Rare Opportunity at Hilo Lagoon Centre! Priced well below assessed value, this is an incredible opportunity!<br><br>This spacious 961 sq ft, 2-bedroom, 2-bath condo features a desirable split-bedroom layout and is located on the 4th floor of the sought-after Hilo Lagoon Centre. Each bedroom and the living room boasts large sliding glass doors leading to private balconies with mountain and city views—beautifully lit at night. Stay cool year-round with strong, individually controlled A/C units in every room. The kitchen includes a convenient passthrough to the living room, perfect for casual dining or entertaining. One assigned parking stall is included.<br><br>The monthly condo fee covers nearly everything: electricity, water, sewer, trash service, basic cable, 24-hour security, and access to a refreshing swimming pool—ideal for cooling off on warm Hilo days. Additional amenities include elevators, mail delivery, a shared laundry room just down the hall, and tranquil koi ponds and water features throughout the beautifully landscaped grounds.<br><br>Located next to Wailoa River State Park, this central Hilo location puts you close to UH Hilo, shopping, restaurants, parks, and entertainment. Whether you’re looking for a primary residence, investment property, or island retreat, this condo offers comfort, convenience, and the beauty of Hawai‘i living.<br><br>See the video tour here: https://lhre360.com/Hilo/MLS722732.mp4
Sold for $279,900 on 09/05/25
$279,900
101 Hilo Lagoon Ctr #421, Hilo, HI 96720
2beds
961sqft
Condominium
Built in 1971
-- sqft lot
$280,000 Zestimate®
$291/sqft
$2,085 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2025 at 02:37pm
Listed by:
Woody Musson 8089367580,
Local Hawaii Real Estate
Bought with:
Pamela M Blas Tom, RB-21951
Iokua Real Estate
Source: Hawaii Information Service,MLS#: 722732

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dryer, Range, Range Hood, Refrigerator, Washer
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 961
- Total interior livable area: 961 sqft
Property
Parking
- Parking features: Assigned, Detached
Features
- Pool features: In Ground
Lot
- Features: See Remarks
- Topography: Fairly Level
Details
- Parcel number: 3220140100134
- Zoning: CG-7.5
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1971
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
Community & neighborhood
Security
- Security features: Security Patrol
Location
- Region: Hilo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,266 monthly
Other
Other facts
- Listing terms: Cash,Construction Loan
- Ownership: CPR
- Road surface type: Paved
Sell for more
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$280,000
2% more+$5,600
With Zillow Showcase(estimated)$285,600