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441 Mohouli St Unit A & B, HILO
$1,195,000
8 Beds ⋅ 5 Baths ⋅ 734458 MLS ⋅ ['Fee Simple'] Tenure
Two beautiful homes on one rare grandfathered parcel in one of Hilo's most convenient neighborhoods. Set on an 18,024sf lot, this property offers the flexibility few Hawaii listings can match: comfortable multi-generational living or a diversified income portfolio with three distinct income streams. The front home, lovingly known as The Pineapple Retreat, was built in 1950 and refreshed in 2022. It's a welcoming traditional island style home with Hilo Bay views from the primary living areas. Below, an independent basement studio with its own private entrance, kitchenette, bathroom (and fallout shelter!) enjoys a stable longer-term tenancy - or easily combine the 2 units back to the original status to create a 4 bedroom, 2 bathroom single family home. The rear residence, Hilo Bayview, was built in 1980 and was fully renovated in 2021. Enjoy sweeping island vistas and trade-wind breezes from its upper living spaces, along with generous bedrooms and modern finishes throughout. The 4 bedrooms and 3 bathrooms are complemented by an office, storage area, and a home theater room. Both homes come fully furnished and currently operate successfully as short-term rentals, earning great guest reputations. From January 2027, the rear residence could continue as a 3 bedroom hosted Transient Vacation Rental (TVR) under the new Hawaii County code, with the on-site long-term co-host living in the front residence basement studio. Conditional approval has been granted with certificate BBR-00084. The front residence upstairs can be operated as a longer-term, 6 month minimum lease. A new septic tank system was installed in 2022. Minutes from downtown Hilo, farmers market, bayfront parks, restaurants, shopping, and the airport, 441 Mohouli balances island charm with a genuine investment opportunity. Enjoy a 3D walkthrough and floor plans at:- https://my.matterport.com/show/?m=q9Kz3uVZhmV&brand=0 Please do not disturb guests.

441 Mohouli St Unit A & B, HILO

Listing courtesy of David Hubbard - Sole Proprietor.

1360 Kaumana Dr, HILO
$830,000
6 Beds ⋅ 3 Baths ⋅ 734089 MLS ⋅ ['Fee Simple'] Tenure
Two renovated residences on a cleared and improved 0.70-acre lot in Kaumana, offering flexibility for residential use, guest accommodations, or potential rental opportunities, subject to applicable laws, regulations, and permits. Conveniently located with access to Saddle Road and Hilo, while situated in the cooler elevation of Kaumana. The main residence offers approximately 2,000 sq. ft. with 4 bedrooms and 2 bathrooms. Improvements include a renovated kitchen and bathrooms, new flooring, plumbing, windows, water heater, interior and exterior paint, and an updated open-concept layout. Windows throughout the home capture views of the surrounding tropical landscape. The second residence offers approximately 800 sq. ft. with 2 bedrooms and 1 bathroom. Updates include a remodeled kitchen and bathroom, new flooring, water heater, and interior and exterior paint. The property is set back from the roadway and includes a seasonal stream along the rear boundary. The lot has been cleared with select trees removed to improve usability while retaining established tropical vegetation. Convenient access to Hilo shopping, dining, services, and other everyday amenities. Buyer and buyer’s agent to independently verify all property details, permitted uses, square footage, improvements, and any applicable requirements with the appropriate authorities.

1360 Kaumana Dr, HILO

Listing courtesy of eXp Realty.

1303 Kalanianaole Ave Unit 12, HILO
$1,999,888
12 Beds ⋅ 12 Baths ⋅ 734068 MLS ⋅ ['Fee Simple'] Tenure ⋅ Plumeria Apartments BLDG.
Amazing opportunity to own a one of a kind Hotel V-zoned -12 studio unit vacation rental along the beach corridor in Hilo , Hawai'i located just up the street from Chalk's Beach. Build your own Multi use options: - Live on property and self manage up to 10 vacation rental studios - Or live offsite and self manage for rental revenue. - Purchase as investment with hands off rental with current turnkey management - Own your own condo complex- Purchase and sell off individual units - All have a separate CPR /TMK numbers - Rent both long and/or short term The possibilities are tremendous!!! Currently there are 10 STVR permits, One unit used as office and laundry and one as a expandable lock out unit. 7 units are currently in vacation rental program and 4 being used a long term rentals. Do not miss this one-of-a-kind opportunity to build your legacy in Hawaii. . One Seller holds an active real estate license in the State of California.

