291 Wainaku, Hilo, HI 96720
Local realty services provided by:Better Homes and Gardens Real Estate Rainbow Island Properties
291 Wainaku,Hilo, HI 96720
$365,000
- 0.32 Acres
- Lots / Land
- Active
Listed by: claudia centorame-hagan8084300021
Office: ray kobayashi jr realtor
MLS#:718440
Source:HI_HIS
Price summary
- Price:$365,000
About this home
Rare Riverfront Property Opportunity in Hilo
Discover a unique opportunity to develop a private retreat or a distinctive business space on the Big Island. This flag lot, offering 13,699 sq. ft. within a one-acre, three-lot subdivision, in a RM 10 Zoning for multi-dwelling use, provides exceptional privacy as a rear lot with a private driveway. Enjoy direct, low-bank access to a picturesque stream and a beautiful downstream swimming area. Build your getaway cabin, home, or artist retreat in a truly magical setting.
Located just five minutes from Old Hilo Town and Bayfront Hilo, this property offers convenient access to restaurants, shopping, farmers’ markets, local festivities, and even hot springs.
Whether you’re seeking a residential escape or a commercial venture, this property is bursting with potential.
Make your dream development a reality—this is a rare find!
Unlock Collaborative Potential with a Joint Venture
Adjacent to Lot 40, the owner of the “house property” has also listed that property for sale, providing an opportunity to acquire both lots together. With a A joint venture partner could help develop Lot 40, creating possibilities for a bed & breakfast, retreat center, or picturesque wedding venue. A lot of research has been done with the County, and a strategic development plan is available upon request.
Permission to enter the property required!!
Please respect the property owner’s request for permission before entering. Buyers and their agents are responsible for conducting due diligence and verifying all listing details.
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Home facts
- Listing ID #:718440
- Added:382 day(s) ago
- Updated:March 10, 2026 at 11:32 AM
Structure and exterior
- Lot area:0.32 Acres
- Lot Features:Cleared, Flag Lot
Utilities
- Water:Public, Water Available
- Sewer:Cesspool
Finances and disclosures
- Price:$365,000
- Tax amount:$1,852 (2024)
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