Hawaii Living

Hilo Terrace #228 (Hilo)

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485 Waianuenue Ave #228, Hilo

Description
Seller is accepting back-up offers.

The advantages of trouble-free condo living await you in this delightful 2nd-floor unit at Hilo Terrace. Newly renovated, this condo is a great home base for excursions and to enjoy all that Downtown has to offer.

The freshly painted interior offers a surplus of remarkable plusses. The recently updated kitchen has inspiring counter space, new stainless steel appliances configured for attractive efficiency, and newly installed white cabinetry with soft close draws and hardware. New vinyl flooring throughout. The two bedrooms--ready for guests or residents and your decorative touch--are a great place to turn in for the evening.

This delightful property is close to Hilo Farmers Market's shopping and dining options. Carry a picnic to the natural allurements of the Pacific Ocean. Enjoy the park or visit that new restaurant around the corner.

The complex features an in-ground pool and coin-operated laundry for convenience.

The monthly maintenance fee covers gas, water, sewer, maintenance of the common areas, and association insurance. Trash is billed separately. The buyer is responsible for their own electricity, internet, cable, and phone costs.

All buildings were fumigated in 2023, along with a new roof. The pool was refinished in 2019.

You'll want your offer to be competitive and quick.
Past Activity
More Details
  • HOA Fees / ft²: $0.69
  • Price / ft²: $294
  • Zoning: CG-20
  • Amenities: Dryer, Range, Range Hood, Refrigerator, Washer
  • TMK: 3230160660048
  • Tax Assessed Value: $111,800
  • Courtesy: Hilo Bay Realty LLC
  • MLS: 704530
About Hilo Terrace
  • Address: 485 Waianuenue Ave, Hilo, HI 96720.
     
  • Built: 1963, 100 Units, 2 Bedrooms, 10 2-Story Buildings, 3.5 Acre.
     
  • Amenities: Pool.
     
  • Short-term Vacation Renting: Not Allowed.

Hilo Terrace is a charming condominium complex with a prime location in Hilo. It’s located just moments away from the downtown shopping area, farmer’s market, schools and Hilo Bayfront Beach Park.

Originally a leasehold property, the majority of units have converted to fee simple ownership in early 2025. For added comfort, a resident manager is availa  ..... Read more.

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 21, 2025.
Other Hilo Terrace Listings
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$200,000
Hilo Terrace #224
2 Bds | 1 Ba
695 ft²
Other Hilo Condos
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$189,000
33 Hualalai #203
1 Bd | 1 Ba
608 ft²
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$158,800
Puueo Villa #2
2 Bds | 1 Ba
660 ft²
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$265,000
Waiakea Villas #2207
1 Bd | 1 Ba
510 ft²
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$215,000
Orchid Manor Hilo #221
Studio | 1 Ba
496 ft²
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$179,000
Puueo Villa #4
2 Bds | 1 Ba
660 ft²
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$235,000
Waiakea Villas #8283
Studio | 1 Ba
380 ft²
  • Sold 11/21/23 at $204,000
    (List Price: $204,000)
Description
Seller is accepting back-up offers.

The advantages of trouble-free condo living await you in this delightful 2nd-floor unit at Hilo Terrace. Newly renovated, this condo is a great home base for excursions and to enjoy all that Downtown has to offer.

The freshly painted interior offers a surplus of remarkable plusses. The recently updated kitchen has inspiring counter space, new stainless steel appliances configured for attractive efficiency, and newly installed white cabinetry with soft close draws and hardware. New vinyl flooring throughout. The two bedrooms--ready for guests or residents and your decorative touch--are a great place to turn in for the evening.

This delightful property is close to Hilo Farmers Market's shopping and dining options. Carry a picnic to the natural allurements of the Pacific Ocean. Enjoy the park or visit that new restaurant around the corner.

The complex features an in-ground pool and coin-operated laundry for convenience.

The monthly maintenance fee covers gas, water, sewer, maintenance of the common areas, and association insurance. Trash is billed separately. The buyer is responsible for their own electricity, internet, cable, and phone costs.

All buildings were fumigated in 2023, along with a new roof. The pool was refinished in 2019.

You'll want your offer to be competitive and quick.
    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 21, 2025.
    • Address: 485 Waianuenue Ave, Hilo, HI 96720.
       
    • Built: 1963, 100 Units, 2 Bedrooms, 10 2-Story Buildings, 3.5 Acre.
       
    • Amenities: Pool.
       
    • Short-term Vacation Renting: Not Allowed.

    Hilo Terrace is a charming condominium complex with a prime location in Hilo. It’s located just moments away from the downtown shopping area, farmer’s market, schools and Hilo Bayfront Beach Park.

    Originally a leasehold property, the majority of units have converted to fee simple ownership in early 2025. For added comfort, a resident manager is availa  ..... Read more.

    Other Hilo Terrace Listings
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    $200,000
    Hilo Terrace #224
    2 Bds | 1 Ba
    695 ft²
     
    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.