Hilo Homes under $2 million

Welcome to Hilo, Hawaii – a hidden gem on the Big Island that perfectly marries natural beauty with a vibrant local culture. Nestled on the eastern coast, Hilo is renowned for its lush landscapes, cascading waterfalls, and the breathtaking views of Mauna Kea. This charming city is not just a feast for the eyes; it’s a place where the spirit of aloha thrives, inviting residents and visitors alike to experience its warm hospitality.

Hilo boasts a rich tapestry of history and culture, with a bustling downtown area filled with unique shops, art galleries, and delightful eateries. The Hilo Farmers Market, open every Wednesday and Saturday, offers a colorful array of fresh produce, handmade crafts, and local delicacies, making it a must-visit for anyone looking to immerse themselves in the local lifestyle.

For those seeking a home in this picturesque paradise, Hilo offers a fantastic selection of properties under $2 million. Whether you’re looking for a cozy bungalow surrounded by tropical gardens, a modern family home with ocean views, or a charming cottage close to the vibrant downtown, Hilo has something for everyone. With its affordable real estate options, this city provides an opportunity to enjoy the Hawaiian lifestyle without breaking the bank.

Experience the best of island living in Hilo, where every day feels like a vacation. Let the gentle ocean breezes and the rhythm of nature inspire you as you find your perfect home in this enchanting city. Your Hawaiian dream awaits!

Newest Hilo Homes under $2 million

$615,000

3 Beds ⋅ 2 Baths ⋅ 202617693 MLS ⋅ FS - Fee Simple Tenure ⋅ 8 DOM

Waiakea neighborhood three bedroom, two bath home on a large 19,000+ square foot lot. The backyard is adjacent to the Hilo Municipal Golf Course. Great view and a relaxing environment! The home is in good shape and ready for your upgrades for the finishing touches. Carport suitable for two vehicles and it has storage closets. Electrical and plumbing supply lines have been upgraded.

445 Iwalani Street, Hilo

$1,349,000

9 Beds ⋅ 5 Baths ⋅ 202617162 MLS ⋅ FS - Fee Simple Tenure ⋅ 32 DOM

Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering 2.72 acres of usable land with room for gardening, farming, recreation, expansion or multi-generational living. The property features two existing homes with three assigned street addresses, offering flexibility for extended family living, rental income potential, guest accommodations or home-based business use. Numerous improvements were completed following a recent pre-listing inspection. Both dwellings received interior and exterior paint along with additional repairs and updates. Improvements include roof repainting, termite damage repairs, updated fixtures, GFCI outlets, screens and railings. The secondary dwelling also features new vinyl flooring and patio improvements. A pre-listing inspection was completed, with numerous items addressed in preparation for sale, creating a refreshed, move-in-ready opportunity. Located in desirable Panaewa, minutes from Hilo town, shopping, schools and parks, this unique property offers privacy, flexibility and open space increasingly difficult to find so close to town.

272 Lama Street, Hilo

$725,000

2 Beds ⋅ 3 Baths ⋅ 202616443 MLS ⋅ FS - Fee Simple Tenure ⋅ 45 DOM

10-Acre Agricultural Property in Hilo Discover the possibilities on this 10-acre agricultural property located just minutes outside of Hilo Town. Offering a unique off-grid setup, usable agricultural land, and multiple existing structures, this property is ideal for someone looking for space, privacy, and the opportunity to restore and customize a rural homestead. The property measures approximately 177 feet wide by 2,449 feet deep and features a main residence, a 550-square-foot garage-type outbuilding, garden area, and a chicken coop. The main structure was built in 2003 with steel-frame construction. The property is currently off-grid and utilizes water catchment, with an approximately 10,000-gallon catchment tank, and a 5kw generator, and solar arrays. There are established citrus trees throughout; tangerines and oranges, guava, mountain apples, starfruit, lychee, jaboticaba, apple bananas, Lehua Taro, Cinnamon, camphor... Property is being offered in its current condition and will require improvements. Buyers are encouraged to conduct their own due diligence regarding the condition, permitted uses, structures, utilities, water catchment, and agricultural potential.

