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Key Facts

$1,200,000

$1,500,000 · Price reduced

ActiveListed July 1, 2025

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Description

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.

Property Information

Property Type

Land

Ownership

Full

Zoning

A-3A

MLS® Listing#

717284

Property Features

Lot Features

WoodedLevelGentle Sloping

Utilities

Electricity AvailableWater Available

Sewer

None

Water Source

Public

Financial Details

HOA

Yes

Annual Taxes

$4,652

Tax year 2024

Assessed Value

$502,000

Parcel Number

3240040420000

Affordability Calculator

Home Price

Down Payment

$240,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$6,387/mo

Principal $960,000 · Est. interest $1,339,285 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Hilo, HI

$602,632
Median Listing Price: 88
Median Days on Market: 1,333
Median Sq Ft: $419
Median Price / Sq Ft: 133
Active Listings

This home’s price is 99% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Hilo, HI.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
955 KUKUAU ST, Hilo, HI	$845,000	2	2	1,350
1940 KAUMANA DR, Hilo, HI	$850,000	9	4	3,194
557 KUPULAU RD, Hilo, HI	$850,000	5	2	1,656
99 ELM DR, Hilo, HI	$850,000	5	3	2,304
89 KAMALII ST, Hilo, HI	$850,000	3	3	2,076
1360 KAUMANA DR, Hilo, HI	$880,000	6	3	2,828

Moving Cost Estimate

Listing Courtesy: COMPASS - 8087474742

Presented by: Nate Gaddis