Waiakea Homesteads 3rd Series Homes with Fee Simple Land tenure

Welcome to Waiakea Homesteads 3rd Series, a hidden gem nestled in the heart of Hilo, Hawaii. This vibrant neighborhood perfectly blends the lush beauty of the Big Island with the warmth of a close-knit community. Known for its stunning landscapes, Waiakea Homesteads offers residents a unique opportunity to experience the natural splendor of Hawaii while enjoying the conveniences of modern living.

The homes in Waiakea Homesteads 3rd Series boast Fee Simple land tenure, providing homeowners with absolute ownership of their property. This means that you can truly make your house a home, with the freedom to personalize your space as you see fit. The neighborhood features a variety of charming residences, from cozy single-family homes to spacious properties, all set against a backdrop of swaying palms and vibrant tropical flora.

Living in Waiakea Homesteads means embracing the laid-back lifestyle that Hilo is known for. Residents enjoy easy access to local amenities, including grocery stores, markets, and delightful eateries offering fresh island cuisine. The community is also just a short drive from beautiful beaches, lush hiking trails, and breathtaking waterfalls, making it the perfect base for outdoor enthusiasts and nature lovers alike.

The welcoming spirit of Waiakea Homesteads is palpable, with friendly neighbors and a strong sense of community pride. Whether you’re looking to settle down or invest in a slice of paradise, Waiakea Homesteads 3rd Series offers an idyllic Hawaiian lifestyle that you won't want to miss. Discover your dream home in this enchanting neighborhood today!

Newest Waiakea Homesteads 3rd Series Homes with Fee Simple Land tenure

$579,000

3 Beds ⋅ 2 Baths ⋅ 731667 MLS ⋅ ['Fee Simple'] Tenure

Move-in ready and conveniently located, this 3-bedroom, 2-bath home offers comfort, location, and investment potential. Inside you'll find two spacious living areas, attractive laminate plank flooring, , roomy bedrooms with good closet space, indoor laundry, and a bright, welcoming kitchen and floor plan. The spacious enclosed patio provides the perfect extension of the living space for entertaining or relaxing year-round. Additional features include a covered two-car carport and a detached storage room with potential for a workshop, hobby room, home office, or extra storage. Situated on a generous 15,150 sq. ft. lot in a convenient Hilo location, this property is just minutes from the University of Hawaiʻi at Hilo, shopping, schools, restaurants, medical facilities, and downtown Hilo. The home is down off Iwalani street with added privacy and mature landscape. Whether you're searching for your next home or a great investment property, this versatile Hilo residence is one you won't want to miss!

77 Iwalani St, HILO

Listing courtesy of Kou Hale Realty LLC.

$239,000

731026 MLS ⋅ ['Fee Simple'] Tenure

FIRST-TIME ON THE MARKET WITHIN THE LAST 50 YEARS! 1.26 ACRE VACANT LOT AT THE TOP OF AINALAKO ROAD! WAIAKEA HOMESTEADS! Rarely available vacant lot at the top of Ainalako Road in the Waiakea Homesteads 3rd Series Subdivision. Enjoy the many conveniences of Hilo town, including, but not limited to: Prince Kuhio Plaza, UH-Hilo, schools, grocery stores, restaurants, banks, gas stations, hardware stores, police station, fire station, hospitals, doctor offices, post office, as well as many other services.

Ainalako Rd Unit LOT 10, PARCEL A-6, HILO

Listing courtesy of Ah Chong Realty, LLC.

$1,200,000

717284 MLS ⋅ ['Fee Simple'] Tenure

Exceptional investment opportunity! Totaling nearly 43 acres, these three contiguous parcels are zoned A-3A and situated in the desirable Waiakea district of Hilo. Property Features: Parcel 1: Over 27 acres Parcel 2: Over 15 acres Parcel 3: Nearly 24,000 sqft Zoned A-3A, allowing flexibility for future use Paved roads Multiple access points Location Highlights: -Situated in the highly sought-after Waiakea Homesteads -Quick access to shopping, schools, and amenities in Hilo -Peaceful and private setting while conveniently close to urban essentials Buyers and their agents to perform their own due diligence as to the availability of utilities, road access, and potential land uses. The smallest parcel may be considered a roadway lot.

Ainalako Rd, HILO

Listing courtesy of COMPASS.

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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.