1303 Kalanianaole Ave Unit 12, HILO

Listing courtesy of COMPASS.

2637 Kaiwiki Rd, HILO
$849,000
7 Beds ⋅ 4 Baths ⋅ 733518 MLS ⋅ ['Fee Simple'] Tenure
Two Homes on 1.16 Acres in Rural Kaiwiki, Near Hilo Here's a rare find, two homes on one gorgeous 1.16-acre parcel in quiet, cool Kaiwiki, just a short drive from Hilo. The main home is a spacious two-story with open beams and four bedrooms, with ocean horizon views from the living room, kitchen, and lanai. There's a local park about a mile down the road, and the grounds themselves are a big part of the appeal including many areas for planting and gardening. This property is currently mid-renovation. Some areas have already been remodeled while others have been prepped and are ready for the next phase with all carpets having been pulled out. There's still work to do to get it back to full living condition, but that also means there's a real opportunity here to finish it out exactly how you want. The first home is a 1959 plantation-style home with three bedrooms and a lot of character. A new roof was added in February 2017, and the ocean horizon views over Hilo from the living areas and front of the property are hard to beat. The second home was built in 1994 and offers those same ocean horizon views from the living room, dining area, and kitchen. It's solid wood construction with an open-beam living area and vaulted ceilings that give it a really airy feel. The kitchen is generously sized with a breakfast bar that opens right up to the dining area. The primary suite gets tons of natural light from its windows, has a bathroom with a long counter, a walk-in closet, and even an extra nook with yard views. There's also a full garage with laundry, and one of the bedrooms is conveniently located downstairs.

2637 Kaiwiki Rd, HILO

Listing courtesy of Real Broker.

256 Kapiolani St, HILO
$3,249,000
30 Beds ⋅ 15 Baths ⋅ 732420 MLS ⋅ ['Fee Simple'] Tenure
Fantastic Turnkey Multifamily INCOME Property in Hilo Opportunity Zone. An exceptional investment opportunity located near downtown Hilo. This professionally managed 15-unit apartment building features 15 onsite parking stalls and consists entirely of 2-bedroom, 1-bathroom units (approx. 660 sq. ft. each, totaling 9,900 sq. ft. of living area). Tenants enjoy ocean views from the second and third-floor walkways and a newly installed on-site laundry facility. The building has undergone extensive, high-quality capital improvements. All 15 units boast fully remodeled interiors with brand-new flooring, fresh paint, and completely updated bathrooms. The modernized kitchens include new cabinetry, quartz countertops, new refrigerators, stove hoods, and individual water heaters. Major structural and systemic upgrades provide immediate peace of mind for the new owner. All exterior walkways and stairways have been completely rebuilt. Crucial plumbing updates include a newly replaced main sewer line to the County road and new under-slab main floor sewer lines. Located in a highly desirable Opportunity Zone, this turnkey asset is perfectly positioned for a seamless transition. NDA required to review financials.

256 Kapiolani St, HILO

Listing courtesy of Sherrill A Erickson dba HALE 414.

1186 Kinoole St, HILO
$599,900
7 Beds ⋅ 4 Baths ⋅ 733211 MLS ⋅ ['Fee Simple'] Tenure
Classic Hilo home offering over 3,000 square feet of living area with a flexible multi-level layout. The upper level features 3 bedrooms and 2 bathrooms, while the finished basement provides an additional 4 bedrooms and 1 bathroom. The property also includes an oversized carport and a separate studio with its own bathroom and kitchenette. Situated on a spacious 18,960 square foot lot with grassy areas and mature trees, the property features rock wall work, fencing, and large windows that provide abundant natural light throughout the home. The separate studio provides additional space for guests, extended household use, workspace, or other potential uses, subject to applicable requirements. Conveniently located within approximately one mile of the University of Hawaiʻi at Hilo, with shopping, dining, services and other Hilo amenities nearby. Buyers and their agents are advised to conduct their own due diligence regarding property condition, permitted uses, square footage and applicable county requirements. Purchasers may use any lender they chose to finance the purchase of a property. However, the seller requires that all non-cash offers must be pre-qualified by New Rez Home Loan Division prior to offer acceptance. Some photos have been virtually staged.

