Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering nearly 3 acres of usable land with room for expansion, gardening, farming, recreation, or multi-generational living.
This unique property features two existing homes with three assigned street addresses, providing flexibility for extended family living, rental income potential, guest accommodations, or home-based business use.
Thoughtful improvements have been completed throughout the property following a recent pre-listing inspection, enhancing both dwellings and creating a refreshed, move-in-ready opportunity. The main residence features interior & exterior repainting, roof repainting, repaired termite damage, refreshed accent walls, updated fixtures, new GFCI outlets in kitchen & bath areas, screened openings, a new exterior stainless railing, and numerous additional repairs that contribute to the home's clean, well-maintained appearance.
The secondary dwelling has also benefited from substantial upgrades, including new vinyl flooring, interior & exterior paint, updated fixtures, a new entry railing, patio improvements, wall repairs, and upgrades, including GFCI electrical safety features in the kitchen & bath areas.
Conveniently located in the desirable Panaewa area, just minutes from Hilo town, shopping, schools, and parks, this property offers the privacy, flexibility, and open space that are increasingly difficult to find so close to town.
For sale
$1,349,000
272 Lama St, Hilo, HI 96720
6beds
4,543sqft
Single Family Residence
Built in 1963
2.72 Acres Lot
$1,259,500 Zestimate®
$297/sqft
$-- HOA
What's special
Refreshed accent wallsScreened openingsRoof repaintingInterior and exterior repaintingRare corner propertyUpdated fixturesNew exterior stainless railing
- 91 days
- 519
- 19
Zillow last checked:
Listing updated:
Listed by:
Gina Hara Chun 8089363297,
Hara Chun Realty, LLC
Source: Hawaii Information Service,MLS#: 725751
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Carpet, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 4,543
- Total interior livable area: 4,543 sqft
Video & virtual tour
Property
Parking
- Total spaces: 760
- Parking features: Attached
- Carport spaces: 760
Lot
- Size: 2.72 Acres
Details
- Parcel number: 3220520010000
- Zoning: A-3A
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Cesspool
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: PANAEWA HOUSELOTS
Location
- Region: Hilo
Financial & listing details
- Price per square foot: $297/sqft
- Tax assessed value: $893,200
- Annual tax amount: $3,975
- Date on market: 6/1/2026
- Listing terms: Conventional
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,259,500
$1.20M - $1.32M
$4,948/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $1,349,000$297/sqft |
Source: | ||
| 9/29/2025 | Listing removed | $1,349,000$297/sqft |
Source: | ||
| 4/5/2025 | Listed for sale | $1,349,000-3.6%$297/sqft |
Source: | ||
| 3/29/2025 | Listing removed | $1,399,000$308/sqft |
Source: | ||
| 9/7/2024 | Price change | $1,399,000-12%$308/sqft |
Source: | ||
| 4/6/2024 | Listed for sale | $1,590,050$350/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




