287 Wainaku St, Hilo, HI 96720

Discover the unique charm of this riverfront property on the scenic Pukihae Stream, just a short stroll from Downtown Hilo. Tucked within a peaceful three-lot subdivision, this is the only existing home—perfectly positioned for abundant sunshine, cooling breezes, and rare privacy.<br><br>Enjoy parking for 2–4 vehicles and rare low-bank access to the stream, where you can step directly into the water and relax in your own serene swimming area. This magical retreat offers exceptional potential—whether as a personal residence, a lucrative rental, or an expanded development opportunity thanks to its multi-family zoning and additional uses permitted by the County.<br>|The adjacent partially developed parcel, “Lot 40,” is also available. Purchasing both properties together could create an ideal estate property with prime development potential. |<br>- Seller is motivated—don’t miss this opportunity! <br><br>Just five minutes on foot from the vibrant heart of Old Hilo Town, you’ll be close to … read more …