Punchbowl Homes under $300,000

**Discover Punchbowl: A Hidden Gem in Honolulu**

Nestled in the heart of Honolulu, Punchbowl is a vibrant neighborhood that beautifully blends rich history with modern living. Known for its stunning views and lush landscapes, Punchbowl is home to the iconic Punchbowl Crater, a dormant volcano that serves as a serene backdrop to this charming community. With its close proximity to downtown Honolulu, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, making it an ideal place for those who appreciate both convenience and tranquility.

For homebuyers seeking affordability in this picturesque locale, Punchbowl offers a range of properties under $300,000. These homes provide an excellent opportunity for first-time buyers or those looking to invest in the flourishing Oahu real estate market. While the price point may be lower, the value remains high, with many properties featuring unique architectural details and access to breathtaking views of the surrounding mountains and cityscape.

Living in Punchbowl means embracing a lifestyle enriched by community spirit and cultural heritage. The neighborhood is dotted with parks, local markets, and historical sites, including the National Memorial Cemetery of the Pacific, which honors the sacrifices of our veterans. Whether you're enjoying a leisurely stroll through the serene streets or savoring a meal at one of the local eateries, Punchbowl offers a unique blend of relaxation and excitement.

With its affordable housing options and captivating charm, Punchbowl is not just a place to live; it’s a community to thrive in. Explore the possibilities and find your dream home in this enchanting neighborhood today!

Newest Punchbowl Homes under $300,000

$265,000

1 Beds ⋅ 1 Baths ⋅ 202618523 MLS ⋅ FS - Fee Simple Tenure ⋅ Makiki West BLDG.

Rare find in town—ground-floor 1-bedroom, 1-bathroom unit with a lanai in a boutique building. This unit has one of the lowest maintenance fees in town for a 1 bedroom, while also being 100% hurricane insured. This building is located on a back street, with ample street parking, and is pet friendly. Laundry is on site and within feet of your doorstep, making for convenience and quality of life. Location is everything with this property being close to Ala Moana Shopping Center, medical centers, and restaurants. Not many units in town check all the boxes like this one. Don't pass up on this rare opportunity to own a home of your own in a prime location for one of the best prices you can find!

1036 Green Street Unit 105, Honolulu

Listing courtesy of Keller Williams Honolulu.

$105,000

2 Beds ⋅ 1 Baths ⋅ 202617533 MLS ⋅ LH - Leasehold Tenure ⋅ Victoria Towers BLDG.

Welcome home to this 2-bedroom, 1-bath condo in the heart of Honolulu! Enjoy the convenience of being minutes from Ala Moana, Downtown, Kakaako, hospitals, and H-1 freeway access. The enclosed lanai is a standout feature, offering extra living space along with plenty of room to relax and enjoy the Honolulu views. You'll also love the large built-in storage cabinets on both sides of the lanai, giving you tons of extra storage while keeping your living space clean and clutter-free. With its convenient location, city views, and plenty of built-in storage, this condo is a great place to call home.

1420 Victoria Street Unit 602, Honolulu

Listing courtesy of Coldwell Banker Realty.

