Listing by: Gina Hara Chun, Hara Chun Realty LLC, (808) 936-3297

9 Beds

5 Baths

5,208 SqFt

Active

Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering 2.72 acres of usable land with room for gardening, farming, recreation, expansion or multi-generational living. The property features two existing homes with three assigned street addresses, offering flexibility for extended family living, rental income potential, guest accommodations or home-based business use. Numerous improvements were completed following a recent pre-listing inspection. Both dwellings received interior and exterior paint along with additional repairs and updates. Improvements include roof repainting, termite damage repairs, updated fixtures, GFCI outlets, screens and railings. The secondary dwelling also features new vinyl flooring and patio improvements. A pre-listing inspection was completed, with numerous items addressed in preparation for sale, creating a refreshed, move-in-ready opportunity. Located in desirable Panaewa, minutes from Hilo town, shopping, schools and parks, this unique property offers privacy, flexibility and open space increasingly difficult to find so close to town.

Property Details
Price $1,349,000
Bedrooms 9
Full Baths 5
Half Baths 0
Total Baths 5
Property Style Multi-Family,Multiplex
Lot Size Area 118483
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 2
Exterior Features Landscaping
Year Built 1963
Subdivision PANAEWA HSE LOTS
View Sunset,Sunrise
Lot Description Cleared,Corner Lot,Level
Pool features None
Parking Description Three or more Spaces
Parking Spaces 4
Geographic Data
County Hawaii
Market Area S. Hilo
Address Information
Address 272 Lama Street, Hilo, HI 96720
Postal Code 96720
City Hilo
State HI
Country United States
Listing Information
Listing Office Hara Chun Realty LLC
Listing Office Phone (808) 936-3297
Listing Office Email gina@realtyhc.com
Listing Agent Gina Hara Chun
Listing Agent Phone (808) 936-3297
Attribution Contact (808) 936-3297
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Virtual Tour URL https://realestatevideos.vids.io/videos/069adab41c18e9cf8c/272-lama-st
MLS® Information
Days on market 26
MLS® Status Active
Listing Date Sep 8, 2026
Listing Last Modified Oct 5, 2026
Tax ID 3-2-2-052-001-0000
Tax Annual Amount 3996
MLS® Area S. Hilo
MLS® # 202617162

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    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listing last updated on 2026-10-06T17:08:03.856387Z. Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd.