Panaewa Houselots Homes for Sale

Panaewa Houselots Homes for Sale

Welcome to Panaewa Houselots, a hidden gem nestled in the vibrant city of Hilo, Hawaii. This charming neighborhood is a perfect blend of natural beauty and community spirit, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle in paradise.

Panaewa Houselots is characterized by its lush surroundings, with the majestic Mauna Kea and the sparkling Pacific Ocean providing a stunning backdrop. The area is rich in tropical flora, creating a picturesque environment that invites outdoor activities and leisurely strolls. Residents enjoy close proximity to beautiful parks, where children can play, and families can gather for picnics or weekend barbecues. The neighborhood is also conveniently located near essential amenities, including grocery stores, schools, and healthcare facilities, ensuring that everything you need is just a short drive away.

For those looking to call Panaewa Houselots home, there are a variety of homes for sale that cater to different tastes and budgets. Whether you're searching for a cozy single-family residence or a spacious property with room to grow, this neighborhood offers diverse options. Many homes feature modern amenities and designs, while still embracing the island's unique charm. With the warm Hawaiian sun shining down, imagine sipping your morning coffee on a lanai, surrounded by the soothing sounds of nature.

Embrace the laid-back lifestyle of Panaewa Houselots, where community, comfort, and beauty come together. Discover your dream home in this enchanting neighborhood and start your new chapter in Hilo today!

Newest Panaewa Houselots Homes for Sale

$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.