Hilo Real Estate | Hilo 3 Bathroom Properties for Sale

Rarely available 39,350 sq ft lot in the urban core of Hilo, located in the Waiakea Cane Lots subdivision just blocks from the University of Hawai‘i at Hilo. Priced at $28 per square foot, this L‑shaped parcel is offered at land value and includes a planned 20‑foot‑wide driveway easement (not yet recorded) to serve the rear adjacent lot. There is an existing structure on the property in poor condition and not considered in the pricing. The property lies within the State Urban District and is designated HDU (High Density Urban) under Hawai‘i County’s General Plan (GP‑2045). With RS‑10 zoning, the site currently allows Single‑Family Residential use. Additional development paths — including duplexes, student housing, PUDs, or certain commercial uses — may be possible with County approval. Buyers should consult an architect or planner to evaluate site‑specific development potential. An extended due‑diligence period may be considered for qualified buyers.

1322 Ululani St, HILO

Listing courtesy of PHP Properties.

$200,000

3 Beds ⋅ 2 Baths ⋅ 723322 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property. Buyer must be on the Hawaiian Homes List with the Department of Hawaiian Homelands to purchase. Located in the heart of Keaukaha, this Leasehold Hawaiian Homestead property is truly a hidden gem. Known for its strong sense of community and close proximity to the ocean, Keaukaha is one of Hilo’s most special and sought-after neighborhoods. Just minutes from the beach and only 15 minutes to downtown Hilo, the location offers the best of island living. This 3-bedroom, 2-bathroom home offers a generous layout with plenty of room to grow. While the condition is below average and will require renovation, it's a great opportunity for someone looking to restore or reimagine a property in a prime location.

236 Lyman Ave, HILO

Listing courtesy of Coldwell Banker Realty.

$3,500,000

3 Baths ⋅ 721902 MLS ⋅ ['Fee Simple'] Tenure

An exceptional opportunity to acquire fee simple commercial real estate in one of Hilo’s most accessible corridors. Located just off of Kanoelehua Ave between Kamehameha Ave and Kalanianaole, this 1.79-acre property offers an excellent opportunity. High visibility with easy ingress/egress that is well-positioned for future commercial development or redevelopment. Strategically located near the Banyan Drive resort area, Hilo International Airport, Hilo Harbor and Hawaii Island's state and county offices. This property is ideal for investors, owner-users, or developers seeking a flexible commercial asset with strong infrastructure and an irreplaceable location. Property Highlights: Land Area: 1.79 acres (Fee Simple) Zoning: V-.75 (Urban, Resort, Commercial Use) State Land Use: Urban Building Size: Approx. 4,540 SF Utilities: Water: County Department of Water Supply via existing 12-inch main; 3 active water services already on site. Wastewater: Served by County sewer system via 30-inch main along Kalanianaole Street; two stub outs, one currently in use. Site Improvements: Existing commercial structure. Paved parking lot and additional graded parking areas. Cleared and fully graded site with minor landscaping along perimeter. Prime Commercial Property – 92 Kalanianaole Street, Hilo, HI 96720

92 Kalanianaole St, HILO

Listing courtesy of Aloha Sotheby's Intl Realty - Hawai'i.

$479,000

2 Beds ⋅ 2 Baths ⋅ 722523 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hale Moana Apartments BLDG.

Enjoy island lifestyle in this ideally located 4th floor end unit 2 bedroom 2 bath condo in Keaukaha. Being an end unit enhances your privacy and quiet enjoyment. A short stroll from iconic Carlsmith Beach Park and the beloved Seaside Restaurant. Be greeted by the beauty of emerald green, lush fauna from your spacious lanai, perfect for relaxing or entertaining. While the Seller has remodeled many features in the unit including kitchen and baths over their ownership there is always more to do or update. Primary bath hosts grab bars in the shower. There may be some other ADA features but unit is not 100% ADA compliant, please do your own research if these are important aspects of a property for you. Maintenance fees include gas, electricity & water along with basic cable. The trees in front of building are on state land that runs in between the Hale Moana and the pacific ocean. There is a small hand cleared trail for ease of access to walk to the tidal ponds that dot the coastline. The swimming pool offers a restroom and changing area for your enjoyment. Currently the only unit offered for sale in the prestigious Hale Moana. Don't miss this opportunity! You will thank yourself as you enjoy the peaceful, private location, cooling tradewinds with abundant natural light. This home offers true comfort in one of Hawaii Islands most sought-after coastal neighborhoods.

