Kōen-Shimo Station (公園下駅, Kōen-Shimo-eki) is a funicular railway station on the Hakone Tozan Cable Car in the town of Hakone, Ashigarashimo District, Kanagawa Prefecture, Japan.

It is 0.24 rail kilometers from the Hakone Tozan Cable Car Line's terminus at Gōra Station.

On 1 April 2024, operations of the station came under the aegis of Odakyu Hakone resulting from restructuring of Odakyu Group operations in the Hakone area.

[1] Kōen-Shimo Station has two opposed side platforms serving a single track.

This Kanagawa Prefecture railroad station-related article is a stub.