$635,000
$649,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
88-221 KAI AVE Captain Cook, HI 96704
1 Bed
1 Bath
1,020 SqFt
Key Details
Sold Price $635,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,020 sqft
Price per Sqft $622
Subdivision Milolii Beach Lots Subdivision
MLS Listing ID 656407
Sold Date 04/05/22
Bedrooms 1
Full Baths 1
Year Built 1988
Annual Tax Amount $4,477
Lot Size 9,900 Sqft
Property Description
Absolute oceanfront Hawaiiana style retreat! Popular active vacation rental with transferable STVR (short term vacation rental) permit. Situated for privacy and stunning views of the big blue Pacific ocean. Enjoy the warm salty ocean breezes and soothing sounds from the expansive 1040 sq. ft. lanai. Colorful sunsets, dolphins, and visiting humpback whales all just steps from the popular silver bar entry for swimming, snorkeling, scuba diving, kayaking and nearby Papa Bay Cove.
Energy efficient custom redwood home originally 2 bedrooms, converted to 1 bedroom maximizing the large open floor plan, new roof, fresh exterior paint, on demand tankless water heater, new water tank and system situated under the oceanfront lanai. The interior features koa double entry front doors, vaulted tropical beamed ceilings with drop fans, tile and wood floors throughout, open kitchen with custom bar, gas stove, koa cabinetry throughout the home, living area with three seating areas with incredible views of the gorgeous blue Pacific Ocean.
This is a great opportunity to acquire an oceanfront home with approved STVR permit for vacation rental use if you wish. The Miloli'i Beach Lots shoreline community is located 35 miles (one hour) south of Kailua-Kona. Nearby is Papa Bay Cove, Honomalino Black Sand Beach and Miloli'i fishing village with a boat launch and beach park.
Property being sold As-Is. New Survey on File. Revenue details for the vacation rental business are available upon request. Sold furnished with noted Seller exception list.
Location
State HI
Area South Kona
Zoning A-5A
Interior
Flooring Ceramic Tile
Exterior
Parking Features Other (remarks)
Pool No
View Coastline, Ocean, Ocean Horizon, Sunset
Building
Sewer Septic
Water Catchment
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962