491 Iwalani St, Hilo, HI 96720
Local realty services provided by:Better Homes and Gardens Real Estate Hank Correa Realty
491 Iwalani St,Hilo, HI 96720
$650,000
- 3 Beds
- 2 Baths
- 1,038 sq. ft.
- Single family
- Active
Listed by: michelle a jimenez, carol a gristock
Office: iokua real estate
MLS#:733447
Source:HI_HIS
Price summary
- Price:$650,000
- Price per sq. ft.:$626.2
About this home
Embrace true old-Hawaii charm with this captivating 1950s Kamaʻāina plantation home in Hilo, Hawaii. Situated on approximately half an acre, this property offers an ultra-rare lifestyle feature: it borders the Hilo Municipal Golf Course, allowing you to walk directly onto the green right from your own backyard. Rich with Hawai'i plantation character and soul, this classic residence is packed with untapped potential and is ready for the right buyer to restore it to its absolute finest glory.
The upper level of the home features 3 bedrooms and 1 full bathroom, retaining the iconic redwood bones of a traditional plantation build. Hidden beneath years of history are original hardwood floors just waiting to be sanded and refinished into a stunning focal point. Downstairs, the highly functional lower level expands your options exponentially. Complete with a flexible living space, a convenient kitchenette, and a half bath, this lower layout is ideal for hosting extended family, creating a dedicated remote work suite. Or perhaps an interior Gym or excess storage area?
While the home does need some cosmetic renovations and restoration to truly shine, it represents a blank canvas in an unbeatable location. Imagine sipping morning coffee in your Kitchen while looking out over manicured fairway greens, or spending your afternoons practicing your swing just steps from your back door. Property opportunities like this along the Hilo Municipal Golf Course are not common- here is your chance to secure your dream home! Just a few minutes away from Hilo Plaza, Target/Walmart and Puainako Shopping Center. Also- take the upper road to reach Hilo Benioff Medical Center or Kaiser in 10-15 minutes! Bring your contractor, your vision, and your love for vintage Hawaiian Homes to check out this Hilo gem today.
***Requires an appointment to enter property, please do not visit without an agent***...
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Home facts
- Year built:1955
- Subdivision & Development:WAIAKEA HOMESTEADS 1ST SERIES
- Listing ID #:733447
- Added:13 day(s) ago
- Updated:October 21, 2026 at 12:05 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet
- Living area:1,038 sq. ft.
Structure and exterior
- Year built:1955
- Building area:1,038 sq. ft.
- Lot area:0.46 Acres
Utilities
- Sewer:Cesspool
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$626.2
- Tax amount:$267 (2026)
Parking
- Parking description:Attached, Covered
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