Ponahawai Homes with Ocean View

Welcome to Ponahawai, a hidden gem nestled in the heart of Hilo, Hawaii. This charming neighborhood is not only rich in natural beauty but also offers a vibrant community atmosphere that makes it a perfect place to call home. With its lush landscapes, stunning ocean views, and proximity to local amenities, Ponahawai captures the essence of island living.

One of the most alluring features of Ponahawai is its breathtaking ocean views. Imagine waking up each morning to the gentle sound of waves lapping against the shore and the sight of the sun rising over the Pacific Ocean. Many homes in this neighborhood boast panoramic vistas that invite the beauty of nature right into your living space. Whether you’re sipping your morning coffee on the lanai or enjoying a sunset barbecue with friends, the ocean view adds a touch of magic to everyday life.

In addition to its stunning scenery, Ponahawai is conveniently located near Hilo’s rich cultural offerings, including local markets, art galleries, and delicious dining options. The neighborhood is also in close proximity to beautiful parks and recreational areas, perfect for outdoor enthusiasts. With easy access to pristine beaches and hiking trails, residents can enjoy the best of Hawaii's natural wonders right at their fingertips.

Ponahawai is not just a place to live; it’s a lifestyle. With its inviting community spirit, breathtaking ocean views, and proximity to Hilo’s vibrant culture, this neighborhood offers a unique blend of tranquility and adventure. Come explore Ponahawai and discover your dream home in paradise!

Newest Ponahawai Homes with Ocean View

$3,249,000

30 Beds ⋅ 15 Baths ⋅ 732420 MLS ⋅ ['Fee Simple'] Tenure

Fantastic Turnkey Multifamily INCOME Property in Hilo Opportunity Zone. An exceptional investment opportunity located near downtown Hilo. This professionally managed 15-unit apartment building features 15 onsite parking stalls and consists entirely of 2-bedroom, 1-bathroom units (approx. 660 sq. ft. each, totaling 9,900 sq. ft. of living area). Tenants enjoy ocean views from the second and third-floor walkways and a newly installed on-site laundry facility. The building has undergone extensive, high-quality capital improvements. All 15 units boast fully remodeled interiors with brand-new flooring, fresh paint, and completely updated bathrooms. The modernized kitchens include new cabinetry, quartz countertops, new refrigerators, stove hoods, and individual water heaters. Major structural and systemic upgrades provide immediate peace of mind for the new owner. All exterior walkways and stairways have been completely rebuilt. Crucial plumbing updates include a newly replaced main sewer line to the County road and new under-slab main floor sewer lines. Located in a highly desirable Opportunity Zone, this turnkey asset is perfectly positioned for a seamless transition. NDA required to review financials.

256 Kapiolani St, HILO

Listing courtesy of Sherrill A Erickson dba HALE 414.

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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.