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Land in Historic Miloli'i
For Sale
$48,000

ELIMA AVE, Captain Cook, HI 96704

LAND - Captain Cook, HI

Property SizeContact for details
Lot Size0.17 Acres
Days on Market338

Property Features for ELIMA AVE

General Information

Property type Land
Property subtype Other
Zoning A-5A
Subdivision MILOLII BEACH LOTS SUBDIVISION
Lot features Cleared, Rocky
View Ocean
Standard status Active
APN 3880090070000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 437
HOA Fee $23 Monthly
Listing Agency: Hilo Bay Realty LLC
Listed By: Ed Torrison · License #RB-18354
Added: Sep 22, 2025 Changed: May 14 Last Checked: Aug 25 at 1:06AM
MLS# 724309

Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is an opportunity to own land in the historic and culturally rich area of Miloli'i. The property is located near Makahiki Point in an area known as "The Flats." This flat area makes building easier and puts you at a 5-8 minute walk to the ocean access area which are DAR regulated waters. The Miloli'i Community-Based Subsistence Fishing Area (CBSFA) includes the waters and submerged lands from the shoreline to the 100-fathom depth contour on the southwest coast of Hawai'i Island, from Pa'akai Point at Kipahoehoe in the north to Kauna Point in the south and contains numerous sub-zones. These areas are subject to varying rules and regulations on what and how marine life is harvested to preserve these resources for future generations. This results in clear water with marine life for you to see while snorkeling or kayaking. The lot size is 0.1722 acres. The property is subject to HELCO SSPP, buyer to confirm and is responsible for fees to connect. CC&R's and HOA information can be found at the Milolii Beach Club Association II's website. The zoning is A-5A. The property will be sold As-Is.

Key Highlights

  • Flat lot in "The Flats" area allows for easier building.
  • Enjoy a short 5‑8 minute walk to ocean access.
  • Located in the Miloli'i Community‑Based Subsistence Fishing Area (CBSFA), ensuring abundant marine life and clear waters.

Property Analytics

Current Use

Land

Location Intelligence

Demographics for 96704, HI

6,818
Population
3,367
Households
2
Avg Household Size
49
Median Age
34%
College-Educated
89%
High-School Grad
246.4 sq mi
ZIP Area
28
Density / Sq Mi
$95,492
Median Household Income
$38,434
Median Earnings
$1,705
Median Rent
$586,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Land near Makahiki Point with ocean access.
Where is this land located?
The property is located at ELIMA AVE Captain Cook, HI.
What is the asking price?
The asking price for this property is $48,000.
What are key features of this property?
This property features: Flat lot in "The Flats" area allows for easier building.; Enjoy a short 5‑8 minute walk to ocean access.; Located in the Miloli'i Community‑Based Subsistence Fishing Area (CBSFA), ensuring abundant marine life and clear waters.
More about this property
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