Price Reduced Listing
$1,188,888
 $6,382 est/mo Sourced by Back At You

2048 Kalanianaole St,Hilo, HI 96720

Hilo, HI 96720

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Description

Welcome to your very own Hawaiian oasis in the heart of Keaukaha! This rarely available gem sits on Kalanianaole Street, just moments from the East Side’s most beloved beaches, including Carl Smith Beach Parkhome to gentle waves, sandy swimming spots, and frequent visits from friendly honu's. This 3-bedroom home is full of island charm, situated on a generous 20,104 sq ft lot with room to grow. With the right planning and permits, there’s potential to build up to 3 additional structuresperfect for a multi-generational compound, income-producing rentals, or your own tropical retreat. But that’s not all! Head downstairs to discover a beautifully finished lower level, completed by a previous owner with pine tongue-and-groove paneling and natural lava rock features that add warmth and character. This level includes FOUR extra roomsideal for home offices, workshops, hobby spaces, or extra storageplus a utility room with a large shower and a separate toilet area. ?? One of only a handful of single-family homes available on Kalanianaole Ave?? Potential to build 3 additional structures (verify with County)?? Over 20,000 sq ft of land - plenty of space to expand or garden?? Covered carport fits 2 vehicles + additional parking?? Rock wall adds privacy and curb appeal?? Close to beaches, parks, schools, and Hilo town?? Two water heaters that are on timers Whether you’re looking for a peaceful home near the ocean, a creative live/work space, or a smart investment with future potential, 2048 Kalanianaole Street is a rare find in a prime Hilo location.

Details

MLS #729818
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1940
Days On Site108
Listing Provided ByeXp Realty | Justice Pang

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,212
ZoningRS-15
Acreage0.46

Taxes

Property4304

Area Information

StateHI
CityHilo
Zip Code96720
AreaBig Island
Community NameLEHIA PARK RESIDENTIAL LOTS
Listing VS Median (in LEHIA PARK RESIDENTIAL LOTS)
Price:
$1,188,888
low | high
Med:
$913,944
73.1261481317% of Average
sqft:
1,212
low | high
Med:
1,126
57.095709570957% of Average
$ / sqft:
$981
low | high
Med:
$798
68.681626476558% of Average
On site:
108
low | high
Med:
127.5
84.705882352941% of Average
Sourced by Back At You

Market Activity 96720

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Learn More About This Property

Howard Meguro

Howard Meguro

Coldwell Banker Island Properties

RB-22392 (808) 896-2549hmeguro@gmail.com
StateHI
CityHilo
Zip Code96720
AreaBig Island
Community NameLEHIA PARK RESIDENTIAL LOTS
Listing VS Median (in LEHIA PARK RESIDENTIAL LOTS)
Price:
$1,188,888
low | high
Med:
$913,944
73.1261481317% of Average
sqft:
1,212
low | high
Med:
1,126
57.095709570957% of Average
$ / sqft:
$981
low | high
Med:
$798
68.681626476558% of Average
On site:
108
low | high
Med:
127.5
84.705882352941% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $891K - $1.486M
sqft: 909 - 1,500
Nearby Listings Property ImageNearby Listings Details
2070 KALANIANAOLE ST Property Photo 1
$1,200,000
2070 Kalanianaole St
Hilo, HI 96720
Listing Updated: August 9, 2026 at 12:07:38 PM PDT

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Community Info

Contact

Howard Meguro
101 Hualalai Street
Hilo, Hawaii 96720
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Howard Meguro  |  (808) 896-2549  |  RB-22392
Hilo - 101 Hualalai Street, Hilo, Hawaii 96720

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Hawaii Information Systems.

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction. Copyright, 2026, REALTORS® Association of Maui, Inc. All Rights Reserved.



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