TROPICAL MULTI-HOME OASIS – TWO HOMES ON 1 ACRE IN HILO
Discover a rare opportunity to own a beautifully maintained one-acre tropical oasis featuring two separate homes, offering exceptional flexibility for multi-generational living, extended family, guests, a private retreat, or potential rental use.
The main residence is a stunning 2-story, 4-bedroom, 3-bath home with 2,603 sq. ft. of living space. Vaulted ceilings, skylights, and abundant windows fill the home with natural light. Beautiful koa cabinetry and quality wood craftsmanship add warmth and character throughout, while the chef's kitchen is perfect for gathering and entertaining. Lanais on both levels create wonderful indoor-outdoor living spaces.
The second residence offers 2 bedrooms, 2 baths, and 1,224 sq. ft., featuring vaulted ceilings, spacious bedrooms, natural light, and lanais. Together, the two homes provide approximately 3,827 sq. ft. of living space.
The grounds are a true tropical treasure, meticulously maintained with 30+ mature, fruit-producing trees, including lychee, mangosteen, mango, and much more. Enjoy privacy, beauty, and the abundance of growing your own tropical fruit.
Additional features include a storage building with electric, complete fencing, and an automatic gate for added privacy and security.
PROPERTY HIGHLIGHTS
• 1 Acre
• 2 Separate Homes
• 6 Bedrooms | 5 Bathrooms
• Approx. 3,827 Sq. Ft. Combined
• Main Home: 4 BD / 3 BA / 2,603 Sq. Ft.
• Second Home: 2 BD / 2 BA / 1,224 Sq. Ft.
• Vaulted Ceilings & Skylights
• Chef's Kitchen & Koa Cabinetry
• Beautiful Wood Craftsmanship
• Multiple Lanais
• Abundant Natural Light
• 30+ Fruit-Producing Trees
• Lychee, Mangosteen, Avocado & More
• Paid off solar system!!
• Completely Fenced
• Automatic Gate
Two homes. One acre. Great location. Endless possibilities.
For sale
Price cut: $51K (9/9)
$1,249,000
446 Ainalako Rd, Hilo, HI 96720
6beds
3,827sqft
Duplex
Built in 1986
-- sqft lot
$1,200,700 Zestimate®
$326/sqft
$-- HOA
What's special
Storage building with electricVaulted ceilingsBeautiful koa cabinetrySpacious bedroomsComplete fencing
- 45 days
- 949
- 99
Zillow last checked:
Listing updated:
Listed by:
Nani Sanchez 8085579185,
Coldwell Banker Island Properties - Kamuela,
Hanalei De Rego 808-430-9343,
Coldwell Banker Island Properties - Kamuela
Source: Hawaii Information Service,MLS#: 730393
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Features
- Flooring: Carpet, Ceramic Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,827
- Total interior livable area: 3,827 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Covered
- Carport spaces: 4
Features
- Fencing: Chain Link,Stone
Lot
- Size: 1 Acres
- Features: Grassy
- Topography: Fairly Level
Details
- Parcel number: 3240780100000
- Zoning: A-1A
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Subdivision: PIERSON II SUBDIVISION
Location
- Region: Hilo
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $818,100
- Annual tax amount: $7,649
- Date on market: 8/10/2026
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,200,700
$1.14M - $1.26M
$4,301/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $1,249,000-3.9%$326/sqft |
Source: | ||
| 8/11/2026 | Listed for sale | $1,300,000+15.9%$340/sqft |
Source: | ||
| 3/21/2022 | Sold | $1,122,000+12.8%$293/sqft |
Source: | ||
| 2/22/2022 | Contingent | $995,000$260/sqft |
Source: | ||
| 2/12/2022 | Listed for sale | $995,000+228.4%$260/sqft |
Source: | ||
| 2/28/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/15/2020 | Listed for rent | $1,500 |
Source: Owner Report a problem | ||
| 5/3/2004 | Sold | $303,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,228 +56.9% | $818,100 +6.9% |
| 2024 | $7,157 +7.5% | $765,500 +7.5% |
| 2023 | $6,657 +94.8% | $712,000 +30.5% |
| 2022 | $3,417 +26.1% | $545,500 +16.1% |
| 2021 | $2,711 +5.2% | $469,900 +3.2% |
| 2020 | $2,576 +1.7% | $455,500 +1% |
| 2019 | $2,534 +13.9% | $451,000 +5.3% |
| 2018 | $2,224 | $428,100 +2.4% |
| 2017 | -- | $417,900 -26.7% |
| 2016 | -- | $569,800 +8.6% |
| 2015 | -- | $524,800 -4.6% |
| 2014 | -- | $550,100 |
Find assessor info on the county website
Monthly payment
Est. payment




