282 KAIULANI ST, HILO, HI 96720

Reeds Island | Private Waterfalls, River Frontage, Timeless Design

Listing Provided by: COMPASS
MLS #: 722545

Description

In iconic Reeds Island, along the majestic Wailuku River, this exceptional 3 bed, 3.5 bath home offers direct river frontage, lush rainforest surroundings, and rare views of two year-round waterfalls. Originally designed by renowned Hawai'i architect Virginia B. Macdonald, the home blends classic island architecture with thoughtful modern upgrades.Recent renovations and an extensive remodel added the third bedroom, multi-purpose room, and introduced a range of contemporary improvements including new appliances, five split AC units, and an EcoSmart electric water heater. Soaring ceilings, skylights, original oak and new French oak floors fill the home with natural light and warmth.The new open-concept kitchen features modular cabinetry and sleek stainless finishes paired with panoramic views of the surrounding jungle and waterfalls. Step onto the covered lanai for al fresco dining with the soothing soundtrack of the river just below. Nearly every room enjoys direct views of cascading water and surrounding rainforest.The expansive primary suite is a luxurious sanctuary, complete with a versatile private lounge or den and a spa-inspired en suite bath. The unique semi-outdoor soaking tub invites you to relax under the stars while listening to the waterfalls.Ideally located within walking distance to downtown Hilo, area schools, and Hilo Benioff Medical Center, this home offers convenience without compromising peace or privacy. Reeds Island is a little known, exclusive, and very much sought after non-gated enclave in Hilo. Accessed by a bridge, this is truly and geographically a small island unto itself. Properties here are rarely offered for sale.Don’t miss this extraordinary opportunity to live surrounded by nature, luxury, and convenience in one of East Hawai‘i’s most hidden and desirable neighborhoods.

Property Details

Price: $1,825,000
Sold Price:
Address: 282 KAIULANI ST, HILO, HI 96720
Ownership: Full
Status: Contingent
Category: Residential
Type:

Total Bedrooms: 3
Total Bathrooms: 4
Full Baths: 3
Living Area: 2,692 Square Feet

Listed by: COMPASS
Year Built: 1992
Levels: Two

Features and Amenities

Interior Features: Cathedral Ceilings, High Ceilings, Office, See Remarks, Skylights, Vaulted Ceilings
Exterior Features: Lightning, See Remarks
View: HIS Waterfall, Other, River
Pool:
Pool Features:

Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Washer/Dryer Stacked
Fireplace Features:
Flooring: Hardwood
Security: Closed Circuit Camera(s), Security System, See Remarks, Smoke Detector(s)
Laundry:

Garage Spaces:
Carport Spaces: 2
Parking Features: Attached, Covered
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: REEDS ISLAND
Association Fee: $0 Monthly

Stories:
Year Established:

Lava Zone: 3
Flood Zone: A, X

Land Information

Lot Size: 15,000 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple

Lot Features: Cleared, Dead End, Landscaped, Rocky, See Remarks
Frontage Type: Other, River
Roads: Paved, Private
Roads Frontage Type: Other

Zoning: RS-15
Horse Amenities:

Additional Details

Assessed Tax Value: $940,800
Annual Tax: $10,443
Tax Year: 2024
Tax Lot: 6
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available
Cooling: HIS Air Conditioning, Other, Zoned
Heating: Other, Zoned
Sewer: Cesspool
Water:
Solid Waste Disposal: Other (remarks)

First Listed July 21, 2025, 2:31 pm
Last Updated August 12, 2025, 2:18 pm
Listing Conditions: Fee Simple, Standard
Property Condition: Updated/Remodeled
Financial Info Available:

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