82-6289 KAHAULOA ST, CAPTAIN COOK, HI 96704

Successful short-term vacation rental in Captain Cook/Manini Beach!

Listing Provided by: COMPASS
MLS #: 716223

Description

Over $100K in Net Rental Income in 2024! A rare opportunity to own a licensed short-term rental just 300 feet from Kealakekua Bay in the highly desired Captain Cook and Manini Beach community. Dolphin Bay House conveys with a transferable STVR license and proven income history, offering excellent potential as a premier vacation rental or a private coastal retreat.Surrounded by vibrant gardens with orchids, palms, and fruit trees, the property blends the charm of old Hawaiʻi with thoughtful modern updates. With direct access to crystal-clear waters ideal for snorkeling, kayaking, and watching Hawaiian spinner dolphins, turtles, and tropical marine life, this home is perfectly positioned for both adventure and relaxation. Nearby, the Captain James Cook Monument adds cultural significance and is a favorite hiking destination.The main residence features three spacious bedrooms and three baths, including a serene primary suite with soaking tub, dual granite vanities, and lush garden views. A ground-floor suite with a private entrance and sitting area offers excellent guest accommodations. The updated kitchen features granite counters, dual sinks, and modern appliances, making it ideal for preparing meals to enjoy on the lanai.A detached structure with its own kitchen and living space provides additional flexibility for guests, enhancing the property’s rental potential. Between the two structures, a breezeway offers laundry facilities, an outdoor shower, and storage for beach gear—perfect for effortless island living.Remodeled initially in 2007 and meticulously maintained, Dolphin Bay House is move-in ready. Whether you continue its success as a high-performing rental or enjoy it as a private sanctuary, this property represents a rare chance to own in one of Hawaiʻi’s most sought-after coastal neighborhoods.

Property Details

Price: $2,100,000
Sold Price:
Address: 82-6289 KAHAULOA ST, CAPTAIN COOK, HI 96704
Ownership: Full
Status: Active
Category: Residential
Type: Single Family Home, Single Level

Total Bedrooms: 4
Total Bathrooms: 4
Full Baths: 4
Living Area: 2,902 Square Feet

Listed by: COMPASS
Year Built: 1987
Levels: One, Two

Features and Amenities

Interior Features: Office
Exterior Features:
View: Mountain(s), Ocean
Pool:
Pool Features:

Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Freezer, HIS Microwave Hood, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
Fireplace Features:
Flooring: Hardwood, Other
Security:
Laundry:

Garage Spaces: 1
Carport Spaces:
Parking Features: Attached, Covered, Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: KAHAULOA HOUSE LOTS
Association Fee: $0 Monthly

Stories: 1
Year Established:

Lava Zone: 3
Flood Zone: AE, X

Land Information

Lot Size: 8,500 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple

Lot Features: Corner Lot
Frontage Type:
Roads: County
Roads Frontage Type: HIS Road/Street

Zoning: RS-15
Horse Amenities:

Additional Details

Assessed Tax Value: $1,194,000
Annual Tax: $13,253
Tax Year: 2024
Tax Lot: 13
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available
Cooling: HIS Air Conditioning, HIS Individual Cooling, Zoned
Heating: Zoned
Sewer: Cesspool
Water:
Solid Waste Disposal: None

First Listed December 9, 2024, 12:40 pm
Last Updated September 11, 2025, 4:12 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

© 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. IDX and Information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service.