291 WAINAKU, HILO, HI 96720
Unique River Lot. Views of forest and Pukihae Stream.
Listing Provided by: Ray Kobayashi Jr REALTOR
MLS #: 718440
MLS #: 718440
Description
Rare Riverfront Property Opportunity in HiloDiscover 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 us, 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.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. Whether you’re seeking a residential escape or a commercial venture, this property is bursting with potential. Make your dream development a reality—this is a rare find!A Truly Rare Find and Exceptional OpportunityThis property represents an extraordinary investment opportunity with substantial equity growth potential through real estate development and future income generation. Unlock Collaborative Potential with a Joint VentureAdjacent 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. Permission to enter the property Required!!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.Contact the listing agent to learn more, schedule a showing, and explore potential joint venture opportunities.
Property Details
Price: $365,000
Sold Price:
Address: 291 WAINAKU, HILO, HI 96720
Ownership: Full
Status: Active
Category: Land
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Address: 291 WAINAKU, HILO, HI 96720
Ownership: Full
Status: Active
Category: Land
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Listed by: Ray Kobayashi Jr REALTOR
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Lot Size: 13,996 Square Feet
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Zoning: RM-10
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Additional Details
Assessed Tax Value: $158,300
Annual Tax: $1,852
Tax Year: 2024
Tax Lot: B-1-D
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First Listed February 19, 2025, 9:05 am
Last Updated February 20, 2025, 8:20 am
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