Hawaii Living

Waiakea Villas #4325 (Hilo)

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Photo 1 of 400 Hualani St #4325, Hilo
Photo 2 of 400 Hualani St #4325, Hilo
Photo 3 of 400 Hualani St #4325, Hilo

400 Hualani St #4325, Hilo

Description
Experience the essence of paradise in your very own studio condo at Waiakea Villas in beautiful Hilo, Hawaii! The zoning of this complex allows for short-term vacation rentals and is STVR eligible!Here is an opportunity to put your personal touch on this gem where some updates and a little TLC can turn this unit into your ideal Hawaiian home or investment property! Located in the heart of Hilo, you'll have easy access to shopping, dining, and all the amenities the city has to offer. This top floor condo (3rd level) has large slider doors that open to a spacious lanai/balcony that overlooks the garden, and shared pool.Waiakea Villas is the one of the most lushly landscaped condo complexes in Hilo with meandering koi-filled streams and lagoons between the buildings. The University of Hawaii, shops, restaurants, banks and grocery stores are close by. Wailoa Park, with acres of walking paths and fishing areas lies adjacent to the complex. There is a large pool available for occupants and their guests. Each building has a coin-operated laundry room.
Past Activity
  • Dec 31, 2024 Sold for $182,500
  • Dec 22, 2024 Under Contract
  • Nov 15, 2024 Listed at $190,000
  • Oct 31, 2024 Off Market
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.92
  • Price / ft²: $480
  • Zoning: CG-7.5
  • View: Other
  • Security Features: Closed Circuit Camera(s), Security Patrol
  • Amenities: Range, Refrigerator
  • TMK: 3220300030088
  • Tax Assessed Value: $179,300
  • Courtesy: KW Big Island / 8084942452
  • MLS: 715839
About Waiakea Villas
  • Address: 400 Hualani St, Hilo, HI 96720.
     
  • Built: 1972, 251 Units, Studios, 1 Bedrooms, 10 3-Story Buildings, 7.5 Acres.
     
  • Amenities: Pool, Pool House.
     
  • Short-term Vacation Renting: Allowed.

Nestled in the lush tropical setting of the Wailoa River, Waiakea Villas is a condominium complex offering easy access to Hilo’s natural beauty. It sits right against the picturesque river, which has a recreation area that stretches across 100 scenic acres, featuring ponds, jogging paths and picnic pavilions. Meanwhile, downtown Hilo and the Univ



  ... Read more
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 28, 2026.
Other Waiakea Villas Listings
$189,000
Waiakea Villas #5238
Studio | 1 Ba
380 ft²
$205,000
Waiakea Villas #8283
Studio | 1 Ba
380 ft²
$219,000
Waiakea Villas #4224
Studio | 1 Ba
380 ft²
$230,000
Waiakea Villas #4226
1 Bd | 1 Ba
519 ft²
Other Big Island Condos
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Puueo Villa #16
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Lagoon View Apartments #A3
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Orchid Manor Hilo #225
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Colony One #39
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  • Sold 12/31/24 at $182,500
    (List Price: $190,000)
Description
Experience the essence of paradise in your very own studio condo at Waiakea Villas in beautiful Hilo, Hawaii! The zoning of this complex allows for short-term vacation rentals and is STVR eligible!Here is an opportunity to put your personal touch on this gem where some updates and a little TLC can turn this unit into your ideal Hawaiian home or investment property! Located in the heart of Hilo, you'll have easy access to shopping, dining, and all the amenities the city has to offer. This top floor condo (3rd level) has large slider doors that open to a spacious lanai/balcony that overlooks the garden, and shared pool.Waiakea Villas is the one of the most lushly landscaped condo complexes in Hilo with meandering koi-filled streams and lagoons between the buildings. The University of Hawaii, shops, restaurants, banks and grocery stores are close by. Wailoa Park, with acres of walking paths and fishing areas lies adjacent to the complex. There is a large pool available for occupants and their guests. Each building has a coin-operated laundry room.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 28, 2026.
    • Dec 31, 2024 Sold for $182,500
    • Dec 22, 2024 Under Contract
    • Nov 15, 2024 Listed at $190,000
    • Oct 31, 2024 Off Market
    • Address: 400 Hualani St, Hilo, HI 96720.
       
    • Built: 1972, 251 Units, Studios, 1 Bedrooms, 10 3-Story Buildings, 7.5 Acres.
       
    • Amenities: Pool, Pool House.
       
    • Short-term Vacation Renting: Allowed.

    Nestled in the lush tropical setting of the Wailoa River, Waiakea Villas is a condominium complex offering easy access to Hilo’s natural beauty. It sits right against the picturesque river, which has a recreation area that stretches across 100 scenic acres, featuring ponds, jogging paths and picnic pavilions. Meanwhile, downtown Hilo and the Univ



      ... Read more
    Other Waiakea Villas Listings
    $189,000
    Waiakea Villas #5238
    Studio | 1 Ba
    380 ft²
    $205,000
    Waiakea Villas #8283
    Studio | 1 Ba
    380 ft²
    $219,000
    Waiakea Villas #4224
    Studio | 1 Ba
    380 ft²
    $230,000
    Waiakea Villas #4226
    1 Bd | 1 Ba
    519 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, our network of agents 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.