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27-261 OLD MAMALAHOA HIGHWAY, PAPAIKOU, HI 96781

Incredible Papaikou property with historic charm.

Listing Provided by: Iokua Real Estate
MLS #: 731401
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo

Description

Located just a few miles north of Hilo, this incredible Papaikou property has been in the same family since the sugar plantation days. Steeped in historic charm, the front structures were built around 1920, and the more modern primary residence was built in 1974 and recently upgraded. The sale includes the developed 17,472 sqft front parcel and adjoining 15,634 sqft vacant parcel (TMK#3-2-7-28-38), for a total of approximately 33,106 sqft of land, potentially allowing for an additional residence, family compound, or countless other uses. Inside the main home, you are greeted by high ceilings and modern upgrades. With 4 bedrooms, 3 baths, and over 2,300 square feet of living space, there is plenty of room to grow. One of the suites is easily closed off from the primary living space, and comes with its own kitchenette, full bath, and even a sauna! Please note, condition of the historic structures at the front boundary is unknown. The property is outside of the bustle of town, while still having the conveniences of city life including metered water and sewer connection. A 10 minute drive down picturesque Hawaii Belt Road takes you to the shops, restaurants, and beaches of Hilo Town, or if you don’t feel like going too far, a short 2.5 mile drive takes you Honoli’i Beach Park, one of the most popular surf beaches in East Hawaii. This piece of Papaikou history is not to be missed!

Property Details

Price: $750,000
Sold Price:
Address: 27-261 OLD MAMALAHOA HIGHWAY, PAPAIKOU, HI 96781
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 6
Total Bathrooms: 4
Full Baths: 4
Living Area: 4,608 Square Feet

Listed by: Iokua Real Estate
Year Built: 1920
Levels:

Features and Amenities

Interior Features:
Exterior Features:
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Pool:
Pool Features:

Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Other
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: PAPAIKOU
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 8
Flood Zone: X

Land Information

Lot Size: 33,106 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type:
Roads: County
Roads Frontage Type:
Zoning: RS-7.5
Horse Amenities:

Additional Details

Assessed Tax Value: $788,100
Annual Tax: $8,721
Tax Year: 2025
Tax Lot: A
Tax Block:

Utilities: Electricity Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: None

First Listed June 23, 2026, 5:44 pm
Last Updated June 23, 2026, 5:44 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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