1911 Kalanianaole St Unit 401, HILO

Listing courtesy of Mary Begier Realty.

$1,200,000

717284 MLS ⋅ ['Fee Simple'] Tenure

Exceptional investment opportunity! Totaling nearly 43 acres, these three contiguous parcels are zoned A-3A and situated in the desirable Waiakea district of Hilo. Property Features: Parcel 1: Over 27 acres Parcel 2: Over 15 acres Parcel 3: Nearly 24,000 sqft Zoned A-3A, allowing flexibility for future use Paved roads Multiple access points Location Highlights: -Situated in the highly sought-after Waiakea Homesteads -Quick access to shopping, schools, and amenities in Hilo -Peaceful and private setting while conveniently close to urban essentials Buyers and their agents to perform their own due diligence as to the availability of utilities, road access, and potential land uses. The smallest parcel may be considered a roadway lot.

Ainalako Rd, HILO

Listing courtesy of COMPASS.

$1,150,000

3 Beds ⋅ 3 Baths ⋅ 721442 MLS ⋅ ['Fee Simple'] Tenure

LIving on the Wailuku river is like no other experience! You may think you won't get used to the rush of the water and then you realize you are sleeping like a baby! Sellers have traveled the world, living in many environments so they built this home to incorporate that full lifestyle. This floor plan enabled them to welcome visitors from around the globe while they worked at their creative endeavors. There are as many windows open to the views and breezes as an architect could allow. Kitchen/living creates a great room designed before we had even thought about that concept! Fully owned PV system installed in 2007. Many touches enhanced over time. Up to you if you keep them or change them. This home has its fair share of steps so its not wheel chair friendly. However, there is a ramp from the carport to the back deck/door for ease of access to that area. An ensuite & office on the entry level with 2 bedrooms and a full bath upstairs. The deck is a true delight spanning the full width of the home along the back/river side, fully covered for your enjoyment!

254 Kaiulani St, HILO

Listing courtesy of Mary Begier Realty.

$799,000

3 Beds ⋅ 2 Baths ⋅ 721465 MLS ⋅ ['Fee Simple'] Tenure

Discover the charm and comfort of island living in this beautifully appointed 3-bedroom, 2-bathroom home nestled in the desirable Sunrise Ridge Estates. With over 2,000 sq ft of thoughtfully designed living space, this residence offers the perfect blend of elegance, function, and aloha spirit. Step inside to find ceramic tile flooring that flows seamlessly throughout, complemented by custom built-in wood shelving—ideal for displaying treasures or tucking away your favorite reads. The heart of the living room is a cozy fireplace adorned with a stunning lava rock mantle, adding warmth and a touch of Big Island flair. The spacious primary suite is your private retreat, featuring a luxurious bath area with a jet tub, separate shower, and an expansive walk-in closet that will satisfy even the most discerning homeowner. Outside, the easy-care yard is a tropical delight, framed by mature palms and vibrant flowering plants that invite you to unwind and enjoy the island breeze. Whether you're entertaining guests or simply soaking in the peaceful surroundings, this home is a true sanctuary in one of Hilo’s most sought-after neighborhoods.

708 Kukuau St, HILO

Listing courtesy of KW Big Island.

$3,238,000

721953 MLS ⋅ ['Fee Simple'] Tenure

Exceptional opportunity to acquire a well-maintained, two-story commercial building currently under a True Triple Net (NNN) long-term lease with a single tenant. Encompassing approximately 11,996 square feet of ADA-compliant interior space, the building features an elevator, multiple private offices, conference rooms, and flexible-use spaces—some previously configured for residential use. Both floors include central reception areas, men’s and women’s restrooms, with showers located on the ground floor. A dedicated laundry room with washer/dryer hookups adds further utility. Offering a solid return on investment with a current annual cap rate of 6.78%, this property presents a rare chance for income-focused investors. The tenant pays all property taxes and maintenance costs, and the lease includes scheduled rent increases tied to the Honolulu annual CPI, ensuring a strong, inflation-adjusted income stream. Strategically located on Ululani Street directly across from the Hilo Police Department, this property is outside the Tsunami Evacuation Zone and offers a south-facing front entrance—a desirable attribute for those mindful of Feng Shui. The building’s design and history of use provide exceptional versatility. It has served as a residential medical treatment center, extended educational facility for the University of Hawaii, and temporary offices for County of Hawaii mayors. A new air conditioning system was installed in 2024, adding further value and comfort for current and future occupants. Secure, paved, off-street parking is included. Its downtown Hilo location offers convenience to government offices, legal centers, and medical facilities. Please do not disturb the tenant or access the property without authorization. No site visits permitted.

