Lakeview Estates Ph I Homes with Fee Simple Land tenure

Welcome to Lakeview Estates Phase I, a hidden gem nestled in the charming city of Hilo, Hawaii. This picturesque neighborhood offers a unique blend of tranquility and vibrant island living, making it an ideal place to call home. Surrounded by lush greenery and stunning views, Lakeview Estates is perfect for those who appreciate the beauty of nature and the warmth of a close-knit community.

The homes in Lakeview Estates Phase I boast a Fee Simple land tenure, providing homeowners with full ownership of their property and the freedom to create their dream oasis. This is a rare find in Hawaii, where land ownership can often be complicated. Here, you can truly make your mark, whether it’s cultivating a tropical garden, building a personal retreat, or simply enjoying the space to breathe and relax.

Residents of Lakeview Estates enjoy easy access to Hilo's many attractions, including breathtaking waterfalls, scenic hiking trails, and the pristine coastline. The neighborhood is conveniently located near local shops, restaurants, and schools, ensuring that everything you need is just a short drive away. Hilo’s rich cultural heritage is reflected in its lively festivals and community events, fostering a sense of belonging among residents.

Whether you’re seeking a peaceful retreat or an active lifestyle, Lakeview Estates Phase I offers the perfect balance. Experience the warmth of Hawaiian hospitality and the beauty of island living in this enchanting neighborhood. Discover your new home in Lakeview Estates today, where paradise awaits at your doorstep!

Newest Lakeview Estates Ph I Homes with Fee Simple Land tenure

$499,000

731825 MLS ⋅ ['Fee Simple'] Tenure

Experience the rare opportunity to own a stunning 1-acre lakefront lot in the desirable Lakeview Estates of Hilo. Partially framed by a custom rock wall, this beautifully prepared parcel offers a flat, ready-to-build homesite with approved plans already in place—saving you time and fast-tracking your dream build. Designed for luxury island living, the plans feature an expansive 5,584 sq. ft. under roof, including a 3,528 sq. ft. main home, 1,028 sq. ft. garage, and 1,028 sq. ft. of covered lanais and porches to fully embrace indoor-outdoor living. The septic system is already installed and has received final approval, adding even more value and convenience for your build. The thoughtfully designed layout includes 2 primary suites, 2 additional bedrooms, and a dedicated study, providing flexibility and comfort for modern living. Complementing the main residence is a spacious 1,512 sq. ft. detached garage complete with a full bath and laundry room—ideal for entertaining, hosting guests, or creating the ultimate workshop or recreation space. Enjoy peaceful lakefront views with no HOA restrictions and the added benefit of Flood Zone X designation. Conveniently located with easy access to Mohouli Street, you’re just minutes from Prince Kūhiō Plaza, University of Hawai‘i at Hilo, Hilo Medical Center, schools, shopping, dining, and the Hilo International Airport. This is a unique chance to bring a custom luxury vision to life in one of Hilo’s most accessible and desirable areas.

3560 Loko Pl, HILO

Listing courtesy of eXp Realty.

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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.