$1,200,000

640 Malae Pl Hilo, HI 96720

$10,000
Closing credit¹
4 beds
3 full
2,504 sqft
$479 / sqft
House

Property details

About 640 Malae Pl

***Drastic Price Reduction!!***<br><br>Welcome to 640 Malae Pl, a stunningly brand-new home located in the prestigious Kupulau Meadows Subdivision. Visit this grand 4-bedroom, 3-bathroom home that features over 3,500 sqft under roof on over 1.3 acres of land. <br><br>Enter through the double door front entry into an open concept living space and be captivated by the many upgrades seen throughout the home:<br><br>-9' ceilings throughout with ceiling fans in living and in each bedroom.<br>-Tray ceilings in the living room with Split Unit AC in living and dining area.<br>-Open concept living w/vinyl flooring in main areas of home and plush carpeting in bedrooms. <br>-Shaker style cabinetry w/soft-close feature & crown moulding & matching finishes.<br>-Quartz countertops throughout home.<br>-Large walk-in pantry in kitchen <br>-Black Stainless Steel refrigerator, dishwasher and flat top stove/convection oven.<br>-Recessed lighting throughout home and pendent lighting over kitchen counter. <br>-Master features tray ceilings, fan and another split unit AC.<br>-Large 11'X10' walk-in master closet.<br>-Elegantly tiled to ceiling walk-in shower w/custom soap niche and rain shower head.<br>-Soaker Jet tub jacuzzi in master bath<br>-Master dual vanity w/makeup counter area and mirror spanning entire length of countertop <br>-2 full community baths w/tiling all the way to the ceiling in showers and also upgraded shower glass doors. Also mirrored entire width of sink countertop.<br>-Indoor laundry, mud room area with front load washer and dryer also included in sale. <br>-Ample storage closets in the 2-car auto enclosed garage.<br>-Large apron and driveway with wrap-around sidewalks around entire home.<br>-Covered rear patio w/wet bar.<br>-Exterior flood lights w/5 security cameras and a Ring security doorbell too.<br><br>Come schedule your showing today before this beautiful home is gone!<br><br>(Furniture and items are for staging purposes only and not for sale)

Highlights

Home typeSingle Family Residence
StatusAccepting Backup Offers
(Contingent)
Size2,504 sqft
Year built2023
ParkingCovered
MLS #702932

Summary

  • Full Bathrooms: 3
  • Appliances: Convection Oven, Disposal, Dishwasher, Refrigerator, Range, Oven
  • Total Bedroom Count: 4
  • Private Pool: No
  • Parking: Covered
  • List Price: $1,200,000
  • Price/SqFt: $479
  • Annual Tax Amount: $10,043
  • Tax Year: 2024
  • Year Built: 2023
  • Living Area: 2,504 SqFt
  • MLS Number: 702932
  • Office Name: Century 21 Homefinders of Hawaii

IDX © 2025 MLS Hawaii, Inc. All rights reserved.
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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: 5/1/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,200,000

640 Malae Pl

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 02, 2024
Home Sold
$1,200,000
Oct 26, 2020
Home Sold
$275,001
Sep 30, 2004
Home Sold
$96,000

Tax history

YearAssessmentProperty Tax
2024$1,074,200$10,043
2023$368,700$3,447
2022$317,700$2,970
2021$258,700$2,418

History based on county public records data.

Nearby schools

8

Kaumana Elementary School

Public District PK-6

1.8 mi

1710 Kaumana Dr

9

Ernest Bowen Desilva Elementary School

Public District PK-6

2.5 mi

278 Ainako Ave

5

Waiakea Elementary School

Public District PK-5

2.7 mi

180 W Puainako St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,449. The majority of Hilo, HI residents have income between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

5%
<35k
66%
35k-100k
27%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

25%
Single, No Kids
7%
Single, with Kids
44%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
12%
18-34 yrs old
40%
35-64 yrs old
31%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • CadillacCadillac
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
  • RockRock
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 640 Malae Pl

The listing price of 640 Malae Pl property is $1,200,000.

The property 640 Malae Pl is a house located in Hilo, Hawaii, 96720.

Accepting Backup Offers: 640 Malae Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 640 Malae Pl are: Kaumana Elementary School (GreatSchools Rating 8/10), Ernest Bowen Desilva Elementary School (GreatSchools Rating 9/10), Waiakea Elementary School (GreatSchools Rating 5/10), Waiakea Intermediate School (GreatSchools Rating 4/10), Hilo Intermediate School (GreatSchools Rating 7/10), Keaau Middle School (GreatSchools Rating 3/10), Waiakea High School (GreatSchools Rating 7/10), Hilo High School (GreatSchools Rating 4/10), Connections - New Century Public Charter School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $10,043 (source: MLS/based on county public records data).

The last sale was on February 2, 2024 for $1,200,000 (source: MLS/tax record).

The property at 640 Malae Pl has 4 bedrooms and 3 bathrooms.

The property 640 Malae Pl is 2,504 SqFt (source: MLS/tax record).

The year of construction for 640 Malae Pl is 2023.

This home is located at 640 Malae Pl in Hilo, HI and zip code 96720. This 2,504 square foot home was built in 2023. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 29, 2023 and is currently priced at $1,200,000.

Between February and March 2025, Hilo, HI real estate market has seen increase in the number of listings by 11.7%. Listings spent 231 days on the market in March 2025, and had a median list price of $637,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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