Estimated payment $3,005/month
Total Views
5,913
0.45
Acre
$1,222,222
Price per Acre
19,602
Sq Ft Lot
Highlights
- River Front
- Interior Lot
- Terraced Lot
About This Lot
Buy and Enjoy a Piece of History - This is Royal Hawaiian Land.
Discover the rare opportunity to own a spacious 20,000-square-foot lot nestled in the heart of Wainaku, just minutes from Downtown Hilo. Located on 289 Wainaku Street, this expansive property offers direct riverside frontage, creating a serene and scenic setting ideal for residential development.
Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
Zoned RM-10 (Multi-Family Residential), the lot allows for flexible development or business potential – from a custom single-family residence to a multi-unit investment property (subject to county approval). Enjoy the lush surroundings, gentle river sounds, and mature tropical landscape that give this parcel a truly peaceful, retreat-like feel.
With utilities nearby (500 Amp Underground Electric Installed / 1 Water Meter) and paved road access, this is a unique chance to develop in one of Hilo’s most desirable neighborhoods. (Topographic study and soil studies done) Whether you're a builder, investor, or visionary homeowner, this Wainaku lot offers incredible potential and natural beauty.
Buyer Option: Seller is willing to convey her nonprofit business which per the owner has an estimated $200,000 plus tax deduction and a reduced property tax of $200 instead of over $5000 and which can be used on other properties with many other benefits, please inquire.
Listing Agent
Better Homes and Gardens Real Estate Hank Correa Realty Brokerage Phone: 8085572613 License #RS-80306 Listed on: 07/10/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $100
Lot Details
- River Front
- Property fronts a county road
- Property fronts an easement
- Interior Lot
- Terraced Lot
- Cleared Lot
- Property is zoned RM-10
Utilities
- Underground Utilities
- Sewer Not Available
Listing and Financial Details
- Tax Lot B-1-C-1`
- Assessor Parcel Number 3260080220000
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $550,000 | +57.1% | -- |
| 01/25/2019 01/25/19 | Off Market | $350,000 | -- | -- |
| 10/15/2018 10/15/18 | Sold | $350,000 | 0.0% | $470 / Sq Ft |
| 09/27/2018 09/27/18 | Pending | -- | -- | -- |
| 10/12/2016 10/12/16 | For Sale | $350,000 | +366.7% | $470 / Sq Ft |
| 12/08/2015 12/08/15 | Sold | $75,000 | -16.7% | $101 / Sq Ft |
| 10/07/2015 10/07/15 | Pending | -- | -- | -- |
| 08/28/2015 08/28/15 | For Sale | $90,000 | -- | $121 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Similar Property in Hilo, HI
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 722190
APN: 3-2-6-008-022-0000
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.
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.
Nearby Homes
- 287 Wainaku St
- 360 Kauila St Unit 201
- 338 Kauila St
- 307 Lehua St Unit 22
- 347 Iliahi St
- 84 Pukihae St Unit 503
- 84 Pukihae St Unit 802
- 84 Bayshore Towers Unit 1206
- 84 Bayshore Towers Unit 602
- 398 Ohai St
- 322 Ohai St Unit 16
- 322 Ohai St Unit 4
- 291 Wainaku St
- 254 Kaiulani St
- 39 Kula Place Unit 1
- 16 Haaheo Rd
- 724 Wainaku St
- 744 Wainaku St Unit 2 units
- 282 Kaiulani St
- 726 Waianuenue Ave