272 LAMA ST, Hilo, HI 96720
272 LAMA ST, Hilo, HI 96720
272 LAMA ST, Hilo, HI 96720
272 LAMA ST, Hilo, HI 96720
272 LAMA ST, Hilo, HI 96720
272 LAMA ST, Hilo, HI 96720
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$ 1,349,000
Est. payment | /mo

9 Beds

5 Baths

5,208 SqFt


$ 1,349,000
Est. payment | /mo

9 Beds

5 Baths

5,208 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,208 sqft

Price per Sqft $259

Subdivision Panaewa Houselots

MLS Listing ID 725751

Bedrooms 9

Full Baths 5

HOA Y/N No

Year Built 1963

Annual Tax Amount $3,975

Tax Year 2025

Lot Size 2.720 Acres

Source Hawaii Information Service

Land Area 118483

Property Description

Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering approximately 2.72 acres of usable land. County records reflect two residential buildings totaling 9 bedrooms and 5 baths, with approximately 5,208 sq. ft. of living area. The larger residence includes 5 bedrooms and 3 baths, while the secondary residence includes 4 bedrooms and 2 baths, offering exceptional flexibility for multi-generational living, guest accommodations, home-based business use, gardening, farming, and recreation.
Thoughtful improvements have been completed throughout the property following a recent pre-listing inspection. The main residence features interior & exterior repainting, roof & eave repainting, refreshed accent walls, updated fixtures, GFCI electrical upgrades in multiple areas, screened openings, walkway improvements, and a new exterior railing installed in August 2026.
The secondary dwelling has also benefited from substantial improvements, including new vinyl flooring, interior & exterior paint, roof & eave repainting, updated fixtures, a new entry railing, patio improvements, new screens, plumbing and electrical repairs, and GFCI upgrades in the kitchen & bath areas. In August 2026, approximately 180 feet of water line was replaced from the T near the greenhouse/loading dock to the area by the rear dwelling.
With two homes, three assigned street addresses, generous open space, and a convenient Panaewa location just minutes from Hilo town, shopping, schools, and parks, this property presents a unique opportunity with exceptional space and versatility.

Location

State HI

County Hawaii Island (big Island)

Community Panaewa Houselots

Area Hi

Zoning A-3A

Region South Hilo

City Region South Hilo

Interior

Hot Water Electric

Flooring Carpet, Parquet, Vinyl

Window Features Blinds

Appliance Disposal, Dryer, Range, Range Hood, Refrigerator, Washer

Exterior

Parking Features Attached

Garage Spaces 2.0

Utilities Available Electricity Available

View Y/N Yes

View Mountain(s), Sunrise, Sunset

Topography Fairly Level,Gentle Slope,Graded,Other (remarks)

Garage Yes

Private Pool No

Building

Sewer Cesspool

Others

Ownership Full

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Fee Simple, Standard

Virtual Tour https://realestatevideos.vids.io/videos/069adab41c18e9cf8c/272-lama-st

Hawaii Information Service (HIS)
Listed by Hara Chun Realty, LLC
Julie Wettstein

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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272 LAMA ST