Address
272 Lama St, Hilo, HI
Price
$ 1,349,000
Property Attributes
- MLS#725751
- TypeSingle Family
- Listing Status A
- CountyHAWAII
- CityHilo
- AreaSouth Hilo
- NeighborhoodPANAEWA HOUSELOTS
- Zip96720
- Style
- Year Built1963
- Taxes$ 3975
- Price$ 1,349,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4543
- Lot Size2.72 Acres
Data Source:
Hawaii Info Service (HISMLS)
Property Description
Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Streeta 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.
| Price History | |
|---|---|
| 6/2/2026 | Listed $1,349,000 |
General Features
| Sewer | Cesspool |
|---|---|
| Utilities | Electricity Available |
| Zoning | A-3A |
| HOA Fee | 0.0 |
| Land Tenure | Fee Simple |
| Year Built | 1963 |
| Tax Year | 2025 |
| Ownership | Full |
| Assoc Fee Paid Per | Monthly |
| Property Type | Residential |
| Subdivision Name | PANAEWA HOUSELOTS |
| Full Baths | 4 |
| Status | A |
| City | Hilo |
| Lot Size Units | Square Feet |
| Carport Spaces | 760.0 |
| Property Attached Y/N | No |
| Tax Annual Amount | 3975.79 |
| Home Warranty Y/N | No |
| Virtual Tour | https://realestatevideos.vids.io/videos/069adab41c18e9cf8c/272-lama-st |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Assessed Value | 893200 |
| Tax Lot | 56 |
| Listing Terms | Conventional |
| Assoc/CIC | None |
| AttributionContact | 8089363297 |
| LeasableAreaUnits | Square Feet |
| Structures YN | No |
Interior Features
| Flooring | Carpet, Hardwood |
|---|---|
| Total Bedrooms | 6 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Attached |
|---|---|
| Lot Size Area | 118483.0 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 96720
Price
Taxes
Year Built
Visits
2026© by Hawaii Information Service©. All Rights Reserved.
The information provided by AlohaLiving.com® has been compiled and provided in conjunction with 3rd Party sources. This information has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Last Update: September 13, 2026 1:05 PM UTC
