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Sold for $500,000 on 11/06/25
  • $500,000

    88-1557 Umi Ave, Captain Cook, HI 96704

    2beds
    1,056sqft
    Single Family Residence
    Built in 2005
    10,000 Square Feet Lot
    $520,700 Zestimate®
    $473/sqft
    $2,918 Estimated rent

    Home value

    $520,700

    $495,000 - $547,000

    $2,918/mo

    Zestimate® history
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    What's special

    NOTE: SEE PRIVATE REMARKS, attached vacant lot removed from sale ORIGINAL PRICE INDLUDED VACANT LOT- DURING ESCROW BUYERS OPTED OUT OF ATTACHED LOT IN LIU OF LOWERING PRICE - NEW PRICE IS FOR HOME ONLY Welcome to your Hawaiian getaway in Milolii Beach Lots, an oceanside community just an hour south of Kailua-Kona. This well-maintained single-level 2-bedroom, 2-bath home was thoughtfully designed to capture expansive ocean views, gentle trade winds, and year-round sunsets from its generous lanai. Inside, you’ll find high cathedral ceilings, rich Ipe hardwood floors, and an open-concept layout that maximizes light and flow. The kitchen features granite countertops, stainless steel appliances, and a center island. The primary suite includes a massive walk-in tile shower, and the guest bedroom even has its own cozy loft. Home is sold fully furnished—what you see in the photos is what you get. Additional highlights include fully owned PV solar system, UV water filtration, propane stove and water heater, bonus storage area beneath the house, pre-wired sub-panel for an optional generator, and ocean, coastline, sunset, and mountain views. Located in Lava Zone 2 and Flood Zone X. Utilities include fully owned PV Smart Solar system, backup overhead power, catchment water, septic system, and high-speed fiber optic internet. Parking is covered, and the gently terraced 10,000 sq ft lot offers both usability and privacy. This home is a perfect blend of comfort, style, and adventure—close to fishing, kayaking, diving, and a secluded black sand beach just minutes away. Crossroads survey dated 06/10/16 is attached. Septic card is attached. Permit report showing all finalized permits also attached. Included in Sale TMK 3-8-8-10-62 (house parcel) PARCEL 3-8-8-10-44 (parcel adjoined to house lot) was removed from sale during escrow

    Zillow last checked: 8 hours ago

    Listing updated: November 06, 2025 at 01:41am

    Listed by:

    Lance D Owens lance@konahometeam.com,

    LUVA LLC,

    Kimi G Nagatoshi 808-936-2575,

    LUVA LLC

    Bought with:

    Will Schneider, RS-87834

    Livingston Realty

    Source: Hawaii Information Service,MLS#: 721962MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,056
    • Total interior livable area: 1,056 sqft

    Property

    Parking
    • Parking features: Attached, Covered
    Features
    • Has view: Yes
    • View description: Coastline, Ocean, Ocean Horizon, Sunset
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 10,000 sqft
    • Topography: Fairly Level,Gentle Slope,Graded
    Details
    • Parcel number: 3880100620000
    • Zoning: A-5A
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Catchment
    • Utilities for property: Cable Available, Electricity Available, Phone Available

    Community & neighborhood

    Location
    • Region: Captain Cook
    • Subdivision: MILOLII BEACH LOTS SUBDIVISION

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $23 monthly

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
    • Ownership: Full

    Price history

    DateEventPrice
    11/6/2025Sold$500,000-7.2%$473/sqft
    Source: Hawaii Information Service #721962
    9/16/2025Contingent$539,000$510/sqft
    Source: Hawaii Information Service #721962
    9/5/2025Price change$539,000-1.8%$510/sqft
    Source: Hawaii Information Service #721962
    7/4/2025Listed for sale$549,000+66.4%$520/sqft
    Source: Hawaii Information Service #721962
    10/15/2019Sold$330,000$313/sqft
    Source: Hawaii Information Service #630459

    Public tax history

    YearProperty taxesTax assessment
    2025-- $436,300 +2.2%
    2024$1,408 -67.3%$427,100 +10%
    2023$4,310 +3.5%$388,300 +3.5%

    Find assessor info on the county website

    Neighborhood: 96704

    Nearby schools

    GreatSchools rating
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    $520,700
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    $531,114