111 ALAWAENA PL, Hilo, HI 96720

Motivated Sellers - Accepting all offers- Rare 3 Acres in Hilo Investor opportunity with incredible potential-expand, develop, or create your dream Home. Many possibilities. Island living in this 3-bedroom, 2-bath home with a versatile bonus room, ideally located above Hilo in the highly desirable Waiakea Uka district.

A spacious covered front lanai welcomes you into a bright and inviting interior, featuring bamboo flooring, a slate-tiled foyer, and abundant natural light. The open-concept living room showcases accordion French doors that frame breathtaking ocean views and open to an expansive rear lanai-perfect for morning coffee, sunset gatherings, or simply enjoying the peaceful surroundings.

The dining area also captures ocean views and flows seamlessly into the well-appointed kitchen, complete with reverse osmosis system, stainless steel appliances, trash compactor, dishwasher, built-in desk, and generous storage. A private laundry room with washer, dryer, and utility sink.

The primary suite is privately situated in its own wing, offering a spacious walk-in closet, direct lanai access, stunning ocean views, and an ensuite bath with double sinks and travertine flooring. On the opposite side of the home, two additional bedrooms provide comfort and flexibility-one with beautiful Mauna Kea views, and the other featuring both Mauna Kea views, lanai access, and a charming wall mural.

The bonus room is perfect for a home office, guest space, or playroom. Additional highlights include a two-car garage, ample storage beneath the home, pump house, and leased solar panels for improved energy efficiency. The property is a true tropical retreat with mature fruit trees including ulu, jackfruit, tangelo, papaya, loquat, avocado, and both red and yellow dragon fruit.

You'll also find a young mame sapote tree, along with pineapple plants and turmeric. Enjoy privacy, space, and incredible potential-all just minutes from Hilo town.