Sitting on prime lakeside real estate, this is Pucón's most sociable hostel. It's run by an enthusiastic Kiwi-Dutch partnership packing years of globetrotting experience from which to draw their traveler-centric ideas. There are various dorms and private options (converted vans, tree houses, cabins, Quonset-style huts, with top-quality bedding), an overload of design-detailed kitchens/bathrooms and up to two outlets per dorm bed.
A guest-only craft-beer pub, featuring a wonderful outdoor terrace built by German wandergeselle, offers cheaper pints than outside. What's not to love?