Captain Cook, HI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Captain Cook short-term rental market based on reliable data.

Listings

169 / 275

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$40,493

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$690,803

Median Home Sale Price

Top Earners

$88,789

Top-Earners Revenue

Captain Cook

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Captain Cook.

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C

Challenging to Investors

Captain Cook Regulations

STRs are only permitted in hotel/resort/commercial zones and prohibited in most residential and agricultural districts (owner‑occupied B&B exceptions only), creating limited viable inventory and higher due‑diligence risk. Permitting is moderate complexity—forms, fees, annual renewals, and state GET/TAT filings—but enforcement is active and rules have been evolving through appeals, creating uncertainty for investors.

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About Captain Cook

Captain Cook is a small, rural census-designated place on the western (Kona) coast of the Big Island of Hawaii, in Hawaii County. The community sits at roughly 1,500 feet elevation on the slopes above Kealakekua Bay, about 12 miles south of Kailua-Kona, the island's main resort and commercial hub. With a population of approximately 3,400, Captain Cook has the relaxed, agricultural character typical of South Kona, where coffee farms, macadamia orchards, and small roadside stands shape daily life. The area is best known for its ties to Captain James Cook's 1779 landing in Hawaii and serves as a gateway to some of the Big Island's most significant cultural and natural landmarks.

Just south of town, Kealakekua Bay State Historical Park marks the spot where Captain Cook first came ashore in 1779 and where he was killed later that same year. The bay is now a marine life conservation district, prized for its clarity, resident spinner dolphins, and some of the best snorkeling on the island. A small roadside overlook at the Captain Cook Monument is a short drive downhill from the community, and the bay itself is a popular destination for kayakers, paddleboarders, and hikers willing to descend the steep trail.

About five miles further south along the coast, Pu'uhonua o Hōnaunau National Historical Park preserves one of the most important cultural sites in Hawaii. The park's reconstructed heiau (temple) and royal grounds once served as a place of refuge, where Hawaiians who broke sacred kapu could find safety. Today it is a peaceful, scenic area with walking paths along lava-rock walls and traditional structures, plus reliable opportunities to spot green sea turtles along the adjacent shoreline.

The slopes surrounding Captain Cook are also the heart of the world-renowned Kona coffee belt. Small family farms and a few larger operations offer tours, tastings, and insight into the labor-intensive process of growing and roasting the beans. Most of these farms are within a 10- to 20-minute drive of town, and the area's coffee heritage is a defining element of local identity.

For travelers willing to make a longer day trip, Hawaii Volcanoes National Park is roughly two hours away by car, with the route crossing through varied landscapes of ranchland, lava fields, and cloud forest depending on which road is taken.

Captain Cook's combination of cultural heritage, agricultural character, and proximity to some of the Big Island's most-visited natural and historical sites makes it a quiet but rewarding base for travelers. Visitors can snorkel in Kealakekua Bay, walk through a sacred puuhonua, sample fresh-roasted Kona coffee from a hillside farm, and still return to a small residential community removed from the busier resort developments of Kailua-Kona. For short-term rental owners, that balance of authenticity and accessibility is the defining appeal of the South Kona region.

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