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About Punchbowl, Honolulu, Real Estate
Punchbowl, Honolulu, is a coveted neighborhood just minutes from the thriving downtown core of Honolulu, Oahu. The area is known as being divided into two sections: Lower Punchbowl and Upper Punchbowl.
Lower Punchbowl hugs the foothills of the volcano. Due to the relatively flat land, built up condominiums are the dominant residential buildings in this section of the neighborhood, though there are a few free-standing homes as well.
Upper Punchbowl is home to some of the wealthier families in Honolulu and was actually home to some of the first families to settle in the area. Many of the stately homes set into the slopes are quite old, having been built when those families first moved to the area. The high grounds of Upper Punchbowl provide striking, panoramic views of the city and the ocean horizon. Most of the houses in this area are worth over $1 million.
The median real estate costs in the Punchbowl neighborhood is approximately $514,500 with houses in the lower area ranging between $299,000 and $750,000 and the homes in Upper Punchbowl costing well over $1 million.
Several of the homes in this neighborhood were designed by the famous architect, Vladimir Ossipoff. Living in Punchbowl may be more costly than other areas of Oahu, but the price is well worth it.
Living In Punchbowl, Honolulu
The residents of the Punchbowl neighborhood are familiar with the many fantastic hiking trails and lookout points, being so close to the mountainous terrain. Tantalus Lookout-Puu Ualakaa State Park is within minutes from the community. This forested hiking trail provides hikers with sweeping views of Honolulu and Manoa Valley. The peak has a fantastic picnic area and also overlooks Diamond Head Volcano.
Another amazing natural landmark is Nu’uanu Pali Lookout. This historical landmark has been a staple in the community since the mid 1700s. The top of the trail features a beautiful lookout over the coastal cliffs and mountain peaks surrounding the path.
For more excellent outdoor excursions, the Ala Moana Beach Park is the place to be. One of Honolulu’s most beautiful areas, this stretch of white sandy beach is a popular hangout area for locals. Not a lot of tourists venture into this area, as they mostly explore the neighboring Waikiki Beach.
Downtown Honolulu is under ten minutes from the residents of Punchbowl. This allows locals to easily venture out into the thriving retail district that is the heart of Honolulu. Locals can explore the many incredible and unique dining establishments managed by fellow local Honolulu residents or browse the eclectic boutique shops.
The Ala Moana Center is within ten minutes of Punchbowl as well. This massive open-air shopping mall offers over 350 stores and restaurants. The four-floor shopping complex is the largest in the world and also has the largest collection of luxury retailers all in one fantastic mall. With dozens of major department stores, big box brand names, and unique Honolulu-exclusive shops to choose from, shoppers at Ala Moana Center are guaranteed to find exactly what they’re looking for and then some.