891 Ululani St, HILO

Listing courtesy of Pacific Image Properties.

$2,280,000

3 Baths ⋅ 721952 MLS ⋅ ['Fee Simple'] Tenure

Medical building with elevator, ADA accessible, reception area, conference room, doctor's offices. 6 examination rooms, staff room and kithen. Lots of parking on site and street. Built in 1995. CN-10 Zoned. Pictures were taken befor tenant move out.

126 Puuhonu Way, HILO

Listing courtesy of Pacific Image Properties.

$789,000

6 Beds ⋅ 5 Baths ⋅ 721532 MLS ⋅ ['Fee Simple'] Tenure

HUGE PRICE REDUCTION! Price reduced aggressively for a quick, as-is sale! Ocean-view 6-bedroom Hilo property with permitted attached ohana, multi-suite layout, and flexible income potential. Positioned above Hilo Bay, 16 Haaheo Rd offers expansive Hilo bay views from multiple rooms and lanais. The 6-bedroom, 4.5 bath configuration includes a primary suite with ocean-facing lanai and ensuite bath, plus a lower level featuring an additional suite and multiple bedrooms designed to accommodate extended living or rental arrangements. The attached ohana unit is permitted and includes a separate entrance, enhancing flexibility for multi-generational occupancy or income use. Previously operated as a licensed care home, the property’s bedroom count, multiple bathrooms, and accessibility-oriented layout provide a strong foundation for reactivation of care home use or conversion to hosted rental or bed-and-breakfast operation, subject to buyer verification of applicable requirements. Outdoor living areas include a covered lanai with kitchenette and established producing trees including avocado, rambutan, citrus, coconut, and calamansi. A structural engineer’s report addressing a compromised foundation and outlining recommended repair is available to prospective buyers who provide proof of ability to purchase. The repair scope has been evaluated. The key finding is that no major structural reconstruction is recommended. The prescribed remediation is focused on site regrading and improved water diversion, rather than significant foundation replacement/repair. Due to foundation condition, certain financing options may be limited. Property is sold as-is. Conveniently located within close proximity to downtown Hilo, the Hilo Farmers Market, medical facilities, shopping, Honoliʻi Beach Park, and more.

16 Haaheo Rd, HILO

Listing courtesy of EXIT Realty Island Living.

$700,000

4 Beds ⋅ 2 Baths ⋅ 721265 MLS ⋅ ['Fee Simple'] Tenure

Conveniently located in a central Hilo location, approximately 1 mile from E B deSilva school and 1.2 mi from the Hilo Hospital. The home has undergone many recent renovations. There is new vinyl plank flooring throughout. The living room and 3 bedrooms had new vinyl windows installed in 2021. There are ac units in the bedrooms and kitchen area. The interior has a fresh coat of paint. The kitchen on the upper level has ocean views on a clear day. The refrigerator was recently replaced, also included are stainless steel dishwasher, range and farmhouse sink The cabinets, granite counters, island and light fixture were all part of the 2021 renovations. The hallway bath has newer fixtures, vanity, cabinets and granite counters..The generous sized master bedroom features a walk in closet and en-suite bathroom. Two additional bedrooms were added by prior owner without permits. The garage is home to the a new electric dryer, a newer washer in 2021 and an existing gas dryer. The exterior includes a back deck and outdoor entertaining area. The backyard was leveled and a retaining rock wall was built with chain link fencing on top. The home was outfitted with 40 photovoltaic panels and 3 Tesla batteries by Sunnova. This was owner purchased and the set up generates around $800./month in electricity. The note can be assumed for $600./month. The unit has a complete 25 year warranty, covering batteries and panels. Home is rented for 6 months commencing Sept 1, 2025. For more photos please visit: https://listing.hawaiirealtysolutions.com/ut/7_Luana_Way.html

