88-1543 ELIMA AVE, CAPTAIN COOK, HI 96704

Double size lot and additional sleeping areas with great ocean views.

Listing Provided by: Hawaii Estates LLC
MLS #: 723633
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Description

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, 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 offers a unique opportunity to live sustainably and luxuriously on Hawai‘i Island.

Property Details

Price: $635,000
Sold Price:
Address: 88-1543 ELIMA AVE, CAPTAIN COOK, HI 96704
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 2
Living Area: 1,536 Square Feet

Listed by: Hawaii Estates LLC
Year Built: 2007
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: HIS Coastline, Ocean
Pool:
Pool Features:

Appliances:
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Covered
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: MILOLII BEACH LOTS SUBDIVISION
Association Fee: $275 Monthly
Stories:
Year Established:
Lava Zone: 2
Flood Zone: X

Land Information

Lot Size: 7,650 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type:
Roads: Private
Roads Frontage Type:
Zoning: A-5A
Horse Amenities:

Additional Details

Assessed Tax Value: $374,500
Annual Tax: $1,128
Tax Year: 2025
Tax Lot: 22
Tax Block:

Utilities: Electricity Available
Cooling:
Heating:
Sewer: Septic Tank
Water: Catchment
Solid Waste Disposal: None

First Listed August 29, 2025, 9:30 am
Last Updated August 29, 2025, 9:30 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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