289 WAINAKU ST # Hilo HI 96720

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LOTS/LAND

A$360000289 WAINAKU ST # Hilo HI 96720

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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.

LOCATION INFORMATION
District: South Hilo
Latitude: 19.73193329

INTERIOR FEATURES

EXTERIOR FEATURES
Septic or Sewer: None
Zoning: RM-10	Lot Size in Sq. Ft: 20000
Road Description: County
Lot Description: Prime Riverside Lot – 289 Wainaku St. \| 20,000 SF \| RM-10 Zoned	Lot Number: B-1-C-1`
Topography: Terraced

FEATURES

Additional Information
Tax Key: 326008022	Property Type: LOTS/LAND
Taxes: 100
Land Tenure: Fee Simple

$ 3,151 per month
30 Year Fixed. 3.525% Interest Rate.

Principal + Interest:	$
Monthly Tax:	$
Monthly Insurance:	$ 157

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Listed by: Better Homes and Gardens Real Estate Hank Correa Realty

Seller’s Representative:

Provided Courtesy of Hawaii Information Service. In this page not only will you see properties represented by Kohala Coast Properties, but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is updated approximately every two hours. The last update time is shown below.

HIS data last updated at January 30, 2026 9:10 AM HAST

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