Four unit home with ocean views that was remodeled in 2024. Nice long term tenants. Some units are partially furnished. Lower level Studio with full kitchen 2 bedroom with full kitchen Shared laundry Main level is a 3/2 with full kitchen, laundry, 2 stall garage, and pool table Upper level is attached to the main level with interior stairs and also has exterior stairs so can be part of main unit or its own unit. Currently an independent unit with one bedroom and kitchenette. All units have lanais and ocean views. Up Kaiwiki Road so cooler than downtown Hilo. All tenants are long term and enjoy their units. Property has always been easy to find good renters. Currently grossing almost $8000/month. Whole inside was recently painted and both lower units have new kitchens and countertops.
Kaiwiki, located between Hilo Bay and the Wailuku River, is a residential and coastal Hilo neighborhood with ocean-facing bluffs and rainforest edges. The neighborhood’s character concentrates around the Hawaiʻi Belt Road (HI-19) corridor near the Hilo Hawaiian Hotel, where shoreline views meet a low-key strip of local eateries and small services. Pillars nearby include the Hilo Hawaiian Hotel, Coconut Island (Mokuola), and the Pacific Tsunami Museum, tying everyday life to Hilo’s waterfront history. Homes range from mid-century hillside residences to plantation-era forms, often oriented to trade winds and mauka-to-makai views. Short drives connect to beach parks, canoe paddling, and the banyan-lined shoreline. Frequent rain keeps the landscape lush, with gulches and palms shaping the streetscape.
Provided by Walk Score and Local Logic
Market insights
2107 Kaiwiki Rd · $1,300,000
LIST PRICE
$1,300,000
Median list price in this area is $867,239. (33% lower than this home)
PRICE DROP
0 price drops
8% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Fee simple ownership
Bathrooms
4 bathrooms (all full)
Exterior features
Paved road access
Lava zone 8
Home design
Zoned A-5A
Parking
Unassigned parking
Utilities
Electricity available
Septic tank
No solid waste disposal service listed
Electricity and solar
View estimated energy costs and solar savings for this home
Attention medical professionals and anyone that wants or needs to live near downtown Hilo * * * THIS IS ABSOLUTLY THE BEST DEAL ON A HOME IN HAWAII * * * Within 4 miles of downtown Hilo and stunning views of the ocean from every floor in this three-story home. 5634 sq ft that can be 3 or 4 separate units. Think positive cash flow or renting out some units and living for freePlus you are walking into over $500k in equity (move in ready, but could use some updating)Home is priced at $177/sq ft and Hilo homes typically sell for $400+ per sq/ftLower units: 2-bedroom 1 bath with full kitchen1 bedroom 1 bath with kitchenetteCommon area between units for laundry areaSeparate driveway and parking for these two units2nd story is the main living area with giant living room, great room, kitchen with pantry, 3 bedrooms, 1 bathroom, large laundry room and direct access to the 2 car garage3rd story can either be a separate 1 bedroom 1 bath or the master penthouse suite. The third floor has a master bedroom with loft area reading nook. Also has a separate kitchenette and area for dining and living. Plus deck space with views of the ocean and all of the Hilo area. Mater bathroom is very elegant and spacious. Nice sized walk-in closet. Plenty of decking so grab a glass of wine and unwind while taking in the beautiful ocean vistas at a nice cooler elevation. Because of tenants, showings are every Sunday from 12-2pm.
HI Information Service #651133
Oct 1, 2021
Listing Removed
—
Jun 30, 2021
Contingent
—
Jun 10, 2021
Listed
$1,100,000
$195/sq ft
HI Information Service #624075
Apr 14, 2021
Listing Removed
—
Sep 6, 2019
Contingent
—
Jun 13, 2019
Price Changed
$699,000
$124/sq ft
Apr 26, 2019
Price Changed
$799,000
$142/sq ft
Apr 3, 2019
Price Changed
$849,000
$151/sq ft
Feb 8, 2019
Price Changed
$899,000
$159/sq ft
Jan 25, 2019
Price Changed
$945,000
$168/sq ft
Jan 7, 2019
Price Changed
$995,000
$176/sq ft
Dec 20, 2018
Listed
$1,050,000
$186/sq ft
Public Records
Apr 13, 2004
Sold
$120,000
$21/sq ft
Public Records
Jun 1, 1987
Sold
$16,000
$3/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$18,055 (+4.9%)
$174,900 + $1,451,700
$1,626,600
2024
$17,214 (+118.2%)
$159,000 + $1,391,800
$1,550,800
2023
$7,889 (+22.4%)
$159,000 + $1,391,800
$1,550,800
2022
$6,445 (+3.4%)
$138,300 + $1,294,500
$1,432,800
2021
$6,236 (+3.4%)
$103,600 + $1,064,400
$1,168,000
2020
$6,033 (+3.4%)
$103,600 + $1,030,400
$1,134,000
2019
$5,836 (+3.4%)
$103,600 + $997,400
$1,101,000
2018
$5,644 (+3.4%)
$103,600 + $965,300
$1,068,900
2017
$5,459 (+3.4%)
$103,600 + $934,200
$1,037,800
2016
$5,278 (+41.7%)
$103,600 + $904,000
$1,007,600
2014
$3,725 (+3.6%)
$103,600 + $622,100
$725,700
2013
$3,595 (+11.6%)
$103,600 + $622,100
$725,700
2012
$3,222
$103,600 + $601,000
$704,600
Public record
Public record
Zoning
Permits
Beds
7
Baths
4
Stories
2.5
Lot width
—
Lot depth
—
Lot size
0.59 Acres
Year renovated
2008
Finished Sq. Ft.
5,638
Unfinished Sq. Ft.
—
Total Sq. Ft.
5,638
Year built
2008
Style
Single Family Residential
County
Hawaii County
APN
3260100310000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
A-5A
Agricultural District - 5 Acres
The A (agricultural) district provides for agricultural and very low density agriculturally-based residential use, encompassing rural areas of good to marginal agricultural and grazing land, forest land, game habitats, and areas where urbanization is not found to be appropriate. A-5a is an agricultural district with a minimum building site area of 5 acres.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Livestock production
Housing-Group
Housing-Single unit
Kennel
Veterinary clinic
Agriculture-Cropland
Agriculture-Pastureland
Jan 23, 2015 • Final
Residential single family electrical
Addition
Electrical
HVAC
Plumbing
Remodel
Jan 9, 2015 • Final
Residential
Electrical
Gas
Plumbing
Remodel
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Hilo, HI • 96720
Average low and high temperatures (°F)
78
64
77
63
78
65
80
66
79
66
80
68
81
68
82
68
82
68
81
68
79
66
79
64
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 19% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
8.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2107 Kaiwiki Rd
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