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.
| MLS # | 202617162 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 18 |
| Listing Provided By | Hara Chun Realty LLC | Gina Hara Chun |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 4,543 |
| Story(s) | 2 |
| Zoning | 50 - Agricultural |
| Property View | Sunset, Sunrise |
| Construction Materials | Hollow Tile, Wood Frame |
|---|
| Inclusions | Blinds, Disposal, Drapes, Range Hood, Range/Oven, Washer, Water Heater |
|---|
| Property | 3996 |
|---|
| State | HI |
|---|---|
| County | Hawaii |
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | PANAEWA HSE LOTS |
| Listing VS Median (in PANAEWA HSE LOTS) | |
Price: $1,349,000 low | high Med: $1,349,000 sqft: 4,543 low | high Med: 4,543 $ / sqft: $297 low | high Med: $297 On site: 18 low | high Med: 18 | |
| State | HI |
|---|---|
| County | Hawaii |
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | PANAEWA HSE LOTS |
| Listing VS Median (in PANAEWA HSE LOTS) | |
Price: $1,349,000 low | high Med: $1,349,000 sqft: 4,543 low | high Med: 4,543 $ / sqft: $297 low | high Med: $297 On site: 18 low | high Med: 18 | |
![]() | $1,349,000272 Lama StHilo, HI 96720 |