthly
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Land Information

Lot Size: 11,090 Square Feet
Waterfront: Yes
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Zoning: A-5A
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Additional Details

Assessed Tax Value: $549,400
Annual Tax: $6,098
Tax Year: 2024
Tax Lot: 20
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First Listed February 17, 2025, 8:46 am
Last Updated February 17, 2025, 8:46 am
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