Honolulu Homes with Leasehold Land tenure

Welcome to Honolulu, the vibrant capital of Hawaii, nestled on the stunning island of Oahu. With its breathtaking beaches, rich cultural heritage, and a warm, welcoming community, Honolulu is a paradise that captures the hearts of residents and visitors alike. From the iconic Diamond Head crater to the bustling streets of Waikiki, this city offers an unparalleled lifestyle steeped in natural beauty and island charm.

Honolulu's real estate market is as diverse as its culture, with a unique offering of homes on leasehold land tenure. This type of property ownership allows homeowners to purchase a home while leasing the land it sits on, often at a more affordable price point compared to fee-simple properties. This arrangement can be an excellent option for those looking to invest in the Honolulu area without breaking the bank.

Living in a leasehold home in Honolulu means you can enjoy all the benefits of island life, from surfing the Pacific waves to indulging in local cuisine at vibrant farmer's markets. The city boasts a variety of neighborhoods, each with its own distinct character, whether you're drawn to the laid-back vibes of Kailua or the urban energy of downtown Honolulu.

Embrace the aloha spirit in this enchanting city, where every day feels like a vacation. Whether you’re seeking a cozy condo overlooking the ocean or a charming home in a serene community, Honolulu offers a plethora of options to suit your lifestyle. Discover your dream home in this tropical haven, and let the beauty of Hawaii become your everyday backdrop.

Newest Honolulu Homes with Leasehold Land tenure

$299,000

2 Beds ⋅ 2 Baths ⋅ 202615842 MLS ⋅ LH - Leasehold Tenure ⋅ 0 DOM ⋅ Crescent Park BLDG.

This is a leasehold sale for a corner unit on the 14th floor of a boutique Waikiki building with just 4 units per floor, offering Diamond Head, ocean, and sunrise views. The 2 bedroom, 2 bath layout includes 1 parking stall, 1,064 sq ft of interior living space, and an 124 sq ft lanai. The open kitchen and floor plan feature granite counters and marble and laminate flooring throughout. You're steps to the beach and directly across from Honolulu Zoo and the Waikiki Shell, with a pool, BBQ area, and guest parking on site. A rare combination of location and value in the heart of Waikiki

2575 Kuhio Avenue Unit 1404, Honolulu

$125,000

1 Baths ⋅ 202616015 MLS ⋅ LH - Leasehold Tenure ⋅ 1 DOM ⋅ Inn On The Park BLDG.

SHORT-TERM RENTAL READY!!! Enjoy beautiful ocean views from this well-maintained unit at INN ON THE PARK. Ideally located near Waikiki Beach, Ala Moana, dining, shopping & entertainment. Relax and take in the stunning views from your own home or investment property. A wonderful opportunity to own a piece of paradise in Waikiki!

1920 Ala Moana Boulevard Unit 2015, Honolulu

$120,000

1 Baths ⋅ 202615657 MLS ⋅ LH - Leasehold Tenure ⋅ 1 DOM ⋅ Inn On The Park BLDG.

SHORT-TERM RENTAL READY!!! Enjoy the panoramic ocean and Diamond Head views from this cozy studio. Ideally located near Waikiki Beach, Fort DeRussy, Ala Moana Center, restaurants, shopping, and entertainment. A wonderful opportunity to own a piece of Paradise in Waikiki!

1920 Ala Moana Boulevard Unit 1103, Honolulu

$180,000

2 Beds ⋅ 1 Baths ⋅ 202616018 MLS ⋅ LH - Leasehold Tenure ⋅ 0 DOM ⋅ Tradewinds Hotel Inc BLDG.

BACK ON THE MARKET AND FREE OF TENANTS!! Extensively updated in 2023 included an updated kitchen with stainless steel appliances and quarts countertops and new countertops, new flooring, new paint, newly painted doors, new hardware. The open-concept design makes the living area feel open and spacious. The lanai spans the width of the unit with dual access from either bedroom and has preinstalled storm shutters for protecting during storms. The bedrooms have floor to ceiling jalousie windows and lanai doors for optimum light and view of the greenery. The building offers community laundry on both buildings, bike storage, moped parking, and a salt water pool. The maintenance fees cover all of your basic utilities and property taxes. Parking is available for rent through for $175, waitlisted.

1720 Ala Moana Boulevard Unit 407A, Honolulu

$260,000

2 Beds ⋅ 2 Baths ⋅ 202615863 MLS ⋅ LH - Leasehold Tenure ⋅ 1 DOM ⋅ Ala Wai Mansion BLDG.

Welcome home to this spacious two-bedroom, two-bath residence offering comfortable island living with a long lease through 2050! The generous floor plan provides plenty of room to relax and entertain, while the expansive wrap-around lanai extends your living space outdoors—perfect for enjoying refreshing breezes and beautiful mountain and canal views. Inside, you'll appreciate the abundance of storage throughout, making it easy to keep everything organized while enjoying a roomy, open feel. Large windows bring in natural light and showcase the surrounding scenery, creating a peaceful retreat in the heart of Honolulu. With two full bathrooms, generous living areas, exceptional storage, and a long lease through 2050, this home offers an attractive opportunity for buyers looking for space, views, and value. Bring your personal touches and make this inviting residence your own!

