Estimated payment $2,545/month
About This Home
Experience the charm of Hilo from this beautiful passive income vacation rental, turnkey condominium at Wainaku Terrace. This desirable corner unit offers privacy, abundant natural light, and an inviting open floor plan designed for effortless island living. Wake each morning to lush tropical surroundings and the peaceful sounds of a nearby stream while enjoying coffee from the spacious enclosed lanai. Thoughtfully furnished and successfully operating as a vacation rental, this 2-bedroom, 1.5-bath residence presents an exceptional opportunity. Ideally located just blocks from downtown Hilo, you'll enjoy convenient access to local cafés, restaurants, shopping, farmers markets, and some of the Big Island's most breathtaking natural attractions. Community amenities include a sparkling pool, on-site resident manager, assigned parking, and comprehensive HOA services that simplify ownership. Whether you're expanding your investment portfolio or searching for your own piece of paradise, this move-in-ready condo offers the perfect combination of comfort, convenience, and island lifestyle.
Listing Agent
Salt Water Real Estate LLC Brokerage Phone: 8087240092 License #RS-85800 Listed on: 07/21/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,767
Year Built
- Built in 1973
HOA Fees
- $820 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 706 Sq Ft Home
- Carpet
Kitchen
- Range with Range Hood
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Phone Available
- Cable TV Available
Additional Features
- In Ground Pool
- Property fronts a county road
Listing and Financial Details
- Assessor Parcel Number 3260050100007
Community Details
Overview
- Wainaku Terrace Community
- Puueo Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,767 | $214,800 | $8,100 | $206,700 |
| 2025 | $2,767 | $236,500 | $7,700 | $228,800 |
| 2024 | $2,767 | $236,500 | $7,700 | $228,800 |
| 2023 | $2,590 | $221,400 | $7,500 | $213,900 |
| 2022 | $1,995 | $170,500 | $6,000 | $164,500 |
| 2021 | $1,748 | $149,400 | $6,000 | $143,400 |
| 2020 | $1,580 | $135,000 | $6,000 | $129,000 |
| 2019 | $1,418 | $121,200 | $6,000 | $115,200 |
| 2018 | $1,090 | $93,200 | $6,000 | $87,200 |
| 2017 | $1,090 | $93,200 | $6,000 | $87,200 |
| 2016 | $1,011 | $93,200 | $6,000 | $87,200 |
| 2015 | $865 | $81,200 | $6,000 | $75,200 |
| 2014 | $865 | $70,700 | $6,000 | $64,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | For Sale | $275,000 | +10.0% | $390 / Sq Ft | |
| 10/02/2024 10/02/24 | Off Market | $250,000 | -- | -- | |
| 04/19/2023 04/19/23 | Sold | $250,000 | 0.0% | $354 / Sq Ft | View Prior Sale |
| 04/19/2023 04/19/23 | Off Market | $250,000 | -- | -- | |
| 02/09/2023 02/09/23 | For Sale | $249,000 | +178.2% | $353 / Sq Ft | |
| 02/22/2017 02/22/17 | Sold | $89,500 | 0.0% | $127 / Sq Ft | View Prior Sale |
| 01/03/2017 01/03/17 | Pending | -- | -- | -- | |
| 12/20/2016 12/20/16 | For Sale | $89,500 | -- | $127 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $250,000 | Tge | |
| Deed | -- | Tge | |
| Deed | $89,500 | Tg | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $68,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,000 | New Conventional | |
| Closed | $160,000 | New Conventional |
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 732041
APN: 3-2-6-005-010-0007
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 2026 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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