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$2,400,000 286 KAIULANI ST, HILO, HI 96720
Built on the edge of a bluff adjacent to a double 25-ft. waterfall on the Wailuku River, the famed retreat Falls at Reeds Island is a complex mix of tropical magic, zen energy, solitude, and modernism. Surrounded by state and conservation land, at the edge of the property another 85-ft. waterfall cascades into the 700-ft. of river frontage. The home is a work of art with the closeup views of the falls and natural rainforest prevailing from every room. The minimalist interiors of 2,696 sq.ft. complement the environment and vice versa. Built of Port Orford, OR cedar and supported by locally sourced 'Ohia post, a long breezeway entry screened from floor to ceiling connects the homes 3 living pavilions. The late San Francisco architect David Morton created this vertical structure to meet the physical challenges of the 2.249 ac. long, narrow parcel bordered by 2 gulches, the rain forest and the river with the result being a home of distinction hailed in the NY Times as well as multiple award-winning travelsites with 5-star ratings for this successful vacation rental. Known as Koloiki, Reed's Island is a 26-ac. enclave shaped by the Wailuku River, the largest in the state. Once home to Hawaiian royalty, Koloiki was sold by King Kamehameha IV to William Reed in 1861. Accessible by a small bridge, Reed's Island is situated just 1 mile from historic Hilo but feels like a time capsule of Old Hawaii. In a bygone era, this neighborhood was where the local affluent families built their homes. Hilo is the last place of the 4 larger islands still free of the pressure of rapid expansion and famous for its rainfall and lush jungle vegetation. The guest population is a resourceful and adventurous breed looking for a true retreat, an escape to solitude and natural beauty set in a town of socio and ethnic diversity with a strong scientific and cultural community. This estate located at the very end of the island's only road, is the most prestigious and privileged setting on the island.
  • Sold
  • 3
  • 3.5
  • 2002
    Year Built
  • 2,696 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Sold
  • Living Space: 2,696 Sq.Ft.
  • Lot Size: 2.25 Acres
  • MLS® ID: 668254
  • Type: Residential
  • Year Built: 2002
  • Water Frontage: ['River Front']
  • View Description: River


  • Total Bedrooms: 3
  • Total Bathrooms: 3.5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Concrete
  • Appliances: Dishwasher, Disposal, Microwave, Range, Oven, Refrigerator, Dryer, Washer
  • Other Interior Features: Bookcases

Exterior & Building

  • Utilities: Cable Available, Underground Utilities
  • Pool: Outdoor Pool
  • Lot Features: Cleared, Corner Lot, Cul-De-Sac, Wooded, Sloped
  • Sewer: Septic Tank
  • Security Features: Smoke Detector(s)


  • Sales Price: $2,400,000
  • Real Estate Tax: $13,594/yr
  • Zoning: RS-15


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