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Sold for $1,600,000
  • $1,600,000

    282 Kaiulani St, Hilo, HI 96720

    3beds
    2,692sqft
    Single Family Residence
    Built in 1992
    0.34 Acres Lot
    $1,572,800 Zestimate®
    $594/sqft
    $3,122 Estimated rent

    Home value

    $1,572,800

    $1.35M - $1.84M

    $3,122/mo

    Zestimate® history
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    What's special

    In iconic Reeds Island, along the majestic Wailuku River, this exceptional 3 bed, 3.5 bath home offers direct river frontage, lush rainforest surroundings, and rare views of two year-round waterfalls. Originally designed by renowned Hawai'i architect Virginia B. Macdonald, the home blends classic island architecture with thoughtful modern upgrades. Recent renovations and an extensive remodel added the third bedroom, multi-purpose room, and introduced a range of contemporary improvements including new appliances, five split AC units, and an EcoSmart electric water heater. Soaring ceilings, skylights, original oak and new French oak floors fill the home with natural light and warmth. The new open-concept kitchen features modular cabinetry and sleek stainless finishes paired with panoramic views of the surrounding jungle and waterfalls. Step onto the covered lanai for al fresco dining with the soothing soundtrack of the river just below. Nearly every room enjoys direct views of cascading water and surrounding rainforest. The expansive primary suite is a luxurious sanctuary, complete with a versatile private lounge or den and a spa-inspired en suite bath. The unique semi-outdoor soaking tub invites you to relax under the stars while listening to the waterfalls. Ideally located within walking distance to downtown Hilo, area schools, and Hilo Benioff Medical Center, this home offers convenience without compromising peace or privacy. Reeds Island is a little known, exclusive, and very much sought after non-gated enclave in Hilo. Accessed by a bridge, this is truly and geographically a small island unto itself. Properties here are rarely offered for sale. Don’t miss this extraordinary opportunity to live surrounded by nature, luxury, and convenience in one of East Hawai‘i’s most hidden and desirable neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca J. Hirsch-Keliihoomalu 8088951156,

    COMPASS,

    Stephanie Sites 808-989-8052,

    COMPASS

    Bought with:

    Michelle A Jimenez, RS-80816

    Iokua Real Estate

    Source: Hawaii Information Service,MLS#: 722545MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Other, Zoned
    Cooling
    • Air Conditioning, Other, Zoned
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Washer/Dryer Stacked
    Features
    • Cathedral Ceiling(s), High Ceilings, See Remarks, Vaulted Ceiling(s)
    • Flooring: Hardwood
    • Windows: Skylight(s)
    • Has fireplace: No
    Interior area
    • Total structure area: 2,692
    • Total interior livable area: 2,692 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Covered
    • Carport spaces: 2
    Features
    • Levels: Two
    • Exterior features: Lighting, See Remarks
    • Fencing: Other,Stone
    • Has view: Yes
    • View description: Other, River, Waterfall
    • Has water view: Yes
    • Water view: River,Waterfall
    • Waterfront features: River Front
    • Frontage type: Other,River
    Lot
    • Size: 0.34 Acres
    • Features: Cleared, Dead End, Landscaped, Rocky, See Remarks
    • Topography: Other (remarks),Steep Slope
    Details
    • Parcel number: 3230260560000
    • Zoning: RS-15
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Double Wall
    Condition
    • Updated/Remodeled
    • Year built: 1992

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Closed Circuit Camera(s), Security System, See Remarks, Smoke Detector(s)
    Community
    • Community features: See Remarks
    Location
    • Region: Hilo
    • Subdivision: REEDS ISLAND

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Full
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/3/2025Sold$1,600,000-12.3%$594/sqft
    Source: Hawaii Information Service #722545 Report a problem
    8/4/2025Contingent$1,825,000$678/sqft
    Source: Hawaii Information Service #722545 Report a problem
    7/22/2025Listed for sale$1,825,000+98.4%$678/sqft
    Source: Hawaii Information Service #722545 Report a problem
    12/10/2021Sold$920,000+8.4%$342/sqft
    Source: Hawaii Information Service #654521 Report a problem
    10/16/2014Listing removed$849,000$315/sqft
    Source: Clark Realty Corporation #272921 Report a problem
    10/11/2014Pending sale$849,000+17.9%$315/sqft
    Source: Clark Realty Corporation #272921 Report a problem
    10/10/2014Sold$720,000-15.2%$267/sqft
    Source: Hawaii Information Service #272921 Report a problem
    5/21/2014Listed for sale$849,000$315/sqft
    Source: Clark Realty Corporation #272921 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $975,900 +3.7%
    2024$10,443 +5.4%$940,800 +5.4%
    2023$9,910 $892,800
    2022$9,910 +37.9%$892,800 +37.9%
    2021$7,184 +37.1%$647,200 +37.1%
    2020$5,241 $472,200 +4.9%
    2019-- $450,200 +7.9%
    2018-- $417,100 +2.3%
    2017-- $407,800 -3%
    2016-- $420,500 +5%
    2015-- $400,300 +15.6%
    2014-- $346,300

    Find assessor info on the county website

    Neighborhood: 96720

    Nearby schools

    GreatSchools rating
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    $1,604,256