2029 Ala Wai Boulevard Unit 803, Honolulu

$280,000

202615857 MLS ⋅ LH - Leasehold Tenure ⋅ 1 DOM

Great opportunity to take over a well established restaurant in an excellent location at Kapalama Shopping Center with lots of parking. Profitable business that provides great income through takeout, dine in and catering. Owner is willing to offer training. ONO Korean BBQ established in 2016. Many loyal customers. Turn-key, ready to turn over to the new owners. This business is good for E2 visa

1210 Dillingham Boulevard, Honolulu

$50,000

2 Beds ⋅ 2 Baths ⋅ 202615775 MLS ⋅ LH - Leasehold Tenure ⋅ 3 DOM ⋅ Kahala Beach BLDG.

Enjoy the beauty and serenity of Kahala Beach from this spacious 1,555 sq ft, 2-bedroom, 2-bathroom ground-floor condominium at Kahala Beach Apartments. Ideally located on Kahala Avenue, this fully furnished residence is just steps from the beach and conveniently close to Kahala Hotel, Kahala Mall, restaurants, shopping, and easy access to Honolulu. The generous floor plan features an enclosed lanai that expands the living space and offers a peaceful garden setting. The unit is fully furnished with comfortable Hawaiian-style décor and includes a king bed in the primary bedroom, two queen beds in the second bedroom, and two sofa beds, providing ample space for family and guests. Enjoy the convenience of ground-floor living with easy access to the pool and recreation areas, plus the ability to bypass the elevator. The property also includes one covered garage parking stall and storage. A unique opportunity to own in one of Honolulu’s desirable beachfront communities. The lease term ends July 2027, but you can rent from Kamehameha schools after providing additional time to enjoy or utilize the property. Maintenance fee includes all utilities. Lease rent paid til October 2026!

4999 Kahala Avenue Unit 148, Honolulu

$258,800

2 Beds ⋅ 2 Baths ⋅ 202615508 MLS ⋅ LH - Leasehold Tenure ⋅ 3 DOM ⋅ Wailana At Waikiki BLDG.

Rarely available, fully remodeled end-unit residence with breathtaking Diamond Head and Pacific Ocean views, ideally located directly across from Hilton Hawaiian Village and just steps from Waikiki Beach. This bright, open-concept home features a beautifully renovated kitchen with modern cabinetry, quality countertops, stainless steel appliances, updated bathrooms, stylish finishes throughout, new central A/C, an in-unit washer/dryer, and a covered deeded parking stall. The spacious lanai is the perfect place to relax while enjoying refreshing trade winds and panoramic ocean views. The Wailana offers secured entry, resident manager, swimming pool, and recreation area. Minutes from Ala Moana Beach Park, Ala Moana Center, Fort DeRussy, Ala Wai Yacht Harbor, world-class dining, shopping, and entertainment. Leasehold through 2069 (approximately 43 years remaining), offering exceptional value in one of Waikiki's most desirable locations. Beautifully updated, competitively priced, and easy to show.

1860 Ala Moana Boulevard Unit 1509, Honolulu

$430,000

2 Beds ⋅ 1 Baths ⋅ 202615773 MLS ⋅ LH - Leasehold Tenure ⋅ 3 DOM ⋅ 1448 Young St BLDG.

Updated (no original cabinets) and well maintained...ready to move in. End unit on the Makai /Ewa end of the bldg. Bulding has fire sprinklers. Bathroom has a window so no noisy vents. Good use of space NEW Refrigerator and Microwave Hood.

Honolulu

$170,000

1 Beds ⋅ 1 Baths ⋅ 202615768 MLS ⋅ LH - Leasehold Tenure ⋅ 5 DOM ⋅ Royal Kuhio BLDG.

2240 Kuhio Avenue Unit 1014, Honolulu

$65,000

1 Beds ⋅ 1 Baths ⋅ 202615625 MLS ⋅ LH - Leasehold Tenure ⋅ 7 DOM ⋅ Hawaiian King BLDG.

This is a leasehold property. Charming 1 bed/1 bath condo at the Hawaiian King in the heart of Waikiki, located between Kuhio Ave and Ala Wai Blvd, close to International Marketplace and numerous restaurants, bars, and eateries. 468 sq ft interior plus a 90 sq ft covered lanai on the 3rd floor. Kitchen includes full-size range, refrigerator, and microwave; window A/C unit. Community laundry on site. Building amenities include a pool with poolside seating, umbrellas, tiki torches, and BBQ area. No parking. Monthly fee of $838.80 plus $56.30 Spectrum bulk cable/internet and $102.00 special monthly reserve assessment, totaling $997.10. Sold as-is. Buyer to conduct due diligence on lease rent, property taxes, and rental zoning, and must apply for lease assignment with Queen Emma Land Co. upon acceptance of offer, with approval required prior to closing.

417 Nohonani Street Unit 311, Honolulu

$69,000

1 Beds ⋅ 1 Baths ⋅ 202615628 MLS ⋅ LH - Leasehold Tenure ⋅ 7 DOM ⋅ Hawaiian King BLDG.

This is a leasehold property. Charming 1 bed/1 bath condo at the Hawaiian King in the heart of Waikiki, located between Kuhio Ave and Ala Wai Blvd, close to International Marketplace and numerous restaurants, bars, and eateries. 468 sq ft interior plus a 90 sq ft covered lanai on the top floor, with views across Kuhio Ave. Kitchen includes full-size range, refrigerator, and microwave; window A/C unit. Community laundry on site. Building amenities include a pool with poolside seating, umbrellas, tiki torches, and BBQ area. No parking. Monthly fee of $838.80 plus $56.30 Spectrum bulk cable/internet and $102.00 special monthly reserve assessment, totaling $997.10. Sold as-is. Buyer to conduct due diligence on lease rent, property taxes, and rental zoning, and must apply for lease assignment with Queen Emma Land Co. upon acceptance of offer, with approval required prior to closing.

417 Nohonani Street Unit 513, Honolulu

Start Your Search

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.