$ 2,890,000

240 KAIULANI ST, Hilo, HI 96720  
  • 7 beds
  • 6.01 baths

240 KAIULANI ST, Hilo, HI 96720  

Elegant and historic, the 1916 Thomas Guard Estate on Reed’s Island is listed on the Hawaii State and National Register of Historic Places. Extensively restored to its original grandeur over the last two ownerships, the approx. 6,000 sqft. home is immaculate standing regal and proud at 101. The 7 large bedroom suites have fully appointed baths some with the original cast iron bath tubs and pedestal sinks. The Grand Salon and formal dining room have the original, native ‘Ohia wood floors and Fir floors upstairs. Once a licensed B&B, now a private residence, the views are of waterfalls and the Wailuku River. The home is sited between the Wailuku River on the north and Waikapu Stream on the east and south within walking distance to Hilo Town. The river affords serenity and outstanding views with frequent double rainbows as the sun’s rays erupt from the old growth tropical rainforest surrounding its banks. The waterfalls and rushing water and pools remind one of the proverbial jungle river movies as the setting is picture perfect. The 1.56 ac lot originally deeded to John Reed in 1868 by King Kamehameha IV as a wedding gift was sold to Thomas Guard who built the home in 1916. The fully finished and permitted basement includes a full bath and hotel sized laundry room. The RS-15 zoning may allow for additional, future structures adding value to the property. A covered veranda of approx. 800 sqft. is adjacent to the glass (600+) paned sunroom. Cable TV and high speed internet access are throughout. The home is double wall construction and the original lumber used is true dimensional. Modern upgrades have been added while maintaining the aesthetics and integrity of the period. Improvements include extensive electrical and plumbing upgrades, new roof, paint inside and out, some new windows and kitchen flooring. The B&B Special Use Permit may still be available; currently owner offers limited availability on VRBO. Matterport video available upon request.

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  • Listing Type Single Family
  • Listing ID 604107
  • Bedrooms 7
  • Bathrooms 6.01
  • Lot Size 1.56 acres
  • Listing Status Active
  • Year Built 1916
  • County Hawaii
  • Full Bath 6
  • Half Bath 1
  • Subdivision Reeds Island
  • Zoning RS-15
  • Taxes 100.0
Listing courtesy of MacArthur Sotheby's International Realty - Kamuela
Sold Info
Date Sold for Change
07/13/2008 $2,000,000 +284.6%
05/23/2002 $520,000 N/A
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