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 tranquility and accessibility, making it an ideal place for families, retirees, and anyone looking to enjoy the serene beauty of the Big Island.

Panaewa Houselots is known for its lush landscapes and vibrant community spirit. The area is characterized by its spacious lots, allowing residents to embrace the island lifestyle with ample outdoor space for gardening, play, and relaxation. With its close proximity to Hilo's downtown area, residents can enjoy a variety of local shops, farmers' markets, and dining options, all while being just a stone's throw away from the stunning beaches and lush rainforests that Hawaii is famous for.

Nature enthusiasts will appreciate the nearby attractions, including the enchanting Hawaii Volcanoes National Park and the breathtaking Akaka Falls State Park, both of which offer hiking trails and stunning views of the island's natural beauty. For those who enjoy cultural experiences, Hilo's rich history and vibrant arts scene are just minutes away, featuring local festivals, art galleries, and historical landmarks.

Panaewa Houselots also boasts a strong sense of community, with friendly neighbors and local events that foster connections among residents. Whether you're looking to build your dream home or simply enjoy the laid-back island lifestyle, Panaewa Houselots is the perfect place to call home. Discover the charm of this neighborhood and experience all that Hilo has to offer!

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.