Punahou Homes under $600,000

Welcome to Punahou, a charming neighborhood nestled in the heart of Honolulu, Hawaii. Known for its lush landscapes and vibrant community, Punahou offers a unique blend of urban convenience and island tranquility. With its proximity to the bustling city center, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, all while being enveloped in the natural beauty that Hawaii is renowned for.

Punahou is not just about stunning views; it’s also home to some of the most reputable schools and educational institutions, making it an ideal location for families. The neighborhood is rich in culture and history, with beautiful parks and community spaces that invite outdoor activities and gatherings. Whether you’re strolling through the scenic streets or enjoying a weekend picnic at one of the local parks, Punahou embodies the spirit of Aloha.

For those looking to invest in this vibrant community, there are homes available under $600,000, offering a fantastic opportunity to own a piece of paradise. These properties provide an excellent starting point for first-time homebuyers or those seeking a cozy retreat in a sought-after area. With a range of styles and sizes, you can find a home that suits your lifestyle and budget while enjoying the benefits of living in one of Honolulu’s most desirable neighborhoods.

Come explore Punahou, where the warmth of the community meets the beauty of island living. Your dream home awaits!

Newest Punahou Homes under $600,000

1521 Alexander Street Unit 1401, Honolulu

$425,000

2 Beds ⋅ 2 Baths ⋅ 202618872 MLS ⋅ FS - Fee Simple Tenure ⋅ Punahou Chalet BLDG.

Elevated above one of Honolulu’s most desirable neighborhoods, Punahou Chalet #1401 presents an exceptional opportunity to enjoy convenient island living in the heart of town. This high-floor corner residence offers expansive outlooks and a desirable location just across from Punahou School. A generous covered lanai extends the living area outdoors, creating an inviting setting to relax and take in the surrounding city and mountain views. Residents enjoy an array of amenities including a swimming pool, whirlpool, sauna, fitness room, recreation area and BBQ facilities, along with secured parking. Ideally positioned near the University of Hawai'i, Kapiolani Medical Center, Waikiki, Ala Moana, Downtown Honolulu and major freeway access, Punahou Chalet offers the rare combination of location, convenience and elevated island living.

1521 Alexander Street Unit 1401, Honolulu

Listing courtesy of Coldwell Banker Island Prop.

1315 Kalakaua Avenue Unit 1604, Honolulu

$598,000

2 Beds ⋅ 2 Baths ⋅ 202618796 MLS ⋅ FS - Fee Simple Tenure ⋅ Holomua BLDG.

Welcome home to this bright, beautifully refreshed residence in the heart of Honolulu! Meticulously maintained, this inviting home features fresh interior paint and new premium luxury vinyl plank flooring throughout. An open kitchen and city views complement the space, while a new in-unit washer and dryer and new TOTO toilets add everyday comfort. New window A/C units are scheduled for installation. Enjoy the convenience of low maintenance fees, three elevators, and 10 guest parking stalls. A wonderful opportunity to own a move-in-ready home in a convenient central Honolulu location!

1315 Kalakaua Avenue Unit 1604, Honolulu

Listing courtesy of Lee International Properties.

1505 Alexander Street Unit 703, Honolulu

$439,000

2 Beds ⋅ 1 Baths ⋅ 202618336 MLS ⋅ FS - Fee Simple Tenure ⋅ Alexander BLDG.

Welcome to The Alexander, a boutique condo in the Punahou neighborhood. This fully renovated two bedroom, one bath condo is ideal for first time home buyers or investors. Renovated in 2024, the unit features vinyl plank flooring throughout, upgraded kitchen cabinetry and countertops, newer appliances and ceiling fans in every room. The unit comes with one assigned, covered parking stall located in the lower garage which is secured. The Alexander is conveniently located minutes from Punahou and Maryknoll School, the University of Hawaii, Kapiolani Medical Center and enjoy easy freeway access nearby. Building amenities include a roof top deck, outdoor BBQ grill and recreation room. Call to schedule your showing today!

1505 Alexander Street Unit 703, Honolulu

Listing courtesy of AMG Realty Inc.

$435,000

2 Beds ⋅ 1 Baths ⋅ 202617600 MLS ⋅ FS - Fee Simple Tenure ⋅ Tiare Apts BLDG.

1735 Dole Street Unit 210, Honolulu

Listing courtesy of Aloha Isle Properties Corp..

$350,000

1 Beds ⋅ 1 Baths ⋅ 202617905 MLS ⋅ FS - Fee Simple Tenure ⋅ Banyan Tree Plaza BLDG.

High-floor 1-bedroom, 1-bathroom residence at Banyan Tree Plaza offering over 500 square feet of interior living space, 1 parking stall, and ocean and Honolulu skyline views. The unit features window A/C and an in-unit washer/dryer, providing practical everyday convenience. A significant benefit for the next owner is that the building-wide repiping project has been completed, with the assessment fully paid by the sellers. Ideally located near Ala Moana Center, the University of Hawaii, surrounding schools, major highway access, and Kapiolani Medical Center, the property offers convenient access to shopping, dining, education, transportation, and medical services. Banyan Tree Plaza amenities include a swimming pool, BBQ area, newly refurbished recreation room, gated parking, multiple guest parking stalls, car wash area and 24-hour security. The unit is currently leased month-to-month and can be delivered vacant, offering flexibility.

1212 Punahou Street Unit 2607, Honolulu

Listing courtesy of Compass.

