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$360,000
Est. payment /mo
0.46 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type HIS Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 722190
HOA Y/N No
Annual Tax Amount $100
Tax Year 2024
Lot Size 0.459 Acres
Property Sub-Type HIS Vacant Land
Source Hawaii Information Service
Land Area 20000
Property Description
Buy and Enjoy a Piece of History - This is Royal Hawaiian Land.
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.
Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
Zoned RM-10 (Multi-Family Residential), the lot allows for flexible development or business 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.
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. (Topographic study and soil studies done) Whether you're a builder, investor, or visionary homeowner, this Wainaku lot offers incredible potential and natural beauty.
Buyer Option: Seller is willing to convey her nonprofit business which per the owner has an estimated $200,000 plus tax deduction and a reduced property tax of $200 instead of over $5000 and which can be used on other properties with many other benefits, please inquire.
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.
Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
Zoned RM-10 (Multi-Family Residential), the lot allows for flexible development or business 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.
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. (Topographic study and soil studies done) Whether you're a builder, investor, or visionary homeowner, this Wainaku lot offers incredible potential and natural beauty.
Buyer Option: Seller is willing to convey her nonprofit business which per the owner has an estimated $200,000 plus tax deduction and a reduced property tax of $200 instead of over $5000 and which can be used on other properties with many other benefits, please inquire.
Location
State HI
County Hawaii Island (big Island)
Area Hi
Zoning RM-10
Region South Hilo
City Region South Hilo
Exterior
Utilities Available Electricity Available, Underground Utilities
View Y/N No
Topography Terraced
Garage No
Private Pool No
Building
Lot Description Cleared, Interior Lot
Sewer None
Others
Ownership Full
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Fee Simple, Standard
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Listed by Better Homes and Gardens Real Estate Hank Correa Realty
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Travis Scott
Big Island Realtor | License ID: RS-83053
Big Island Realtor License ID: RS-83053