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98 Kaiwiki Rd, Hilo, HI, 96720

1beds
2baths
1,099sqft
$674,000
$613price/sqft
$4,436/moest. monthly cost
$177,440/yrincome needed

About This Home

Perched in a lush rainforest, this turn key Hilo home boasts custom floor-to-ceiling windows to bring the tranquility of the Hawaiian forest into the home. Designed for those who appreciate natural beauty and modern architectural lines, this property offers a rare treehouse perspective with all the comforts of a contemporary house. The heart of the home features an open-concept floor plan crowned by open-beams and high ceilings. Whether you are in the living room or the primary bedroom, the large windows create a seamless connection to the running stream and tropical palms. The lower level is an adaptable space, offering two multi-functional rooms currently utilized as a den and a secondary sleeping area. The full bathroom features a large soaking tub and separate walk-in shower finished with river-rock flooring and tile throughout. A large walk-in closet provides significant storage, complemented by a dedicated laundry room with brand new stacked washer and dryer. The experience continues outside with a fenced yard to bring a garden to life. An outdoor shower overlooking the stream allows you to fully immerse yourself in the rainforest atmosphere. Tucked away in a peaceful setting yet minutes from downtown Hilo and Hilo Medical Center, this home is the perfect balance of privacy and accessibility. Recent updates include refinished bamboo flooring, new vanity and toilet in en suite bathroom, new electrical fixtures throughout, new fridge, washer/dryer, newly finished stairs, and many other improvements! The house is offered turn key and move-in ready. Furnishings may be removed if desired. Fly-through video link: https://vimeo.com/1174617803?share=copy&fl=sv&fe=ci

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

8/10
Haaheo Elementary SchoolGrades PK-60.4 mi
8/10
Hilo Intermediate SchoolGrades 7-81.3 mi
6/10
Hilo High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 2001

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Microwave,Range,Refrigerator,Washer/Dryer Stacked

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Interior Area

  • Total structure area: 1,099
  • Total interior livable area: 1,099 sqft

Property

Details

  • Parcel number: 3260300510000
  • Zoning: RS-15
  • Special condition: Fee Simple,Standard

Features

  • Levels: Two
  • Fencing: Chain Link
  • Has view: Yes
  • View description: Other
  • Frontage type: Stream/Canal
  • Topography of land: Gentle Slope,Steep Slope

Lot

  • Lot size: 0.66 Acres

Parking

  • Parking features: Covered

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

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Volcanic Activity
    Volcanic ActivityRelatively High
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Volcanic Activity
Lightning
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 $3,408$40,896
Home Insurance *$193$2,316
Property Taxes $461$5,532
Electricity $374$4,497
Total$4,436$53,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,091/yr
40% on housing$133,080/yr
45% on housing$118,293/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

$613This listing

vs Other Active Listings

Avg $/sqft

ZIP 96720$433
Hawaii County$496

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
2026-05-12Price change$674,000
2026-03-18Listed for sale$699,000
2020-08-24Sold$320,000
2020-07-08Pending sale$320,000
2020-07-03Listed for sale$320,000
1999-12-23Sold$25,000

For Sale by Agent

AgentMonika McKenzie
BrokerageHawaii Life

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