NOT LISTED FOR SALE

524 Kalanikoa St Hilo, HI 96720

Estimated Value: $819,000 - $884,151

6 Beds
3 Baths
2,384 Sq Ft
$358/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2025

Last sale price $850,000 $357 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,248 / mo

8 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 4-minute walk to Wailoa River State Recreation Area
  • 4 Car Attached Garage

About This Home

As of December 2025

Priced at recent appraised value. Over 1/2 acre of land together with three structures and commercial neighborhood or limited industrial re-zoning potential. Currently zoned RS-10 also with potential for subdivision, makes this corner lot the ideal location.

Conveniently located near the airport, harbor and many other established businesses. This 3rd generation family owned property is being offered for sale for the first time.

Original structure is a two story 3/2, two level home with attached carport, ample storage and large covered garage off the rear. This structure has a seperate address of 711 Hualani Rd. The other living structure is fronting Kalanikoa St. with different address. This unit is a 2/1, with additional bonus rooms. On the opposite side of the connecting breezeway is another unit, previously used as an office, with additional bathroom and two separate entrances. At the middle of the property is a large warehouse of nearly 2,000sf with a half bath and front and rear entrances. Additional covered storage and parking flank the sides of this structure built with sturdy concrete walls.

Last Agent to Sell the Property

Wailana Herbst

Corcoran Pacific Properties Brokerage Phone: 8087567056 License #RB-24019 Listed on: 10/30/2025

Corcoran Pacific Properties

Last Buyer's Agent

Ellada Perepechaev

Real Broker License #RS-86971

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,002

Year Built

  • Built in 1948

Lot Details

  • Property fronts a county road
  • Corner Lot
  • Level Lot

Parking

  • 4 Car Attached Garage
  • 4 Carport Spaces

Home Design

  • Triplex

Interior Spaces

  • 2,384 Sq Ft Home
  • Blinds
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Electric Water Heater
  • Private Sewer

Community Details

  • Waiakea House Lots 1St Series Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 3220350320000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,002

Year Built

Built in 1948

Lot Details

0.52 Acres

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Property Sub-Type: Triplex
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: Road/Street
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA HOUSE LOTS 1ST SERIES
  • Carport Spaces: 4.0
  • Living Area: 2384.0
  • Reso Window Features: Blinds
  • Year Built: 1948
  • Tax Year: 2025
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_WaterHeater: Electric
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Flooring: Carpet, Laminate, Resin Tile

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Covered, Other

Utilities

  • Sewer: Other
  • Utilities: Electricity Available, Other

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220350320000

Tax Info

  • Tax Annual Amount: 9002.1
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2025
Closed on
Nov 25, 2025
Sold by
524 Kalanikoa Irrevocable Trust and Lodge Michael T
Bought by
Ogasawara Hardy
Seller's Agent
Wailana Herbst
Corcoran Pacific Properties
Buyer's Agent
Ellada Perepechaev
Real Broker
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%
Views
11
Current Estimated Value
$854,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,288
Avg. Annual Appreciation
1.33%

Purchase Details

Closed on
Feb 22, 2023
Sold by
Lodge Myra Toyoko & Stephen Masaru
Bought by
524 Kalanikoa Irrevocable Trust

Purchase Details

Closed on
Feb 16, 2023
Sold by
Lodge Linda Etsuko
Bought by
Lodge Myra Toyoko and Lodge Stephen Masaru

Purchase Details

Closed on
Jul 2, 2013
Sold by
Okano Family Partners Ii
Bought by
Lodge Linda Etsuko
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ogasawara Hardy $850,000 Title Guaranty
524 Kalanikoa Irrevocable Trust -- None Listed On Document
Lodge Myra Toyoko -- None Listed On Document
Lodge Linda Etsuko $342,600 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 Sold $850,000 -5.6% $357 / Sq Ft
11/10/2025 11/10/25 Off Market $900,000 -- --
10/30/2025 10/30/25 For Sale $900,000 -- $378 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $9,002 $811,000 $366,700 $444,300
2024 $7,980 $718,900 $298,300 $420,600
2023 $7,356 $662,700 $271,500 $391,200
2022 $7,356 $662,700 $271,500 $391,200
2021 $6,172 $556,000 $217,800 $338,200
2020 $6,121 $551,400 $229,300 $322,100
2019 $5,675 $511,300 $191,100 $320,200
2018 $5,134 $462,500 $173,700 $288,800
2017 $5,036 $453,700 $173,700 $280,000
2016 $4,145 $412,400 $158,200 $254,200
2015 $3,199 $382,600 $158,200 $224,400
2014 $3,199 $341,300 $116,100 $225,200
Source: Public Records

Agents Affiliated with this Home

  • Wailana Herbst

    Seller's Agent in 2025

    Wailana Herbst

    Corcoran Pacific Properties

    (808) 589-2040

    30 in this area

    106 Total Sales

    Wailana Herbst
    Section Image
  • Ellada Perepechaev

    Buyer's Agent in 2025

    Ellada Perepechaev

    Real Broker

    (808) 333-8206

    2 in this area

    20 Total Sales

    Ellada Perepechaev
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 724768

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-035-032-0000

Hawaii Hawaii County Hilo 96720

524 Kalanikoa St, Hilo, HI

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Hawaii Information Service (MLS Hawaii) 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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