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289 Wainaku St, 
Hilo, HI 96720

$550,000


Bed


Bath


-

Sq Ft


0.46

Acres (Lot)


Land

Active

Listed by

Jonathan T. Correa

Better Homes And Gardens Real Estate Hank Correa Realty

808-961-3300

Last updated:

July 14, 2025, 11:27 AM

MLS#

722190

Source:

HI HIS

About This Land

289 Wainaku St

Discover the rare opportunity to own a spacious 20,000-square-foot lot nestled in the heart of Wainaku, just minutes from Downtown Hilo. Located on 289 Wainaku Street, this expansive property offers direct riverside frontage, creating a serene and scenic setting ideal for residential development.

Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.

Zoned RM-10 (Multi-Family Residential), the lot allows for flexible development potential – from a custom single-family residence to a multi-unit investment property (subject to county approval). Enjoy the lush surroundings, gentle river sounds, and mature tropical landscape that give this parcel a truly peaceful, retreat-like feel.

With utilities nearby (500 Amp Underground Electric Installed / 1 Water Meter) and paved road access, this is a unique chance to develop in one of Hilo’s most desirable neighborhoods. Whether you're a builder, investor, or visionary homeowner, this Wainaku lot offers incredible potential and natural beauty.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.46

MLS #:

722190

Last Updated:

July 14, 2025, 11:27 AM

Added:

17 day(s) ago


Finances & Disclosures

Finances

Price:

$550,000

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 from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.