2 days on Rocket
#720989, Listing Office: eXp Realty
Property details
About 291 Wainaku
Rare Riverfront Property Opportunity in Hilo<br>Discover a unique opportunity to develop a private retreat or a distinctive business space on the Big Island. This flag lot, offering 13,699 sq. ft. within a one-acre, three-lot subdivision, in a RM 10 Zoning for multi-dwelling use, provides exceptional privacy as a rear lot with a private driveway. Enjoy direct, low-bank access to a picturesque stream and a beautiful downstream swimming area. Build your getaway cabin, home, or artist retreat in a truly magical setting.<br><br>Located just five minutes from Old Hilo Town and Bayfront Hilo, this property offers convenient access to restaurants, shopping, farmers’ markets, local festivities, and even hot springs. <br>Whether you’re seeking a residential escape or a commercial venture, this property is bursting with potential. <br><br>Make your dream development a reality—this is a rare find!<br>Unlock Collaborative Potential with a Joint Venture<br>Adjacent to Lot 40, the owner of the “house property” has also listed that property for sale, providing an opportunity to acquire both lots together. With a A joint venture partner could help develop Lot 40, creating possibilities for a bed & breakfast, retreat center, or picturesque wedding venue. A lot of research has been done with the County, and a strategic development plan is available upon request. <br><br>Permission to enter the property required!!<br>Please respect the property owner’s request for permission before entering. Buyers and their agents are responsible for conducting due diligence and verifying all listing details.<br>Contact the listing agent to learn more.
Highlights
Home typeVacant Land
StatusActive
MLS #718440
ViewRiver
Summary
- Private Pool: No
- View: River
- List Price: $365,000
- HOA Amount: $0 Monthly
- Lot: Terraced
- MLS Number: 718440
- Office Name: Ray Kobayashi Jr REALTOR
- Office Phone: (808) 430-0021
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Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 5:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$365,000
291 Wainaku
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Price information
Property sales
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Tax history
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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. Most Hilo, HI residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
36%
35k-100k
20%
100k-200k
5%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
11%
Single, with Kids
27%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
3%
12-17 yrs old
38%
18-34 yrs old
45%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Oldsmobile
What do the neighbors listen to?
News/Talk/Information
New Country
Oldies
All data provided by Home Junction and Claritas
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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 291 Wainaku
The listing price of 291 Wainaku property is $365,000.
The property 291 Wainaku is land located in Hilo, Hawaii, 96720.
Active Listing: 291 Wainaku is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 291 Wainaku 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).
This home is located at 291 Wainaku in Hilo, HI and zip code 96720. Features: 0 bathroom. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $365,000.
The inventory of homes for sale in Hilo, HI between March and April 2025 increased by 11.8%. In April 2025 median list price was $628,500 and the average listing age was 239 days.
From Rocket Homes Real Estate and based on county public records data.