Waiakea Homestead Houselots Homes with Fee Simple Land tenure

Welcome to Waiakea Homestead Houselots, a charming neighborhood nestled in the lush landscape of Hilo, Hawaii. This serene community is a hidden gem on the Big Island, offering a unique blend of natural beauty and a strong sense of community. With its picturesque surroundings, Waiakea Homestead is perfect for those seeking a tranquil lifestyle while still being close to the vibrant culture of Hilo.

The neighborhood features fee simple land tenure, providing homeowners with complete ownership of their property, which is a significant advantage in Hawaii's real estate market. This means you can enjoy the peace of mind that comes with owning your land outright, allowing for greater flexibility in your homeownership experience.

Waiakea Homestead is characterized by its spacious lots, allowing residents to build their dream homes in a setting that boasts panoramic views of the surrounding mountains and lush greenery. The community is designed with family living in mind, featuring well-maintained roads, parks, and recreational areas that encourage outdoor activities and foster a strong sense of community among neighbors.

Located just a short drive from Hilo’s bustling downtown area, residents have easy access to local shops, restaurants, and cultural attractions. The nearby beaches offer opportunities for swimming, snorkeling, and soaking in the sun, while the lush rainforests and stunning waterfalls provide endless exploration opportunities.

Whether you’re looking to build your forever home or invest in a slice of paradise, Waiakea Homestead Houselots is a community that promises both beauty and a welcoming atmosphere. Come discover the charm of Hilo living!

Newest Waiakea Homestead Houselots Homes with Fee Simple Land tenure

$499,000

5 Beds ⋅ 2 Baths ⋅ 731948 MLS ⋅ ['Fee Simple'] Tenure

Opportunity Knocks! Are you going to answer? This wonderful classic Hilo home has been in this family for three generations and now is your chance to make it your own. As you can see it is well beyond its glory days but with the right amount of work and love this stunning plantation mangers home will come back to life and shine again. In addition to a large open floor plan this property offers addtional space for possible addtion of second dwelling or subdivision. Buyer should check with county planning and building departments to confirm. Home is being sold as-is. It has been vacant for a very long time, there are active termites and there are areas in the home that have extensive termite damage. Please take caution when viewing this home with your agent. The information herein while deemed reliable, may contain inaccuracies and is provided without warranty or guarantee of any kind. Tax records do not match actual bed and bath count; Buyer and Buyer's agent to do due diligence especially due to the age of the home and time period of construction. Agents and buyers are advised to independently verify any information they deem material or important to the decision to purchase the property including, but not limited to, the condition, permits and square footage of the property. Square footage is approximate and should be verified by a certified appraisal.

1735 Kinoole St, HILO

Listing courtesy of Iokua Real Estate.

$749,000

3 Beds ⋅ 2 Baths ⋅ 731716 MLS ⋅ ['Fee Simple'] Tenure

BRAND NEW!! THE ONLY 2026 BUILT Hilo Home Currently ON MARKET!! COUNTY WATER!! PAVED ROAD!! ELECTRICITY!! 3 bedrooms and 2 CUSTOM bathrooms. In the heart of Hilo, Prince Kuihio Mall, Safeway, Walmart, HomeDepot, schools etc...!! BRAND New Construction Contractor Built! 3 bedroom, 2 bath. Kitchen has beautiful Quartz Countertops, great gas range/oven, microwave, dishwasher and a SHINY NEW REFRIGERATOR!! Dining, living room, vaulted ceilings, 5 ceiling fans. Interior laundry, including a washer, dryer and sink, 2-car carport and storage. Double Pane Vinyl Windows. BRAND NEW CONSTUCTION!! EZ TO SEE!

2294 Kilauea Ave, HILO

Listing courtesy of New eRealty.

