Address
272 Lama Street, Hilo, HI
Price
$ 1,349,000
Property Attributes
  • MLS#202617162
  • TypeSingle Family
  • Listing Status Active
  • CountyHawaii
  • CityHilo
  • AreaS. Hilo
  • NeighborhoodPANAEWA HSE LOTS
  • Zip96720
  • Style
  • Year Built1963
  • Taxes$ 3996
  • Price$ 1,349,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage4543
  • Lot Size3 Acres
Data Source:
HiCentral MLS (HICMLS)
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.

Price History
9/8/2026 Listed $1,349,000

General Features

Architectural Style Multi-Family,Multiplex
View Sunset,Sunrise
Stories Count 2
Levels Two
Property Subtype Single Family Residence
County Hawaii
New Construction false
Property Type Residential
Subdivision Name PANAEWA HSE LOTS
Full Baths 4
Status Active
ModificationTimestamp 2026-09-09T03:40:14.097-00:00
City Hilo
MLS Area S. Hilo
Property Condition Good Condition,Updated/Remodeled
Standard Status Active
Tax Assessed Value 893200
PostalCity Hilo
AttributionContact (808) 936-3297
Pool Features None
Year Built 1963
Year Built Effective 2026
Disclosures Seller Disclosure
Zoning Description 50 - Agricultural
Sewer Cesspool
Construction Materials Hollow Tile,Wood Frame
Land Tenure FeeSimple
Island Hawaii
Tax Annual Amount 3996.24
Topography Level,Sloping
Virtual Tour https://realestatevideos.vids.io/videos/069adab41c18e9cf8c/272-lama-st

Interior Features

Flooring Carpet,Hardwood,Vinyl
Furnished Y/N Unfurnished
Half Baths 1
Total Bedrooms 6
Total Baths 5

Exterior Features

Parking Features Three or more Spaces
Lot Features Cleared,Corner Lot,Level
Total Parking 4
Lot Size Area 118483
Building Area Total 4543
Exterior Amenities Landscaping
Inclusions Blinds,Disposal,Drapes,Range Hood,Range/Oven,Washer,Water Heater
Road Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 96720

Price
AVG $890K
$1.35M
Taxes
AVG $4,012
$3,996
Year Built
AVG 1977
1963

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