88-1547 Puhala Ave, Captain Cook, HI 96704

Puhala Hale is your opportunity to own a piece of paradise on the South Kona Coast where every glance unveils a breathtaking panorama of the ocean and coastline. Offering 3,056 sq ft of underroof space this home promotes a convenient blend of indoor and outdoor living with commanding “cruise ship” ocean views. Open-concept design integrates living, dining, and kitchen areas for a seamless flow. This 4 Bedroom, 2.5 Bath home sleeps 10 guests comfortably, offering 2384 sf of indoor space and 672 sf of covered lanai all with 9 ft ceilings. Puhala Hale is a lucrative fully operating 5-Star vacation rental with a transferable STVR permit, offered fully furnished and fully equipped. With proven short-term rental income, Puhala Hale delivers. Rental Income (2025) ytd- Sep 30 $110k (2024) $122k (2023) $160k (2022) $125k. Blue Pacific ocean views from nearly every room, stranded bamboo floors in great room, foyer and hallways. Fully equipped kitchen, travertine floors, spacious cabinetry, pantry, granite breakfast bar and counters. Primary suite includes en suite bath with double sinks, travertine floors, neutral tiled tub/shower, walk-in closet, ocean views and glass doors to covered lanai. Rec room features newly felted pool table, tiki bar, bamboo seating, entertainment center cabinetry with granite top and 5th bedroom option. Pool area features a soft side 17’ x 9’ plunge pool, large deck leading from the generous covered lanai space, travertine tile, recessed lighting and ceiling fans. Located in the upper Miloli’i subdivision just south of Kona’s renowned coffee country, Puhala Hale is perched at a comfortable 600-foot elevation, the 1-acre property boasts breathtaking panoramic ocean views, the nightlights of Miloli’i and Kona. Approx. 15 minute drive to two grocery stores, post office, hardware store, restaurants and gas stations. Neighborhood access to Honomalino Black Sand Beach Cove for snorkeling and the shallow tide pools of Miloli'i Bay, currently undergoing a $1.75M county park reconstruction. Island style shopping, restaurants, and coffee plantation cafes are a lovely coastal drive north. Honaunau/Two-step 15 mi, Volcanoes National Park 60 mi, Kona Hospital 26 mi, Kealakekua 22 mi, Kailua-Kona 30 mi, Kona Airport 39 mi. This resort style meticulously maintained property can become your dream sanctuary and is soup to nuts, move-in ready. The homes water system includes a 10,000 gal. metal roof catchment with a Quantum Chemical Free Disinfection and Filtration System. All appliances have been replaced in last 2-3 years, along with living area high speed ceiling fans, whole house fan, and primary suite luxury carpet. Website included, Housekeeper and Maintenance/Pool man willing to stay on with new owner! Some select Hawaiian wall art is not included, inventory list to be provided.