$530,000
$55K PRICE DROP

287 Wainaku St Hilo, HI 96720

Estimated payment $3,269/month

Total Views 26,497
2 Beds
2 Baths
896 Sq Ft
$592 Price per Sq Ft

Highlights

  • River View
  • High Speed Internet
  • Level Lot
  • Home fronts a stream

About This Home

Riverfront Living in Downtown Hilo – Seller Motivated!
Discover the rare charm of this streamside retreat along the scenic Pukihae Stream, just minutes from the vibrant heart of Old Hilo Town. Nestled within a quiet three-lot subdivision, this is the only completed home—offering privacy, natural beauty, and incredible potential.
Property Highlights
Peaceful riverfront setting with low-bank access to the stream—perfect for dipping in, relaxing, or enjoying your own private swimming spot.
Sun-filled and breezy location with room for 2–4 vehicles.

Flexible use: ideal as a primary residence, investment rental, or future development (multi-family zoning ).

Adjacent parcel (“Lot 40") also available—combine the two for a larger estate or prime development opportunity.

Location Benefits

Just a 5-minute walk to Hilo’s historic downtown with its restaurants, shops, farmers markets, and community events.
Close to Bayfront surf spot and Hilo’s vibrant waterfront lifestyle.
Quiet retreat without sacrificing convenience.

Additional Details

Home is tenant-occupied; 48 hours’ notice required for showings.
Please do not visit property without permission.
All information deemed reliable but not guaranteed; buyers and agents to verify.
Motivated seller—don’t miss this rare opportunity to own a piece of Hilo’s riverfront paradise!

Listing Agent

Claudia Centorame-Hagan

Ray Kobayashi Jr REALTOR Brokerage Phone: 8084300021 License #RS-86960 Listed on: 02/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,638

Year Built

  • Built in 2015

Lot Details

  • Home fronts a stream
  • River Front
  • Property fronts a county road
  • Property fronts an easement
  • Level Lot
  • Cleared Lot
  • Property is zoned RM-10

Parking

  • Assigned Parking

Property Views

  • River
  • Garden

Home Design

  • Double Stud Wall

Interior Spaces

  • 896 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range with Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cesspool
  • Private Sewer
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot B-1-C-2
  • Assessor Parcel Number 3260080420000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,638

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: River, Stream/Canal
  • ResoLotFeatures: Cleared
  • Road Frontage Type: Road/Street
  • Attribution Contact: 8084300021
  • Co List Office Phone: 8089594060
  • Ownership: Full
  • MLS Status: A
  • Unit Levels: Two
  • Living Area: 896.0
  • Property Attached Yn: No
  • Year Built: 2015
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL, Fiber-Optic, Satellite
  • HIS_Easement: Ingress/Egress
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Range, Range Hood, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • Topography: Level
  • View: Garden, River
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RM-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3260080420000

Tax Info

  • Tax Annual Amount: 5637.69
  • Tax Lot: B-1-C-2

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,638 $532,300 $219,000 $313,300
2024 $5,638 $507,900 $214,200 $293,700
2023 $5,297 $477,200 $204,000 $273,200
2022 $5,297 $477,200 $204,000 $273,200
2021 $4,786 $409,100 $186,000 $223,100
2020 $4,630 $395,700 $177,000 $218,700
2019 $3,654 $312,300 $123,000 $189,300
2018 $245 $212,300 $80,000 $132,300
2017 $0 $100 $100 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Price Changed $530,000 -5.2% $592 / Sq Ft
08/15/2025 08/15/25 Price Changed $559,000 -4.4% $624 / Sq Ft
02/19/2025 02/19/25 For Sale $585,000 +17.0% $653 / Sq Ft
08/02/2022 08/02/22 Off Market $500,000 -- --
05/04/2022 05/04/22 Sold $500,000 +2.0% $579 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $490,000 -- $567 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title Of Hawaii
Warranty Deed -- First American Title Of Hawaii
Warranty Deed -- Fam
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Closed $475,000 New Conventional
Source: Public Records

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 718446

Hawaii Information Service (MLS Hawaii)

APN: 3-2-6-008-042-0000