65 Makakai Pl in ALAE POINT | MLS® 719039 For Sale $979,000 in South Hilo, Hawaii

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Tropical Investment Opportunity in Lower Waiakea - Dual Home. Property with active STVR! Located in the serene and private subdivision off of Stainback. Hwy. This 1.1375 acre estate offers a rare blend of investment potential and Island charm. Located in a well-established subdivision with underground electricity and county water, this lush retreat is minutes from Hilo's conveniences while feeling like a private sanctuary. At the heart of the property is the primary residence, a spacious two story home featuring 4 bedrooms and 3 bathrooms. The expansive open beam ceiling and skylights enhance the airy, open feel of the living spaces, filling them with natural light. Beautiful slate flooring in the living room and hallway. Lets not forget the screened in lanai with breathtaking rainforest views- perfect for unwinding. The interior of up and downstairs has been freshly painted. This home has a solar water heater making it energy efficient. Adding to the appeal is a thriving income generating short term rental. This ohana / STVR accommodates 4-6 guests comfortably with 2 bedrooms &1 bath and comes with everything needed to enjoy Hawaii's outdoor adventures. With ample parking and a proven track record of success, this turn key rental offers immediate income potential for investors looking to maximize returns in Hilo's desirable market.

PANAEWA HEIGHTS 173 Opio Rd, South Hilo

$910,000 - 5 Beds, 5.00 Baths, 4,428 Sf

MLS® # 718891

RE/MAX Properties

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Nestled amid the emerald embrace of a lush, rural oasis, this single-story sanctuary whispers aloha with every breeze. A meandering driveway, kissed by the earth, unfurls toward a gracious home crowned with a sturdy metal roof, its spacious garage a quiet promise of possibility. Here, nature’s artistry—towering trees and vibrant tropical fronds—cradles the soul in privacy, while manicured grounds stretch wide, inviting dreams of gardens, laughter, or new horizons. Step inside, where a sunlit kitchen glows with white cabinetry, gleaming stainless steel, and wraparound windows that drink in the verdant rainforest beyond. Living and dining spaces dance together, flowing effortlessly to a covered lanai—a haven for sharing stories or savoring the symphony of panoramic views. Bedrooms, generous and warm, rest beneath ceiling fans, their updated floors echoing the island’s timeless charm. Bathrooms, adorned with modern fixtures, offer serenity—a jetted tub to soak away cares, a space to breathe. In this tranquil retreat, where Hawaii’s lush heart meets human comfort, serenity and connection bloom as one in a rural tapestry of grace.

WAIAKEA HMSTD 699 Kulaloa Road, Hilo

$1,199,000 - 4 Beds, 3.00 Baths, 2,910 Sf

MLS® # 202505727

HomeSmart Island Homes

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Nestled in the desirable Waiakea area of Hilo, this spacious home on Mehana Place offers over 3,000 square feet of living space on a private landscaped half-acre + lot. The property is surrounded by tropical vegetation, including 5 mature fruiting citrus trees (lemon, tangerine and mandarin), 2 avocado trees, an ulu tree, a juvenile Mac nut tree. and is partially enclosed with vinyl fencing for added privacy. A standout feature of the main level is the stunning sunroom, where a wall of windows fills the space with natural light. Step outside, and you'll find a serene private fishpond and a separate covered BBQ area—perfect for outdoor relaxation and entertaining. Inside, the kitchen boasts ample cabinet and counter space, with a laundry room conveniently located nearby. Flowing seamlessly into the living room and beyond, the home retains its original hardwood floors in excellent condition, complemented by custom Shoji doors and other unique architectural details. This level also includes 2 bedrooms and a full bath, In addition to the primary suite and bath thoughtfully tucked away in one corner for added privacy. The lower level offers versatile spaces, including a one-bedroom, one-bath unit with a kitchenette currently operating as a hosted vacation rental. Additionally, there is a workshop and office area, providing ample room for hobbies or remote work. Energy-efficient features include a solar hot water heater and an owned photovoltaic system with net metering, helping to keep utility costs low. An added bonus is a cozy structure that can be used as an office. This exceptional property blends charm, space, and sustainability in a sought-after Hilo location. *** Take a look at the amazing property video **

WAIAKEA HOMESTEADS 1ST SERIES 412 Mehana Pl, South Hilo

$800,000 - 3 Beds, 3.00 Baths, 3,097 Sf

MLS® # 713801

Coldwell Banker Island Properties - Hilo

$979,000

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$979,000

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