360 KAUILA ST, #201, HILO, HI 96720

Move In Ready! Successful Short-Term Rental

Listing Provided by: Salt Water Real Estate LLC
MLS #: 732041

Description

Experience the charm of Hilo from this beautiful passive income vacation rental, turnkey condominium at Wainaku Terrace. This desirable corner unit offers privacy, abundant natural light, and an inviting open floor plan designed for effortless island living. Wake each morning to lush tropical surroundings and the peaceful sounds of a nearby stream while enjoying coffee from the spacious enclosed lanai. Thoughtfully furnished and successfully operating as a vacation rental, this 2-bedroom, 1.5-bath residence presents an exceptional opportunity. Ideally located just blocks from downtown Hilo, you'll enjoy convenient access to local cafés, restaurants, shopping, farmers markets, and some of the Big Island's most breathtaking natural attractions. Community amenities include a sparkling pool, on-site resident manager, assigned parking, and comprehensive HOA services that simplify ownership. Whether you're expanding your investment portfolio or searching for your own piece of paradise, this move-in-ready condo offers the perfect combination of comfort, convenience, and island lifestyle.

Property Details

Price: $275,000
Sold Price:
Address: 360 KAUILA ST, #201, HILO, HI 96720
Ownership: CPR
Status: Active
Category: Residential
Type:

Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 1
Living Area: 706 Square Feet

Listed by: Salt Water Real Estate LLC
Year Built: 1973
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View:
Pool: Yes
Pool Features: In Ground

Appliances: Microwave, Range, Range Hood, Refrigerator
Fireplace Features:
Flooring: Carpet
Security:
Laundry:

Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:

Community Information

Project Name: WAINAKU TERRACE
Subdivision Name: PUUEO
Association Fee: $820 Monthly

Stories:
Year Established:

Lava Zone: 8
Flood Zone: X

Land Information

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

Lot Features:
Frontage Type:
Roads: County
Roads Frontage Type:

Zoning: RM-1
Horse Amenities:

Additional Details

Assessed Tax Value: $214,800
Annual Tax: $2,767
Tax Year: 2025
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Other (remarks)

First Listed July 21, 2026, 3:18 pm
Last Updated July 21, 2026, 3:18 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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