289 WAINAKU ST HILO, HI 96720

  • $675,000
Hilo, South Hilo
  • 20000
  • Lot sqft
  • 667872
  • MLS#
For Sale

289 WAINAKU ST HILO, HI 96720

Hilo, South Hilo
  • $675,000

Description

All offers considered! Magical waterfront lot you must see to believe! This listing only represents the middle lot. The sweet spot. This is an exclusive private 3 lot subdivision. This property is zoned RM-10. Which means you can do a bed & breakfast with up to five bedrooms attached or detached. You can also CPR the lots and sell one of the lots or build two separate luxurious homes and you can still do a bed & breakfast or short term rentals. This is a rare find and it’s worth more than a residential lot. Because of the huge potential. This lot is so unique there are no comparables. We are the only lot to our knowledge that is Lowbank waterfront that provides easy access to the riverfront stream for swimming and within walking distance of Old Hilo Town. It’s landscaped like a botanical garden. Seller has already invested over $450,000 in improvements. Including terracing the hillside, landscaping, built a deck along the waterfront, staircase, beautiful sitting and eating areas, a flowered cover trellis along the river. Become a part of Hawaii’s history. This is Royal Hawaiian land that was originally owned by King Kamehameha’s granddaughter and she was on one of the first Hawaiian stamps. You would be the fifth owner of this Royal land. The peaceful sounds of the river flowing, birds singing are both relaxing and inspiring. Come and see the possibilities. All information deemed to be true but not guaranteed. Buyer and buyer’s agent to due their due diligence and verify.

  • Address 289 WAINAKU ST HILO, HI 96720
  • City Hilo
  • Zip/Postal Code 96720
  • Area South Hilo

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Details

Updated on September 14, 2023 at 4:57 pm
  • Price: $675,000
  • Land Area: 20000 sqft
  • Property Type: Land
  • Property Status: For Sale
  • MLS#: 667872
  • Office Name: SAVVY REALTY & LOANS
  • MLS Status: Active
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Contact Penn Henderson - Kona Realtor in Hawaii
MAHALO FOR DROPPING BY!
Big Island Real Estate - Kona, Hawaii

WOULD YOU LIKE ME TO HELP WITH YOUR SEARCH?

I excel at locating ideal Big Island properties specific to your needs and unique lifestyle.

100% Hustle.

No Gimmicks. No Hassles. No Fees.

Just a Few Questions (3-Minutes)