Successful vacation rental for over 10 years, with coveted and transferrable STVR license, now available for sale! A place to get away from it all, whether for yourself or to share with others, see what relaxation in Milolii can do for you. Located in a quiet fishing village just steps away from ocean access, and a short hike to Honomalino beach, this property has been enjoyed by numerous guests and cherished by the owners family since 2007.
Rented as one unit, the multi-level house features a private suite on the top level, with separate access. This 476sf studio space contains a full bath, wet bar/kitchenette and queen size bed. In addition to the two balconies upstairs, there is a 532sf covered lanai, the perfect shady spot for taking in ocean breezes, breaching whales and sunsets. The lower level of the house includes another 2 bedrooms (both with king size beds), full kitchen, laundry, full bathroom and a half bath. There is an additional 908sf of covered and uncovered lanai space for guests to spread out and enjoy on three sides of the home.
A detached garage is used for storing gear and restocking rental supplies. On one side of the garage is a carport that houses the recently installed, 2nd catchment tank and on the other side is the newly re-built outdoor shower. Also included with the property is an owned, net metered, 12 panel solar system installed in 2013, to help keep energy costs low.
Owners recently updated this property which has substantially increased their occupancy and booking rates. All new fans, light fixtures, paint inside and out, replaced windows/doors, new window coverings, furniture & kitchenware. Averaging 75-80% occupancy, the owners have a 4 night min rental requirement and gross  over $50K annually. Home is posted on Airbnb and VRBO, booked with future revenue into 6/2023. New owner must honor future bookings at the rates determined. Sold turnkey, all furnishings to remain with property, except for kayaks.
Sold for $760,000 on 01/10/24
$760,000
88-1578 Eono Ave, Captain Cook, HI 96704
3beds
1,260sqft
Single Family Residence
Built in 1990
7,500 Square Feet Lot
$676,400 Zestimate®
$603/sqft
$3,863 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 31, 2024 at 03:25am
Listed by:
Wailana R Herbst 8087567056,
Corcoran Pacific Properties
Bought with:
Buyer Not Represented
Buyer Not Represented
Source: Hawaii Information Service,MLS#: 667019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
 - Bathrooms: 4
 - Full bathrooms: 2
 - 1/2 bathrooms: 1
 - 1/4 bathrooms: 1
 
Appliances
- Included: Dryer, Other, Range, Refrigerator, Washer
 
Features
- Enclosed Lanai, Vaulted Ceiling(s)
 - Flooring: Marble
 - Windows: Blinds, Drapes
 - Has fireplace: No
 
Interior area
- Total structure area: 1,260
 - Total interior livable area: 1,260 sqft
 
Property
Parking
- Parking features: Other
 
Features
- Levels: Two
 - Has view: Yes
 - View description: Bay, Coastline, Ocean, Ocean Horizon, Sunset
 - Has water view: Yes
 - Water view: Bay,Ocean
 
Lot
- Size: 7,500 sqft
 - Features: Rocky
 - Topography: Rolling Terrain
 
Details
- Parcel number: 3880090600000
 - Zoning: A-5A
 - Special conditions: Fee Simple,Standard
 
Construction
Type & style
- Home type: SingleFamily
 - Property subtype: Single Family Residence
 
Materials
- Single Wall/Dbl Board
 
Condition
- Year built: 1990
 
Utilities & green energy
- Sewer: Cesspool
 - Water: Catchment
 - Utilities for property: Electricity Available, Phone Available
 
Community & neighborhood
Security
- Security features: None, Smoke Detector(s)
 
Location
- Region: Captain Cook
 - Subdivision: MILOLII BEACH LOTS SUBDIVISION
 
Other
Other facts
- Listing terms: 1031 Exchange,ARM,Cash,Conventional,VA Loan
 - Ownership: Full
 - Road surface type: Graded, Paved
 
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$676,400
2% more+$13,528
With Zillow Showcase(estimated)$689,928