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2048 Kalanianaole St (Hilo)

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2048 Kalanianaole St, Hilo
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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 Park—home 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 structures—perfect 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 rooms—ideal for home offices, workshops, hobby spaces, or extra storage—plus a utility room with a large shower and a separate toilet area. It could even function as additional sleeping quarters.
Recent Activity
  • May 24, 2025 Listed at $1,590,000
  • Nov 02, 2024 Off Market
Recent Sales
(Hilo)
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $1,229
  • Zoning: RS-15
  • TMK: 3210170020000
  • Tax Assessed Value: $387,800
  • Courtesy: eXp Realty / 8083190183
  • MLS: 720656
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on February 23, 2026.
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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 Park—home 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 structures—perfect 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 rooms—ideal for home offices, workshops, hobby spaces, or extra storage—plus a utility room with a large shower and a separate toilet area. It could even function as additional sleeping quarters.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on February 23, 2026.
    • May 24, 2025 Listed at $1,590,000
    • Nov 02, 2024 Off Market
    Other Hilo Homes
    $1,397,000
    497 Makanaa St
    3 Bds | 3 Ba
    2,280 ft²
    $1,375,000
    28-389 Kulaimano Rd
    3 Bds | 4 Ba
    2,149 ft²
    $1,690,000
    28-1167 Old Mamalahoa Highway
    3 Bds | 3 Ba
    1,893 ft²
    $1,275,000
    36-2335 Old Mamalahoa Highway
    3 Bds | 2.5 Ba
    2,822 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.