289 Wainaku St, Hilo, HI 96720
Local realty services provided by:Better Homes and Gardens Real Estate Island Lifestyle
289 Wainaku St,Hilo, HI 96720
$525,000
- 0.46 Acres
- Lots / Land
- Active
Listed by: jeff calley
Office: corcoran pacific properties
MLS#:732996
Source:HI_HIS
Price summary
- Price:$525,000
About this home
So rare to find stream-front building lots in Hilo that feel like it's hidden in the mountains. Less than 5 minute drive into downtown Hilo, this gorgeous vacant lot sits on Pukihae Stream.
Reference Photos in listing reflect the property in its heyday. Jungle does what jungle does & is slowly being reborn. It's just waiting for a visionary to give it a good manicure or further develop & build new homes or business?
A Narnia-like vision for the potential charm of this property is reflected in many attached photos. Some of the photos depict lot as it had been before the forest reclaimed improvements (concrete pads, sidewalks and retaining walls are overgrown). A blank canvas with exceptionally beautiful composition.
Property located between the two other subdivision lots. Legal easements of record are in place for roadway access and utilities to Wainaku Street. Electric transmission line installed; county water transmission line partially installed in easement area on abutting roadside lot to Wainaku Street but additional installation needs to be arranged; Driveway is located within roadway easement located on flagpole portion of the rear subdivision lot. Installation of driveway onto property from the flagpole easement remains to be arranged; Additional parking options along Wainaku Street and on abutting roadside lot are possible; Includes and subject to shared recreational streamside easement. Subdivision bylaws including for maintenance of recreational easement area exist but contain disputed provisions that new owners encouraged to work with the other subdivision owners to update.
Seller reports the property's provenance includes being previously owned by the sister of King Kamehameha IV.
A good weed whacker & some sweat equity could turn it back into its delightful self. Verification of potential and all due diligence is the responsibility of Buyers and their Realtors®.
MLS 732996...
Contact an agent
Home facts
- Listing ID #:732996
- Added:7 day(s) ago
- Updated:October 08, 2026 at 12:11 PM
Structure and exterior
- Lot area:0.46 Acres
- Lot Features:Rim Lot, Wooded
Finances and disclosures
- Price:$525,000
- Tax amount:$200 (2026)
New listings near 289 Wainaku St
- New
$290,000Active0.22 Acres792 Iolani St, Hilo, HI 96720
MLS# 733393Listed by: EXP REALTY - New
$215,000Active-- beds 1 baths496 sq. ft.355 Kalanianaole Ave #327, Hilo, HI 96720
MLS# 733239Listed by: JADE DREAM PROPERTIES, LLC - New
$350,000Active0.73 Acres74 Chong St, Hilo, HI 96720
MLS# 733496Listed by: CG HAWAII REALTY CORP. - New
$207,500Active-- beds 1 baths496 sq. ft.355 Orchid Manor #304, Hilo, HI 96720
MLS# 733530Listed by: JADE DREAM PROPERTIES, LLC - New
$500,000Active3 beds 2 baths1,058 sq. ft.1704 Kinoole St, Hilo, HI 96720
MLS# 733898Listed by: EXP REALTY
Listed by BHGRE$880,000Pending3 beds 3 baths1,860 sq. ft.1564 Mailani St, Hilo, HI 96720
MLS# 729978Listed by: BETTER HOMES AND GARDENS REAL ESTATE HANK CORREA REALTY- New
$495,000Active3.17 Acres4049 Lanipolua Place, Hilo, HI 96720
MLS# 733928Listed by: CHRIS BRILHANTE REALTY, INC. - New
$969,000Active3 beds 2 baths1,610 sq. ft.2668 Kuku Street, Hilo, HI 96720
MLS# 733310Listed by: CHRIS BRILHANTE REALTY, INC. - New
$615,000Active3 beds 2 baths1,115 sq. ft.445 Iwalani Street, Hilo, HI 96720
MLS# 202617693Listed by: COLDWELL BANKER ISLAND PROP - New
$799,000Active3 beds 3 baths1,728 sq. ft.1184 Launa St, Hilo, HI 96720
MLS# 733285Listed by: EXP REALTY