20 Alae St, Hilo, HI 96720 (MLS # 730224)
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LOCATION, LOCATION, LOCATION! Ideally situated in the heart of Hilo, this beautifully renovated and fully furnished 5-bedroom, 2-bath residence offers exceptional convenience just minutes from the Hilo Medical Center, schools, parks, shopping, dining, and everyday essentials. Whether you are seeking an investment opportunity, a multi-generational living arrangement, or a spacious place to call home, this versatile property offers outstanding flexibility and potential. The upper level features a bright open-concept layout with laminate flooring throughout the main living areas, along with 3 bedrooms and 1 full bath. Step onto the expansive covered lanai and enjoy distant ocean horizon views, the perfect setting for morning coffee, sunset relaxation, or entertaining guests. The kitchen is both stylish and functional, featuring butcher block countertops, floating wood shelving, and seamless flow into the spacious living area. The lower level includes a large enclosed basement with 2 additional bedrooms, 1 full bath, and a kitchen, providing excellent options for extended family, guests, or potential rental income. With RM-1 zoning, the property may offer opportunities for multifamily use or a hosted vacation rental, subject to County regulations and approval. Being sold turnkey and fully furnished, this move-in-ready home is ready for immediate occupancy or income-producing use in one of Hilo's most desirable in-town locations. Click on the video icon or copy and paste https://show.tours/v/rj3PTWj
| DAYS ON MARKET | 12 | LAST UPDATED | 5/21/2026 |
|---|---|---|---|
| TRACT | HALAI TRACT | YEAR BUILT | 1940 |
| COUNTY | Hawaii | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer |
|---|---|
| CONSTRUCTION | Frame |
| LOT | 6660 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 6660.0 |
| PARKING | Other |
| STORIES | 2 |
| SUBDIVISION | HALAI TRACT |
| TAXES | 4127.76 |
| UTILITIES | Cable Available, Electricity Available, Phone Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Hokulani Realty LLC
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 5/29/26 12:42 PM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2026 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 5/29/26 12:42 PM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2026 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 2026.