289 Wainaku St
Hilo, HI 96720
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
Discover the rare opportunity to own a spacious 20,000-square-foot lot nestled in the heart of Wainaku, just minutes from Downtown Hilo. Located on 289 Wainaku Street, this expansive property offers direct riverside frontage, creating a serene and scenic setting ideal for residential development.<br><br>Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.<br><br>Zoned RM-10 (Multi-Family Residential), the lot allows for flexible development or business potential – from a custom single-family residence to a multi-unit investment property (subject to county approval). Enjoy the lush surroundings, gentle river sounds, and mature tropical landscape that give this parcel a truly peaceful, retreat-like feel.<br><br>With utilities nearby (500 Amp Underground Electric Installed / 1 Water Meter) and paved road access, this is a unique chance to develop in one of Hilo’s most desirable neighborhoods. (Topographic study and soil studies done) Whether you're a builder, investor, or visionary homeowner, this Wainaku lot offers incredible potential and natural beauty.<br><br>Buyer Option: Seller is willing to convey her non profit company which has been by the current owner for tax deductions and lower taxes.
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Last updated Jul 16, 2025
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MLS# 722190 —
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
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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:289 WAINAKU ST, HILO, HI 96720
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Longitude:-155.09372572
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Latitude:19.73193329
The Property
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Property Type:Land
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Zoning:RM-10
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Lot Features:Cleared, Interior Lot
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Lot Size Area:20,000 Sqft
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Parcel Number:3260080220000
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Roads:County
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Topography:Terraced
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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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Structures:false
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Agriculture Dedicated:false
Listing Agent
- Contact info:
- Agent phone:
- (808) 557-2613
- Office phone:
- (808) 961-3300
Taxes
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Tax Year:2024
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Tax Annual Amount:$100
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Tax Lot:B-1-C-1`
Utilities
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Sewer:None
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Utilities:Electricity Available, Underground Utilities
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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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7/10/25
Jul 10, 2025
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Listed / Active | HISMLS | $550,000 | 633.3% (66.0% / YR) |
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12/8/15
Dec 8, 2015
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HISMLS | $75,000 |
