Panaewa Houselots Real Estate

Panaewa Houselots Real Estate

Welcome to Panaewa Houselots, a hidden gem nestled in the heart of Hilo, Hawaii. This charming neighborhood offers a unique blend of lush tropical landscapes and a welcoming community spirit, making it an ideal place for families, retirees, and anyone seeking a slice of paradise.

Panaewa Houselots is renowned for its friendly atmosphere and diverse residents, creating a tight-knit community where neighbors become friends. The area is characterized by its spacious lots, allowing for ample outdoor living and gardening opportunities, perfect for those who enjoy the beauty of nature. The surrounding greenery is not just picturesque; it also provides a serene backdrop for daily life, with the sounds of chirping birds and rustling leaves creating a peaceful ambiance.

Conveniently located just a short drive from downtown Hilo, residents have easy access to a variety of amenities, including shopping, dining, and entertainment options. The nearby Hilo Farmers Market is a must-visit, featuring fresh local produce and handmade crafts that showcase the rich culture of the Big Island. For outdoor enthusiasts, Panaewa Houselots is in close proximity to beautiful parks, hiking trails, and stunning beaches, making it easy to embrace the island lifestyle.

Education is also a priority in this community, with several reputable schools nearby, ensuring that families have access to quality education for their children. Whether you're looking to build your dream home or simply enjoy the laid-back Hawaiian lifestyle, Panaewa Houselots offers a perfect blend of comfort, convenience, and community spirit. Come and discover why this enchanting neighborhood is the ideal place to call home!

Newest Listings in Panaewa Houselots

$1,349,000
6 Beds 4 Baths 725751 MLS ['Fee Simple'] Tenure
Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering nearly 3 acres of usable land with room for expansion, gardening, farming, recreation, or multi-generational living. This unique property features two existing homes with three assigned street addresses, providing flexibility for extended family living, rental income potential, guest accommodations, or home-based business use. Thoughtful improvements have been completed throughout the property following a recent pre-listing inspection, enhancing both dwellings and creating a refreshed, move-in-ready opportunity. The main residence features interior & exterior repainting, roof repainting, repaired termite damage, refreshed accent walls, updated fixtures, new GFCI outlets in kitchen & bath areas, screened openings, and numerous additional repairs that contribute to the home's clean and well-maintained appearance. The secondary dwelling has also benefited from substantial upgrades, including new vinyl flooring, interior & exterior paint, updated fixtures, a new water heater, new entry railing, patio improvements, wall repairs, and upgraded GFCI electrical safety features in the kitchen & bath areas. Conveniently located in the desirable Panaewa area, just minutes from Hilo town, shopping, schools, and parks, this property offers the privacy, flexibility, and open space that are increasingly difficult to find so close to town.

272 Lama St, HILO

Listing courtesy of Hara Chun Realty, LLC.

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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.