Panaewa Heights Homes with Short Sale

Welcome to Panaewa Heights, a charming neighborhood nestled in the picturesque city of Hilo, Hawaii. Known for its lush landscapes and tranquil atmosphere, Panaewa Heights offers a unique blend of tropical beauty and community spirit. With its close proximity to the stunning Hamakua Coast and the majestic Mauna Kea, residents are treated to breathtaking views and an abundance of outdoor activities, from hiking and surfing to exploring local parks.

Panaewa Heights is characterized by its friendly community vibe, where neighbors know each other and enjoy the simple pleasures of island living. The area features a variety of homes, including single-family residences that reflect the traditional Hawaiian architectural style, offering a warm and inviting ambiance.

For those considering investment opportunities, Panaewa Heights currently has homes available through short sales, presenting a unique chance to acquire property in this desirable neighborhood at potentially lower prices. Short sales can often lead to great deals for buyers willing to navigate the process, making it an attractive option for both first-time homeowners and seasoned investors alike.

With its rich cultural heritage, vibrant community events, and access to some of the best natural beauty Hawaii has to offer, Panaewa Heights is more than just a place to live—it's a lifestyle. Whether you're looking to settle down or invest in a slice of paradise, this neighborhood promises a fulfilling and enriching experience. Explore the possibilities in Panaewa Heights today, and discover your dream home in this idyllic Hawaiian setting!

Newest Panaewa Heights Homes with Short Sale

$575,000

4 Beds ⋅ 3 Baths ⋅ 729636 MLS ⋅ ['Fee Simple'] Tenure

Welcome to 107 Opio Road in Hilo, Hawaii, a comfortable 4-bedroom, 3-bathroom home offering space, functionality, and a peaceful setting. This home features a practical layout with enough room for families, guests, or a home office, giving you flexibility for everyday living. The bedrooms are well-sized, and having three full bathrooms makes it convenient for a busy household. A two-car carport provides covered parking and additional storage space. The property is located in a quiet area where you can enjoy calm, relaxing evenings and the natural surroundings Hilo is known for. Just a short drive to Hilo town, you’ll have easy access to shopping, dining, schools, and local parks. This is a great opportunity for anyone looking for a solid home in a laid-back community on the Big Island.

107 Opio Rd, HILO

Listing courtesy of RE/MAX Honolulu - Kauai.

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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.