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$400,000

Ainaola Dr Hilo, HI 96720

Land

Property details

About Ainaola Dr

Discover the perfect balance of rural tranquility and convenience with this newly subdivided 3.17-acre parcel in the desirable Waiākea Homesteads, just minutes from Hilo town. Situated at a comfortable 1,400 ft elevation, this property offers cooler temperatures, lush surroundings, and expansive skies.<br><br>Mostly cleared and ready for your vision, this land provides a beautiful canvas for building a custom home, small farm, or retreat. The gentle slope of the land offers excellent drainage and multiple potential building sites. With rich volcanic soil and a peaceful setting, it’s ideal for gardening, orchards, or sustainable living.<br><br>Located in an established and sought-after area, yet just a short drive to schools, shopping, Hilo Medical Center, and the Hilo airport, this property gives you the best of both worlds — privacy and accessibility.<br><br>Whether you're dreaming of a homestead, investment property, or a private getaway, this Waiākea Homesteads parcel is a rare find in East Hawai‘i.<br><br>Adjacent lots also available: <br> TMK 3-2-4-7-214 — 3.13 acres | MLS #722708<br> TMK 3-2-4-7-271 — 3.07 acres | Not yet listed on MLS<br><br>Please do not drive or walk onto the easement driveway without a scheduled showing. The listing agent must be present. The easement is shared and not clearly marked, and unauthorized access is strictly prohibited.<br><br>*Newly subdivided — see updated Consolidation & Resubdivision Map. Full due diligence folder available upon request*

Highlights

Home typeOther
StatusActive
(A)
MLS #722707

Summary

  • List Price: $400,000
  • HOA Amount: $0 Monthly
  • MLS Number: 722707
  • MLS Name: Hawaii Information Service
  • Office Name: eXp Realty

IDX © 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: 8/2/2025, 8:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 12, 2024
Home Sold
$885,000
Sep 19, 2022
Home Sold
$230,000
Sep 16, 2022
Home Sold
$230,000
Aug 16, 2022
Home Sold
$230,000
Jun 04, 2018
Home Sold
$180,900
Jan 26, 2012
Home Sold
$600,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

8

Kaumana Elementary School

Public District PK-6

3.8 mi

1710 Kaumana Dr

8

Waiakeawaena Elementary School

Public District PK-5

5.5 mi

2420 Kilauea Ave

9

Ernest Bowen Desilva Elementary School

Public District PK-6

5.6 mi

278 Ainako Ave

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 $66,181. The majority of Hilo, HI residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
48%
35k-100k
25%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
13%
Single, with Kids
31%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • ArbysArbys
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • LexusLexus
  • GMCGMC
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • New CountryNew Country
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 Ainaola Dr

The listing price of Ainaola Dr property is $400,000.

The property Ainaola Dr is land located in Hilo, Hawaii, 96720.

Active Listing: Ainaola Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for Ainaola Dr are: Kaumana Elementary School (GreatSchools Rating 8/10), Waiakeawaena Elementary School (GreatSchools Rating 8/10), Ernest Bowen Desilva Elementary School (GreatSchools Rating 9/10), Waiakea Intermediate School (GreatSchools Rating 4/10), Keaau Middle School (GreatSchools Rating 3/10), Hilo Intermediate School (GreatSchools Rating 7/10), Waiakea High School (GreatSchools Rating 7/10), Hilo High School (GreatSchools Rating 4/10), Keaau High School (GreatSchools Rating 5/10).

The last sale was on September 12, 2024 for $885,000 (source: MLS/tax record).

This home is located at Ainaola Dr in Hilo, HI and zip code 96720. Features: 0 bathroom. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $400,000.

In July 2025, from all listings sold in Hilo, HI there were more than 5 sold above asking price, over 12 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Hilo, HI increased by 0.9% between June and July 2025.

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

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