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235 Malaai Rd

Hilo, HI 96720
  • $495,000
  • STATUS: Active Under Contract
  • ON SITE: 16 Days
  • MLS #: 728891
Under Contract
UPDATED: 48 min ago
$495,000
  • 3
    BEDS
  • 1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 972
    SQFT
  • $509
    $/SQFT
Type:
Single-Family Home
Built:
1967
Area:

School Ratings & Info

Description

Set on a full acre in the heart of Waiakea Homesteads, this classic Hilo property offers space, character, and a canvas for your next chapter. Built in 1967, the home carries a timeless feel with rich redwood paneling and hardwood flooring—details that reflect craftsmanship from a different era. With 3 bedrooms and 2 baths, there’s room to live comfortably while making it your own. Outside, the expansive acreage opens the door to endless possibilities—gardens, outdoor living, or simply enjoying the privacy and natural surroundings. A 2-car carport and an enclosed garage provide flexibility for storage, hobbies, or future use - totaling 980 sq ft of outdoor, covered space. Properties like this—offering both land and location—don’t come around often. Just minutes from Hilo town, yet with the space to truly breathe.

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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: 2026-05-11T07:35:23.023.
www.hawaiiclient.com/homes/175767381
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235 Malaai Rd Hilo, HI 96720

  • Price: $495,000
  • Status: Active Under Contract
  • On Site: 16 Days
  • Updated: 48 min ago
  • MLS #: 728891
3
Beds
2
Baths
0
½ Baths
1
Acres
972
SQFT
$509
$/SQFT
1967
Built
Neighborhood:
Waiakea Homesteads 2nd Series
Area:
South Hilo
Property Description
Set on a full acre in the heart of Waiakea Homesteads, this classic Hilo property offers space, character, and a canvas for your next chapter. Built in 1967, the home carries a timeless feel with rich redwood paneling and hardwood flooring—details that reflect craftsmanship from a different era. With 3 bedrooms and 2 baths, there’s room to live comfortably while making it your own. Outside, the expansive acreage opens the door to endless possibilities—gardens, outdoor living, or simply enjoying the privacy and natural surroundings. A 2-car carport and an enclosed garage provide flexibility for storage, hobbies, or future use - totaling 980 sq ft of outdoor, covered space. Properties like this—offering both land and location—don’t come around often. Just minutes from Hilo town, yet with the space to truly breathe.
Exterior Features

Carport Area 540 Carport Area Units Square Feet Exterior Area Units Square Feet Fencing Stone Garage Area 440 Garage Area Units Square Feet Parking Features AttachedCovered Pool YN No Roofed Area Units Square Feet Topography Fairly Level

Interior Features

Appliances RangeRange HoodRefrigerator Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Flooring HardwoodVinyl Levels One Water Heater Electric

Property Features

Agriculture Dedicated YN No Association Fee 0 Association Fee Frequency Monthly Common Interest None Elevation Units Feet Flood Zone X In Use As Short Term Vacation Rental YN No Land Tenure Fee Simple Lava Zone 3 Listing Terms 1031 ExchangeCashConventionalVA Loan Lot Features Grassy Other Building Area Units Square Feet Ownership Full Property Attached YN No Property Sub Type Single Family Residence Roads CountyPaved Sewer Cesspool Solid Waste Disposal County-Charge Special Listing Conditions Fee SimpleStandard Structures YN Yes Tax Annual Amount 2425.82 Tax Key 324047014 Tax Year 2025 Total Monthly Fees 0 Utilities Electricity AvailablePhone Available Waterfront YN No Zoning A-3A

Listing information © 2026 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of KW Big Island.


© 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: 2026-05-11T07:35:23.023.
 
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PO Box 356
Hanalei HI, 96714