Now listed under recently appraised value! Nestled along the banks of the historic Waiakea Stream in one of Hilo's most peaceful and established neighborhoods, this beautifully renovated property offers a rare combination of modern comfort, tropical beauty, and island tranquility. Set on a generous 12,454-square-foot parcel, the home enjoys a peaceful streamside setting along with incredible landscaping that immediately captivates the senses. Completely rebuilt and renovated in 2022, the permitted upper level is move-in ready and features three spacious bedrooms, one full bath, and a bright living area. The stylish kitchen showcases quartz countertops, stainless steel appliances and contemporary finishes that blend seamlessly with the home's modern island aesthetic. New windows, flooring, siding, and a new roof will provide years of low-maintenance ownership. The lower level offers a versatile and inviting unpermitted additional 192 square feet of living space with its own private entrance, kitchenette, second bathroom, covered parking area, outdoor shower, plus a 108 sq ft utility room. Whether used for extended family, guests, a hosted vacation rental, or long-term tenant accommodations, this flexible space presents excellent income-generating potential. The true highlight of this exceptional property is the lush botanical landscape that surrounds the home. Mature fruit trees and exotic tropical plantings create a private garden sanctuary. Harvest fresh ulu (breadfruit), jaboticaba, tangelo, Meyer lemon, Okinawan sweet potato, and an array of additional edible plantings throughout the year. Rainbow eucalyptus, bamboo palms, Rhapis palms, and rare variegated Monstera contribute to the property's rich tropical character.