Panaewa Houselots Homes for Sale

Panaewa Houselots Homes for Sale

Welcome to Panaewa Houselots, a charming neighborhood nestled in the heart of Hilo, Hawaii. This vibrant community offers a unique blend of serene island living and convenient access to the amenities of the city. Known for its lush landscapes and friendly atmosphere, Panaewa Houselots is an ideal location for families, retirees, and anyone seeking a peaceful retreat surrounded by nature.

The neighborhood is characterized by its spacious lots and beautifully designed homes, many of which boast stunning views of the surrounding mountains and tropical foliage. Whether you’re looking for a cozy single-family home or a larger property to accommodate your growing family, Panaewa Houselots has something for everyone. The homes for sale here reflect the charm of Hawaiian architecture, often featuring open floor plans, large windows that invite natural light, and outdoor spaces perfect for enjoying the island breeze.

Residents of Panaewa Houselots enjoy a tight-knit community vibe, with local parks and recreational areas just a stone’s throw away. Families can take advantage of nearby schools, while nature enthusiasts will appreciate the proximity to hiking trails and the breathtaking beauty of the Hawaiian landscape. Additionally, Hilo's vibrant downtown area, with its eclectic shops, restaurants, and cultural attractions, is just a short drive away.

With homes for sale in this desirable neighborhood, now is the perfect time to explore the possibilities of calling Panaewa Houselots your new home. Experience the laid-back lifestyle and the natural beauty that Hawaii has to offer—your dream home awaits!

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.