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$850,000
724690 MLS ['Fee Simple'] Tenure
Discover the exclusive Pepeekeo Point Ocean facing Community — a rare gem along Hawai‘i’s Hamakua Coast. This private, upscale gated community offers breathtaking ocean views, lush tropical surroundings, and a serene lifestyle close to Hilo town and the airport. Perfect for luxury living or investment, these estate-sized lots provide an unparalleled opportunity to own a slice of Hawaiian paradise. This rare 4.31-acre oceanfront lot offers a unique blend of investment potential, natural beauty, and self-sufficiency. One of the largest parcels in the area, it features direct ocean access and a stream running through the property—ideal for creating a private tropical oasis. With rich soil, ample space for orchards or gardens, and breathtaking views, it's perfect for those seeking a peaceful retirement, a sustainable lifestyle, or a long-term land investment in a growing coastal community.

28-3188 Beach Rd, PEPEEKEO

Listing courtesy of LUVA LLC.

$650,000
725155 MLS ['Fee Simple'] Tenure
Nestled in Hilo’s desirable residential area, this rare 1-acre parcel is zoned RS-10 (Single-Family Residential, 10,000 sf minimum), offering outstanding flexibility and potential. The current zoning allows up to four separate single-family residences to be built without subdivision, providing an exceptional opportunity for multi-generational living or extended family who wish to live close to one another while maintaining their own space. In addition, the property offers future subdivision potential for those interested in long-term investment or development possibilities. County water is available per the Department of Water Supply, and the location offers convenient access to town, schools, shopping, and recreational amenities. Whether you’re seeking a private homestead, a family compound, or an investment opportunity, this property combines convenience, versatility, and value in one of Hilo’s most livable settings. There is an existing home on the property; however, it is not livable in its current condition and will need to be removed. The property is being sold for land value only.

2501 Kilauea Ave, HILO

Listing courtesy of Yamanaka Enterprises Inc.

$850,000
724208 MLS ['Fee Simple'] Tenure
2525 Maikalani Street is an ideal site for a tropical estate, nestled within the bucolic Puueo Farm Lots. The Puueo Farm Lots neighborhood is comprised of around 80 expansive homesites and offers both privacy and convenience. Located a few minutes from downtown Hilo, former macadamia nut orchards have been transformed into one of the Big Island's premiere agricultural estate communities. 2525 Maikalani Street presents a rare opportunity to become part of this community. Measuring 23.5 acres in area, Parcel 38 provides a sweeping view of the ocean, coastline and Hilo town. The property rises from approximately 800 to 1,000 feet in elevation and features a unique point where two streambeds converge. In addition to macadamia nut trees, small orchards of coffee and cacao have been planted. Included with the 23.5-acre site is a 700-square-foot studio, with a 550-square-foot deck and storage area below. The studio should accommodate a variety of uses and may be an ideal space for guests. This property is currently off-grid and serviced by an Outback power system. HELCO electrical service is available nearby. Ask to see a video of the property.

2525 Maikalani St, HILO

Listing courtesy of RE/MAX Properties.

$488,000
723585 MLS ['Fee Simple'] Tenure
Huge price reduction, just above county assessed value - Beautiful 10.4 acre parcel located at a cool breezy 1000-1200 foot elevation. Nice rolling grassy pasture land on the edge of Kolekole gulch. Property extends halfway into the gulch to the middle of the Kolekole stream. Ocean views and peek-a-boo view of Akaka Falls. About 10 foot down from the rim is a bench where the sugarcane flume used to be. Sugarcane road extends from mauka to makai through the center of the parcel and is a valuable source of rock for any future home foundation. This is a flag lot with a well maintained, shared driveway running through fruit orchards, fragrant clove and cinnamon trees and over a pond and running stream. Deep rich soil, currently under pasture. Great for a self sufficient, sustainable home or retreat. Located in arguably one of the best neighborhoods on the Hamakua coast. A great community that hosts one of the best weekly farmers markets on the island. Parcel is 3 miles up Mauna Kea and 13 miles from downtown Hilo.

Kaiwiki Homestead Rd, HAKALAU

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$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.

$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.

