Backup offers
#720989, Listing office: eXp Realty
Property details
About 289 Wainaku St
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.<br><br>Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.<br><br>Zoned RM-10 (Multi-Family Residential), the lot allows for flexible development 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.<br><br>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. Whether you're a builder, investor, or visionary homeowner, this Wainaku lot offers incredible potential and natural beauty.
Highlights
Home typeOther
StatusActive
(A)
(A)
MLS #722190
WaterfrontRiver
Summary
- Waterfront: River
- List Price: $550,000
- HOA Amount: $0 Monthly
- Annual Tax Amount: $200
- Tax Year: 2024
- Lot: Cleared, Interior Lot
- MLS Number: 722190
- MLS Name: Hawaii Information Service
- Office Name: Better Homes and Gardens Real Estate Hank Correa Realty
- Office Phone: (808) 557-2613
© 2025 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
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: 7/13/2025, 8:45:31 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 |
|---|---|---|
| Feb 23, 2022 | Home Sold | $650,000 |
| Dec 26, 2018 | Home Sold | $57,240 |
| Mar 06, 2003 | Home Sold | $89,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $272,500 | $200 |
| 2023 | $285,500 | $200 |
| 2022 | $259,500 | $200 |
| 2021 | $236,400 | $200 |
| 2020 | $225,000 | $200 |
| 2019 | $157,500 | $1,807 |
| 2018 | $154,500 | $381 |
| 2017 | $280,600 | $381 |
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. The majority of Hilo, HI residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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
Similar homes for sale
#718440, Listing office: Ray Kobayashi Jr REALTOR
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 289 Wainaku St
The listing price of 289 Wainaku St property is $550,000.
The property 289 Wainaku St is land located in Hilo, Hawaii, 96720.
Active Listing: 289 Wainaku St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 289 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 $200 (source: MLS/based on county public records data).
The last sale was on February 23, 2022 for $650,000 (source: MLS/tax record).
This home is located at 289 Wainaku St in Hilo, HI and zip code 96720. Features: 0 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $550,000.
In June 2025, from all listings sold in Hilo, HI there were more than 8 sold above asking price, over 9 sold below and more than 6 were sold right at the asked price. The number of listings in Hilo, HI increased by 1% between May and June 2025.
From Rocket Homes Real Estate and based on county public records data.