$1,349,000
 $7,242 est/mo Sourced by Back At You

272 Lama St,Hilo, HI 96720

Hilo, HI 96720

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Description

Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street-a rare corner property near Nani Mau Gardens offering approximately 2.72 acres of usable land. County records reflect two residential buildings totaling 9 bedrooms and 5 baths, with approximately 5,208 sq. ft. of living area. The larger residence includes 5 bedrooms and 3 baths, while the secondary residence includes 4 bedrooms and 2 baths, offering exceptional flexibility for multi-generational living, guest accommodations, home-based business use, gardening, farming, and recreation.Thoughtful improvements have been completed throughout the property following a recent pre-listing inspection. The main residence features interior & exterior repainting, roof & eave repainting, refreshed accent walls, updated fixtures, GFCI electrical upgrades in multiple areas, screened openings, walkway improvements, and a new exterior railing installed in August 2026.The secondary dwelling has also benefited from substantial improvements, including new vinyl flooring, interior & exterior paint, roof & eave repainting, updated fixtures, a new entry railing, patio improvements, new screens, plumbing and electrical repairs, and GFCI upgrades in the kitchen & bath areas. In August 2026, approximately 180 feet of water line was replaced from the T near the greenhouse/loading dock to the area by the rear dwelling.With two homes, three assigned street addresses, generous open space, and a convenient Panaewa location just minutes from Hilo town, shopping, schools, and parks, this property presents a unique opportunity with exceptional space and versatility.

Details

MLS #725751
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1963
Days On Site160
Listing Provided ByHara Chun Realty, LLC | Gina Hara Chun

Features

Bed(s)9
Bath(s) 5 Total
SQ Feet5,208
Garage2
ZoningA-3A
Acreage2.72
Property ViewMountain(s), Sunrise, Sunset

Taxes

Property3975

Area Information

StateHI
CityHilo
Zip Code96720
AreaBig Island
Community NamePANAEWA HOUSELOTS
Listing VS Median (in PANAEWA HOUSELOTS)
Price:
$1,349,000
low | high
Med:
$1,349,000
50% of Average
sqft:
5,208
low | high
Med:
5,208
50% of Average
$ / sqft:
$259
low | high
Med:
$259
50% of Average
On site:
160
low | high
Med:
160
100% of Average
Sourced by Back At You

Market Activity 96720

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Additional Information

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Contact

Learn More About This Property

Mardi Werner

Mardi Werner

Coldwell Banker Island Properties

RS-58540 (808) 250-1769mardionmaui@gmail.com
StateHI
CityHilo
Zip Code96720
AreaBig Island
Community NamePANAEWA HOUSELOTS
Listing VS Median (in PANAEWA HOUSELOTS)
Price:
$1,349,000
low | high
Med:
$1,349,000
50% of Average
sqft:
5,208
low | high
Med:
5,208
50% of Average
$ / sqft:
$259
low | high
Med:
$259
50% of Average
On site:
160
low | high
Med:
160
100% of Average
Sourced by Back At You
Listing Updated: October 4, 2026 at 3:34:18 PM PDT
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Mardi Werner  |    |  RS-58540
Shops at Wailea - 3750 Wailea Alanui, Suite A-37, Wailea, Maui 96753

©2026 Copyright Coldwell Banker Real Estate LLC. A Realogy Company. All Rights Reserved. Coldwell Banker, the Coldwell Banker Logo, Coldwell Banker Global Luxury, and the Coldwell Banker Global Luxury logo are service marks registered or pending registration owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. Listing information is deemed reliable, but is not guaranteed.

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Hawaii Information Systems.

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction. Copyright, 2026, REALTORS® Association of Maui, Inc. All Rights Reserved.

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