Active
6 beds3,827 sqft

446 Ainalako Rd, Hilo, HI 96720

Multi FamilyProperty Type
1 acresLot Size
1986Year Built
$326/sq ftPrice per sq ft
4 carsParking Spaces

Description

TROPICAL MULTI-HOME OASIS – TWO HOMES ON 1 ACRE IN HILO
Discover a rare opportunity to own a beautifully maintained one-acre tropical oasis featuring two separate homes, offering exceptional flexibility for multi-generational living, extended family, guests, a private retreat, or potential rental use. The main residence is a stunning 2-story, 4-bedroom, 3-bath home with 2,603 sq. ft. of living space. Vaulted ceilings, skylights, and abundant windows fill the home with natural light. Beautiful koa
...TROPICAL MULTI-HOME OASIS – TWO HOMES ON 1 ACRE IN HILO

Discover a rare opportunity to own a beautifully maintained one-acre tropical oasis featuring two separate homes, offering exceptional flexibility for multi-generational living, extended family, guests, a private retreat, or potential rental use. The main residence is a stunning 2-story, 4-bedroom, 3-bath home with 2,603 sq. ft. of living space. Vaulted ceilings, skylights, and abundant windows fill the home with natural light. Beautiful koa cabinetry and quality wood craftsmanship add warmth and character throughout, while the chef's kitchen is perfect for gathering and entertaining. Lanais on both levels create wonderful indoor-outdoor living spaces. The second residence offers 2 bedrooms, 2 baths, and 1,224 sq. ft., featuring vaulted ceilings, spacious bedrooms, natural light, and lanais. Together, the two homes provide approximately 3,827 sq. ft. of living space. The grounds are a true tropical treasure, meticulously maintained with 30+ mature, fruit-producing trees, including lychee, mangosteen, mango, and much more. Enjoy privacy, beauty, and the abundance of growing your own tropical fruit. Additional features include a storage building with electric, complete fencing, and an automatic gate for added privacy and security. PROPERTY HIGHLIGHTS

• 1 Acre
• 2 Separate Homes
• 6 Bedrooms | 5 Bathrooms
• Approx. 3,827 Sq. Ft. Combined
• Main Home: 4 BD / 3 BA / 2,603 Sq. Ft.
• Second Home: 2 BD / 2 BA / 1,224 Sq. Ft.
• Vaulted Ceilings & Skylights
• Chef's Kitchen & Koa Cabinetry
• Beautiful Wood Craftsmanship
• Multiple Lanais
• Abundant Natural Light
• 30+ Fruit-Producing Trees
• Lychee, Mangosteen, Avocado & More
• Paid off solar system! • Completely Fenced
• Automatic Gate

Two homes. One acre. Great location. Endless possibilities.
61 days on Market
  • Listed by: Nani Sanchez 808.557.9185 nani.sanchez@islandproperties.com License #RS-76257 Brokerage DRE #RB-16822 • Coldwell Banker Island Properties - Kamuela
  • Listed by: Hanalei De Rego 808.430.9343 hanalei.derego@islandproperties.com License #RS-83589 Brokerage DRE #RB-16822 • Coldwell Banker Island Properties - Kamuela
Last updated: 10/02/2026 04:17 PM • Source: HIS, MLS#: 730393
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Location

Listing Courtesy of Coldwell Banker Island Properties - Kamuela, Nani Sanchez, License #RS-76257; Coldwell Banker Island Properties - Kamuela, Hanalei De Rego, License #RS-83589
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Payment Calculator

$7,305 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,668

Property Taxes

$637

HOA Dues

$0

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Property Information for 446 Ainalako Road

Property Details

  • Taxes: $7,649 / year
  • MLS Type: Residential Income / Duplex
  • Waterfront: No
  • Subdivision Name: PIERSON II SUBDIVISION
  • Zoning: A-1A

Building Information

  • Year Built: 1986
  • Lot Size: 1.00 AC / 43,560 SF

Summary

Location and General Information
  • Flood Zone: AO, X
  • Lava Zone: 3
  • Directions: Turn onto Haihai Street, then left onto Ainaola Drive. Turn left onto Ainalako Drive. The property will be on your right, marked by the real estate sign and property address.
  • Water Source: Public
  • Topography: Fairly Level
  • Latitude: 19.6578866
  • Longitude: -155.09099346
  • Year Built: 1986
  • Roads: Paved
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2025
  • Tax Annual Amount: $7,649
  • Tax Assessed Value: 818100.0
  • Parcel Number: 3-2-4-78-10
  • Tax key: 324078010
  • Tax Lot: A-3
Parking
  • Carport Spaces: 4.0
  • Carport Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Parking Features: Covered
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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
  • Land Tenure: Fee Simple
  • Living Area: 3827.0
  • Lot Size Area: 43560.0
  • Form Type: MTF
Property and Assessments
  • Special Assessment Amount Frequency: Monthly
  • Assessment Year: 2025
  • Covenants Conditions Restrictions: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Agriculture Dedicated: No
Utilities
  • Internet Access: Cable, DSL, Wireless
  • Sewer: Septic Tank
  • Solid Waste Disposal: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Power Production Type: Photovoltaics

Interior and Exterior Features

Exterior Features
  • Exterior Area Units: Square Feet
  • Pool: No
  • Fencing: Chain Link, Stone
  • Structures: Yes
Interior Features
  • Elevation Units: Feet
  • Bathrooms Total: 5
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6

Rental

Rental Information
  • Leasable Area Units: Square Feet

Property History for 446 Ainalako Road

DateEvent & SourcePriceAppreciation
Sep 9, 2026

Price Change

HIS #730393

$1,249,000—
Aug 10, 2026

Listed (Active)

HIS #730393

$1,300,000—
Nov 23, 2022

Sold (Public Record)

Public Record #1503357377

$1,122,000—
DateEvent & SourcePrice
09/09/2026

Price Change

HIS #730393

$1,249,000
08/10/2026

Listed (Active)

HIS #730393

$1,300,000
11/23/2022

Sold (Public Record)

Public Record #1503357377

$1,122,000

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

Public records

446 Ainalako Road

Baths

4

Total Finished SqFt

5,323 SqFt

Above Grade Finished SqFt

4,903 SqFt

Finished Basement SqFt

420 SqFt

Unfinished Basement SqFt

959 SqFt

Stories

1

Schools near 446 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 9
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 9

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.

Similar Homes

446 Ainalako Road is a multi-family home for sale in Hilo, HI 96720. This property was listed for sale on August 10, 2026 by Coldwell Banker Island Properties - Kamuela, it's currently listed at $1,249,000. It has been on the market for a total of 61 days and was last sold on November 23, 2022. This listing's school district is Hawaii Department Of Education. Nearby schools include Waiakeawaena Elementary School, Waiakea Intermediate School and Waiakea High School. 446 Ainalako Road is a 6-bed, 5-bath, 3,827 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Island Properties - Kamuela, Nani Sanchez, License #RS-76257; Coldwell Banker Island Properties - Kamuela, Hanalei De Rego, License #RS-83589

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.