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3 Beds
2 Baths
1,038 sqft

$650,000

491 IWALANI ST, Hilo HI, 96720

Price per sqft$626.20
Built in1955
Property size1,038 sqft
Property typeResidential

Overview

Active

A

Listed Oct 8, 2026

Updated 10h ago

Embrace true old-Hawaii charm with this captivating 1950s Kamaʻāina plantation home in Hilo, Hawaii. Situated on approximately half an acre, this property offers an ultra-rare lifestyle feature: it borders the Hilo Municipal Golf Course, allowing you to walk directly onto the green right from your own backyard. Rich with Hawai'i plantation character and soul, this classic residence is packed with untapped potential and is ready for the right buyer to restore it to its absolute finest glory. The upper level of the home features 3 bedrooms and 1 full bathroom, retaining the iconic redwood bones of a traditional plantation build. Hidden beneath years of history are original hardwood floors just waiting to be sanded and refinished into a stunning focal point. Downstairs, the highly functional lower level expands your options exponentially. Complete with a flexible living space, a convenient kitchenette, and a half bath, this lower layout is ideal for hosting extended family, creating a dedicated remote work suite. Or perhaps an interior Gym or excess storage area? While the home does need some cosmetic renovations and restoration to truly shine, it represents a blank canvas in an unbeatable location. Imagine sipping morning coffee in your Kitchen while looking out over manicured fairway greens, or spending your afternoons practicing your swing just steps from your back door. Property opportunities like this along the Hilo Municipal Golf Course are not common- here is your chance to secure your dream home! Just a few minutes away from Hilo Plaza, Target/Walmart and Puainako Shopping Center. Also- take the upper road to reach Hilo Benioff Medical Center or Kaiser in 10-15 minutes! Bring your contractor, your vision, and your love for vintage Hawaiian Homes to check out this Hilo gem today. ***Requires an appointment to enter property, please do not visit without an agent***

$4,324/mo

Est. mortgage payment based on a $650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
733447

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.46 Acres

Other Property Details

Taxes
$267
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes

 

Courtesy of Iokua Real Estate, Michelle A Jimenez

Listing Contact: 8087691148 

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Data last updated 10:14 AM UTC, 10/10/2026

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