Waiakea Homesteads Homes with Fee Simple Land tenure

Welcome to Waiakea Homesteads, a charming neighborhood nestled in the heart of Hilo, Hawaii. Known for its lush landscapes and vibrant community spirit, this area offers a unique blend of natural beauty and modern living, making it a perfect choice for families, retirees, and anyone looking to embrace the Aloha lifestyle.

Waiakea Homesteads is characterized by its spacious homes set on fee simple land, providing residents with the ultimate sense of ownership and freedom. These properties not only offer a place to call home but also the opportunity to invest in a piece of paradise. With a variety of architectural styles, from cozy single-family homes to more expansive estates, there’s something for everyone in this welcoming community.

Surrounded by the stunning backdrop of the Mauna Kea and lush greenery, the neighborhood is a haven for outdoor enthusiasts. Residents enjoy easy access to hiking trails, parks, and the breathtaking coastline, perfect for weekend adventures or tranquil evenings watching the sunset. The vibrant local culture is reflected in nearby farmers' markets, art galleries, and community events, fostering a strong sense of belonging.

Waiakea Homesteads is conveniently located near essential amenities, including schools, shopping centers, and healthcare facilities, ensuring that everything you need is just a short drive away. With its ideal blend of natural beauty, community spirit, and modern conveniences, Waiakea Homesteads is not just a place to live, but a place to thrive. Discover your dream home in this enchanting neighborhood and embrace the lifestyle you’ve always desired!

Newest Waiakea Homesteads Homes with Fee Simple Land tenure

$350,000

3 Beds ⋅ 2 Baths ⋅ 732151 MLS ⋅ ['Fee Simple'] Tenure

Built in 1968- this home is in an incredible location. Right in town to avoid traffic, just around the corner from a large convenience store and gas station, and only a drive down the road to large grocery stores and everything else you could need. With some TLC, the possibilities are endless. Three bedrooms and one bath plus an enclosed patio being used as a fourth bedroom are a part of the main section of the dwelling. There is also a second bath with shower in the carport. The covered lanai is great for relaxing while watching the dogs or kids in the fenced yard or just watching the cars pass by. This home has amazing potential, waiting for your vision and craftsmanship to bring it to life.

1552 Komohana St, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$489,000

730010 MLS ⋅ ['Fee Simple'] Tenure

This is a rare opportunity to own nearly 10 acres within walking distance of the Hilo Municipal Golf Course. Situated on a dead-end road, this lot offers a sense of privacy whilst being close all of the amenities of Hilo town. Just a half mile away is the Hilo Municipal Golf Course, and Firestation 3 located on Haihai St. This prime location in the Waiakea Homesteads area means that you are about 3 miles away from shopping like Target and Walmart, as well as the Prince Kuhio and the Puinako Shopping Centers. Within that radius is also the Waiakea School Complex. Meanwhile, getting to downtown Hilo is about 5 miles and it is about 7 miles to the beautiful beach parks of the Keaukaha. With nearly 10 acres of AG-3 zoned land, this property offers a variety of potential for future applications. You have options whether planning on building a grand estate for yourself, subdividing into 3 smaller parcels, or capitalizing on the rich agriculture potential. At present, the property is covered by lush tropical jungle and features a 16ft x 16ft unpermitted storage shed. Selectively landscaping the property could produce mountain views that are currently hidden. Although it has since overgrown, the property has 2500 sqft crushed rock driveway layered over a geotextile fabric. To get a better feel for the scope of the property, be sure to see the Video Tour in the listing. HELCO overhead electric power is available to the property, and there is an active County Water meter already installed. Additionally, there is an easement access for a potential Iwalani St. extension in the future. Should this project materialize, the property would be bisected by the extension thereby creating street front 3 sides. See Flood Zone Map In The Attachments

250 Laula Rd, HILO

Listing courtesy of Hilo Bay Realty LLC.

$1,495,000

729025 MLS ⋅ ['Fee Simple'] Tenure

INVESTORS WELCOME! 40 BEAUTIFUL ACRES in the desirable Waiakea Homesteads area. Perfect for large farm, sprawling ranch, or 10 or more 3-acre lots that could provide enough space for privacy and luxury home living. In an attractive setting above Hilo Town yet minutes from Hilo International Airport, Hilo Harbor, Hilo Benioff Medical Center, schools, shopping and services. It is the responsibility of the Buyer and Buyer’s Agent to verify all County and State zoning, building codes, and land-use requirements prior to the close of escrow.

HILO

Listing courtesy of Hilo Realty, LLC.

$974,000

4 Beds ⋅ 3 Baths ⋅ 729065 MLS ⋅ ['Fee Simple'] Tenure

4700+ under roof. 4 bedroom 3 bath home is 2910 sq ft. A detached 3 bay garage + workshop totals 900 sg ft. On 3.22 acres. Survey just completed. No stairs. Wheelchair accessable rooms. 200 amp electrical service Located in a small gated subdivision. This property is adjacent to a forest reserve with hiking trails. The interior & exterior have been recently repainted. Front entrance has a large 400 sq ft covered lanai. Living room has approximately 15 ft cathedral ceilings with a skylight to brighten your day. 2 double French doors lead from the living room to a covered lanai. Home sits up on a knoll. Enjoy relaxing on your lanai with a view over the major section of the 3+ acres and the hills beyond. All the bedrooms are large. 3 bedrooms have solid core 36 inch doors. The primary suite has double French doors which lead to the covered lanai. It has a walk-in closet and a huge bathroom with a large garden/jucuzzi tub,. The bath also sports double sinks, new Kohler medicine cabints, a separate toilet room and a separate shower. A very large kitchen with new white Arcade Green wood cabinets compete the "bay" kitchen. New hi-tech hands free overhead range hood/fan. Stainless appliances. The main kitchen sink is stainless and 44 inchs long. Another stainless sink/work area is in the secondary part of this large kitchen. Both gas & electric hookups were installed. A separate formal dining room is just across from thr kitchen. An inside laundry room is down the hallway. An attached apartment with 1 bedroom ,1 bath (equipped with a "roll-in" tiled shower approximately 7 ft long) is at the end of the hallway. It also has a small kichenette, dining area & living room with French doors leading onto a it's own nice covered lanai.. The concrete/tiled cathment tank is next to the pump house, complete with double filter & UV treatment system.. Several Avacado trees.

699 Kulaloa Rd, HILO

Listing courtesy of HomeSmart Island Homes.

$785,000

725748 MLS ⋅ ['Fee Simple'] Tenure

Formally Waiakea Uka Ranch. . . partially-fenced beautiful 8.23 acres of pastureland (originally a ginger farm) with multiple structures and all utilities . . . spacious 2,394 sf warehouse with shower and bathroom . . . and 2 office spaces / guest rooms, outdoor prep counter and sink with BBQ grill and picnic tables overlooking landscape. on-demand water heater. Ideal grazing fields and fertile soil for cultivating food crops and ornamental plants. Limited vehicular traffic. Shared border with state forest lands. Ideal location above Hilo town for shopping & dining out. Perfect for gentleman farmer?? Vacant land loan may be acceptable, depending on lender.

681 Hoaka Rd, HILO

Listing courtesy of Chris Brilhante Realty, Inc..

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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.