This extraordinary 20-acre estate is embraced by two freshwater streams: a spring-fed creek along its upper edge and the year-round Hanawi Stream, where cascading waterfalls tumble into a crystal-clear natural pool. Bordering the river, with direct views of the waterfall and swimming hole, the property also includes an easement of .8 acres of flat, usable land with a hand-crafted stone riverbank. This versatile space is ideal for camping, gatherings, or easy river access by road. Additional riverside parking supports larger events or recreational use. Several prime building sites command unobstructed vistas of the sapphire Pacific, Hilo Bay, multiple waterfalls, and the snow-capped summit of Mauna Kea. A dramatic promontory offers panoramic upriver views into the lush gorge. Included in the sale are fully permitted plans for an exquisite multifaceted post & pier residence, artfully sited to showcase both the waterfalls and the bay, perched elegantly on the slope’s edge. Existing infrastructure makes the property immediately livable and workable: a mobile tiny house, a hoop house for cultivation or projects, paved access, utilities at the lot, and a finished driveway. Located within a private gated community, view planes are protected to ensure lasting privacy and beauty. Just nine miles from Downtown Hilo and the international airport, this property blends rare natural splendor with modern convenience—a true coastal sanctuary. Contact agent to set up showing.