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54 Derby Ln

Hilo, HI 96720
  • $435,000
  • STATUS: Active
  • ON SITE: 164 Days
  • MLS #: 723760
UPDATED: 65 min ago
$435,000
  • 3
    BEDS
  • 0.08
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 880
    SQFT
  • $494
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1967
Area:

School Ratings & Info

Description

This charming Hilo residence stands proudly in the heart of town, quietly nestled near the historic bayfront and just minutes from the Hilo Farmer's Market, UH Hilo, shops, cafes, and schools. The 3-bedroom, 1-bath home sits on one of two side-by-side lots, both zoned Duplex/Double-family (RD-3.75), offering flexibility and options. Both parcels included in the listing price. This rare in-town opportunity is ideal for those looking to customize a property with potential for a variety of residential uses. Enjoy the lush Hilo climate and the convenience of nearby parks, beaches, and essential services all in an established neighborhood. Listing must be sold with parcel -047.

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© 2026 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Equity Hawai'i Real Estate. Data last updated: 2026-02-16T05:35:17.417.
www.hawaiidreamrealty.com/homes/167610303
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54 Derby Ln Hilo, HI 96720

  • Price: $435,000
  • Status: Active
  • On Site: 164 Days
  • Updated: 65 min ago
  • MLS #: 723760
3
Beds
1
Baths
0
½ Baths
0.08
Acres
880
SQFT
$494
$/SQFT
1967
Built
Neighborhood:
Fairwiew Lots
Area:
South Hilo
Property Description
This charming Hilo residence stands proudly in the heart of town, quietly nestled near the historic bayfront and just minutes from the Hilo Farmer's Market, UH Hilo, shops, cafes, and schools. The 3-bedroom, 1-bath home sits on one of two side-by-side lots, both zoned Duplex/Double-family (RD-3.75), offering flexibility and options. Both parcels included in the listing price. This rare in-town opportunity is ideal for those looking to customize a property with potential for a variety of residential uses. Enjoy the lush Hilo climate and the convenience of nearby parks, beaches, and essential services all in an established neighborhood. Listing must be sold with parcel -047.
Exterior Features

Carport Area Units Square Feet Exterior Area Units Square Feet Garage Area Units Square Feet Parking Features None Pool YN No Roofed Area Units Square Feet

Interior Features

Appliances DishwasherRangeRefrigeratorWasher/Dryer Stacked Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Washer Dryer Type Stacked Washer/Dryer Water Heater Electric

Property Features

Agriculture Dedicated YN No Association Fee 0 Association Fee Frequency Monthly Common Interest None Elevation Units Feet Flood Zone X In Use As Short Term Vacation Rental YN No Land Tenure Fee Simple Lava Zone 3 Listing Terms CashConventional Lot Features GrassyRocky Other Building Area Units Square Feet Ownership Full Property Attached YN No Property Sub Type Single Family Residence Roads CountyPaved Solid Waste Disposal None Special Listing Conditions Fee SimpleStandard Tax Annual Amount 1485.12 Tax Key 322019045 Tax Year 2025 Total Monthly Fees 0 Utilities Electricity AvailablePhone AvailableSewer Connected Waterfront YN No Zoning RD-3.75

Listing information © 2026 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Property Professionals Hawaii LLC..


© 2026 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Equity Hawai'i Real Estate. Data last updated: 2026-02-16T05:35:17.417.
 
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Equity Hawai'i Real Estate
210 Kamehameha Avenue
Hilo HI, 96720