178 S Wilder Road, Hilo

$239,900

1 Baths ⋅ 202616349 MLS ⋅ FS - Fee Simple Tenure ⋅ 47 DOM ⋅ Orchid Manor BLDG.

E Komo Mai, come see your new luxury designed condo in a great location in Hilo close to everything. This condo unit has been completely renovated to an upscale modern interior design. The newly designed kitchen has new cabinets, all soft close, quartz countertops, and custom finishes with a large island with a lot of cabinet/storage space. The bathroom has new marble style tile throughout. with all new cabinetry. Custom Microcement flooring throughout the unit makes for easy cleaning and long lasting design. All new light fixtures and plumbing fixtures for a sleek modern design. Lights in the kitchen and bathroom have a "Sky Light" feature to give you a feel of the outside sky. Appliances include: new refrigerator, new microwave with exhaust vent, and new air conditioner. The Orchid Manor complex has an onsite pool, laundry facility, trash service, cable and internet, sewer service, water, and electricity included.

355 Kalanianaole Avenue Unit 103, Hilo

$585,000

3 Beds ⋅ 3 Baths ⋅ 202612677 MLS ⋅ FS - Fee Simple Tenure ⋅ 103 DOM

Sitting on a rare 1.32-acre, fully fenced parcel in one of the most desirable pockets of Hawaiian Paradise Park, this custom-built home stands out. Buyers familiar with this area know how uncommon it is to find new construction where the grass has already taken hold, neighboring homes reflect pride of ownership, and the setting feels established. Inside, luxury vinyl flooring flows throughout the main living spaces, while marble tile elevates every bathroom. The kitchen features an oversized island, white quartz countertops, soft-close cabinetry, and abundant storage. The attached 2-car garage offers additional storage and opens into the laundry room with a utility sink and adjacent full bath, making cleanup after the beach, yard work, or weekend projects easy. The primary suite features a large walk-in closet and spacious ensuite with a walk-in shower. Both front and rear lanais are fully screened, creating additional living spaces to relax without being bothered by bugs. Anyone can build a new house. It's much harder to find one that already feels established. On an oversized lot, on a quiet street, this is the kind of property buyers hope to find but rarely do.

15 21st Avenue, Hilo

$875,000

3 Beds ⋅ 3 Baths ⋅ 202610492 MLS ⋅ FS - Fee Simple Tenure ⋅ 134 DOM

Experience Ultimate Off-Grid Luxury on 5 Acres of Fully Fenced Prestigious Parcel in Glenwood on Big Island Hawaii. Stunning 80,000-Gallon UV-filtered Fish Pond & Waterfall make this Private Lush Estate a one-of-a-kind. Double-Walled home with Spacious Floor Plan designed to accentuate the Views of Your Nature Oasis! Fully Solar Powered with 24 Panels, Inverters, Batteries & a remote 10 kW Isuzu Generator for Backup plus a reinforced potable catchment system & pressure pump. A 20’x30’ greenhouse, 1,120 sf garage with ample storage that connects to the 880 sf carport / boat port. There is a goat shed, aviary & dog kennel perfect for farming or homestead living. Landscaping of this Level & Curated Lot includes beautiful native and exotic flowers & plants. Inside, discover T&G vaulted ceilings, solid oak cabinetry, gas on-demand water heater, pellet stove & massive covered wrap-around lanais on both levels—perfect for soaking in the beauty of the pond & property! This off-grid sanctuary combines serenity, sustainability & the Legacy Living Opportunity that you've dreamed of!

18-4565 Makaala Street, Hilo

$425,000

5 Beds ⋅ 2 Baths ⋅ 202525150 MLS ⋅ LH - Leasehold Tenure ⋅ 337 DOM

Keaukaha Hawaiian Homes-Renovated 5 bedroom, 2 baths, large 21,155 sq. ft. lot. Near Keaukaha Beach Park/ Puhi Bay in Hilo.

203 Todd Avenue, Hilo

Start Your Search

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.