272 LAMA ST # Hilo HI 96720
PANAEWA HOUSELOTS
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Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering nearly 3 acres of usable land with room for expansion, gardening, farming, recreation, or multi-generational living. This unique property features two existing homes with three assigned street addresses, providing flexibility for extended family living, rental income potential, guest accommodations, or home-based business use. Thoughtful improvements have been completed throughout the property following a recent pre-listing inspection, enhancing both dwellings and creating a refreshed, move-in-ready opportunity. The main residence features interior & exterior repainting, roof repainting, repaired termite damage, refreshed accent walls, updated fixtures, new GFCI outlets in kitchen & bath areas, screened openings, and numerous additional repairs that contribute to the home's clean and well-maintained appearance. The secondary dwelling has also benefited from substantial upgrades, including new vinyl flooring, interior & exterior paint, updated fixtures, a new water heater, new entry railing, patio improvements, wall repairs, and upgraded GFCI electrical safety features in the kitchen & bath areas. Conveniently located in the desirable Panaewa area, just minutes from Hilo town, shopping, schools, and parks, this property offers the privacy, flexibility, and open space that are increasingly difficult to find so close to town.
| LOCATION INFORMATION | |
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District: South Hilo |
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| Latitude: 19.66735002 | |
| Subdivision: PANAEWA HOUSELOTS |
| INTERIOR FEATURES | |
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Floors: Carpet, Hardwood |
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| EXTERIOR FEATURES | |
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Septic or Sewer: Cesspool |
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| Parking Description: 760 | |
| Zoning: A-3A | Lot Size in Sq. Ft: 118483 |
| Road Description: County, Paved | |
| Lot Description: Updated dual homes on nearly 3 acres near Hilo town | Lot Number: 56 |
| FEATURES | |
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| Additional Information | |
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Tax Key: 322052001 |
Property Type: HOUSE |
| Year Built: 1963 | |
| Taxes: 3975.79 | |
| Land Tenure: Fee Simple |
30 Year Fixed. 3.525% Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ 157 |
Listed by: Hara Chun Realty, LLC
Seller’s Representative:
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HIS data last updated at July 24, 2026 8:54 PM HAST