1186 Kinoole St, HILO

Listing courtesy of Savio Realty Ltd. - Hilo Office.

77 Silva St, HILO
$850,000
6 Beds ⋅ 5 Baths ⋅ 733014 MLS ⋅ ['Fee Simple'] Tenure
MOTIVATED SELLER | Rare Mixed-Use Investment Opportunity Exceptional property offering dual income potential in Keaukaha's Warehouse Lots subdivision. Upper level features a 4-bedroom, 1.5-bath home (approx. 1,824 sqft). Lower level includes 8 separate storage/closet areas, a studio with kitchenette, and an additional room (approx. 1,107 sqft total). Attached commercial warehouse with auto repair shop setup: front bay approx. 2,775 sqft, second-level warehouse space approx. 920 sqft, and covered rear lanai. Total property offers 6,600+ sqft of covered area. Unique offering. Seller may include tools and equipment. Perfect for investor, owner-operator, or multi-use vision. Verify all material facts; square footage may vary from county records.

77 Silva St, HILO

Listing courtesy of Real Broker.

446 Ainalako Rd, HILO
$1,199,000
6 Beds ⋅ 5 Baths ⋅ 730393 MLS ⋅ ['Fee Simple'] Tenure
TROPICAL MULTI-HOME OASIS – TWO HOMES ON 1 ACRE IN HILO Discover a rare opportunity to own a beautifully maintained one-acre tropical oasis featuring two separate homes, offering exceptional flexibility for multi-generational living, extended family, guests, a private retreat, or potential rental use. The main residence is a stunning 2-story, 4-bedroom, 3-bath home with 2,603 sq. ft. of living space. Vaulted ceilings, skylights, and abundant windows fill the home with natural light. Beautiful koa cabinetry and quality wood craftsmanship add warmth and character throughout, while the chef's kitchen is perfect for gathering and entertaining. Lanais on both levels create wonderful indoor-outdoor living spaces. The second residence offers 2 bedrooms, 2 baths, and 1,224 sq. ft., featuring vaulted ceilings, spacious bedrooms, natural light, and lanais. Together, the two homes provide approximately 3,827 sq. ft. of living space. The grounds are a true tropical treasure, meticulously maintained with 30+ mature, fruit-producing trees, including lychee, mangosteen, mango, and much more. Enjoy privacy, beauty, and the abundance of growing your own tropical fruit. Additional features include a storage building with electric, complete fencing, and an automatic gate for added privacy and security. PROPERTY HIGHLIGHTS • 1 Acre • 2 Separate Homes • 6 Bedrooms | 5 Bathrooms • Approx. 3,827 Sq. Ft. Combined • Main Home: 4 BD / 3 BA / 2,603 Sq. Ft. • Second Home: 2 BD / 2 BA / 1,224 Sq. Ft. • Vaulted Ceilings & Skylights • Chef's Kitchen & Koa Cabinetry • Beautiful Wood Craftsmanship • Multiple Lanais • Abundant Natural Light • 30+ Fruit-Producing Trees • Lychee, Mangosteen, Avocado & More • Paid off solar system!! • Completely Fenced • Automatic Gate Two homes. One acre. Great location. Endless possibilities.

446 Ainalako Rd, HILO

Listing courtesy of Coldwell Banker Island Properties - Kamuela.

2133 Kinoole St, HILO
$535,000
6 Beds ⋅ 2 Baths ⋅ 731812 MLS ⋅ ['Fee Simple'] Tenure
Opportunity meets versatility in this centrally located Hilo property just off of Kinoole St. near Kawailani. With 6 bedrooms and 2 bathrooms, this home is ideal for multi-generational living, savvy investors, or owner occupants looking to offset mortgage with rental income. Designed for flexibility, the home can function as two separate living spaces or one expansive residence, featuring an interior connection between levels, along with private exterior entrances for each floor. The upstairs has been updated and includes a full kitchen with all stainless kitchen appliances, a gas stove and plenty of cross through breeze to create a bright and welcoming dining room space. Downstairs includes a large main living area, three bedrooms, one large bathroom, and a convenient kitchenette with a refrigerator, freezer, microwave, toaster oven, and portable cook top--ideal for extended family guest or flexible living arrangements. The fully fenced large lot provides both privacy and functionality, with ample parking and special outdoor features. The solid outdoor picnic table is a great place to enjoy the property and a great place for pau hana with friends/family is around the custom lava rock BBQ and waterfall/pond feature. Multiple, well constructed dog kennels are in place on the side of the home. The kennels can easily become individual locked storage areas, if that is preferred. The grassy yard is a wonderful aspect of this property. Great for gatherings and gardening or simply a place to let your kids/pets play. Located just minutes from UH Hilo, great public schools, shopping and dining, this property combines everyday convenience with exceptional flexibility --making it a rare opportunity with both lifestyle and investment appeal.

