Waiakea House Lots 1st Series Homes with Fee Simple Land tenure

Welcome to the enchanting Waiakea House Lots 1st Series, nestled in the picturesque city of Hilo, Hawaii. This charming neighborhood is a hidden gem, offering a unique blend of natural beauty and community spirit. With its lush landscapes and vibrant flora, Waiakea House Lots is a paradise for nature lovers and those seeking a tranquil lifestyle.

The homes in this delightful neighborhood boast Fee Simple land tenure, providing homeowners with complete ownership of their property. This means you can enjoy the peace of mind that comes with having full control over your land, making it a perfect investment for families and individuals alike. Each residence is thoughtfully designed to embrace the island's aesthetic, featuring spacious layouts and modern amenities that cater to both comfort and functionality.

Waiakea House Lots is not just about stunning homes; it’s also about the vibrant community that surrounds them. Residents here enjoy proximity to local parks, schools, and shopping centers, making everyday life convenient and enjoyable. The neighborhood is known for its friendly atmosphere, where neighbors become friends and community events foster a sense of belonging.

With Hilo’s stunning beaches and breathtaking waterfalls just a short drive away, outdoor enthusiasts will find themselves in paradise. Whether you’re hiking through lush rainforests or enjoying a sunset at the beach, the beauty of Hawaii is right at your doorstep.

Discover the charm of Waiakea House Lots 1st Series, where homeownership meets the serenity of island living. Your dream home awaits in this idyllic Hilo neighborhood!

Newest Waiakea House Lots 1st Series Homes with Fee Simple Land tenure

$800,000

4 Beds ⋅ 2 Baths ⋅ 730888 MLS ⋅ ['Fee Simple'] Tenure

Property is located in the path of growth from residential to transitional office , retail warehouse use. While still zoned residential the surrounding properties have transitioned to office -warehouse use over the recent years. The fronting street of Lanikaula has infrastructure (sewer and water) that supports this transitional use.

469 Lanikaula St Unit 1, HILO

Listing courtesy of Yamanaka Enterprises Inc.

$549,000

3 Beds ⋅ 2 Baths ⋅ 730588 MLS ⋅ ['Fee Simple'] Tenure

Welcome to Laukapu Street — ideally located in the heart of Hilo near shopping, dining, local businesses, Wailoa River State Recreation Area, the college and university, and just minutes from the airport. This spacious, beautifully landscaped property features a detached carport and endless potential. With a little love and vision, this home can truly shine and become a beautiful island retreat in a convenient Hilo location. Upstairs is filled with natural light and charming original windows that capture the character of old Hilo. The wood floors offer an opportunity to be restored to their original beauty, while the built-in shelving adds warmth and timeless island charm. Downstairs features a laundry area and expansive additional space with many possibilities for storage, hobbies, recreation, or extended living options. If you enjoy outdoor living and room to spread out, you’ll appreciate the large lot and lush surroundings this property has to offer.

524 Laukapu St, HILO

Listing courtesy of Kou Hale Realty LLC.

$500,000

727804 MLS ⋅ ['Fee Simple'] Tenure

Location, location, location. 463 Mililani Street, CG-7.5 zoning, corner of Piilani and Mililani Streets. Close to Afook Chinen Civic Center and Edith Kanakaole Stadium, stage to the Merrie Monarch Festival. Property sits at road entrance to Wailoa State Park. 300 yards to entry to Wailoa State Park, 500 yards to the Civic Center, and 200 yards to Manono eateries.

463 Mililani St, HILO

Listing courtesy of Aloha Sotheby's Intl Realty - Hawai'i.

$675,000

5 Beds ⋅ 3 Baths ⋅ 728219 MLS ⋅ ['Fee Simple'] Tenure

Unique investment opportunity in the heart of Hilo featuring two separate homes on one lot, offering flexibility for multi-generational living or rental income. Surrounded by a mix of residential and commercial properties, there may be potential to pursue commercial zoning (buyers to verify with the County) The first home, a charming multi-level residence (white home), was originally built in 1932 and refreshed in 2020, featuring two bedrooms and two bathrooms (one ¾ bath and one ¼ bath). The second dwelling, a yellow multi-level home built in 1985, offers two bedrooms and one full bathroom on the upper level, with an additional bedroom and ¾ bathroom on the lower level. This versatile property presents multiple possibilities for investors or owner-occupants alike — generate rental income from both homes, live in one while renting the other, or accommodate multi-generational living. Conveniently located just minutes from shopping, dining, and outdoor recreation, including the nearby Hilo Shopping Center and Wailoa State Park. **Information herein is based on county records and may not reflect actual property details. Buyers and buyer’s agents are advised to independently verify all material facts deemed important to their purchase.**

619 Mililani St, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$790,000

4 Beds ⋅ 4 Baths ⋅ 727032 MLS ⋅ ['Fee Simple'] Tenure

Opportunity awaits! Two homes on larger lot in Waiakea Houselots. Both homes need some TLC, but are very livable. Live in one, rent the other or rent both. Opportunities like this rarely come up in this area. FRONT HOUSE: Fumigated 1/24/2026 Charming "old-style" touches with many built-ins: kitchen breakfast nook, original kitchen sink, dining room "hutch" (with storage drawers and shelves), lanai with generous counter/cabinets for your get-togethers. There is a generous sized storage/workshop room in the carport as well as a half bath. A separate shower is located in the utility room which is off of the carport and enclosed as part of the entry into the home, making doing laundry private and secure. BACK HOUSE: Fumigated 2/8/2024 Your basic, simple home needing some upgrades, but a little TLC will bring it to life. No appliances included with this home.

568 Kalanikoa St Unit 2, HILO

Listing courtesy of Savio Realty Ltd. - Hilo Office.

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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.