- 4 beds
- 4 baths
- 2,902 sqft
- 8,500 sqft lot
- $758 per sqft
- 1987 build
More Than $100K in Net Rental Income for 2024! A rare opportunity to own a licensed short-term rental just 300 feet from Kealakekua Bay in the coveted Captain Cook and Manini Beach neighborhood. Dolphin Bay House includes a transferable STVR license and a strong income history, making it ideal as a high-performing vacation rental or a private retreat in one of Hawaiʻi’s most treasured coastal areas.<br><br>Surrounded by lush gardens filled with orchids, palms, and fruit trees, this home blends the charm of old Hawaiʻi with thoughtful modern updates. Enjoy unparalleled access to crystal-clear waters ideal for snorkeling, kayaking, and observing Hawaiian spinner dolphins, sea turtles, and vibrant marine life. Nearby, the Captain James Cook Monument adds historical significance and is a favorite hiking destination.<br><br>The main house features three spacious bedrooms and three bathrooms. The primary suite offers a soaking tub, dual granite vanities, and peaceful garden views. A ground-floor suite with its own entrance and sitting area provides privacy and comfort for guests. The updated kitchen is outfitted with granite countertops, two sinks, and modern appliances, perfect for preparing meals to enjoy outdoors.<br><br>A detached one-bedroom cottage with its own kitchen and living area offers additional flexibility for hosting friends or extended family. The breezeway between the main home and cottage includes laundry, an outdoor shower, and beach gear storage for easy island living.<br><br>Originally remodeled in 2007 and beautifully maintained, Dolphin Bay House is move-in ready. Whether you build on its success as a high-performing rental or transform it into your own private escape, this is a rare chance to own in one of Hawaiʻi’s most sought-after neighborhoods.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 10, 2025
•
MLS# 716223 —
The Building
-
Year Built:1987
-
Design:Converted
-
Unit Description:Single Family Home, Single Level
-
Number Of Units Total:3
-
Roofed Area Units:Square Feet
-
Exterior Area Units:Square Feet
-
Stories:1
-
Ohana Adu Permitted:true
Interior
-
Flooring:Hardwood, Other
-
Levels:One, Two
-
Room Type:Office
-
Living Area:2,902 Sqft
-
Window Features:Blinds, Shutters
-
Living Area Units:Square Feet
Financial & Terms
-
Listing Terms:1031 Exchange, Cash, Conventional, USDA Loan
-
Ownership:Full
-
Land Tenure:Fee Simple
Location
-
Region:South Kona
-
Unparsed Address:82-6289 KAHAULOA ST, CAPTAIN COOK, HI 96704
-
Longitude:-155.92043406
-
Latitude:19.47007946
The Property
-
Property Type:Residential
-
Property Sub Type:Single Family Residence
-
Property Attached:false
-
Zoning:RS-15
-
Lot Features:Corner Lot
-
Lot Size Area:8,500 Sqft
-
Parcel Number:3820060180000
-
Roads:County
-
Road Frontage Type:Road/Street
-
Topography:Fairly Level
-
Fencing:Stone
-
Elevation Units:Feet
-
Flood Zone:AE, X
-
Lava Zone:3
-
Waterfront:false
-
View:Mountain(s), Ocean
-
Structures:true
-
Agriculture Dedicated:false
Listing Agent
- Contact info:
- Agent phone:
- (808) 987-4511
- Office phone:
- (808) 378-5447
Taxes
-
Tax Year:2024
-
Tax Annual Amount:$13,253.40
-
Tax Lot:13
Beds
-
Bedrooms Total:4
Baths
-
Bathrooms Full:4
-
Bathrooms Total:4
-
Bathrooms Total:4
The Listing
-
Virtual Tour URL:
Heating & Cooling
-
Cooling:Air Conditioning, Varies by Unit, Zoned
-
Heating:Zoned
Utilities
-
Sewer:Cesspool
-
Utilities:Cable Available, Electricity Available, Phone Available
-
Water Heater:Electric
-
Internet Access:Cable
-
Solid Waste Disposal:None
Appliances
-
Appliances:Dishwasher, Disposal, Dryer, Electric Cooktop, Freezer, Microwave, Microwave Hood, Range, Refrigerator, Washer, Washer/Dryer Stacked
-
Washer Dryer Type:Dryer, Front Load, Stacked Washer/Dryer, Washer
The Community
-
Subdivision Name:Kahauloa House Lots
-
Association Fee Frequency:Monthly
-
Common Area Expenses:false
-
Pool:false
-
Pets Allowed:Yes
Parking
-
Parking Features:Attached, Covered, Unassigned
-
Garage Spaces:1.0
-
Garage Area:364
-
Garage Area Units:Square Feet
-
Carport Area Units:Square Feet
Monthly cost estimate

Asking price
$2,200,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$11,780
|
Taxes | $1,104 |
Insurance | $605 |
Utilities | $363 See report |
Total | $13,852/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/6/25
May 6, 2025
|
Price Changed | HISMLS | $2,200,000 | -2.2% |
4/11/25
Apr 11, 2025
|
Listed / Active | HISMLS | $2,250,000 |