Hawaii Living

720 Laukapu St (Hilo)

1 / 30
720 Laukapu St, Hilo
Inquire / Showing / Video Tour
Description
Once you enter this one-of-a-kind 4,700 sf home, you will never want to leave!
And you don’t have to…with a home-based business or work-from-home option. In fact, the owners' intention when renovating was to create a possible bed and breakfast, taking advantage of the home's close location to the Merrie Monarch festivities.

Corner property with two street entrances, with four entrance doors plus the garage. A grand foyer with indirect lighting, spacious air-conditioned living room, expansive bar area, family/game room and large bedroom. Vinyl koa laminate flooring.

*Latest insurance estimate of replacement value of the home is $2.2 million.

*Upstairs Accommodations: The upper floor includes two bedrooms with a bath and the Master bedroom with two large walk-in closets and bath. Cosmetic renovations needed.

*Outdoor Amenities: An 8' lanai wraps around the front of the two-story section, a perfect space for barbecues and outdoor gatherings. A lush lawn and garden form a serene outdoor environment enabled by a custom wood/vinyl fence along Leilani Street and a hedge fence along Laukapu Street.

*Energy Efficiency: Benefit from reduced utility costs with a leased photovoltaic system that enhances the property's energy efficiency.

*New cantilevered windows, new flooring, new paint. Also included are two other refrigerators, two wall-mounted 50" televisions and one 80" TV and newer washer/dryer. Brand new windows for the upstairs units are part of the sale.

*Subdivision Potential: Zoned RS-10, the 22,500sf lot can be subdivided into a 10,000 sq ft flag lot, offering future development possibilities.

*Location is 7 minutes from the airport and very close to shopping areas and beaches.


*Click on paperclip for house layout.
Recent Activity
  • Aug 15, 2024 Listed at $1,275,000
Past Sales
(Hilo)
More Details
  • Price / ft²: $244
  • Zoning: RS-10
  • Amenities: Disposal, Dryer, Microwave, Oven, Range Hood, Refrigerator, Washer
  • TMK: 3220361000000
  • Tax Assessed Value: $696,500
  • Courtesy: Ray Kobayashi Jr REALTOR
  • MLS: 713198
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on April 16, 2025.
Other Hilo Homes
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,150,000
27-791 Onohi Loop
1 Bd | 1 Ba
1,292 ft²
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,145,500
127 Kanoelani St #1
7 Bds | 4 Ba
5,746 ft²
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,175,000
543 Kaanini St
4 Bds | 3 Ba
2,672 ft²
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,179,000
Other Big Island Homes
Waikoloa
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,150,000
69-200 Pohakulana Pl #F32
2 Bds | 2 Ba
1,237 ft²
Kona
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,150,000
75-5822 Neke Pl
3 Bds | 2 Ba
1,872 ft²
Kona
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,150,000
77-165 Hooilina Ct
3 Bds | 2 Ba
1,409 ft²
Captain Cook
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,150,000
88-119 Kai Ave
2 Bds | 2.5 Ba
1,490 ft²
Kona
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,150,000
76-247 Keakealani Dr
3 Bds | 2 Ba
1,376 ft²
Kona
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$1,150,000
77-131 Laaloa Ave
3 Bds | 2 Ba
1,620 ft²
  • Asking Price: $1,150,000
Description
Once you enter this one-of-a-kind 4,700 sf home, you will never want to leave!
And you don’t have to…with a home-based business or work-from-home option. In fact, the owners' intention when renovating was to create a possible bed and breakfast, taking advantage of the home's close location to the Merrie Monarch festivities.

Corner property with two street entrances, with four entrance doors plus the garage. A grand foyer with indirect lighting, spacious air-conditioned living room, expansive bar area, family/game room and large bedroom. Vinyl koa laminate flooring.

*Latest insurance estimate of replacement value of the home is $2.2 million.

*Upstairs Accommodations: The upper floor includes two bedrooms with a bath and the Master bedroom with two large walk-in closets and bath. Cosmetic renovations needed.

*Outdoor Amenities: An 8' lanai wraps around the front of the two-story section, a perfect space for barbecues and outdoor gatherings. A lush lawn and garden form a serene outdoor environment enabled by a custom wood/vinyl fence along Leilani Street and a hedge fence along Laukapu Street.

*Energy Efficiency: Benefit from reduced utility costs with a leased photovoltaic system that enhances the property's energy efficiency.

*New cantilevered windows, new flooring, new paint. Also included are two other refrigerators, two wall-mounted 50" televisions and one 80" TV and newer washer/dryer. Brand new windows for the upstairs units are part of the sale.

*Subdivision Potential: Zoned RS-10, the 22,500sf lot can be subdivided into a 10,000 sq ft flag lot, offering future development possibilities.

*Location is 7 minutes from the airport and very close to shopping areas and beaches.


*Click on paperclip for house layout.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on April 16, 2025.
    • Aug 15, 2024 Listed at $1,275,000
    Other Hilo Homes
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $1,150,000
    27-791 Onohi Loop
    1 Bd | 1 Ba
    1,292 ft²
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $1,145,500
    127 Kanoelani St #1
    7 Bds | 4 Ba
    5,746 ft²
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $1,175,000
    543 Kaanini St
    4 Bds | 3 Ba
    2,672 ft²
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $1,179,000
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.