1314 Victoria Street Unit 1003, Honolulu

$225,000

2 Beds ⋅ 2 Baths ⋅ 202617397 MLS ⋅ LH - Leasehold Tenure ⋅ Coronet BLDG.

NEW PRICE! Just Pack a Bag!..Fully Stocked..Move-In Ready 2 Bdrm, 2 Bath Large 1,007 Sq. Ft. PRIME Condo. Located within walking distance to STRAUB MEDICAL & HOSPITAL, QUEEN'S MEDICAL & HOSPITAL, Shops, Banks, Food Markets, Honolulu Business Offices & the City Bus Line. A short bike ride to Whole Foods, Ward Village Restaurants & Ala Moana Shopping Center and Beach Park. Why buy FURNITURE or Pack Boxes? This pristine Condo is entirely ready for you on Day One. Every detail is covered from a King and Queen Bed, an Office Nook including a Desk and Chair, Bedding and Linens to a fully loaded Kitchen with all Cookware, Dishes and Utensils. Included in the Living Room is a large Sofa, 2 side Chairs, Cabinet, Side tables and a 65" Samsung Smart TV. The Dining Room has a modern Dining Set. It features a Bright Open Floor Plan, with an in-unit Washer/Dryer, a large convenient Storage, steps from your Front Door & a Assigned 1-Car Parking. Your effortless Lifestyle starts here w/only 4-Large Units on each Floor. ACOUSTIC CEILINGS HAVE BEEN REMOVED......PET FRIENDLY BLDG. Very low Lease Rent of $35.22/mo. thru March 31, 2029.

1314 Victoria Street Unit 1003, Honolulu

Listing courtesy of K Realty, LLC.

$129,000

2 Beds ⋅ 1 Baths ⋅ 202616173 MLS ⋅ LH - Leasehold Tenure ⋅ Victoria Towers BLDG.

Centrally located in the heart of Honolulu. PET ALLOWED! Unit offers a practical floor plan, updated interiors and the convenience of a WASHER/DRYER inside the unit. The unit was renovated in 2019, including a new kitchen, updated bathroom, and new flooring, creating a clean and contemporary living environment that is ready for its next owner. Step outside to your spacious 156 sq. ft. balcony, offering valuable outdoor living space and a great spot to relax or enjoy the Honolulu surroundings. Close to Ala Moana Shopping Center, Downtown, Chinatown, Hospital, Post Office and public transportations. Easy freeway access! Maintenance fee is $770.89, Reserve Contribution is $765.05, Lease Rent is $610.32. INSURANCE SUMMARY IN SUPPLEMENTS.

1420 Victoria Street Unit 902, Honolulu

Listing courtesy of Realty Prime LLC.

$230,000

1 Baths ⋅ 202616035 MLS ⋅ FS - Fee Simple Tenure ⋅ Maunaihi Apts BLDG.

Welcome to smart, move-in-ready living at Maunaihi Apartments in Punchbowl. This freshly refreshed, fee-simple studio offers 346 square feet of efficient, light-filled space. Luxury vinyl flooring flows throughout, creating a clean, modern feel. The bathroom has been updated with a new vanity, reglazed tub, new toilet, new faucets,and a bright LED mirror, whilethe kitchen features a new sinkand faucet for a polished, updated look. An in-unit washer and dryer adds everyday convenience. Step outside to your private lanai, where pleasant city viewsand partial ocean views stretch toward sunset skies. Located moments from Downtown Honolulu, Ala Moana,and Ward Village,with convenient access to bus lines, this home is ideal for car-free living — no parking stall means lower costsand effortless city life. Tucked away in Punchbowl, close to hospitals, schools, grocery stores,and public transportation,this corner unit sits on a single level in a secure, low-rise building. The low monthly maintenance fee covers water, sewer,and trash, keeping ownership simple. Pet-friendly and move-in ready, this turn-key studiois a rare opportunity to own an updated Honolulu home at an attainable price.

1025 Maunaihi Place Unit 105, Honolulu

Listing courtesy of Hawaii Modern Realty.

$299,000

1 Baths ⋅ 202614429 MLS ⋅ FS - Fee Simple Tenure ⋅ Maunaihi Apts BLDG.

Welcome to Maunaihi Apts! Amazing opportunity for first time home buyers and investors! This renovated studio features great city, ocean, and Diamond Head views. Enjoy the spacious floor plan and the convenience of having your own washer/dryer in unit. Unit also features a window AC unit and 1 covered assigned parking stall. Maunaihi Apts is tucked away in a quiet Punchbowl neighborhood, minutes away from Downtown Honolulu, Ala Moana, and Ward Village. Building is pet friendly. Easy and convenient access to schools, hospitals, grocery stores and freeway access. Call to schedule your showing today!

1025 Maunaihi Place Unit 204, Honolulu

Listing courtesy of AMG Realty Inc.

