272 Lama St in PANAEWA HOUSELOTS | MLS® 725751 For Sale $1,349,000 in South Hilo, Hawaii

$1,349,000

NEW MLS® #: 725751
272 Lama St
South Hilo, HI 96720

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$1,349,000

NEW MLS® #: 725751
272 Lama St
South Hilo, HI 96720

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6 Beds

4 Baths

4,543 Sqft

2.72 Acres

1963

Year Built

Overview 6 Beds, 4 Bath, 4543 SQ. Feet, 2.72 Acres
Listing Type Residential
Office: Hara Chun Realty, LLC

Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering nearly 3 acres of usable land with room for expansion, gardening, farming, recreation, or multi-generational living. This unique property features two existing homes with three assigned street addresses, providing flexibility for extended family living, rental income potential, guest accommodations, or home-based business use. Thoughtful improvements have been completed throughout the property following a recent pre-listing inspection, enhancing both dwellings and creating a refreshed, move-in-ready opportunity. The main residence features interior & exterior repainting, roof repainting, repaired termite damage, refreshed accent walls, updated fixtures, new GFCI outlets in kitchen & bath areas, screened openings, and numerous additional repairs that contribute to the home's clean and well-maintained appearance. The secondary dwelling has also benefited from substantial upgrades, including new vinyl flooring, interior & exterior paint, updated fixtures, a new water heater, new entry railing, patio improvements, wall repairs, and upgraded GFCI electrical safety features in the kitchen & bath areas. Conveniently located in the desirable Panaewa area, just minutes from Hilo town, shopping, schools, and parks, this property offers the privacy, flexibility, and open space that are increasingly difficult to find so close to town.

Listing Information
Public Information

MLS® #725751

Price$1,349,000

Bedrooms6

Bathrooms4.00

Full Baths4

Square Footage4,543

Acres2.72

Year Built1963

TypeResidential

Land TenureFee Simple

StatusActive

Assesed Value$893,200

Address272 Lama St

SubdivisionPANAEWA HOUSELOTS

CitySouth Hilo

StateHI

Zip Code96720

ParkingAttached

Floor CoveringCarpet, Hardwood

Date ListedJune 1st, 2026

Days on Market1

ZoningA-3A

Description Land TenureFee Simple

OfficeHara Chun Realty, LLC

$ month

Quick Details

This Single Family Residence is priced at $1,349,000 and located at 272 Lama St, . With 6 Bedrooms and 4.00 Bathrooms, it offers a total of 4543 Square feet. This Residential was built in 1963 and its status is Active. This property is represented by Gina Hara Chun of Hara Chun Realty, LLC, Contact Number 8089363297.

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Virtual Tour

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Listing information last updated on June 8th, 2026 at 11:07am HST.

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