Halepuna Homes with Fee Simple Land tenure

Welcome to Halepuna, a hidden gem nestled in the heart of Hilo, Hawaii. This enchanting neighborhood offers a unique blend of natural beauty, cultural richness, and a welcoming community atmosphere. With its lush landscapes and stunning ocean views, Halepuna is a paradise for nature lovers and those seeking a tranquil lifestyle.

One of the standout features of Halepuna is its commitment to homeownership through fee simple land tenure. This means residents enjoy complete ownership of their property, providing a sense of stability and investment that is often hard to find in other regions. Whether you’re a first-time buyer or looking to downsize, the homes in Halepuna cater to a variety of tastes and needs, from charming single-family residences to modern retreats.

Living in Halepuna means immersing yourself in the vibrant culture of Hilo. The neighborhood is conveniently located near local markets, artisanal shops, and delightful eateries that showcase the best of Hawaiian cuisine. Residents can take advantage of the nearby parks and walking trails, perfect for enjoying the stunning tropical scenery and the refreshing coastal breeze.

Community events and gatherings foster a strong sense of connection among neighbors, making Halepuna not just a place to live, but a place to belong. Whether you're watching the sunset from your lanai or exploring the lush surroundings, Halepuna offers an idyllic lifestyle that captures the essence of island living. Come discover your dream home in this captivating neighborhood and experience the warm embrace of Hilo's community spirit!

Newest Halepuna Homes with Fee Simple Land tenure

$789,000

6 Beds ⋅ 5 Baths ⋅ 721532 MLS ⋅ ['Fee Simple'] Tenure

HUGE PRICE REDUCTION! Price reduced aggressively for a quick, as-is sale! Ocean-view 6-bedroom Hilo property with permitted attached ohana, multi-suite layout, and flexible income potential. Positioned above Hilo Bay, 16 Haaheo Rd offers expansive Hilo bay views from multiple rooms and lanais. The 6-bedroom, 4.5 bath configuration includes a primary suite with ocean-facing lanai and ensuite bath, plus a lower level featuring an additional suite and multiple bedrooms designed to accommodate extended living or rental arrangements. The attached ohana unit is permitted and includes a separate entrance, enhancing flexibility for multi-generational occupancy or income use. Previously operated as a licensed care home, the property’s bedroom count, multiple bathrooms, and accessibility-oriented layout provide a strong foundation for reactivation of care home use or conversion to hosted rental or bed-and-breakfast operation, subject to buyer verification of applicable requirements. Outdoor living areas include a covered lanai with kitchenette and established producing trees including avocado, rambutan, citrus, coconut, and calamansi. A structural engineer’s report addressing a compromised foundation and outlining recommended repair is available to prospective buyers who provide proof of ability to purchase. The repair scope has been evaluated. The key finding is that no major structural reconstruction is recommended. The prescribed remediation is focused on site regrading and improved water diversion, rather than significant foundation replacement/repair. Due to foundation condition, certain financing options may be limited. Property is sold as-is. Conveniently located within close proximity to downtown Hilo, the Hilo Farmers Market, medical facilities, shopping, Honoliʻi Beach Park, and more.

16 Haaheo Rd, HILO

Listing courtesy of EXIT Realty Island Living.

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.