$230,000

2 Beds ⋅ 2 Baths ⋅ 202613489 MLS ⋅ LH - Leasehold Tenure ⋅ Coronet BLDG.

Lowest-priced 2-bedroom, 2-bath opportunity in town! Welcome to The Coronet, a rarely available residence in the heart of Honolulu. This spacious home features 1,007 sq. ft. of interior living space plus a generous 109 sq. ft. lanai, elegant double-door entry, and expansive floor-to-ceiling windows that fill the home with natural light. Move-in ready, this residence offers a functional layout, in-unit washer and dryer, and a private storage unit conveniently located just outside the front door. Additional highlights include one assigned uncovered parking stall, secure building entry, an on-site resident manager, and only four units per floor for added privacy. Enjoy a prime central location with easy access to shopping, dining, medical facilities, bus lines, and freeway access. This leasehold property offers exceptional value with a very low lease rent of only $35.22 per month through March 31, 2029, with the lease expiring in 2044. An incredible value in urban Honolulu-must see to appreciate!

1314 Victoria Street Unit 803, Honolulu

Listing courtesy of Locations LLC.

$55,000

1 Baths ⋅ 202607673 MLS ⋅ LH - Leasehold Tenure ⋅ Makikilani Plaza BLDG.

3rd floor leasehold studio condo of 403 s.f. with 63 s.f. open lanai with city and small ocean views. One parking stall on same level as unit. Furnished with two single Murphy Beds and units comprised of book cases, shelving and some storage. Unit has a nice mirrored closet with shelves. Window a/c, stove, garbage disposal, washer/dryer, and bath has tub and shower. Building has two entrances, elevator, guest parking, resident manager on property and swimming pool. Parking is off Spencer Street behind the building. Unit is currently rented for $1550/month with lease expiring December 31, 2026. Property land lease expires July 31, 2029. Conveniently located near entrance to H-1 Freeway, market, restaurants, churches and schools.

1560 Thurston Avenue Unit 303, Honolulu

Listing courtesy of Avalon Realty LLC.

1456 Thurston Avenue Unit A801, Honolulu

$238,000

2 Beds ⋅ 1 Baths ⋅ 202608787 MLS ⋅ LH - Leasehold Tenure ⋅ Victoria Mansions BLDG.

Turnkey investment opportunity! High-demand 2-bed, 1-bath fully furnished condo near downtown. Rented monthly on Airbnb for over $4000/month for the past 3 years with strong positive cash flow. This bright, renovated condo is located in a quiet Makiki neighborhood, but only minutes from downtown. The unit includes an updated kitchen and bath, new floors, a balcony, an in-unit washer/dryer, and parking. Last leasehold unit in the building, with an option to convert to fee simple.

1456 Thurston Avenue Unit A801, Honolulu

Listing courtesy of OahuRE.com.

$59,900

1 Baths ⋅ 202608626 MLS ⋅ LH - Leasehold Tenure ⋅ Makikilani Plaza BLDG.

Vibrant city views with partial ocean and Diamond Head vistas. Enjoy sunsets from your 7th floor lanai. Assigned covered PARKING. Amenities include a sparkling pool, Recreation Area with BBQ area, and a Resident Manager. Quick freeway on/off ramps nearby, plus convenient access to shopping, schools, churches, medical center. All the attractions of world-famous Waikiki and downtown Honolulu are moments away. This well-maintained home reflects pride of ownership and includes freshly painted interior, IN-UNIT WASHER/DRYER, fold-up wall bed, multi-use nook. Leasehold, lease expires 7/31/2029.

1560 Thurston Avenue Unit 704, Honolulu

Listing courtesy of 20 Degrees North Real Estate.

$260,000

2 Beds ⋅ 1 Baths ⋅ 202521546 MLS ⋅ FS - Fee Simple Tenure ⋅ Crown Thurston BLDG.

Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

1069 Spencer Street Unit 101, Honolulu

Listing courtesy of eXp Realty.

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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.