Ponahawai Homes with Other Frontage

Welcome to Ponahawai, a picturesque neighborhood nestled in the heart of Hilo, Hawaii County. This charming area is a hidden gem, offering residents a unique blend of natural beauty, vibrant culture, and a welcoming community. With its lush tropical landscapes and stunning views of Mauna Kea and the Pacific Ocean, Ponahawai is a paradise for those who appreciate the great outdoors.

One of the standout features of Ponahawai is its diverse range of homes, many of which come with other types of frontage, adding to the unique character of the neighborhood. Whether you're looking for a cozy cottage surrounded by lush gardens or a modern home with ocean views, Ponahawai has something to offer everyone. The architectural styles vary, reflecting the rich cultural heritage of Hawaii, and the homes are often designed to embrace the island's natural beauty.

Living in Ponahawai means enjoying a relaxed lifestyle with access to local amenities, including charming shops, delightful eateries, and vibrant farmers' markets. Residents can also take advantage of the nearby beaches and parks, perfect for outdoor activities like hiking, surfing, and swimming. The community is known for its friendly atmosphere, making it easy to connect with neighbors and participate in local events.

For families, Ponahawai is served by excellent schools and offers a safe environment for children to grow and thrive. With its stunning landscapes and strong sense of community, Ponahawai is more than just a place to live—it's a place to call home. Come discover the magic of Ponahawai and experience the best of island living!

Newest Ponahawai Homes with Other Frontage

$5,688,000

202613702 MLS ⋅ FS - Fee Simple Tenure

This exceptional property offers 24 fully renovated apartment units — twenty-one 2-bedroom and three 3-bedroom units — in the heart of Hilo. The building underwent a comprehensive $952,000 gut renovation in 2025, inside every unit, including new luxury vinyl plank flooring, new high-end cabinets, granite countertops, sinks and faucets, all new stainless steel refrigerators, stoves and range hoods, updated bathrooms with new vanities and lighting, new ceiling fans in all bedrooms and living rooms, and fresh interior paint throughout. The property is 100% leased with professional management in place and includes 28 on-site parking stalls. Located in downtown Hilo — the county seat and regional hub for UH Hilo, healthcare, and government employment — supporting deep, stable rental demand. A recent condo conversion at a comparable Hilo building validates an embedded condo-conversion exit as additional upside. This is a trophy, renovated asset in a submarket where fully stabilized investment properties are rarely available for sale and is truly "turnkey" for a buyer. 5.5% cap rate on stabilized income!

230 Kapiolani Street, Hilo

Listing courtesy of Standard Management LLC.

Start Your Search

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.