Waiakea Cane Lots Homes with Fee Simple Land tenure

Welcome to Waiakea Cane Lots, a charming neighborhood nestled in the heart of Hilo, Hawaii. Known for its lush landscapes and welcoming community, this area offers a unique blend of natural beauty and suburban comfort. With its proximity to the stunning coastline and vibrant local culture, Waiakea Cane Lots is an ideal place for those seeking a tranquil lifestyle without sacrificing convenience.

Homes in Waiakea Cane Lots boast Fee Simple land tenure, providing homeowners with full ownership of both the property and the land it sits on. This means you can enjoy the security and freedom to enhance your home as you see fit, making it a fantastic investment for families and individuals alike. The neighborhood features a variety of architectural styles, from charming single-family homes to modern builds, ensuring that there’s something for everyone.

Residents of Waiakea Cane Lots enjoy easy access to Hilo’s amenities, including local shops, restaurants, and parks. The nearby Hilo Bay offers breathtaking views and recreational opportunities, perfect for weekend outings or evening strolls. This neighborhood is also known for its strong sense of community, with friendly neighbors and a variety of local events that bring residents together.

Whether you’re looking to settle down or invest in a piece of paradise, Waiakea Cane Lots is a hidden gem in Hawaii County. Experience the beauty of island living and the warmth of community in this delightful neighborhood. Discover your dream home today in Waiakea Cane Lots!

Newest Waiakea Cane Lots Homes with Fee Simple Land tenure

$1,101,800

723513 MLS ⋅ ['Fee Simple'] Tenure

Rarely available 39,350 sq ft lot in the urban core of Hilo, located in the Waiakea Cane Lots subdivision just blocks from the University of Hawai‘i at Hilo. Priced at $28 per square foot, this L‑shaped parcel is offered at land value and includes a planned 20‑foot‑wide driveway easement (not yet recorded) to serve the rear adjacent lot. There is an existing structure on the property in poor condition and not considered in the pricing. The property lies within the State Urban District and is designated HDU (High Density Urban) under Hawai‘i County’s General Plan (GP‑2045). With RS‑10 zoning, the site currently allows Single‑Family Residential use. Additional development paths — including duplexes, student housing, PUDs, or certain commercial uses — may be possible with County approval. Buyers should consult an architect or planner to evaluate site‑specific development potential. An extended due‑diligence period may be considered for qualified buyers.

1322 Ululani St, HILO

Listing courtesy of PHP Properties.

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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.