The use of parametric and multi-objective optimization (MOO) as a new way of approaching architectural design has been growing in line with current breakthroughs in computational architecture. Wood, on the other hand, is a living and unique building material that provides durability, manufacturing flexibility, and local availability. One of the structure types that provides high structural stability is the hyperboloid. However, the exploration of hyperboloid structures in building design, together with the building daylight objective, is still limitedly reported. This paper presents the application of the parametric approach and multi-objective optimization in optimizing the structure and daylight objectives of a hyperboloid two-story wooden house in Japan, made of 105 mm × 105 mm × 4000 mm Japanese timber. The method involves iterating dynamic parameters such as radius bottom, offset distance, timber members, twisting level, building height, radius-top, and roof slope to optimize the structural objective of minimizing normal force average, displacement, and cost while simultaneously maximizing building volume. Regarding daylight objectives, unit movement and glazing ratio that control the glazing strategies were explored to optimize useful daylight illumination (UDI) in summer and winter. The optimization and exploration yielded 10,098 solutions in structural analysis and 406 solutions in daylight exploration. Based on the data analysis, the proposed methodology has successfully produced the best design solution, discovering the balance between the objective trade-offs. In addition, the most influential parameter that shapes the value of design objectives has been identified. The findings of this research were expected to contribute to and enhance the performance-based design optimization, and support design decision-making process in the early design stage of a wooden house with a hyperboloid structure.