$795,000
719872 MLS ['Fee Simple'] Tenure
PRICE REDUCTION! Potential Gentlemen's Estate on the slopes of Onomea Bay Ranch Subdivision! Located just north of Hilo, this gated subdivision combines the tranquility of rural living with the convenient access to most amenities. Its unobstructed ocean & mountain views of historic Hamakua Coastline, offers diverse possibilities such as agricultural ventures, recreational retreat, or perhaps just a dream of relaxing on your own peaceful private Ranch. This property consists of approximately 25.18 acres of fertile farmland with deep soil suitable for your own private ranch, agriculture projects and or creating a family farm. Seller is allowing farmer to plant sweet potatos. Farmer must be allowed to harvest crop prior to vacating. No lease in place. Also available is adjacent property, is MLS 719870 / TMK: 3-2-7-39-37 Use Meredith Schwartz from Title Guaranty in Hilo as preliminary Title report has already been completed by TG. The information herein, while deemed reliable may contain inaccuracies or be incorrect and is provided without warranty or guarantee of any kind. Buyer and buyer's agent to perform own due diligence and investigate and confirm all pertinent and material facts. Agent Remarks: Call agent for codes to enter Subdivision & property key pad. Driving Directions: Head out to Highway 19, turn left on to 2nd entrance of Onohi Loop.

Onohi Loop, PEPEEKEO

Listing courtesy of Century 21 Homefinders of Hawaii.

$1,075,000
719870 MLS ['Fee Simple'] Tenure
PRICE REDUCTION! Potential Gentlemen's Estate on the slopes of Onomea Bay Ranch Subdivision! Located just north of Hilo, this gated subdivision combines the tranquility of rural living with the convenience of most amenities. Its unobstructed ocean & mountain views showcase the historic Hamakua Coastline and offer diverse possibilities such as agricultural ventures, recreational retreats, or perhaps just a dream home on your own peaceful private ranch. Improvements include approximately 2 acres of cleared and fenced area, rock pillar gated entry with a solar operated gate, a standalone solar keypad for security, 15,000-gallon underground ferro cement water catchment, electric power pole installed, septic tank installed and over $80K worth of foundation work which supports the solid concrete house pad foundation. House plans to be included with sale. Also available is the adjacent parcel, TMK 3-2-7-39-36 / MLS 719872 Adjacent property consists of approximately 25.18 acres of fertile farmland with deep soil suitable for agriculture and farming. Use Meredith Schwartz from Title Guaranty in Hilo as preliminary Title report has already been completed by TG. The information herein, while deemed reliable may contain inaccuracies or be incorrect and is provided without warranty or guarantee of any kind. Buyer and buyer's agent to perform own due diligence and investigate and confirm all pertinent and material facts.

27-990 Onohi Loop, PEPEEKEO

Listing courtesy of Century 21 Homefinders of Hawaii.

$145,000
716999 MLS ['Fee Simple'] Tenure
This 3,842 sq ft fairly level corner lot is ideally located in downtown Hilo, offering a rare opportunity to develop in a central, high-visibility area. The level terrain provides a practical foundation for construction, helping to streamline the building process. The property offers direct access to County utilities, which can significantly reduce upfront infrastructure costs. Zoning allows for potential additional uses, providing flexibility for a range of development options (buyer to verify). Its corner location enhances accessibility and exposure, making it well suited for investors, builders, or businesses seeking a strategic downtown presence. Conveniently located near shops, services, and major roadways, this lot presents an excellent opportunity to capitalize on continued growth and demand in the Hilo market. Buyer to verify zoning, permitted uses, variance needs and availability of utilities.

HILO

Listing courtesy of LUVA LLC.

$222,000
717796 MLS ['Fee Simple'] Tenure
You must see this lot to appreciate all the hard work the Sellers put in. Located in the much sought after E.B deSilva School district. This lot has already been cleared and semi prepped. House plans included with sale. House plans were designed by K.A.W Architects INC. A large (1493 living area) 2 bedroom 2 bath home with wheelchair accessible hallways and bathrooms/shower stall, walk in closets, laundry room, open kitchen, dining and living room, skylight, large covered lanai and porte-cochere. Water meter has been installed and paid for. Most of the footwork has been done, so make this one yours. There are red and yellow lehua trees, puakenikeni, anthurium's, tangelo, lemon, dwarf kau orange and numerous other plants to name. While all information is deemed reliable buyer and buyers agent are responsible for obtaining all pertinent facts.

435 Kaumana Dr, HILO

Listing courtesy of Green Sands Management & Sales LLC.

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.