7 Luana Way, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$220,000

1 Baths ⋅ 720935 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property. Orchid Land Surfboards, a beloved fixture in the Big Island surf community for 53 years. Now, for the first time in its history, this beloved institution is being offered for sale. This well-established and locally loved retail business offers a prime bayfront location with high visibility, strong foot traffic, and easy access to parking and neighboring shops. The shop is well-positioned to capture tourist sales with minimal extra investment. The vibrant storefront features a curated selection of surfboards, boogie boards, beachwear, swimwear, accessories, and locally made goods, attracting both residents and visitors who appreciate Hawaii’s surf and beach culture. Orchid Land's original tees are worn with pride across the islands. Step inside and enjoy viewing the walls of memorabilia collected over the years. Founded and operated by Stan Lawrence, he refers to it as his museum. This is more than a business - it's a place people return to, year after year, for boards, gear and connection. Hilo welcomes weekly cruise ships with 2,000+ passengers, plus regular island visitors. Built-in marketing advantage: the shop’s daily surf report, broadcast seven times a day on four local radio stations, includes the store’s name in every update—providing valuable, no-cost exposure to thousands of listeners daily. The familiar voice of the legend himself is heard every day. Sale includes inventory, fixtures, branding, and established vendor relationships. Step right in and ride the wave of Hawaii’s year-round surf lifestyle. An exceptional opportunity for an owner-operator or investor looking to expand in Hawaii’s thriving lifestyle retail market. Untapped online sales potential. The shop is waiting for the right person to launch an online store. Don’t miss this rare chance to own an iconic piece of Big Island surf history. **This is a business sale only and does not include real property.**

262 Kamehameha Ave, HILO

Listing courtesy of Arabel L Camblor Realty.

$1,215,000

4 Baths ⋅ 719531 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property. Prime commercial property for sale (leasehold) on busy Kanoelehua Ave., just minutes to Hilo International Airport. The center is known as Lehua Center and includes four retail spaces totaling 5,992 sq. ft. of leasable area. Each space has it's own private restroom and is individually metered for electricity. There are 25 parking stalls. The land area is 21,050 sq. ft. and is zoned MCX-20. The original 60 year ground lease has approximately 44 years remaining with known ground rents until 8/31/29. The fee is not available, but there is a first right of refusal. The entire property is leased to a single tenant until September 30, 2027. That tenant in turn subleases the individual spaces. Lessor is responsible for building exterior repairs and common area maintenance. Lessee is responsible maintaining the interior spaces. Priced below 2023 appraisal. Please DO NOT disturb tenants. Offer subject to inspection.

750 Kanoelehua Ave Unit 4, HILO

Listing courtesy of Lau & Associates LLC.

$140,000

719083 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hilo Lagoon Centre BLDG.

FINEST OFFICE space Fully Air Conditioned with Central AC, NEW Handler. Perfect overlooking koi pond, Building has 24/7 security. Next to State bldg in HILO LAGOON CENTER. Next to beautiful park. I should know, my office has been next door to this offering since 1992. Vacant and ez to show. SINK just installed.

101 Hilo Lagoon Centre Unit 105, HILO

Listing courtesy of Sunrise Properties LLC.

$190,000

1 Baths ⋅ 718949 MLS ⋅ ['Fee Simple'] Tenure ⋅ Waiakea Villas BLDG.

Come see this well maintained studio unit featuring: * Cool trade winds * Facing North East and Waiakea Pond / Waialoa River State Recreation Area / Hilo Bay * Right below the lanai has pond and courtyard with Koi fish and wild life * Unit is on the ground floor. However the property is situated on a slope. Therefore it is considered a second floor unit with basement unit below. * Just 5 min to Hilo International Airport * Easy Access to: - Target, Walmart, Safeway, Home Depot, Longs Drug (CVS) - Starbucks, natural food supermarket and banks - Governmental Offices - Liliuokalani Park and Garden - Merrie Monarchi Festival Hall, Swimming Pool, Tennis courts, Gym, University of Hawaii and Imiloa Astoronomy Center - Hilo Medical Center and Urgent Care - Current month to month tenant rents for $1,200 monthly

400 Hualani St Unit 8283, HILO

Listing courtesy of COMPASS.

$2,490,000

718873 MLS ⋅ ['Fee Simple'] Tenure

5+ acres centrally located by Hilo police station. Special Use Permit in place for 65 affordable housing units w/water commitments. Accessible from both Kukuau and Kapiolani. Walking distance to shopping, schools, churches.

350 Kapiolani St, HILO

Listing courtesy of Big Island Homes & Land Co., Ltd..

