Moku Intel

Big Island listing · Hilo

289 WAINAKU ST, HILO, HI 96720

$525,000

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289 WAINAKU ST, HILO, HI 96720

Property details

Beds / baths
—
Living area
—
Price / sqft
—
HOA
—
Days on market
1 days
Year built
—
Property type
Land
Ownership
Full
Land tenure
Fee Simple
MLS #
732996
Status
Active
Location
View on Google Maps

About this listing

So rare to find stream-front building lots in Hilo that feel like it's hidden in the mountains. Less than 5 minute drive into downtown Hilo, this gorgeous vacant lot sits on Pukihae Stream. Reference Photos in listing reflect the property in its heyday. Jungle does what jungle does & is slowly being reborn. It's just waiting for a visionary to give it a good manicure or further develop & build new homes or business? A Narnia-like vision for the potential charm of this property is reflected in many attached photos. Some of the photos depict lot as it had been before the forest reclaimed improvements (concrete pads, sidewalks and retaining walls are overgrown). A blank canvas with exceptionally beautiful composition. Property located between the two other subdivision lots. Legal easements of record are in place for roadway access and utilities to Wainaku Street. Electric transmission line installed; county water transmission line partially installed in easement area on abutting roadside lot to Wainaku Street but additional installation needs to be arranged; Driveway is located within roadway easement located on flagpole portion of the rear subdivision lot. Installation of driveway onto property from the flagpole easement remains to be arranged; Additional parking options along Wainaku Street and on abutting roadside lot are possible; Includes and subject to shared recreational streamside easement. Subdivision bylaws including for maintenance of recreational easement area exist but contain disputed provisions that new owners encouraged to work with the other subdivision owners to update. Seller reports the property's provenance includes being previously owned by the sister of King Kamehameha IV. A good weed whacker & some sweat equity could turn it back into its delightful self. Verification of potential and all due diligence is the responsibility of Buyers and their Realtors®. MLS 732996

Henry Beam

Preferred agent

Henry Beam

Real Estate Salesperson, Hawaiʻi · RS-87501

Better Homes & Gardens Real Estate Rainbow Island Properties · RB-23862

Listing courtesy of Corcoran Pacific Properties

Source: MLS Hawaii

© 2026 MLS Hawaii, Inc. All rights reserved.

Walk this property next?

Fifteen minutes with a licensed Big Island specialist on the phone usually answers whether the numbers, the neighborhood, and the timing line up.

Real-estate services provided by Henry Beam, RS-87501, of Better Homes & Gardens Real Estate Rainbow Island Properties (RB-23862).

(808) 212-1980 · 5294 Kahiliholo Rd., Suite D, Kilauea, HI 96754

Properties marked with the IDX icon are provided courtesy of Hawaii Information Service MLS.

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Data last updated: Oct 1, 2026, 2:01 AM HST

To report inaccurate listing data, email henry@mokuintel.com.

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