$7,719 Closing Credit¹
#721021, Listing office: Hawaii Equity Management LLC
$700,000 List price
7 Luana Way Hilo, HI 96720
$8,313
Closing credit¹
4 beds
2 full
1,792 sqft
$391 / sqft
House
Property details
About 7 Luana Way
Conveniently located in a central Hilo location, approximately 1 mile from E B deSilva school and 1.2 mi from the Hilo Hospital. The home has undergone many recent renovations. There is new vinyl plank flooring throughout. The living room and 3 bedrooms had new vinyl windows installed in 2021. There are ac units in the bedrooms and kitchen area. The interior has a fresh coat of paint. The kitchen on the upper level has ocean views on a clear day. The refrigerator was recently replaced, also included are stainless steel dishwasher, range and farmhouse sink The cabinets, granite counters, island and light fixture were all part of the 2021 renovations. The hallway bath has newer fixtures, vanity, cabinets and granite counters..The generous sized master bedroom features a walk in closet and en-suite bathroom. Two additional bedrooms were added by prior owner without permits. The garage is home to the a new electric dryer, a newer washer in 2021 and an existing gas dryer. The exterior includes a back deck and outdoor entertaining area. The backyard was leveled and a retaining rock wall was built with chain link fencing on top. The home was outfitted with 40 photovoltaic panels and 3 Tesla batteries by Sunnova. This was owner purchased and the set up generates around $800./month in electricity. The note can be assumed for $600./month. The unit has a complete 25 year warranty, covering batteries and panels. For more photos please visit: https://listing.hawaiirealtysolutions.com/ut/7_Luana_Way.html
Highlights
Home typeSingle Family Residence
StatusActive
(A)
(A)
CoolingVaries By Unit
Size1,792 sqft
Year built1965
ParkingAttached, Covered
MLS #721265
Attached garage2 spaces
ViewGarden, Ocean, Other
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
- Flooring Type: Vinyl
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Covered
- View: Garden, Ocean, Other
- Cooling: Varies By Unit
- List Price: $700,000
- Price/SqFt: $390
- HOA Amount: $0 Monthly
- Annual Tax Amount: $6,156
- Tax Year: 2024
- Lot: Corner Lot
- Year Built: 1965
- Stories: 2
- Living Area: 1,792 SqFt
- MLS Number: 721265
- MLS Name: Hawaii Information Service
- Office Name: Coldwell Banker Island Properties - Hilo
- Office Phone: (808) 936-6717
© 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: 6/28/2025, 7:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$700,000
7 Luana Way
$8,313
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 08, 2021 | Home Sold | $475,000 |
| Dec 07, 2016 | Home Sold | $230,000 |
| Jul 28, 1998 | Home Sold | $117,600 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $554,600 | $6,156 |
| 2023 | $512,000 | $5,683 |
| 2022 | $505,400 | $5,609 |
| 2021 | $272,400 | $1,094 |
| 2020 | $264,500 | $1,055 |
| 2019 | $256,800 | $980 |
| 2018 | $249,300 | $2,640 |
| 2017 | $237,900 | $2,640 |
History based on county public records data.
Nearby schools
9
Ernest Bowen Desilva Elementary School
Public District PK-6
0.6 mi
•278 Ainako Ave
8
Kaumana Elementary School
Public District PK-6
1.8 mi
•1710 Kaumana Dr
7
Hilo Union Elementary School
Public District PK-6
1.9 mi
•506 Waianuenue 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 $59,626. Typical income of Hilo, HI residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
32%
<35k
47%
35k-100k
17%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
11%
Single, with Kids
30%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
40%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Symphony or Opera
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Boston Market
What do the neighbors drive?
Lincoln
Mazda
Volvo
What do the neighbors listen to?
Classical
Rock
Talk/Personality
All data provided by Home Junction and Claritas
Similar homes for sale
$7,244 Closing Credit¹
#720543, Listing office: Bizwala
$8,289 Closing Credit¹
#719342, Listing office: Coldwell Banker Island Properties - Hilo
Backup offers
$6,876 Closing Credit¹
#720301, Listing office: Hinano Island Realty LLC
Tour
$7,422 Closing Credit¹
#715848, Listing office: Aloha Sothebys International Realty Inc.
Backup offersTour
$7,588 Closing Credit¹
#718371, Listing office: Aloha Sothebys International Realty Inc.
$9,488 Closing Credit¹
#720224, Listing office: KW Big Island
Backup offersTour
$6,353 Closing Credit¹
#721015, Listing office: Positive Real Estate
$7,113 Closing Credit¹
#714620, Listing office: Ginoza Realty Inc
$8,301 Closing Credit¹
#721741, Listing office: Pacific Coast Properties Inc
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 7 Luana Way
The listing price of 7 Luana Way property is $700,000.
The property 7 Luana Way is a house located in Hilo, Hawaii, 96720.
Active Listing: 7 Luana Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7 Luana Way are: Ernest Bowen Desilva Elementary School (GreatSchools Rating 9/10), Kaumana Elementary School (GreatSchools Rating 8/10), Hilo Union Elementary School (GreatSchools Rating 7/10), Hilo Intermediate School (GreatSchools Rating 7/10), Waiakea Intermediate School (GreatSchools Rating 4/10), Prince Jonah Kalanianaole Elementary & Intermediate School (GreatSchools Rating 4/10), Hilo High School (GreatSchools Rating 4/10), Connections - New Century Public Charter School (GreatSchools Rating 4/10), Waiakea High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $6,156 (source: MLS/based on county public records data).
The last sale was on October 8, 2021 for $475,000 (source: MLS/tax record).
The property at 7 Luana Way has 4 bedrooms and 2 bathrooms.
The property 7 Luana Way is 1,792 SqFt (source: MLS/tax record).
The year of construction for 7 Luana Way is 1965.
This home is located at 7 Luana Way in Hilo, HI and zip code 96720. This 1,792 square foot home was built in 1965. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $700,000.
Hilo, HI housing market in May 2025 saw over 4 listings sold above listed price, more than 3 sold at listed price and over 13 sold below. The inventory of homes for sale in Hilo, HI between April and May 2025 increased by 2%. The median list price of listings available in May 2025 was $550,000, while the average time on the real estate market was 122 days.
From Rocket Homes Real Estate and based on county public records data.