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Hilo Terrace #K248 (Hilo)

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Photo 1 of 485 Waianuenue Ave #K248, Hilo

485 Waianuenue Ave #K248, Hilo

Description
Ideal location for this fee simple top floor condo. 2 bedroom condo with an extra room that could be a third bedroom, office, den, enclosed lanai, etc. Near the laundry building, mailboxes and pool. View is of the banyan trees on the lot behind the building.Close to the Public Library, schools (elementary, middle & high), parks, post office, restaurants, Bayfront and more. Onsite manager, mailboxes, pool (refinished 2019) and laundry facilities, recently repaved parking lot (2020).Monthly maintenance fee covers common area electricity, water, sewer, association insurance and maintenance of the common areas. Electricity and trash are billed separately.
Past Activity
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.57
  • Price / ft²: $139
  • Zoning: CG-20
  • Security Features: Key
  • Amenities: Dryer, Range, Refrigerator, Washer
  • TMK: 3230160660098
  • Tax Assessed Value: $60,300
  • Courtesy: Iokua Real Estate / 8089376434
  • MLS: 652718
About Hilo Terrace
  • Address: 485 Waianuenue Ave, Hilo, HI 96720.
     
  • Built: 1963, 100 Units, 2 Bedrooms, 10 2-Story Buildings, 3.5 Acre.
     
  • Amenities: Pool.
     
  • Short-term Vacation Renting: Not Allowed.

Hilo Terrace is a charming condominium complex with a prime location in Hilo. It’s located just moments away from the downtown shopping area, farmer’s market, schools and Hilo Bayfront Beach Park.

Originally a leasehold property, the majority of units have converted to fee simple ownership in early 2025. For added comfort, a resident manager is availa

  ... Read more
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 January 14, 2026.
Other Hilo Terrace Listings
$179,950
Hilo Terrace #241
2 Bds | 1 Ba
695 ft²
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  • Sold 9/24/21 at $106,500
    (List Price: $110,000)
Description
Ideal location for this fee simple top floor condo. 2 bedroom condo with an extra room that could be a third bedroom, office, den, enclosed lanai, etc. Near the laundry building, mailboxes and pool. View is of the banyan trees on the lot behind the building.Close to the Public Library, schools (elementary, middle & high), parks, post office, restaurants, Bayfront and more. Onsite manager, mailboxes, pool (refinished 2019) and laundry facilities, recently repaved parking lot (2020).Monthly maintenance fee covers common area electricity, water, sewer, association insurance and maintenance of the common areas. Electricity and trash are billed separately.
    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 January 14, 2026.
    • Address: 485 Waianuenue Ave, Hilo, HI 96720.
       
    • Built: 1963, 100 Units, 2 Bedrooms, 10 2-Story Buildings, 3.5 Acre.
       
    • Amenities: Pool.
       
    • Short-term Vacation Renting: Not Allowed.

    Hilo Terrace is a charming condominium complex with a prime location in Hilo. It’s located just moments away from the downtown shopping area, farmer’s market, schools and Hilo Bayfront Beach Park.

    Originally a leasehold property, the majority of units have converted to fee simple ownership in early 2025. For added comfort, a resident manager is availa

      ... Read more
    Other Hilo Terrace Listings
    $179,950
    Hilo Terrace #241
    2 Bds | 1 Ba
    695 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.
    Learn about property tax rates.