#715061, Listing office: Iokua Real Estate, Inc.- Waikoloa
Property details
About 287 Wainaku St
Discover the unique charm of this riverfront property, nestled along the scenic Pukihae Stream and just a short walk from Downtown Hilo. Located in a peaceful 3-lot “subdivision”, this is the only building/house, perfectly positioned to enjoy abundant sunshine, air flow, and a unique privacy. <br><br>The property offers parking for 2-4 cars and features rare low-bank access to the stream, allowing you to easily step into the water and enjoy a serene swimming area. This magical retreat makes for an exceptional investment, whether as a personal residence, a lucrative rental, or an expanded venture because of the Multi-family zoning with additional uses allowed by the County.<br>Just 5 minutes (walking) from the vibrant heart of Old Hilo Town, you'll find wonderful restaurants, local shopping, farmers markets, and frequent festivities. Plus, Bayfront Hilo’s surfing spot is a short walking distance away, offering the best of both worlds—tropical living with a stream on the property, without being too far from the conveniences of town.<br>The adjacent partially developed land “Lot 40” is also listed for sale. If both this house property and “Lot 40” are purchased together, then this would be an ideal development for “an Estate Property” . The Multi-Family Use zoning lists is a plus to the location and surroundings.<br><br>Home is rented. 48 hours' notice is required. Please refrain from visiting the property without permission. All information is deemed reliable but not guaranteed. Buyer and buyer’s agent are responsible for verifying all listing details.
Highlights
(A)
Summary
- Full Bathrooms: 2
- Appliances: Disposal, Range, Range Hood, Refrigerator
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Assigned
- Waterfront: River
- View: Garden, River
- List Price: $585,000
- Price/SqFt: $652
- HOA Amount: $0 Monthly
- Annual Tax Amount: $5,637
- Tax Year: 2024
- Lot: Cleared
- Year Built: 2015
- Living Area: 896 SqFt
- MLS Number: 718446
- MLS Name: Hawaii Information Service
- Office Name: Ray Kobayashi Jr REALTOR
- Office Phone: (808) 430-0021
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Last updated on: 7/4/2025, 10:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
May 04, 2022 | Home Sold | $500,000 |
Oct 15, 2018 | Home Sold | $350,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $507,900 | $5,637 |
2023 | $477,200 | $5,296 |
2022 | $477,200 | $5,296 |
2021 | $409,100 | $4,786 |
2020 | $395,700 | $4,629 |
History based on county public records data.
Nearby schools
7
Hilo Union Elementary School
Public District PK-6
0.6 mi
•506 Waianuenue Ave
8
Haaheo Elementary School
Public District PK-6
0.9 mi
•121 Haaheo Rd
4
Chiefess Kapiolani Elementary School
Public District PK-6
1.6 mi
•966 Kilauea Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,286. Residents of Hilo, HI typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
Living in Hilo, HI
Transportation in Hilo includes a public bus system that connects residents to key areas within the town and surrounding regions. While schedules vary, the bus service provides a reliable option for those without private vehicles. The area is moderately walkable, particularly in the downtown district, where shops and restaurants are concentrated. For longer distances, a network of roads and highways connects Hilo to other parts of the Big Island, and the Hilo International Airport facilitates air travel. Ride-sharing services are available, complementing the existing transportation options.
The community is served by a network of public and private educational institutions, ensuring a range of options for families. Healthcare services are available through local clinics and the Hilo Medical Center, which provides comprehensive care including emergency services. The public library system supports the town's educational and cultural needs. Retail and dining establishments offer a taste of local flavors and crafts, reflecting the diverse cultural influences of Hilo. City initiatives aim to maintain and improve these services to accommodate the needs of a growing population.
Hilo is celebrated for its laid-back atmosphere and rich cultural heritage. The community prides itself on its strong ties to native Hawaiian traditions and the spirit of Aloha. Residents and visitors alike enjoy the town's vibrant festivals, including the renowned Merrie Monarch Hula Festival, which showcases the island's deep cultural roots and artistic expression. The area's natural beauty, with its lush landscapes and nearby waterfalls, contributes to a serene and inviting community character.
Hilo offers a diverse range of housing options, from charming bungalows to spacious contemporary homes. The housing landscape is characterized by a mix of single-family residences and multi-family units, with single-family homes making up a significant portion of the market. Architectural styles reflect the island's unique cultural blend, with influences ranging from plantation-style to modern Pacific designs. The area has seen a range of development periods, with many homes dating back to the mid-20th century, providing a sense of historical charm.
About 287 Wainaku St
The listing price of 287 Wainaku St property is $585,000.
The property 287 Wainaku St is a house located in Hilo, Hawaii, 96720.
Active Listing: 287 Wainaku St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 287 Wainaku St are: Hilo Union Elementary School (GreatSchools Rating 7/10), Haaheo Elementary School (GreatSchools Rating 8/10), Chiefess Kapiolani Elementary School (GreatSchools Rating 4/10), Hilo Intermediate School (GreatSchools Rating 7/10), Waiakea Intermediate School (GreatSchools Rating 4/10), Prince Jonah Kalanianaole Elementary & Intermediate School (GreatSchools Rating 4/10), Connections - New Century Public Charter School (GreatSchools Rating 4/10), Hilo High School (GreatSchools Rating 4/10), Waiakea High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $5,637 (source: MLS/based on county public records data).
The last sale was on May 4, 2022 for $500,000 (source: MLS/tax record).
The property at 287 Wainaku St has 2 bedrooms and 2 bathrooms.
The property 287 Wainaku St is 896 SqFt (source: MLS/tax record).
The year of construction for 287 Wainaku St is 2015.
This home is located at 287 Wainaku St in Hilo, HI and zip code 96720. This 896 square foot home was built in 2015. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $585,000.
In June 2025 more than 8 listings in Hilo, HI were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Hilo, HI increased by 1% between May and June 2025.