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235 Malaai Rd, 
Hilo, HI 96720

$495,000

3

Beds

2

Baths

972

Sq Ft

Single Family

Active

Listed by

Brendan Alcisto

Kw Big Island

808-930-5900

Last updated:

May 22, 2026, 11:30 AM

MLS#

728891

Source:

HI HIS

About This Home

235 Malaai Rd

Set on a full acre in the heart of Waiākea Homesteads, this classic Hilo property offers space, character, and a canvas for your next chapter. Built in 1967, the home carries a timeless feel with rich redwood paneling and hardwood flooring—details that reflect craftsmanship from a different era. With 3 bedrooms and 2 baths, there’s room to live comfortably while making it your own. Outside, the expansive acreage opens the door to endless possibilities—gardens, outdoor living, or simply enjoying the privacy and natural surroundings. A 2-car carport and an enclosed garage provide flexibility for storage, hobbies, or future use - totaling 980 sq ft of outdoor, covered space. Properties like this—offering both land and location—don’t come around often. Just minutes from Hilo town, yet with the space to truly breathe.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1967

Price Summary

495,000

$509 per Sq. Ft.

MLS #:

728891

Last Updated:

May 22, 2026, 11:30 AM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

972 Sq. Ft.

Structure

Structure

Building Area:

972 Sq. Ft.

Year Built:

1967

Lot

Lot Size (Sq. Ft):

43,604

Finances & Disclosures

Finances

Price:

$495,000

Price per Sq. Ft:

$509 per Sq. Ft.

Source:HI HIS
Listing information © 2021 MLS Hawaii, Inc. 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. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.