$570,000

6 Beds ⋅ 2 Baths ⋅ 731131 MLS ⋅ ['Fee Simple'] Tenure

Opportunity meets versatility in this centrally located Hilo property just off of Kinoole St. near Kawailani. With 6 bedrooms and 2 bathrooms, this home is ideal for multi-generational living, savvy investors, or owner occupants looking to offset mortgage with rental income. Designed for flexibility, the home can function as two separate living spaces or one expansive residence, featuring an interior connection between levels, along with private exterior entrances for each floor. The upstairs has been updated and includes a full kitchen with all stainless kitchen appliances, a gas stove and plenty of cross through breeze action to create a bright and comfortable primary living area. Downstairs includes three bedrooms, one large bathroom, and a convenient kitchenette with a refrigerator, freezer, microwave, toaster oven, and portable cook top--ideal for extended family guest or flexible living arrangements. The fully fenced lot provides both privacy and functionality, with ample parking and standout outdoor features. Enjoy a peaceful pond, a custom lava rock BBQ area, built in picnic table, multiple dog kennels or storage areas and a grassy yard, perfect for family fun, pets and or gardening. Located just minutes from UH Hilo, great public schools, shopping and dining, this property combines everyday convenience with exceptional flexibility --making it a rare opportunity with both lifestyle and investment appeal.

2133 Kinoole St, HILO

Listing courtesy of Salt Water Real Estate LLC.

$399,000

3 Beds ⋅ 1 Baths ⋅ 725022 MLS ⋅ ['Fee Simple'] Tenure

BACK UP OFFERS ACCEPTED! Tucked away on a large, quiet flag lot, this vintage Hilo residence, built in the 1920s, offers classic island charm and plenty of potential. Situated on a 16,912 sq. ft. lot, just minutes from UH Hilo, schools, shops, cafés, and historic Bayfront, this location blends privacy with convenience. With RS-10 zoning and the new Bill 123, buyers are encouraged to investigate the possibility of adding an Accessory Dwelling Unit (ADU) or expanding the existing structure. Buyer to confirm zoning, setbacks, and utility/infrastructure eligibility with the County. A rare opportunity to own a piece of old Hilo with room to grow — ideal for those looking for rental income, customize, renovate, or create multi-unit living in one of the area’s most desirable neighborhoods. The long-term tenant is reliable, treats the home with care, and would like to stay on! Please do not drive by. All showings to be accompanied by a REALTOR®.

2669 Kilauea Ave, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$450,000

2 Beds ⋅ 3 Baths ⋅ 669256 MLS ⋅ ['Fee Simple'] Tenure

Fixer. Handicap Accessible Acorn stairlift to the second floor. Seller motivated. Cute 2 bed 2.5 bath home on large lot over a quarter acre, off an attractive paved circle road, with HELCO power and County water, in nice area of Hilo minutes to Prince Kuhio shopping Center, Puainako Center, Walmart, Target, Home Depot, Hilo Airport, Hilo Municipal Golf Course, Beach Parks, University of Hawaii at Hilo, and much more. Seller says this Home is a Hurricane Resistant Deltec Home and that when his family built the house in 1992 his father carefully chose the biggest, highest and best lot in the subdivision with the best views. Great convenient location just off main Highway. Bring your vision and upgrade this diamond in the rough. There are mature and young fruit trees in the yard, including naval orange, apple banana, Meyer lemon, tangerine, jabong (large aromatic citrus), Chatwell Avocado, Tahitian coconut, Passion Fruit aka Lilikoi as well as garden vegetables, berries and flowers. Per Seller approx 1,200 sqft open concrete slab under house is partially enclosed with a possibly unpermitted wall, storage area, and studio "unit" with separate entrance & toilet/shower. Seller states this home is constructed of Southern yellow pine and Cedar with an asphalt shingle roof that is ready to be replaced. With some TLC this might just be your ideal Big Island home in paradise. Distressed Property. Pre Foreclosure. Use Distressed Property Addendum.

126 Kinai Pl, HILO

Listing courtesy of Sherrill A Erickson dba HALE 414.

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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.