$145,000

716999 MLS ⋅ ['Fee Simple'] Tenure

This 3,842 sq ft fairly level corner lot is ideally located in downtown Hilo, offering a rare opportunity to develop in a central, high-visibility area. The level terrain provides a practical foundation for construction, helping to streamline the building process. The property offers direct access to County utilities, which can significantly reduce upfront infrastructure costs. Zoning allows for potential additional uses, providing flexibility for a range of development options (buyer to verify). Its corner location enhances accessibility and exposure, making it well suited for investors, builders, or businesses seeking a strategic downtown presence. Conveniently located near shops, services, and major roadways, this lot presents an excellent opportunity to capitalize on continued growth and demand in the Hilo market. Buyer to verify zoning, permitted uses, variance needs and availability of utilities.

HILO

Listing courtesy of LUVA LLC.

$545,000

4 Beds ⋅ 3 Baths ⋅ 718303 MLS ⋅ ['Fee Simple'] Tenure

Spacious charming home that has been recently renovated that comes with 4 bedrooms and 3 baths. Huge opportunity with many separate areas excellent for game room or large gatherings. Freshly painted inside and exterior walls, new flooring, cabinets, lighting and plumbing fixtures and windows. All new appliances too! Fully fenced property adds security. Enjoy the cool climate of the upper Kaumana area.

2114 Kaumana Dr, HILO

Listing courtesy of Century 21 Homefinders of Hawaii.

$222,000

717796 MLS ⋅ ['Fee Simple'] Tenure

You must see this lot to appreciate all the hard work the Sellers put in. Located in the much sought after E.B deSilva School district. This lot has already been cleared and semi prepped. House plans included with sale. House plans were designed by K.A.W Architects INC. A large (1493 living area) 2 bedroom 2 bath home with wheelchair accessible hallways and bathrooms/shower stall, walk in closets, laundry room, open kitchen, dining and living room, skylight, large covered lanai and porte-cochere. Water meter has been installed and paid for. Most of the footwork has been done, so make this one yours. There are red and yellow lehua trees, puakenikeni, anthurium's, tangelo, lemon, dwarf kau orange and numerous other plants to name. While all information is deemed reliable buyer and buyers agent are responsible for obtaining all pertinent facts.

435 Kaumana Dr, HILO

Listing courtesy of Green Sands Management & Sales LLC.

$529,000

3 Beds ⋅ 2 Baths ⋅ 707290 MLS ⋅ ['Fee Simple'] Tenure

Welcome to this well maintained 3-bedroom, 2-bath home! Enjoy the perfect location, near schools, shopping, library, medical offices, restaurants & more. This home sits on a quiet side street. The backyard offers privacy, there is a covered lanai / patio extension it is a special space to host guest, BBQ or just enjoy the outdoors. A chain linked fence secures the back yard.

423 Lanikukia Pl, HILO

Listing courtesy of RE/MAX Properties.

$450,000

2 Beds ⋅ 3 Baths ⋅ 669256 MLS ⋅ ['Fee Simple'] Tenure

Fixer. Handicap Accessible Acorn stairlift to the second floor. Seller motivated. Cute 2 bed 2.5 bath home on large lot over a quarter acre, off an attractive paved circle road, with HELCO power and County water, in nice area of Hilo minutes to Prince Kuhio shopping Center, Puainako Center, Walmart, Target, Home Depot, Hilo Airport, Hilo Municipal Golf Course, Beach Parks, University of Hawaii at Hilo, and much more. Seller says this Home is a Hurricane Resistant Deltec Home and that when his family built the house in 1992 his father carefully chose the biggest, highest and best lot in the subdivision with the best views. Great convenient location just off main Highway. Bring your vision and upgrade this diamond in the rough. There are mature and young fruit trees in the yard, including naval orange, apple banana, Meyer lemon, tangerine, jabong (large aromatic citrus), Chatwell Avocado, Tahitian coconut, Passion Fruit aka Lilikoi as well as garden vegetables, berries and flowers. Per Seller approx 1,200 sqft open concrete slab under house is partially enclosed with a possibly unpermitted wall, storage area, and studio "unit" with separate entrance & toilet/shower. Seller states this home is constructed of Southern yellow pine and Cedar with an asphalt shingle roof that is ready to be replaced. With some TLC this might just be your ideal Big Island home in paradise. Distressed Property. Pre Foreclosure. Use Distressed Property Addendum.

126 Kinai Pl, HILO

Listing courtesy of Sherrill A Erickson dba HALE 414.

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