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.
For sale
$2,500,000
1868 Kalanianaole St, Hilo, HI 96720
4beds
4,894sqft
Single Family Residence
Built in 1935
1.38 Acres Lot
$2,318,700 Zestimate®
$511/sqft
$-- HOA
What's special
- 33 days
- 826
- 43
Zillow last checked:
Listing updated:
Listed by:
Heather E. Hedenschau, CRS 8083459800,
Big Island Brokers
Source: Hawaii Information Service,MLS#: 732305
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
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $2,500,000$511/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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



