4 Ainalako Rd

$1,500,000
Price
1,180,912 / 27.11
Lot Size / Acres

Description

Exceptional investment opportunity! Totaling nearly 43 acres, these three contiguous parcels are zoned A-3A and situated in the desirable Waiakea district of Hilo.
Property Features:
Parcel 1: Over 27 acres
Parcel 2: Over 15 acres
Parcel 3: Nearly 24,000 sqft
Zoned A-3A, allowing flexibility for future use
Paved roads
Multiple access points
Location Highlights:
-Situated in the highly sought-after Waiakea Homesteads
-Quick access to shopping, schools, and amenities in Hilo
-Peaceful and private setting while
...Exceptional investment opportunity! Totaling nearly 43 acres, these three contiguous parcels are zoned A-3A and situated in the desirable Waiakea district of Hilo.

Property Features:
Parcel 1: Over 27 acres
Parcel 2: Over 15 acres
Parcel 3: Nearly 24,000 sqft

Zoned A-3A, allowing flexibility for future use
Paved roads
Multiple access points

Location Highlights:

-Situated in the highly sought-after Waiakea Homesteads
-Quick access to shopping, schools, and amenities in Hilo
-Peaceful and private setting while conveniently close to urban essentials

Buyers and their agents to perform their own due diligence as to the availability of utilities, road access, and potential land uses. The smallest parcel may be considered a roadway lot.

Property Details for 4 Ainalako Road

Waterfront
No
Subdivision Name
WAIAKEA HOMESTEADS 3RD SERIES
Zoning
A-3A
LISTING UPDATED: 07/22/2025 01:26 PM

Property Details for 4 Ainalako Road

StatusActive
MLS #717284
Days on Market136
Taxes$4,652 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size27.11 AC
CountyHawaii County

Location

Listing Courtesy of: .

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Building Information for 4 Ainalako Road

Lot Size27.11 AC

Payment Calculator

$7,800 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,412

Property Taxes

$388

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4 Ainalako Road

Summary
Location and General Information
  • Flood Zone: A, X
  • Lava Zone: 3
  • Directions: From central Hilo, take Kilauea Ave heading south. Turn right onto Haihai Street, left onto Ainalako Road, property access points located via Ainalako Rd, Young St, and Pulelehua Place.
  • Water Source: Public
  • Topography: Fairly Level, Gentle Slope
  • Latitude: 19.64999969
  • Longitude: -155.08378491
  • Road Frontage Type: Road/Street
  • Roads: County, Paved, Private
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2024
  • Association Fee: $0
  • Tax Annual Amount: $4,652
  • Tax Assessed Value: 502000.0
  • Parcel Number: 3-2-4-4-42
  • Tax key: 324004042
  • Tax Lot: 4
Parking
  • Carport Area Units: Square Feet
  • Garage Area Units: Square Feet
Property
Lot Information
  • Lot Size Units: Square Feet
  • Living Area Units: Square Feet
  • Other Building Area Units: Square Feet
  • Roofed Area Units: Square Feet
  • Lot Features: Grassy, Wooded
  • Land Tenure: Fee Simple
  • Lot Size Area: 1180912.0
Property and Assessments
  • Special Assessment Amount Frequency: Monthly
  • Assessment Year: 2024
  • Covenants Conditions Restrictions: No
  • Property Type: Land
  • Agriculture Dedicated: No
Utilities
  • Sewer: None
  • Solid Waste Disposal: None
  • Utilities: Electricity Available, Water Available
Interior and Exterior Features
Exterior Features
  • Exterior Area Units: Square Feet
  • Pool: No
  • Structures: No
Interior Features
  • Elevation Units: Feet
  • Bathrooms Total Integer: 0
Rental
Rental Information
  • Leasable Area Units: Square Feet

Property History for 4 Ainalako Road

DateEvent & SourcePriceAppreciation
Jul 22, 2025

Listed (Active)

HIS #717284

$1,500,000—
Dec 22, 2020

Sold

HIS #614644

$275,000—
Nov 19, 2020

Contract Signed

HIS #614644

—
Feb 3, 2018

Listed (Active)

HIS #614644

$330,000—
Jan 19, 2018

Temporarily Off Market

HIS #603255

$330,000—
Jan 25, 2017

Listed (Active)

HIS #603255

$425,000—
DateEvent & SourcePrice
07/22/2025

Listed (Active)

HIS #717284

$1,500,000
12/22/2020

Sold

HIS #614644

$275,000
11/19/2020

Contract Signed

HIS #614644

—
02/03/2018

Listed (Active)

HIS #614644

$330,000
01/19/2018

Temporarily Off Market

HIS #603255

$330,000
01/25/2017

Listed (Active)

HIS #603255

$425,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4 Ainalako Road

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 8
Rating
School
Distance
Waiakeawaena Elementary School
PublicPK to 5

Waiakea Intermediate School
Public6 to 8

Waiakea High School
Public9 to 12

Kua O Ka La - Public Charter School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4 Ainalako Road is a 27.11 ac of land for sale in Hilo, HI 96720. This property was listed for sale on July 22, 2025 by Compass, it's currently listed at $1,500,000. It has been on the market for a total of 136 days and was last sold on December 22, 2020. This listing's school district is Hawaii Department Of Education. Nearby schools include Waiakeawaena Elementary School, Waiakea Intermediate School and Waiakea High School. 4 Ainalako Road is a 0-bed, 0-bath, 27.11 ac of land on a 1,180,912 sq. ft. / 27.11 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.