272 Lama Street, Hilo, HI 96720

$1,349,000
6
BD
5
BA
4,543
SqFt

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List Price
$1,349,000
Status
ACTIVE
Days on Market
17
MLS#
202617162
Subtype
Residential
Style
Multi-Family, Multiplex
Year Built
1963
Bedrooms
6
Bathrooms
5
Full Baths
4
Half Baths
1
Living Area
4,543
Lot Size
118,483
Subdivision
Panaewa Hse Lots
Neighborhood
Panaewa Hse Lots
MLS Area Major
South Hilo
Land Tenure
FS - Fee Simple

Property Description

Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering 2.72 acres of usable land with room for gardening, farming, recreation, expansion or multi-generational living. The property features two existing homes with three assigned street addresses, offering flexibility for extended family living, rental income potential, guest accommodations or home-based business use. Numerous improvements were completed following a recent pre-listing inspection. Both dwellings received interior and exterior paint along with additional repairs and updates. Improvements include roof repainting, termite damage repairs, updated fixtures, GFCI outlets, screens and railings. The secondary dwelling also features new vinyl flooring and patio improvements. A pre-listing inspection was completed, with numerous items addressed in preparation for sale, creating a refreshed, move-in-ready opportunity. Located in desirable Panaewa, minutes from Hilo town, shopping, schools and parks, this unique property offers privacy, flexibility and open space increasingly difficult to find so close to town.

Additional Information

Exterior Features
Landscaping
Taxes
$3,996
Property Description
Multi-Family, Multiplex
Flooring
Carpet, Hardwood, Vinyl
Stories
2
Levels
Two
Parking Features
Three or more Spaces
View
Sunset, Sunrise

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gina Hara Chun (gina@realtyhc.com) from Listing Office: Hara Chun Realty LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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