420 Ainalako Rd, Hilo, HI 96720

Local realty services provided by:Better Homes and Gardens Real Estate Rainbow Island Properties
420 Ainalako Rd,Hilo, HI 96720
$1,300,000
  • 6 Beds
  • 4 Baths
  • 2,888 sq. ft.
  • Multi-family
  • Active
Listed by: amber l.h. chandler8083838408
Office: iokua real estate
MLS#:723644
Source:HI_HIS

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$450.14

About this home

Interested in a successful, income producing, multi-unit property just outside of historic and vibrant Hilo town? Looking for acreage on a well-maintained, beautifully landscaped, fenced lot? Perhaps a country estate, private compound or tranquil oasis is what you seek? If so, look no further, as this property offers infinite possibilities! Situated on 1.14 acres in the upper elevations of Hilo, this special property offers multiple permitted structures - including a main home and Ohana cottage, an oversized warehouse and separate storage/flex buildings. Multiple tenants currently call this property home so it could continue to be used as a thriving rental or an alternative opportunity, the owners had previous plans for the construction and operation of a multi-unit independent elderly care facility. With beautifully crafted tongue & groove open beam ceilings, the main home is airy and bright, boasting an open floor plan, perfect for gathering and entertaining. The cheerful living

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Home facts

  • Year built:1986
  • Listing ID #:723644
  • Added:162 day(s) ago
  • Updated:February 14, 2026 at 12:28 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,888 sq. ft.

Structure and exterior

  • Year built:1986
  • Building area:2,888 sq. ft.
  • Lot area:1.14 Acres

Utilities

  • Sewer:Cesspool

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$450.14
  • Tax amount:$10,265 (2025)
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

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