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Eric S. & Lisa K. West

  • Cell 808-298-2030

518 Iwalani St, HILO, Hawaii – $875,000 (Fee Simple)

  • 5 Beds
  • 3 Baths
  • 2,948 Sqft
  • .46 Acres
  • 5 Beds
  • 3 Baths
  • 2,948 Sqft
  • .46 Acres

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518 Iwalani St

MLS® 709719 (Hawaii Real Estate) is located at 518 Iwalani St HILO HI 96720 in WAIAKEA HOMESTEADS 1ST SERIES . The current listing status is Contingent. This 5 bed and 3 bath Home was built in and features 2948 finished sq.ft with a lot size of 0.46 acres. This property has a reported annual taxes of $3,306. This property is currently listed for an *asking* price of $875,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Don't miss out on this exceptional opportunity to own not one, but two residential units on a generous19,980 sf lot. The main home is a 2 story kama'aina classic featuring 4 bedrooms and 2 full baths and office. The home has been updated through the years but still maintains it's charm. In addition to this, the former boat house in back has been converted to a modern and fully permitted 2 bedroom 1 bath ohana, perfect for the extended family, aging parents or could even be rented out for additional income. Property is fully fenced making it safe for both pets or children. When it comes to location, it doesn't get much better than this! Just 2 minutes away from the Hilo Municipal golf course, 5 minutes to UH- Hilo and less than 10 minutes to KTS, Prince Kuhio Plaza, Target, Safeway, Home Depot and numerous other businesses and restaurants. PV system has 10 years remaining on a 20 year lease with Sunrun and will be transferred to new owner at closing. Cost is currently $81/month

Essential Information

  • MLS® #709719
  • Price$875,000
  • Land TenureFee Simple
  • Bedrooms5
  • Bathrooms3.00
  • Full Baths3
  • Half Baths2
  • Square Footage2,948
  • Acres0.46
  • TypeResidential
  • StatusContingent

Community Information

  • Address518 Iwalani St
  • CityHILO
  • StateHawaii
  • Zip Code96720


  • ParkingAttached, Covered


  • CoolingAir Conditioning, Split/Zoned


Disposal, Range Hood, Range/Oven, Refrigerator


  • ExteriorFir/Pine
  • Lot DescriptionClear
  • RoofCorrugated Iron, Steel/Metal
  • FoundationBasement, Concrete


Double Wall, Single Wall, Wood Frame

Additional Information

  • Date ListedMay 9th, 2024
  • ZoningRS-15

Listing Details

  • OfficeColdwell Banker Island Properties - Hilo
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IDX is deemed reliable but is not guaranteed accurate by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved.

Listing information last updated on June 12th, 2024 at 12:45pm HST.