Hawaii Living

88-1587 Ala Malino Rd (Captain Cook)

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Photo 1 of 88-1587 Ala Malino Rd, Captain Cook
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Photo 3 of 88-1587 Ala Malino Rd, Captain Cook
88-1587 Ala Malino Rd, Captain Cook
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Description
This unique property features two pod-style dwellings under one roof, offering a thoughtful and versatile layout. Situated on 5.16 fully fenced and gated acres, the property provides expansive coastline and ocean views, surrounded by edible landscaping and thriving agriculture.The main house features an open floor plan that flows from the kitchen to dining and living areas, complemented by an office alcove—all framed by large windows that highlight the gorgeous views. It includes 2 bedrooms and 1 bathroom, offering comfort and functionality.The ohana is ideal for guests or extended family, featuring 1 bedroom, a kitchenette, a living area with a convertible Murphy bed, and its own separate charm.Outdoor spaces include a 20’ x 10’ covered gazebo, a 6-person hot tub, and an inviting patio, perfect for relaxing or entertaining while enjoying Kona's big skies and the scenic beauty. Additionally, there is a 2-car carport and a tool and tractor shed.The property is a sustainable haven, boasting a macadamia nut, coffee, and citrus orchard interspersed with avocados, bananas, and abundant pineapples. A 20,000 gallon catchment system provides water, and a native forest area enhances the natural charm. This park-like setting is perfect for those seeking a tranquil retreat, a working farm, or a family estate.Ocean enthusiasts will love the nearby access to the historic Hawaiian fishing village of Miloli‘i, which features a boat ramp, ideal for exploring some of the best water sports opportunities on the island.Essential amenities are just a short drive away in Ocean View, including grocery stores, gas stations, a post office, Ace Hardware, and eateries. Kailua-Kona is ~ an hour away, while Hilo is ~ a 2-hour scenic drive.*Overview video attached to Virtual Tour link *Ag map attached to listing *Walkthrough video available
Past Activity
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.01
  • Price / ft²: $413
  • Zoning: A-5A
  • View: Bay, Coastline, Garden, Mountain(s), Ocean, Ocean Horizon, Sunset
  • Security Features: Key, See Remarks
  • Amenities: Dishwasher, Dryer, Freezer, Gas Cooktop, Oven, Refrigerator, Washer
  • TMK: 3880190070000
  • Tax Assessed Value: $780,900
  • Courtesy: Hawaii Life / 8088967879
  • MLS: 715457
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 24, 2026.
Other Captain Cook Homes
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83-5611 Middle Keei Rd
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87-2793 Hawaii Belt Rd
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87-2451 Hawaii Belt Rd
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  • Sold 6/13/25 at $775,000
    (List Price: $775,000)
Description
This unique property features two pod-style dwellings under one roof, offering a thoughtful and versatile layout. Situated on 5.16 fully fenced and gated acres, the property provides expansive coastline and ocean views, surrounded by edible landscaping and thriving agriculture.The main house features an open floor plan that flows from the kitchen to dining and living areas, complemented by an office alcove—all framed by large windows that highlight the gorgeous views. It includes 2 bedrooms and 1 bathroom, offering comfort and functionality.The ohana is ideal for guests or extended family, featuring 1 bedroom, a kitchenette, a living area with a convertible Murphy bed, and its own separate charm.Outdoor spaces include a 20’ x 10’ covered gazebo, a 6-person hot tub, and an inviting patio, perfect for relaxing or entertaining while enjoying Kona's big skies and the scenic beauty. Additionally, there is a 2-car carport and a tool and tractor shed.The property is a sustainable haven, boasting a macadamia nut, coffee, and citrus orchard interspersed with avocados, bananas, and abundant pineapples. A 20,000 gallon catchment system provides water, and a native forest area enhances the natural charm. This park-like setting is perfect for those seeking a tranquil retreat, a working farm, or a family estate.Ocean enthusiasts will love the nearby access to the historic Hawaiian fishing village of Miloli‘i, which features a boat ramp, ideal for exploring some of the best water sports opportunities on the island.Essential amenities are just a short drive away in Ocean View, including grocery stores, gas stations, a post office, Ace Hardware, and eateries. Kailua-Kona is ~ an hour away, while Hilo is ~ a 2-hour scenic drive.*Overview video attached to Virtual Tour link *Ag map attached to listing *Walkthrough video available
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 24, 2026.
    Other Captain Cook Homes
    $777,000
    89-902 Rd Rd
    2 Bds | 1 Ba
    1,200 ft²
    Leasehold
    $788,000
    83-5611 Middle Keei Rd
    3 Bds | 2 Ba
    1,720 ft²
    $760,000
    87-2793 Hawaii Belt Rd
    1 Bd | 0.5 Ba
    400 ft²
    $799,000
    87-2451 Hawaii Belt Rd
    2 Bds | 2.5 Ba
    1,016 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.