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For sale
  • $2,500,000

    1868 Kalanianaole St, Hilo, HI 96720

    4beds
    4,894sqft
    : 
    $15,305/mo
    Get pre-qualified
    Single Family Residence
    Built in 1935
    1.38 Acres Lot
    $2,318,700 Zestimate®
    $511/sqft
    $-- HOA

    What's special

    Rarely does a property of this caliber become available. Designed by acclaimed Hawaiʻi architect Charles William Dickey and built in 1935 as the private estate of Laura Vestal Kennedy, exceptionally well-built and meticulously maintained 4-bedroom, 4-bath residence has remained in the same family since its completion. Offering 4,894 SF of living area, an additional 826 SF of lanais, and situated on 1.38 lushly landscaped ACRES directly across from Carlsmith Beach Park, a truly rare legacy property. Zoned RS-15, the property may offer subdivision potential (Buyer to verify with Hawaiʻi County), creating an exceptional opportunity for both homeowners & investors. Constructed by contractor Z. Kawasaki, this distinctive three-story home showcases timeless architectural character with graceful curved staircases, soaring ceilings, beautiful hardwood floors on the upper two levels, and abundant custom windows framing tropical garden, forest, and ocean views. Spacious Great Room opens to expansive lanais where cooling trade winds and ocean views create the perfect setting for entertaining or relaxing. Efficient kitchen adjoins both casual and formal dining areas. Upper level features two bedrooms connected by a Jack-and-Jill bath, with one opening directly onto the sun deck. Three of the four bedrooms include cedar-lined closets. Main level offers an additional bedroom and full bath, while the lower level provides an oversized laundry/hobby room, multiple storage rooms, and abundant space for projects or future possibilities. A detached garage complements the property, while mature tropical landscaping provides exceptional privacy in a park-like setting. Lovingly preserved by the same family since 1935, this extraordinary estate combines architectural significance, exceptional craftsmanship, generous indoor and outdoor living spaces, and an irreplaceable location near Carlsmith Beach Park, which is one of the best snorkeling beaches in East Hawaii.
    33 days
    826
    43

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather E. Hedenschau, CRS 8083459800,

    Big Island Brokers

    Source: Hawaii Information Service,MLS#: 732305MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Appliances
      • Included: Dryer, Other, Range, Refrigerator, Washer
      • Laundry: Other
      Features
      • Cathedral Ceiling(s), Enclosed Lanai, High Ceilings, Vaulted Ceiling(s)
      • Flooring: Concrete, Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 4,894
      • Total interior livable area: 4,894 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Levels: Two
      • Fencing: Chain Link
      • Has view: Yes
      • View description: Forest, Garden, Ocean, Ocean Horizon
      • Has water view: Yes
      • Water view: Ocean
      • Frontage type: Other
      Lot
      • Size: 1.38 Acres
      • Features: Corner Lot, Grassy, Landscaped, See Remarks
      • Topography: Gentle Slope
      Details
      • Parcel number: 3210170160000
      • Zoning: RS-15
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1935

      Utilities & green energy

      • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      Location
      • Region: Hilo

      Financial & listing details

      • Price per square foot: $511/sqft
      • Tax assessed value: $904,300
      • Annual tax amount: $10,037
      • Date on market: 7/28/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Ownership: Full
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $2,318,700

        $2.18M - $2.43M

        $3,804/mo

        Price history

        DateEventPrice
        7/29/2026Listed for sale$2,500,000$511/sqft
        Source: Hawaii Information Service #732305 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $904,300 +4.1%
        2024$9,643 +3.8%$868,700 +3.8%
        2023$9,285 $836,500
        2022$9,285 +11.2%$836,500 +11.2%
        2021$8,347 +4%$752,000 +4%
        2020$8,030 -2.3%$723,400 -2.3%
        2019$8,218 +9%$740,400 +3.6%
        2018$7,538 $714,800 +5.3%
        2017-- $679,100 -1.4%
        2016-- $688,600 +4.6%
        2015-- $658,200 +0.3%
        2014-- $656,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96720

        Getting around

        3 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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