This is a rare opportunity to own nearly 10 acres within walking distance of the Hilo Municipal Golf Course. Situated on a dead-end road, this lot offers a sense of privacy whilst being close all of the amenities of Hilo town. Just a half mile away is the Hilo Municipal Golf Course, and Firestation 3 located on Haihai St. This prime location in the Waiakea Homesteads area means that you are about 3 miles away from shopping like Target and Walmart, as well as the Prince Kuhio and the Puinako Shopping Centers. Within that radius is also the Waiakea School Complex. Meanwhile, getting to downtown Hilo is about 5 miles and it is about 7 miles to the beautiful beach parks of the Keaukaha.
With nearly 10 acres of AG-3 zoned land, this property offers a variety of potential for future applications. You have options whether planning on building a grand estate for yourself, subdividing into 3 smaller parcels, or capitalizing on the rich agriculture potential. At present, the property is covered by lush tropical jungle and features a 16ft x 16ft unpermitted storage shed. Selectively landscaping the property could produce mountain views that are currently hidden. Although it has since overgrown, the property has 2500 sqft crushed rock driveway layered over a geotextile fabric. To get a better feel for the scope of the property, be sure to see the Video Tour in the listing.
HELCO overhead electric power is available to the property, and there is an active County Water meter already installed. Additionally, there is an easement access for a potential Iwalani St. extension in the future. Should this project materialize, the property would be bisected by the extension thereby creating street front 3 sides.
See Flood Zone Map In The Attachments
Lot/land
$489,000
250 Laula Rd Lot 4, Hilo, HI 96720
--beds
0baths
9.95Acres
Unimproved Land
Built in ----
9.95 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 57 days |
- 216 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Edward Torrison 8089879501,
Hilo Bay Realty LLC,
Ed Torrison 808-987-3215,
Hilo Bay Realty LLC
Source: Hawaii Information Service,MLS#: 730010
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Lot
- Size: 9.95 Acres
- Features: Wooded
- Topography: Gentle Slope
Details
- Parcel number: 3240830120000
- Zoning: A-3A
- Special conditions: Fee Simple,Standard
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Subdivision: WAIAKEA HOMESTEADS
Location
- Region: Hilo
Financial & listing details
- Tax assessed value: $353,200
- Annual tax amount: $3,302
- Date on market: 4/28/2026
- Listing terms: Cash
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Unpaved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $489,000-2.2% |
Source: | ||
| 3/22/2026 | Listing removed | $499,999 |
Source: | ||
| 7/16/2025 | Price change | $499,999-4.8% |
Source: | ||
| 3/21/2025 | Listed for sale | $525,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 96720
Nearby schools
GreatSchools rating
- 8/10Waiakeawaena Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 6/10Waiakea Intermediate SchoolGrades: 6-8Distance: 2 mi
- 9/10Waiakea High SchoolGrades: 9-12Distance: 2.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Hawaii
- Hawaii County
- Hilo
- 96720
- 250 Laula Rd Lot 4




