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272 Lama St

Hilo, HI 96720
  • $1,349,000
  • STATUS: Active
  • ON SITE: 133 Days
  • MLS #: 725751
UPDATED: 21 min ago
$1,349,000
  • 9
    BEDS
  • 2.72
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,208
    SQFT
  • $259
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1963
Area:

School Ratings & Info

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 approximately 2.72 acres of usable land. County records reflect two residential buildings totaling 9 bedrooms and 5 baths, with approximately 5,208 sq. ft. of living area. The larger residence includes 5 bedrooms and 3 baths, while the secondary residence includes 4 bedrooms and 2 baths, offering exceptional flexibility for multi-generational living, guest accommodations, home-based business use, gardening, farming, and recreation. Thoughtful improvements have been completed throughout the property following a recent pre-listing inspection. The main residence features interior & exterior repainting, roof & eave repainting, refreshed accent walls, updated fixtures, GFCI electrical upgrades in multiple areas, screened openings, walkway improvements, and a new exterior railing installed in August 2026. The secondary dwelling has also benefited from substantial improvements, including new vinyl flooring, interior & exterior paint, roof & eave repainting, updated fixtures, a new entry railing, patio improvements, new screens, plumbing and electrical repairs, and GFCI upgrades in the kitchen & bath areas. In August 2026, approximately 180 feet of water line was replaced from the T near the greenhouse/loading dock to the area by the rear dwelling. With two homes, three assigned street addresses, generous open space, and a convenient Panaewa location just minutes from Hilo town, shopping, schools, and parks, this property presents a unique opportunity with exceptional space and versatility.

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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 LUVA Real Estate. Data last updated: 2026-10-14T15:35:33.017.
www.luva-realestate.com/homes/177139658
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272 Lama St Hilo, HI 96720

  • Price: $1,349,000
  • Status: Active
  • On Site: 133 Days
  • Updated: 21 min ago
  • MLS #: 725751
9
Beds
5
Baths
0
½ Baths
2.72
Acres
5,208
SQFT
$259
$/SQFT
1963
Built
Neighborhood:
Panaewa Houselots
Area:
South Hilo
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 approximately 2.72 acres of usable land. County records reflect two residential buildings totaling 9 bedrooms and 5 baths, with approximately 5,208 sq. ft. of living area. The larger residence includes 5 bedrooms and 3 baths, while the secondary residence includes 4 bedrooms and 2 baths, offering exceptional flexibility for multi-generational living, guest accommodations, home-based business use, gardening, farming, and recreation. Thoughtful improvements have been completed throughout the property following a recent pre-listing inspection. The main residence features interior & exterior repainting, roof & eave repainting, refreshed accent walls, updated fixtures, GFCI electrical upgrades in multiple areas, screened openings, walkway improvements, and a new exterior railing installed in August 2026. The secondary dwelling has also benefited from substantial improvements, including new vinyl flooring, interior & exterior paint, roof & eave repainting, updated fixtures, a new entry railing, patio improvements, new screens, plumbing and electrical repairs, and GFCI upgrades in the kitchen & bath areas. In August 2026, approximately 180 feet of water line was replaced from the T near the greenhouse/loading dock to the area by the rear dwelling. With two homes, three assigned street addresses, generous open space, and a convenient Panaewa location just minutes from Hilo town, shopping, schools, and parks, this property presents a unique opportunity with exceptional space and versatility.
Exterior Features

Carport Area 440 Carport Area Units Square Feet Carport Spaces 2 Driveway Asphalt Exterior Area 679 Exterior Area Units Square Feet Exterior Finish Redwood/Cedar Wood Fencing Chain Link Foundation Concrete Concrete Garage Area 480 Garage Area Units Square Feet Parking Features Attached Pool YN No Roof Corrugated Iron Corrugated Iron Roofed Area Units Square Feet Topography Fairly LevelGentle SlopeGradedOther (remarks) View Mountain(s)SunriseSunset Window Features Blinds

Interior Features

Appliances DisposalDryerRangeRange HoodRefrigeratorWasher Basement Type Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Flooring CarpetParquetVinyl Washer Dryer Type DryerWasher Water Heater Electric

Property Features

Agriculture Dedicated YN No Association Fee 0 Association Fee Frequency Monthly Common Interest None Easement Those of Record Elevation Units Feet Flood Zone X In Use As Short Term Vacation Rental YN No Land Tenure Fee Simple Lava Zone 3 Listing Terms CashConventional Oceanfront False False Other Building Area 340 Other Building Area Units Square Feet Ownership Full Roads CountyPaved Sewer Cesspool Solid Waste Disposal None Special Listing Conditions Fee SimpleStandard Tax Annual Amount 3975.79 Tax Key 322052001 Tax Year 2025 Total Monthly Fees 0 Utilities Electricity Available Waterfront YN No Zoning A-3A

Listing information © 2026 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Hara Chun 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 LUVA Real Estate. Data last updated: 2026-10-14T15:35:33.017.
 
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970 N. Kalaheo Ave. Suite #A110
Kailua HI, 96734