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
MLS#
202617162
Status
ACTIVE
Type
Single Family Residential
Bedrooms
6
Bathrooms
5
Living Area
4,543
Land Tenure
Fee Simple
Neighborhood
Panaewa Hse Lots

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

Year Built
1963
View
Sunset, Sunrise
Sewer
Cesspool

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Courtesy of Hara Chun Realty LLC, Gina Hara Chun.

Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS® Oahu Real Estate listings last updated . Information is deemed reliable but not guaranteed. Copyright 2026 by the Honolulu Board of REALTORS® Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.

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