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Brent Wenner

Hawaii

brent@axenrealty.com +1(808) 430-5522

$ 650,000

Est. payment -/mo

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Open Sun 10AM-1PM

491 IWALANI ST Hilo, HI 96720

3 Beds

2 Baths

1,038 SqFt

Open House

Sun Oct 11, 10:00am - 1:00pm

Wed Oct 14, 3:00pm - 6:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,038 sqft

Price per Sqft $626

Subdivision Waiakea Homesteads 1St Series

MLS Listing ID 733447

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1955

Annual Tax Amount $266

Tax Year 2026

Lot Size 0.459 Acres

Property Sub-Type Single Family Residence

Source Hawaii Information Service

Land Area 19980

Property Description

Embrace true old-Hawaii charm with this captivating 1950s Kamaʻāina plantation home in Hilo, Hawaii. Situated on approximately half an acre, this property offers an ultra-rare lifestyle feature: it borders the Hilo Municipal Golf Course, allowing you to walk directly onto the green right from your own backyard. Rich with Hawai'i plantation character and soul, this classic residence is packed with untapped potential and is ready for the right buyer to restore it to its absolute finest glory.

The upper level of the home features 3 bedrooms and 1 full bathroom, retaining the iconic redwood bones of a traditional plantation build. Hidden beneath years of history are original hardwood floors just waiting to be sanded and refinished into a stunning focal point. Downstairs, the highly functional lower level expands your options exponentially. Complete with a flexible living space, a convenient kitchenette, and a half bath, this lower layout is ideal for hosting extended family, creating a dedicated remote work suite. Or perhaps an interior Gym or excess storage area?

While the home does need some cosmetic renovations and restoration to truly shine, it represents a blank canvas in an unbeatable location. Imagine sipping morning coffee in your Kitchen while looking out over manicured fairway greens, or spending your afternoons practicing your swing just steps from your back door. Property opportunities like this along the Hilo Municipal Golf Course are not common- here is your chance to secure your dream home! Just a few minutes away from Hilo Plaza, Target/Walmart and Puainako Shopping Center. Also- take the upper road to reach Hilo Benioff Medical Center or Kaiser in 10-15 minutes! Bring your contractor, your vision, and your love for vintage Hawaiian Homes to check out this Hilo gem today.

***Requires an appointment to enter property, please do not visit without an agent***

Location

State HI

County Hawaii Island (big Island)

Community Waiakea Homesteads 1St Series

Area Hi

Zoning RS-15

Region South Hilo

City Region South Hilo

Interior

Flooring Carpet

Exterior

Parking Features Attached, Covered

Utilities Available Electricity Available

View Y/N No

Garage No

Private Pool No

Building

Sewer Cesspool

Others

Ownership Full

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

Special Listing Condition Fee Simple, Standard

Listed by Iokua Real Estate

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