2133 Kinoole St, HILO

Listing courtesy of Salt Water Real Estate LLC.

1896 Kalanianaole St, HILO
$1,950,000
9 Beds ⋅ 4 Baths ⋅ 731841 MLS ⋅ ['Fee Simple'] Tenure
This towering plantation-era residence features old Hawaiʻi lodge-style architecture and an incredible location near Hilo’s most popular shoreline recreation areas. Built in 1934, the property is a highly sought-after hosted vacation rental, with an impressive track record of both income and occupancy. Positioned on a 31,500+ square foot parcel, the nine-bedroom / four-bath residence offers 6,500+ square feet of usable area and a sense of scale rarely found in Hawaiʻi. The heart of the home is an immense two-story great room, featuring soaring pitched ceilings, warm wood walls, arched openings, and a grand staircase that creates an immediate sense of arrival. Generous gathering areas, screened lanais, and flexible guest accommodations support a variety of uses, from continued hospitality operations to a one-of-a-kind private residence. Features - 9 bedrooms / 4 baths - 6,500+ sqft under roof - 31,523 sqft lot - RS-15 zoning - Plantation-era Hawaiian lodge architecture, built in 1934 - Close proximity to oceanfront parks and beach access - Soaring two-story great room with grand dual staircase - Large kitchen and generous dining area - Flexible guest accommodations across multiple levels - Screened lanais for indoor/outdoor living -Fully dedicated caretaker quarters - Tropical landscaping and private setting - High-performing, high-occupancy vacation rental Built nearly a century ago, the home's current square footage estimates do not match county tax or permit records and may contain discrepancies. Buyers and agents to perform their own due diligence. Please do not disturb occupants. Financials available upon request with signed NDA.

1896 Kalanianaole St, HILO

Listing courtesy of COMPASS.

120 Woa Rd, HILO
$7,999,999
8 Beds ⋅ 8 Baths ⋅ 731551 MLS ⋅ ['Fee Simple'] Tenure
Set on 9.63 acres outside Hilo, this furnished 8-bedroom, 8-bath estate combines ocean views, agricultural land, handcrafted architecture, and flexible living across three levels. The custom teak residence offers 7,270 sqft of living area, 3,577 sqft of covered lanais. Currently operating as a BnB, suited for hosted accommodations, retreats, multi-generational living, or private guest use. Major 2020–2024 renovation, the home includes updated plumbing, electrical, Andersen insulated windows and sliders, new fixtures, split A/C in every bedroom and living area, and a new metal roof. Inside the home: - Split A/C in every bedroom and living area - Custom woodwork, including teak, koa, rainbow eucalyptus, monkeypod, robusta, ironwood, and silky oak - Hand-carved full-wall sculptures, live-edge details, island wood inlays, murals, and custom artwork - Granite counters, custom cabinetry. - Porcelain and stone showers, double vanities, soaking tub, and walk-in showers - Laundry room on each level - Game room Outside the home: - 3,577 sqft across 5 covered lanais - 720 sqft garage - Glass bridge over a lava-stamped koi pond - Custom rock walls and handcrafted gated entrance - Jacuzzi and surfboard-style outdoor shower - Panoramic ocean and sunrise views Farm, shop, and land features: - 2,430 sqft barn/shop and wood mill - 8 fenced paddocks, some with shelters - Mature edible landscaping including mango, citrus, lychee, guava, avocado, banana, papaya, ulu/breadfruit, starfruit, pomegranate, white pineapple, and more - A waterfall with swimming hole along the property line. - A list of plants, animals, and a full features list is available. Located minutes from Honoli‘i Beach Park. Featured on Staycation Hawaii: Building Aloha. Video Tour: https://player.vimeo.com/video/1098413866

120 Woa Rd, HILO

Listing courtesy of NextHome Paradise Realty.

