Kaumana Terrace Homes with Fee Simple Land tenure

Kaumana Terrace Homes with Fee Simple Land tenure

Welcome to Kaumana Terrace, a charming neighborhood nestled in the heart of Hilo, Hawaii. Known for its lush landscapes and vibrant community spirit, Kaumana Terrace offers a unique blend of natural beauty and suburban comfort. This picturesque area is characterized by its gentle slopes, stunning views of the surrounding mountains, and proximity to the breathtaking Hamakua Coast.

Homes in Kaumana Terrace come with Fee Simple land tenure, providing homeowners with complete ownership of their property. This means you not only own your home but also the land it sits on, allowing for greater freedom in making your space truly yours. The neighborhood features a variety of architectural styles, from cozy single-family homes to spacious residences, catering to diverse tastes and lifestyles.

Living in Kaumana Terrace means enjoying the best of both worlds: the tranquility of suburban life and the vibrant culture of Hilo. The community is conveniently located near local schools, parks, and shopping centers, making daily errands a breeze. Plus, with the stunning natural beauty of the Big Island at your doorstep, outdoor enthusiasts will find plenty of opportunities for hiking, biking, and exploring the unique flora and fauna that Hawaii has to offer.

Whether you're a first-time homebuyer or looking to settle down in a welcoming community, Kaumana Terrace is a hidden gem that promises a fulfilling lifestyle amidst the beauty of Hawaii. Come discover your dream home in this idyllic neighborhood, where the spirit of Aloha is alive and thriving!

Newest Kaumana Terrace Homes with Fee Simple Land tenure

$550,000
2 Beds ⋅ 2 Baths ⋅ 730139 MLS ⋅ ['Fee Simple'] Tenure
E Komo Mai (Welcome) to this well-maintained 2-bedroom, 1.5-bath home perched at the top of Terrace Circle in highly desirable Kaumana Terrace. Enjoy beautiful ocean, coastline, Hilo Bay, and town views from this charming property, perfectly positioned to take in sunsets and holiday fireworks from the comfort of home. Located within the sought-after DeSilva Elementary School district, this move-in ready home has been recently refreshed with new vinyl laminate flooring, updated countertops with a stylish glass tile backsplash, updated light fixtures, new range hood, updated electrical including GFCI protection in the utility room, and fresh interior and exterior paint. Pride of ownership is evident throughout, with consistent care and maintenance over the years. The roof was replaced in 2010 with new gutters. The home was fumigated in 2024; any future treatment shall be at Buyer's expense. Situated on a generous approximately 10,150 sq. ft. lot, the property offers excellent potential for future expansion. Enclose the existing carport to create additional living space, build a spacious front deck to maximize the views, or simply enjoy the charm and simplicity of this sweet home as it is today. Whether you're looking for a starter home, downsizing, investing, or seeking a property with future upside, this is a rare opportunity to own a well-maintained home in one of Hilo's most desirable established neighborhoods. Buyer and Buyer's agent to independently verify all information deemed material or important to the purchase, including school district boundaries and enrollment requirements.

151 Terrace Circle, HILO

Listing courtesy of Hara Chun Realty, LLC.

$580,000
3 Beds ⋅ 2 Baths ⋅ 729612 MLS ⋅ ['Fee Simple'] Tenure
KAUMANA TERRACE, WELL-MAINTAINED 3BD/1.75BA HOME IN E.B. DESILVA ELEMENTARY SCHOOL DISTRICT! Original family owner, first time on the market. 3 bedroom, 1 full bath in main living area, with Oak wood floors. Kitchen features built-in wood cabinets, pantry, vinyl flooring, and a large stainless-steel sink. Appliances include refrigerator and range/oven. Dining area has a built-in "buffet-style" counter/cabinet. Living room can be separated by a sliding Shoji door. Outside you will find a laundry area, which includes a toilet and an over-sized walk-in shower, which used to have a Japanese-style Furo soaking tub. 2-car carport also has ample storge space, and the asphalt driveway can accommodate 4 to 6 additional cars. Home is clean and move-in ready! Beautifully landscaped and well-maintained yard! Enjoy the many conveniences of Hilo town, including, but not limited to: Prince Kuhio Plaza, UH-Hilo, schools, grocery stores, restaurants, banks, gas stations, hardware stores, police station, fire station, hospitals, doctor offices, post office, as well as many other services. The information herein is believed to be correct but may contain inaccuracies and is provided without warranty or guarantee of any kind. Agent and Buyers must independently verify any information they deem material or important to their purchase of this property.

87 Terrace Dr, HILO

Listing courtesy of Ah Chong Realty, LLC.

$885,000
4 Beds ⋅ 4 Baths ⋅ 727793 MLS ⋅ ['Fee Simple'] Tenure
STUNNING MULTI-GENERATIONAL LIVING IN THE HEART OF HILO. Discover the perfect blend of classic Hilo charm and modern convenience in this spacious 4-bedroom, 3.5-bathroom residence on highly sought-after Terrace Drive. Situated within the desirable E.B. DeSilva Elementary School District, this home offers an unparalleled opportunity for families seeking a serene, established neighborhood. Upon entering, you are greeted by the warmth of rich hardwood floors and the airy grandeur of open beam ceilings. The layout maximizes comfort and natural light with an abundance of windows framing the lush surrounding greenery. To the left, the inviting living room serves as a peaceful retreat, extending to a private covered lanai perfect for morning coffee or quiet reflection. The kitchen underwent a thoughtful 2019 renovation, boasting contemporary cabinets, quartz countertops, and stylish flooring. A cozy kitchen nook provides the perfect space for casual meals. Down the main hallway are two comfortable bedrooms, including a primary suite with a convenient half-bath. An updated full bathroom is also nearby. A step off the kitchen is an additional bedroom/studio featuring its own full bath. This versatile space opens onto an open deck overlooking a stunning canopy of tropical vegetation. The surprises continue on the lower level, which features a fully realized private living space perfect for extended family. This level is also currently used as a short-term vacation rental, providing an excellent opportunity for supplemental income. It includes a spacious bedroom, full bath, kitchenette, dining area, and comfortable living room. A separate covered lanai ensures privacy and independence. Pride of ownership shines with a new roof installed in 2019. This property offers the space, the school district, and the flexibility you have been looking for. Property video: https://realestatevideos.vids.io/videos/5a9bd2ba1e16eec9d0/77-terrace-dr

77 Terrace Dr, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

Start Your Search

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.