Moku Intel

WAIAKEA HOMESTEADS 1ST SERIES · Hilo

491 IWALANI ST, HILO, HI 96720

$650,000

3BR · 2BA · 1,038 sqft

491 IWALANI ST, HILO, HI 96720

Property details

Beds / baths
3BR · 2BA
Living area
1,038 sqft
Price / sqft
$626/sqft
HOA
—
Days on market
1 days
Year built
1955
Property type
Residential · Single Family Residence
Ownership
Full
Land tenure
Fee Simple
MLS #
733447
Status
Active
Location
View on Google Maps

About this listing

Embrace true old-Hawaii charm with this captivating 1950s Kamaʻāina plantation home in Hilo, Hawaii. Situated on approximately half an acre, this property offers an ultra-rare lifestyle feature: it borders the Hilo Municipal Golf Course, allowing you to walk directly onto the green right from your own backyard. Rich with Hawai'i plantation character and soul, this classic residence is packed with untapped potential and is ready for the right buyer to restore it to its absolute finest glory. The upper level of the home features 3 bedrooms and 1 full bathroom, retaining the iconic redwood bones of a traditional plantation build. Hidden beneath years of history are original hardwood floors just waiting to be sanded and refinished into a stunning focal point. Downstairs, the highly functional lower level expands your options exponentially. Complete with a flexible living space, a convenient kitchenette, and a half bath, this lower layout is ideal for hosting extended family, creating a dedicated remote work suite. Or perhaps an interior Gym or excess storage area? While the home does need some cosmetic renovations and restoration to truly shine, it represents a blank canvas in an unbeatable location. Imagine sipping morning coffee in your Kitchen while looking out over manicured fairway greens, or spending your afternoons practicing your swing just steps from your back door. Property opportunities like this along the Hilo Municipal Golf Course are not common- here is your chance to secure your dream home! Just a few minutes away from Hilo Plaza, Target/Walmart and Puainako Shopping Center. Also- take the upper road to reach Hilo Benioff Medical Center or Kaiser in 10-15 minutes! Bring your contractor, your vision, and your love for vintage Hawaiian Homes to check out this Hilo gem today. ***Requires an appointment to enter property, please do not visit without an agent***

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 Iokua Real Estate

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.

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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Data last updated: Oct 9, 2026, 2:00 PM HST

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

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