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20 Alae St

Hilo, HI 96720
  • $778,000
  • STATUS: Active Under Contract
  • ON SITE: 21 Days
  • MLS #: 730224
Under Contract
UPDATED: 37 min ago
$778,000
  • 5
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,394
    SQFT
  • $229
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1940
Area:

School Ratings & Info

Description

** ACCEPTING Backup offers** LOCATION, LOCATION, LOCATION! Ideally situated in the heart of Hilo, this beautifully renovated and fully furnished 5-bedroom, 2-bath residence offers exceptional convenience just minutes from the Hilo Medical Center, schools, parks, shopping, dining, and everyday essentials. Whether you are seeking an investment opportunity, a multi-generational living arrangement, or a spacious place to call home, this versatile property offers outstanding flexibility and potential. The upper level features a bright open-concept layout with laminate flooring throughout the main living areas, along with 3 bedrooms and 1 full bath. Step onto the expansive covered lanai and enjoy distant ocean horizon views, the perfect setting for morning coffee, sunset relaxation, or entertaining guests. The kitchen is both stylish and functional, featuring butcher block countertops, floating wood shelving, and seamless flow into the spacious living area. The lower level includes a large enclosed basement with 2 additional bedrooms, 1 full bath, and a kitchen, providing excellent options for extended family, guests, or potential rental income. With RM-1 zoning, the property may offer opportunities for multifamily use or a hosted vacation rental, subject to County regulations and approval. Being sold turnkey and fully furnished, this move-in-ready home is ready for immediate occupancy or income-producing use in one of Hilo’s most desirable in-town locations. Click on the video icon or copy and paste https://show.tours/v/rj3PTWj

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© 2026 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai‘i Life Real Estate Brokers. Data last updated: 2026-06-12T15:35:36.98.
www.hawaiiclient.com/homes/176740277
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20 Alae St Hilo, HI 96720

  • Price: $778,000
  • Status: Active Under Contract
  • On Site: 21 Days
  • Updated: 37 min ago
  • MLS #: 730224
5
Beds
2
Baths
0
½ Baths
0.15
Acres
3,394
SQFT
$229
$/SQFT
1940
Built
Neighborhood:
Halai Tract
Area:
South Hilo
Property Description
** ACCEPTING Backup offers** LOCATION, LOCATION, LOCATION! Ideally situated in the heart of Hilo, this beautifully renovated and fully furnished 5-bedroom, 2-bath residence offers exceptional convenience just minutes from the Hilo Medical Center, schools, parks, shopping, dining, and everyday essentials. Whether you are seeking an investment opportunity, a multi-generational living arrangement, or a spacious place to call home, this versatile property offers outstanding flexibility and potential. The upper level features a bright open-concept layout with laminate flooring throughout the main living areas, along with 3 bedrooms and 1 full bath. Step onto the expansive covered lanai and enjoy distant ocean horizon views, the perfect setting for morning coffee, sunset relaxation, or entertaining guests. The kitchen is both stylish and functional, featuring butcher block countertops, floating wood shelving, and seamless flow into the spacious living area. The lower level includes a large enclosed basement with 2 additional bedrooms, 1 full bath, and a kitchen, providing excellent options for extended family, guests, or potential rental income. With RM-1 zoning, the property may offer opportunities for multifamily use or a hosted vacation rental, subject to County regulations and approval. Being sold turnkey and fully furnished, this move-in-ready home is ready for immediate occupancy or income-producing use in one of Hilo’s most desirable in-town locations. Click on the video icon or copy and paste https://show.tours/v/rj3PTWj
Exterior Features

Carport Area Units Square Feet Design RemodeledSingle WallWood Frame Exterior Area 144 Exterior Area Units Square Feet Garage Area Units Square Feet Parking Features Other Pool YN No Roofed Area Units Square Feet Topography Fairly Level View Ocean Horizon

Interior Features

Appliances DryerMicrowaveRangeRefrigeratorWasher Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Flooring Laminate Levels Two Washer Dryer Type DryerWasher Water Heater Electric

Property Features

Agriculture Dedicated YN No Association Fee 0 Association Fee Frequency Monthly Common Area Expenses YN No Common Interest None Elevation Units Feet Flood Zone X In Use As Short Term Vacation Rental YN Yes Internet Access CableWireless Land Tenure Fee Simple Lava Zone 3 Listing Terms 1031 ExchangeCashConventional Lot Features Grassy Other Building Area Units Square Feet Ownership Full Property Attached YN No Property Condition Updated/Remodeled Property Sub Type Single Family Residence Road Frontage Type Road/Street Roads CountyPaved Solid Waste Disposal None Special Listing Conditions Fee SimpleStandard Structures YN Yes Tax Annual Amount 4127.76 Tax Key 323016048 Tax Year 2023 Total Monthly Fees 0 Utilities Cable AvailableElectricity AvailablePhone AvailableSewer Connected Waterfront YN No Zoning RM-1

Listing information © 2026 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Hokulani Realty LLC.


© 2026 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai‘i Life Real Estate Brokers. Data last updated: 2026-06-12T15:35:36.98.
 
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PO Box 356
Hanalei HI, 96714