
Estimated payment $9,141/month
About This Home
Welcome to your very own Hawaiian oasis in the heart of Keaukaha! This rarely available gem sits on Kalanianaole Street, just moments from the East Side’s most beloved beaches, including Carl Smith Beach Park—home to gentle waves, sandy swimming spots, and frequent visits from friendly honu's.
This 3-bedroom home is full of island charm, situated on a generous 20,104 sq ft lot with room to grow. With the right planning and permits, there’s potential to build up to 3 additional structures—perfect for a multi-generational compound, income-producing rentals, or your own tropical retreat.
But that’s not all! Head downstairs to discover a beautifully finished lower level, completed by a previous owner with pine tongue-and-groove paneling and natural lava rock features that add warmth and character. This level includes FOUR extra rooms—ideal for home offices, workshops, hobby spaces, or extra storage—plus a utility room with a large shower and a separate toilet area. It could even function as additional sleeping quarters.
One of only a handful of single-family homes available on Kalanianaole Ave
Potential to build 3 additional structures (verify with County)
Over 20,000 sq ft of land – plenty of space to expand or garden
Covered carport fits 2 vehicles + additional parking
Rock wall adds privacy and curb appeal
Close to beaches, parks, schools, and Hilo town
Two water heaters that are on timers
Whether you’re looking for a peaceful home near the ocean, a creative live/work space, or a smart investment with future potential, 2048 Kalanianaole Street is a rare find in a prime Hilo location.
Listing Agent
eXp Realty Brokerage Phone: 8083190183 License #RS-82058 Listed on: 05/24/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,305
Year Built
- Built in 1940
Lot Details
- Property is zoned RS-15
Parking
- Attached Garage
Home Design
- 1,212 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Community Details
- Lehia Park Residential Lots Subdivision
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 3210170020000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $4,305 | $396,700 | $272,400 | $124,300 |
2024 | $4,305 | $387,800 | $272,400 | $115,400 |
2023 | $4,216 | $379,800 | $272,400 | $107,400 |
2022 | $4,216 | $379,800 | $272,400 | $107,400 |
2021 | $4,045 | $364,400 | $272,400 | $92,000 |
2020 | $3,985 | $359,000 | $272,400 | $86,600 |
2019 | $3,985 | $359,000 | $272,400 | $86,600 |
2018 | $3,946 | $355,500 | $272,400 | $83,100 |
2017 | $3,732 | $336,200 | $256,300 | $79,900 |
2016 | $3,233 | $321,700 | $256,300 | $65,400 |
2015 | -- | $315,800 | $256,300 | $59,500 |
2014 | -- | $314,800 | $256,300 | $58,500 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/24/2025 05/24/25 | For Sale | $1,590,000 | -- | $1,312 / Sq Ft |
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Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 720656

APN: 3-2-1-017-002-0000
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