Listing Courtesy of: Hawaii Information Service / Better Homes And Gardens Real Estate Hank Correa Realty / Jonathan Correa - Contact: 8085572613
289 Wainaku St Hilo, HI 96720
Active
$450,000 (USD)
0.46
ACRES
Description
MLS #:
722190
722190
Taxes
$100(2024)
$100(2024)
Lot Size
0.46 acres
0.46 acres
Type
Land
Land
County
Hawaii County
Hawaii County
Listed By
Jonathan Correa, Better Homes And Gardens Real Estate Hank Correa Realty, Contact: 8085572613
Source
Hawaii Information Service
Last checked Apr 18 2026 at 2:58 AM GMT+0000
Hawaii Information Service
Last checked Apr 18 2026 at 2:58 AM GMT+0000
Bathroom Details
Lot Information
- Interior Lot
- Cleared
Property Features
- Terraced
Utility Information
- Utilities: Electricity Available, Underground Utilities
- Sewer: None
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Mar 12, 2026
Price Changed
$450,000
25%
$90,000
Nov 01, 2025
Price Changed
$360,000
-10%
-$39,000
Oct 25, 2025
Price Changed
$399,000
-3%
-$11,000
Oct 18, 2025
Price Changed
$410,000
-4%
-$15,000
Oct 17, 2025
Price Changed
$425,000
-6%
-$25,000
Oct 08, 2025
Price Changed
$450,000
-9%
-$45,000
Sep 03, 2025
Price Changed
$495,000
-10%
-$55,000
Jun 27, 2025
Listed
$550,000
-
-
Land Tenure
- Fee Simple
Additional Information: Hank Correa Realty | 8085572613
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Hawaii Information Service. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/17/26 19:58
Discover the rare opportunity to own a spacious 20,000-square-foot lot nestled in the heart of Wainaku, just minutes from Downtown Hilo. Located on 289 Wainaku Street, this expansive property offers direct riverside frontage, creating a serene and scenic setting ideal for residential development.
Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
Zoned RM-10 (Multi-Family Residential), the lot allows for flexible development or business potential – from a custom single-family residence to a multi-unit investment property (subject to county approval). Enjoy the lush surroundings, gentle river sounds, and mature tropical landscape that give this parcel a truly peaceful, retreat-like feel.
With utilities nearby (500 Amp Underground Electric Installed / 1 Water Meter) and paved road access, this is a unique chance to develop in one of Hilo’s most desirable neighborhoods. (Topographic study and soil studies done) Whether you're a builder, investor, or visionary homeowner, this Wainaku lot offers incredible potential and natural beauty.
Buyer Option: Seller is willing to convey her nonprofit business which per the owner has an estimated $200,000 plus tax deduction and a reduced property tax of $200 instead of over $5000 and which can be used on other properties with many other benefits, please inquire.