287 Wainaku St, HILO, HI 96720 (MLS # 718446)
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Discover the unique charm of this riverfront property, nestled along the scenic Pukihae Stream and just a short walk from Downtown Hilo. Located in a peaceful 3-lot "subdivision", this is the only building/house, perfectly positioned to enjoy abundant sunshine, air flow, and a unique privacy.
The property offers parking for 2-4 cars and features rare low-bank access to the stream, allowing you to easily step into the water and enjoy a serene swimming area. This magical retreat makes for an exceptional investment, whether as a personal residence, a lucrative rental, or an expanded venture because of the Multi-family zoning with additional uses allowed by the County.
Just 5 minutes (walking) from the vibrant heart of Old Hilo Town, you'll find wonderful restaurants, local shopping, farmers markets, and frequent festivities. Plus, Bayfront Hilo's surfing spot is a short walking distance away, offering the best of both worlds"”tropical living with a stream on the property, without being too far from the conveniences of town.
The adjacent partially developed land "Lot 40" is also listed for sale. If both this house property and "Lot 40" are purchased together, then this would be an ideal development for "an Estate Property" and/or a "Hosted Airbnb" . The Multi-Family Use zoning lists allowable "commercial activities" which include "retreat center" or other ventures for this unique scenic property along the stream with nature.
Home is rented. 48 hours' notice is required. Please refrain from visiting the property without permission. All information is deemed reliable but not guaranteed. Buyer and buyer's agent are responsible for verifying all listing details.
| DAYS ON MARKET | 23 | LAST UPDATED | 2/24/2025 |
|---|---|---|---|
| YEAR BUILT | 2015 | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Disposal, Oven, Range, Refrigerator |
|---|---|
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Cleared, Level |
| LOT DIMENSIONS | 10000 |
| TAXES | 5637.69 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | River |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | River Front |
| ZONING | RM-10 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Ray Kobayashi Jr REALTOR
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 3/14/25 11:05 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 3/14/25 11:05 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2025.