Waikiki Homes with Leasehold Land tenure

Welcome to Waikiki, a vibrant gem nestled in the heart of Honolulu, Oahu. Known for its stunning beaches, lively atmosphere, and rich cultural heritage, Waikiki offers a unique blend of urban convenience and tropical paradise. With the iconic Diamond Head as a backdrop, this neighborhood is a haven for both residents and tourists alike, boasting world-class dining, shopping, and entertainment options just steps from your door.

One of the distinctive features of Waikiki is its array of homes with leasehold land tenure. This means that while you own the home itself, the land on which it sits is leased, often for a term of 30 to 99 years. This arrangement can provide a more affordable entry point into the housing market, especially in a desirable location like Waikiki. Leasehold properties often come with lower purchase prices compared to freehold options, making it an attractive choice for both investors and first-time buyers looking to enjoy the Waikiki lifestyle without breaking the bank.

Living in Waikiki means embracing a lifestyle filled with sunshine, surf, and a vibrant community. Residents enjoy easy access to the pristine sands of Waikiki Beach, where sunbathing, surfing, and beach volleyball are daily rituals. The neighborhood is also home to lush parks, art galleries, and cultural events, ensuring there’s always something to see and do.

Whether you’re drawn to the allure of the ocean, the excitement of city life, or the unique opportunity offered by leasehold homes, Waikiki is a place where dreams of island living can become a reality. Discover your perfect piece of paradise in this enchanting neighborhood!

Newest Waikiki 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

$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

$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

$105,000

1 Beds ⋅ 1 Baths ⋅ 202615644 MLS ⋅ LH - Leasehold Tenure ⋅ 7 DOM ⋅ Tradewinds Hotel Inc BLDG.

Quiet and well-maintained cooperative 1-bedroom unit on the 3rd floor of the Tradewinds Hotel. Close to shopping, dining, and commercial conveniences. Maintenance fee includes electricity, Lease Fee includes Property Tax.Suitable for investors or owner-occupants.

1720 Ala Moana Boulevard Unit 304A, Honolulu

$148,000

1 Beds ⋅ 1 Baths ⋅ 202615533 MLS ⋅ LH - Leasehold Tenure ⋅ 7 DOM ⋅ Kalia BLDG.

Welcome to this stunning one of a kind, highly upgraded turnkey, fully furnished 1/1,end unit leasehold, co-op, at Kalia! You will love the Tasteful, coastal inspired decor. Privacy with natural light and cool breezes. Two split AC units, LVT flooring, crown molding, remodeled bathroom recessed lighting with frosted door. Extended designer galley kitchen, granite countertops & backsplash, soft close cabinetry, undercabinet, lighting, stainless steel appliances & dishwasher. Bedroom frosted glass barn door, with a king size bed. Custom shades for added privacy. French doors lead to spacious lanai. Motorized storm/hurricane shutters concealed within ceiling for a clean appearance, corner unit for extra side view and breeze. City views towards the Hilton Hawaiian Village, and peekaboo Ocean view Heated, saltwater, pool, lush landscaping gated entry, security cameras, throughout. BBQ, new laundry facilities on the rooftop/sundeck. Food pantry, a bakery, USPS across the street Ala Moana shopping center, bus lines. Monthly operating fees $1,503.90 Maintenance Fee$726.24, Lease Rent ($634.00), Tax ($90.00) Cable/Internet ($54.00). Long lease with fixed lease rent increases through 2048.

425 Ena Road Unit 1108A, Honolulu

$119,000

1 Beds ⋅ 1 Baths ⋅ 202615270 MLS ⋅ LH - Leasehold Tenure ⋅ 13 DOM ⋅ Tradewinds Hotel Inc BLDG.

LOVELY APARTMENT IN WONDERFUL CLASSIC WAIKIKI LOCATION at Entrance to Waikiki. Corner apartment with views of the Ala Wai Boat Harbor and Ocean from one side, and the beautiful Ko'olau Mountains from the other! Beloved mid-rise building with Gardens full of Palm Trees, Monstera and Bird of Paradise plants. Breezes come down from the mountains to waft over and cool you. 3 World famous hotels are within a 5 minute walk from your door; Restaurants of all Nations are a few blocks more. You are 5 minutes from spectacular Ala Moana Shopping Center! There is a choice of Beaches that you can easily walk to and swim at, and two Lagoons to safely float in if you just feel lazy! Stroll around Magic Island and watch the Sailboats and Canoe Paddlers stream by. The Main Bus line goes right by the building and you can take a bus to some of the most interesting and entertaining places in Hawaii! You never have to at a loss to wonder what to do with your spare time! Sit in the Open Air lobby and read a book or chat with friends until ;you jump into the sale water Pool to work up an appetite -- then dry off and hit the BBQ grills to cook your dinner. A Charmed Life in a Magical Place.

1720 Ala Moana Boulevard Unit 608B, Honolulu

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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.