2133 Kinoole St, HILO
$535,000
6 Beds ⋅ 2 Baths ⋅ 731131 MLS ⋅ ['Fee Simple'] Tenure
Opportunity meets versatility in this centrally located Hilo property just off of Kinoole St. near Kawailani. With 6 bedrooms and 2 bathrooms, this home is ideal for multi-generational living, savvy investors, or owner occupants looking to offset mortgage with rental income. Designed for flexibility, the home can function as two separate living spaces or one expansive residence, featuring an interior connection between levels, along with private exterior entrances for each floor. The upstairs has been updated and includes a full kitchen with all stainless kitchen appliances, a gas stove and plenty of cross through breeze action to create a bright and comfortable primary living area. Downstairs includes three bedrooms, one large bathroom, and a convenient kitchenette with a refrigerator, freezer, microwave, toaster oven, and portable cook top--ideal for extended family guest or flexible living arrangements. The fully fenced lot provides both privacy and functionality, with ample parking and standout outdoor features. Enjoy a peaceful pond, a custom lava rock BBQ area, built in picnic table, multiple dog kennels or storage areas and a grassy yard, perfect for family fun, pets and or gardening. Located just minutes from UH Hilo, great public schools, shopping and dining, this property combines everyday convenience with exceptional flexibility --making it a rare opportunity with both lifestyle and investment appeal.

2133 Kinoole St, HILO

Listing courtesy of Salt Water Real Estate LLC.

1940 Kaumana Dr, HILO
$850,000
9 Beds ⋅ 4 Baths ⋅ 731095 MLS ⋅ ['Fee Simple'] Tenure
Rare Multi-Unit Income Opportunity in the Heart of Hilo Versatile three-unit property on a generous 22,500 sf RS-10 lot with potential for subdivision. The front duplex offers two spacious 3-bedroom/1-bath units, one upstairs and one downstairs, while a detached 3-bedroom/2-bath home sits privately at the rear. In total, approximately 3,200 sf of rentable living area, plus a centrally located 3-car garage. Each building has its own separate water and electric meters, making multi-tenant management simple. Two units are currently tenant-occupied and generating income. The vacant back house is ready for an owner-occupant or a new tenant, offering immediate flexibility and strong upside as units turn. Additional value-add potential: the seller obtained carport permits for the front and rear of the property (not yet built; may still be valid) and previously explored subdividing the lot with separate access off Pala Lane. RS-10 zoning may allow subdivision. Buyer to verify with the County of Hawai'i Planning Department. Whether you're looking to live in one unit while renting the others or seeking a pure investment play, this property delivers, all in a convenient, established Hilo neighborhood just minutes from town. Sold AS-IS. Buyer and buyer's agent to verify all information.

1940 Kaumana Dr, HILO

Listing courtesy of Rock Realty LLC.

272 Lama St, HILO
$1,349,000
9 Beds ⋅ 5 Baths ⋅ 725751 MLS ⋅ ['Fee Simple'] Tenure
Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering approximately 2.72 acres of usable land. County records reflect two residential buildings totaling 9 bedrooms and 5 baths, with approximately 5,208 sq. ft. of living area. The larger residence includes 5 bedrooms and 3 baths, while the secondary residence includes 4 bedrooms and 2 baths, offering exceptional flexibility for multi-generational living, guest accommodations, home-based business use, gardening, farming, and recreation. Thoughtful improvements have been completed throughout the property following a recent pre-listing inspection. The main residence features interior & exterior repainting, roof & eave repainting, refreshed accent walls, updated fixtures, GFCI electrical upgrades in multiple areas, screened openings, walkway improvements, and a new exterior railing installed in August 2026. The secondary dwelling has also benefited from substantial improvements, including new vinyl flooring, interior & exterior paint, roof & eave repainting, updated fixtures, a new entry railing, patio improvements, new screens, plumbing and electrical repairs, and GFCI upgrades in the kitchen & bath areas. In August 2026, approximately 180 feet of water line was replaced from the T near the greenhouse/loading dock to the area by the rear dwelling. With two homes, three assigned street addresses, generous open space, and a convenient Panaewa location just minutes from Hilo town, shopping, schools, and parks, this property presents a unique opportunity with exceptional space and versatility.

272 Lama St, HILO

Listing courtesy of Hara Chun Realty, LLC.

16 Haaheo Rd, HILO
$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.

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