$568,000

2 Beds ⋅ 2 Baths ⋅ 202617217 MLS ⋅ FS - Fee Simple Tenure ⋅ Banyan Tree Plaza BLDG.

Enjoy sweeping Diamond Head views from this high-floor 32nd-floor residence at Banyan Tree Plaza listed below the tax assessment. This beautifully updated 2-bedroom, 2-bathroom unit features remodeled kitchen and bathrooms with quartz counter tops, stainless steel appliances, luxury vinyl plank flooring, and an enclosed lanai that provides additional living space to relax and take in the views. Banyan Tree Plaza offers the peace of mind of being 100% hurricane insured and features an impressive array of amenities, including a sparkling swimming pool, BBQ area, surfboard storage, secured parking, and abundant guest parking. Conveniently located near everything Honolulu has to offer, this move-in-ready home combines comfort, style, and convenience in one exceptional package.

1212 Punahou Street Unit 3205, Honolulu

Listing courtesy of Caron B Realty.

1315 Kalakaua Avenue Unit 1706, Honolulu

$570,000

2 Beds ⋅ 2 Baths ⋅ 202617782 MLS ⋅ FS - Fee Simple Tenure ⋅ Holomua BLDG.

Enjoy the city views from the spacious living room in this 2-bedroom 2-bathroom unit. This excellent conditioned unit features all 2026 appliances, new paint, and new carpet. Conveniently located in the Punahou neighborhood, it’s a short distance from restaurants, Waikiki, Ala Moana Center, downtown, and H-1. A perfect location for those desiring affordable housing in the heart of the city.

1315 Kalakaua Avenue Unit 1706, Honolulu

Listing courtesy of SC Realty, LLC.

$315,000

2 Beds ⋅ 1 Baths ⋅ 202617388 MLS ⋅ FS - Fee Simple Tenure ⋅ Jason Apts BLDG.

Enjoy the convenience of central Honolulu living! Comfortable and functional floor plan, a private lanai with city views, and the added convenience of a washer and dryer in the unit. Window A/C units to keep it cool. Ideally situated near Kapiolani Medical Center, Punahou School, Maryknoll School, UH Manoa, shopping, dining and freeway access. One assigned covered parking stall in the secured garage just as you enter, no need to go up or down a ramp. Secured fob/key entry and elevator access.

1415 Punahou Street Unit 906, Honolulu

Listing courtesy of Compass.

$375,000

2 Beds ⋅ 2 Baths ⋅ 202615751 MLS ⋅ FS - Fee Simple Tenure ⋅ Punahala Apts BLDG.

Welcome to Punahala Condominium, ideally located in the heart of Honolulu with great Diamond Head views. This 2-bedroom, 1.5-bath residence offers a functional floor plan and a wonderful opportunity to personalize and create your own comfortable island home. Enjoy the convenience of being close to Punahou School, University of Hawai'i at Manoa, Makiki Park, shopping, banks, supermarkets, and freeway access. With its prime central location and easy access to Honolulu’s schools, businesses, and everyday essentials, this property is a great opportunity for first-time home buyers, students, or investors looking for value and convenience in town.

1615 Wilder Avenue Unit 801, Honolulu

Listing courtesy of REMAX Hawaii.

$299,900

2 Beds ⋅ 1 Baths ⋅ 202616847 MLS ⋅ FS - Fee Simple Tenure ⋅ Jason Apts BLDG.

Prime Honolulu location with convenience at your doorstep! This 2-bedroom, 1-bath residence at Jason Apartments offers a comfortable and functional layout with city views from the private lanai. Conveniently located near Kapiolani Medical Center, Punahou School, Maryknoll, UH Manoa, shopping, dining and everyday conveniences, with easy access to H-1. Move in and enjoy the home as it is, or refresh the space over time and add your own personal touches. A spacious walk-in closet is equipped with washer/dryer hookups and offers additional possibilities, including potential space for an additional toilet; buyer to verify feasibility and applicable approvals. Enjoy one assigned covered parking stall within the secured parking garage, secured fob/key entry, elevator access and an on-site resident manager. A great opportunity to own in a centrally located Honolulu neighborhood and make this home your own. All photos enhanced.

1415 Punahou Street Unit 805, Honolulu

Listing courtesy of Mika Realty, LLC.

$305,000

1 Beds ⋅ 1 Baths ⋅ 202616458 MLS ⋅ FS - Fee Simple Tenure ⋅ Tiare Apts BLDG.

Conveniently located in the Punahou area with easy freeway access and close proximity to Punahou School, Maryknoll School, the University of Hawai’i at Manoa, shopping and dining. This second floor 1 bedroom, 1 bathroom home offers 572 square feet of interior living space, along with one assigned open parking stall. Recently renovated kitchen, bathroom and flooring with an approved enclosed lanai for added square footage. Enjoy views overlooking the community pool, landscaped garden and BBQ area, with city views adding to the setting. The building offers a designated storage unit and community laundry.

1735 Dole Street Unit 203, Honolulu

Listing courtesy of Coldwell Banker Realty.

$315,000

1 Beds ⋅ 1 Baths ⋅ 202616154 MLS ⋅ FS - Fee Simple Tenure ⋅ Punahou Sunset BLDG.

Enjoy convenient town living in this spacious and updated 1-bedroom, 1-bath residence at Punahou Sunset, complete with a gated, off-street covered parking stall. The enclosed lanai adds valuable interior living space and contributes to a comfortable, versatile floor plan. Interior features include an attractive kitchen with modern cabinetry and countertops, clean flooring throughout, smooth ceilings with no popcorn texture, newer appliances, and the convenience of a full-size washer and dryer in the unit. Punahou Sunset is a pet-friendly building ideally situated in central Honolulu near the University of Hawaii at Manoa, Punahou School, hospitals, shopping, dining, and other everyday conveniences, with easy access to major thoroughfares. A great opportunity to own a generously sized and updated 1-bedroom residence with secure parking in a highly convenient Honolulu location.

1617 Clark Street Unit 302, Honolulu

Listing courtesy of BLUE COVE PROPERTIES 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.