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

170 / 270

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$39,938

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$682,215

Median Home Sale Price

Top Earners

$92,468

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, unincorporated community located on the Big Island of Hawaii, within Hawaii County. This region is situated approximately 12 miles south of Kailua-Kona, the closest major town. The community is home to a population of around 3,500 residents, offering a tranquil, rural atmosphere that appeals to both visitors and locals alike.

The appeal of Captain Cook for short-term rentals lies in its rich historical context, unique natural beauty, and access to various landmarks. One of the central attractions is the Captain Cook Monument, located at Kealakekua Bay State Historical Park. This monument commemorates the landing site of British explorer Captain James Cook and is reachable by a challenging hike or a kayak trip across the bay.

Kealakekua Bay itself Kealakekua Bay is renowned for its crystal-clear waters, making it a popular destination for snorkeling, scuba diving, and kayaking. The bay is home to a diverse array of marine life, including dolphins, tropical fish, and vibrant coral reefs.

Another significant landmark is the Pu'uhonua o Hōnaunau National Historical Park Pu'uhonua o Hōnaunau, located a short drive south of Captain Cook. This cultural site preserves ancient Hawaiian relics and offers visitors an opportunity to learn about traditional Hawaiian culture and history, including sacred temples, royal grounds, and other historic artifacts.

Captain Cook also benefits from its proximity to the Kona Coffee Living History Farm Kona Coffee Living History Farm, a working coffee farm that provides tours and insights into the traditional methods of coffee cultivation and production, which are an integral part of the region's heritage.

Overall, Captain Cook's serene environment, historical sites, and access to marine adventures make it an appealing destination for tourists looking for short-term rentals. Visitors can enjoy a blend of relaxation and exploration in one of Hawaii's most historically rich and naturally beautiful locales.

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