New Listings - Updated Every Minute ⓘ MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service.
Total 3 Wainaku Terrace Condos - 3 loaded
New Listings - Updated Every Minute ⓘMLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service.
Nestled amid a lush tropical setting, Wainaku Terrace is a condominium complex overlooking a serene stream and rainforest in Hilo’s Puueo neighborhood. This prime location provides easy access to everything downtown Hilo has to offer, from restaurants, shops, community events, hospital, library to the scenic Hilo Bayfront Beach Park.
The complex consists of two buildings without elevators. Set closer to Wainaku St is the three-story Building A that houses 18 units, while the four-story Building B that has 24 units is set further back for a quieter atmosphere. There is also a resident manager who lives on-property to assist residents and guests.
All 42 two-bedroom condos span 706 square feet. Each features a 100-square-foot lanai, with access off the living room and bedroom, that is screened-in to increase living space. Corner units feel extra bright and airy with additional windows that flood in natural lighting. While there is no air conditioning or in-unit washers and dryers, a community laundry room is available on-site.
The grounds feel like an oasis with vibrant ti plants and delicate brunfelsia flowers. Residents and guests can enjoy an enclosed outdoor pool with loungers and tables. One parking stall is assigned to every unit.
Over the past 3 years, an average of 2.7 fee simple condos sold per year in Wainaku Terrace. With so few sales, this graph may not fully reflect market trends.
The Wainaku Terrace graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Wainaku Terrace Market Summary (January '25 - December '25 vs January '24 - December '24)
Median Sales Price: $225,000 vs $160,000 — up 40.63%
Number of Sales: 3 vs 1 — up 200.00%
List-to-Sale Price Ratio: 90% vs 106.67% — down 15.63%
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.