• 14 days on site
  • 2 views

Turnkey Investment Opportunity in Hilo: Active, Fully Furnished Vacation Rental! Maximize your portfolio with this top-floor, corner unit in Wainaku Terrace, currently operating as a successful active vacation rental. This prime investment comes fully furnished and completely refreshed, offering a seamless, guest-ready transition for its next owner. As a coveted corner unit, extra windows frame views of the lush green countryside and fill the open-concept layout with natural light, creating a bright and airy atmosphere that guests love. The thoughtful floor plan features separate bedrooms, including a Master Suite complete with a dedicated vanity space, a large walk-in closet, and direct access to a full bath. Visitors can also relax, sunbathe, and entertain at the common pool area. A comprehensive monthly maintenance fee of $821 covers essential utilities and operations: water, water heating, sewer, refuse, exterior pest control, pool and grounds maintenance, laundry facilities, property management services, building insurance, a resident manager, and reserve funding. Location is key for high occupancy. Wainaku Terrace sits just blocks from Hilo's beautiful Bayfront in Historic Downtown Hilo. Guests are steps away from a vibrant local lifestyle featuring shopping, restaurants, a farmer's market, groceries, museums, banks, medical services, and a public library. The area also offers excellent recreation, including canoe racing, a local surf break, parks, community events, and nightlife. Whether you're looking for a high-performing short-term rental or a personal tropical getaway, this property delivers the ultimate Hilo experience.

Source: Hawaii Information Services, MLS#: 730724

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  • Property Type
    Residential
Listing provided courtesy of COMPASS- MLS# 730724MLS ProviderContact Information: 8089388284

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  • Median Age
    41
  • Population Density
    159
  • College Educated
    46%
  • Estimated Median Income
    $65,551
  • Estimated Total Home Owners
    10,785
  • Estimated Total Renters
    6,316
  • Owner / Renter Divide
    63% / 37%
  • Estimated Average Household Size
    3
  • Total Population
    48,647
  • Community data courtesy of LiveBy, Inc.

History

Date Event Value Agent
6/15/2026Source: Hawaii Information Services Added to Database
June 15, 2026
5/12/2025Source: Hawaii Information Services Status Change
Closed
5/12/2025Source: Hawaii Information Services Status Change
Closed
5/1/2025Source: Hawaii Information Services Added to Database
May 01, 2025
5/1/2025Source: Hawaii Information Services Added to Database
May 01, 2025