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120 Woa Rd, Hilo, HI, 96720

8beds
8baths
7,270sqft
$7,999,999
$1,100price/sqft
$48,141/moest. monthly cost
$1,925,640/yrincome needed

About This Home

Commanding ocean views, timeless architecture, and handcrafted detail define this extraordinary over 9-acre estate outside Hilo. Brought to life by the hands of a master woodworker and a painter-artist, the estate’s three-story, 7,000+ sqft teak residence anchors the property, having recently undergone extensive upgrades and updates. Operating as a BnB, the home features 8 bedrooms and 8 bathrooms, designed so that every floor offers independent, private living ideal for hosting, multi-gen living, or retreat-style accommodations. Mature edible landscaping, mango, citrus, lychee, guava, avocado, bananas, papayas, ulu/breadfruit, starfruit, pomegranates, white pineapples, and more surround the grounds. A glass bridge spans koi ponds, leading to the main entrance, where sculpted trees and hand-carvings of birds, mushrooms, even a dragon, come to life beneath artistic lighting. The ground floor offers a private 2-bedroom suite, while the upper levels each include 3 bedrooms and 3 bathrooms, with separate entrances. Local hardwoods, including koa, rainbow eucalyptus, monkeypod, robusta, ironwood, and silky oak, shape custom trim, floors, murals, and inlays; milled on-site at the private mill behind the workshop. Recent improvements include full insulation, updated electrical and plumbing, and a new roof. Property highlights include: - Located just 4 minutes from Honoli‘i Beach Park - Bordering stream and waterfall - Panoramic ocean & sunrise views - Gated entry with handcrafted rock walls - Five covered lanais for seamless indoor-outdoor living - 2,430 sq ft workshop and wood mill - Eight versatile paddocks, fully fenced and ready for use - Jacuzzi and surfboard-style outdoor shower - Sold fully furnished and move-in ready Video Tour: https://player.vimeo.com/video/1098413866 A list of plants, animals, and a full features list is available. Be sure to watch the video for a full visual tour.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 2007

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Cooktop,Microwave Hood,Range,Refrigerator,Washer,Wine Cooler

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8
  • Full bathrooms: 8

Features

  • Vaulted Ceiling(s)
  • Flooring: Hardwood,Slate

Heating & Cooling

  • Heating features: Zoned
  • Cooling features: Air Conditioning,Zoned

Interior Area

  • Total structure area: 7,270
  • Total interior livable area: 7,270 sqft

Property

Details

  • Parcel number: 3270380040000
  • Zoning: A-20A
  • Special condition: Fee Simple,Standard

Features

  • Fencing: Full,Stone,Wire
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 9.63 Acres
  • Features: Farm,Grassy

Parking

  • Parking features: Detached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Earthquake
    EarthquakeRelatively High
  • Volcanic Activity
    Volcanic ActivityModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Earthquake
Volcanic Activity
Wildfire

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $40,452$485,424
Home Insurance *$2,298$27,576
Property Taxes $3,050$36,600
Electricity $2,341$28,093
Total$48,141$577,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,650,548/yr
40% on housing$1,444,230/yr
45% on housing$1,283,760/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,100This listing

vs Other Active Listings

Avg $/sqft

ZIP 96720$408
Hawaii County$495

vs Homes Sold Last Month

Median $/sqft

ZIP 96720$466
Hawaii County$424

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-24Price change$8,999,999
2025-10-17Price change$9,500,000
2025-07-04Listed for sale$10,000,000
2020-08-12Sold$688,800
2020-07-13Pending sale$819,900
2020-06-30Price change$819,900
2020-06-04Price change$850,000
2020-05-02Listed for sale$899,000
2020-01-21Sold$820,000
2019-07-30Listing removed$764,921
2019-07-24Price change$764,921
2019-07-23Price change$765,372
2019-07-21Price change$764,235
2019-07-19Price change$763,365
2019-07-15Price change$760,645
2019-07-11Price change$757,714
2019-07-03Price change$755,863
2019-07-01Price change$755,845
2019-06-28Listed for sale--
2004-02-24Sold$135,000

For Sale by Agent

AgentJennifer L Bien
BrokerageNextHome Paradise Realty

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