291 Wainaku
Hilo, HI 96720
- – beds
- – baths
- – sqft
- 13,996 sqft lot
Rare Riverfront Property Opportunity in Hilo<br>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.<br><br>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. <br>Whether you’re seeking a residential escape or a commercial venture, this property is bursting with potential. <br><br>Make your dream development a reality—this is a rare find!<br>Unlock Collaborative Potential with a Joint Venture<br>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. <br><br>Permission to enter the property required!!<br>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.<br>Contact the listing agent to learn more.
Last checked:
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Last updated Apr 17, 2025
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MLS# 718440 —
The Building
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Roofed Area Units:Square Feet
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Exterior Area Units:Square Feet
Interior
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Living Area Units:Square Feet
Financial & Terms
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Listing Terms:Cash, Conventional, VA Loan
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Ownership:Full
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Land Tenure:Fee Simple
Location
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Region:South Hilo
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Unparsed Address:291 WAINAKU, HILO, HI 96720
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Longitude:-155.09409966
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Latitude:19.73196714
The Property
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Property Type:Land
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Zoning:RM-10
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Lot Features:Cleared, Flag Lot
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Lot Size Area:13,996 Sqft
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Parcel Number:3260080400000
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Roads:Private
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Topography:Fairly Level,Terraced
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Fencing:Wire
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Elevation Units:Feet
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Frontage Type:River
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Flood Zone:X
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Lava Zone:8
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Waterfront:false
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View:River
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Structures:false
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Agriculture Dedicated:false
Listing Agent
- Contact info:
- Agent phone:
- (808) 430-0021
- Office phone:
- (808) 959-4060
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,852.11
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Tax Lot:B-1-D
Utilities
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Sewer:Cesspool
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Utilities:Cable Available, Electricity Available, Phone Available, Water Available
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Water Source:Public
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Internet Access:Cable, Fiber-Optic, Satellite
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Solid Waste Disposal:None
The Community
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Association Fee Frequency:Monthly
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Pool:false
Parking
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Garage Area Units:Square Feet
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Carport Area Units:Square Feet
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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4/11/25
Apr 11, 2025
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Listed / Active | HISMLS | $365,000 |