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82-6289 Kahauloa St, Captain Cook, HI 96704

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For Sale

$2,100,000

4 beds • 4 baths • 2,902 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $723.64
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

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 Hawaii 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 Hawaii's most sought-after coastal neighborhoods.
MLS# 716223

Courtesy Of Compass

(808) 378-5447

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Cable Ready
  • Appliances
    Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Floor Covering
    Hardwood
  • Heating System
    Zoned
  • Lot Size
    0.2 Acres
  • View Type
    Ocean

Map and Directions

Directions to 82-6289 Kahauloa St, Captain Cook, HI 96704

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.