$430,000
SOLD MAY 20, 2025

101 Hilo Lagoon Center Unit 602 Hilo, HI 96720

2 Beds
2 Baths
961 Sq Ft
$1,302/mo HOA Fee

Recently Sold

$447 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • In Ground Pool
  • Security Guard
  • Vinyl Flooring
  • Air Conditioning
  • Closed Circuit Camera
  • 2-minute walk to Wailoa River State Park

About This Home

As of May 2025

Welcome to Hilo Lagoon Centre Unit 602 – a rare upper-floor corner condo with panoramic views of the Pacific Ocean and Wailoa River State Park!

One of only a handful of units with wrap-around vistas, this fully remodeled 2-bedroom, 2-bath condo is a highly sought-after vacation rental, being sold fully furnished and turn-key.

Each room opens to a private lanai overlooking the Pacific coastline, Hilo Bay, and Wailoa Park. Inside, the open-concept layout features a sleek kitchen flowing into a bright living space. Both bedrooms offer en-suite baths and ample closet space.

Features:

-Wrap-around ocean and park views.
-Turn-key sale with modern finishes and professional management already in place.
-Open-concept kitchen adjoining a stylish living area.
-Two bedrooms with private en-suite baths and ample closet space.
-New paint throughout.
-Thick-grade LifeProof flooring - scratch and water-resistant, per manufacturer.
-Brand new AC units in all three rooms - super quiet - a huge value and significant expense - these are custom-made for the building, with limited availability.
-New lighting throughout
-Furniture includes sleek Italian leather Spazzio, king bed, two twin beds, an office setting, bar stools, and multiple accent pieces plus artwork.
-Condo fees include water, electricity, cable TV, and more..
-Elevator access, 24-hour security.
-Common areas were just updated with new flooring.
-Full exterior building repainting project currently underway.
-Prime location near parks, eateries, government offices, Downtown Hilo, UH Hilo.

Hilo Lagoon Centre is surrounded by beautifully landscaped grounds featuring koi ponds and paved walkways, with seamless access to neighboring Wailoa State Park.

Last Agent to Sell the Property

Nate Gaddis

COMPASS Brokerage Phone: 8087474742 License #RS-75971 Listed on: 04/14/2025

COMPASS

Last Buyer's Agent

Terry Schoneberg

Sunrise Properties LLC License #RB-10209

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1971

Lot Details

  • Property fronts a private road
  • Property fronts a county road
  • Chain Link Fence

HOA Fees

  • $1,302 Monthly HOA Fees

Interior Spaces

  • 961 Sq Ft Home
  • Blinds
  • Vinyl Flooring
  • Closed Circuit Camera
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Assigned Parking

Pool

  • In Ground Pool

Utilities

  • Air Conditioning
  • Mini Split Air Conditioners
  • Underground Utilities
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3220140100166

Community Details

Overview

  • Hilo Lagoon Centre Community

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,711

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,302 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: Chain Link
  • ResoSecurityFeatures: Closed Circuit Camera(s), Security Guard, Security Patrol
  • Attribution Contact: 8087474742
  • Co List Office Phone: 8083785447
  • Ownership: CPR
  • MLS Status: S
  • Living Area: 961.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1971
  • Tax Year: 2024
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Vinyl
  • Total Bathrooms: 2

Exterior Features

  • Pool Features: In Ground
  • Waterfront: No
  • Roads: County, Paved, Private

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

  • Cooling: Central Air, HIS Air Conditioning, HIS Individual Cooling
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Private, Public

Condo/Co-op/Association

  • Association Fee: 1301.98
  • Association Fee Frequency: Monthly
  • Project: HILO LAGOON CENTRE

Lot Info

  • Zoning: CG-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220140100166
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3711.24

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $430,000 +1.2% $447 / Sq Ft
04/14/2025 04/14/25 For Sale $425,000 -- $442 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nate Gaddis

    Seller's Agent in 2025

    Nate Gaddis

    COMPASS

    (808) 937-2663

    38 in this area

    129 Total Sales

    Nate Gaddis
    Section Image
  • Terry Schoneberg

    Buyer's Agent in 2025

    Terry Schoneberg

    Sunrise Properties LLC

    (808) 895-4905

    21 in this area

    128 Total Sales

    Terry Schoneberg
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 719949

Hawaii Information Service (MLS Hawaii)

Hawaii Hawaii County Hilo 96720

101 Hilo Lagoon Center Unit 602, Hilo, HI

This home is located at 101 Hilo Lagoon Center Unit 602, Hilo, HI 96720 and is currently priced at $430,000, approximately $447 per square foot. This property was built in 1971. 101 Hilo Lagoon Center Unit 602 is a home located in Hawaii County with nearby schools including Chiefess Kapiolani Elementary School, Hilo Intermediate School, and Hilo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hawaii Information Service (MLS Hawaii) Copyright 2025 MLS Hawaii, Inc. All rights reserved.

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. Data is deemed reliable but is not guaranteed accurate by the MLS.

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