Honolulu Homes with Leasehold Land tenure

**Discover the Allure of Honolulu: Your Dream Home Awaits!**

Welcome to Honolulu, the vibrant capital of Hawaii, where the sun kisses the shores, and the spirit of Aloha permeates every corner. Nestled on the beautiful island of Oahu, this bustling city is a harmonious blend of rich cultural heritage and modern conveniences. With its stunning beaches, lush landscapes, and a diverse culinary scene, Honolulu is not just a destination; it's a lifestyle.

Honolulu boasts a unique real estate landscape, particularly with homes that feature leasehold land tenure. This arrangement allows residents to enjoy the beauty and excitement of living in this tropical paradise while offering a more accessible entry point into the housing market. Leasehold properties provide the opportunity to own a home without the hefty price tag often associated with freehold properties. Many leasehold homes are strategically located near iconic landmarks such as Waikiki Beach, Diamond Head, and the bustling downtown area, making it easy to enjoy all that Honolulu has to offer.

Whether you’re looking for a cozy condo with ocean views or a spacious family home nestled in a serene neighborhood, Honolulu's leasehold market presents a range of options. Living in this city means embracing an outdoor lifestyle, with activities like surfing, hiking, and exploring local markets right at your doorstep.

Embrace the warmth of island living in Honolulu, where your dream home awaits amidst breathtaking scenery and a welcoming community. Let us help you navigate the leasehold market and find the perfect slice of paradise tailored to your needs!

Newest Honolulu Homes with Leasehold Land tenure

$119,000

1 Beds ⋅ 1 Baths ⋅ 202614470 MLS ⋅ LH - Leasehold Tenure ⋅ 0 DOM ⋅ Kalia BLDG.

Welcome to this beautifully remodeled, 1 bdrm 1 Bath Leasehold Coop at The Kalia! This home is a true blank canvas with clean, modern finishes throughout. Custom kitchen and bathroom, white soft-close cabinetry, quartz countertops, extended kitchen counters, abundant cabinetry, and a little breakfast nook or workstation. New LVT flooring and fresh interior paint. Beautiful tiled shower. Brand new white plantation shutters. Enclosed lanai. Peaceful treetop setting with lush green palm trees. This one truly has it all! Tropical lush grounds. Gated entrance, fob key access, security cameras, and on-site security. Close to the beach, restaurants, shopping, and bus lines. Open BBQ area. Rooftop community laundry. Open-air lobby, security patrol, Food Pantry grocery store, bakery, bus lines, restaurants and U.S. Post Office across the street. Monthly operating expenses total $1,503.94 and include Maintenance Fee ($726.24), Lease Rent ($634.00), Property Tax ($90.00), and Cable/Internet ($54.00). Long lease with fixed lease rent increases through 2048. Parking is available for owner occupants by waitlist (approximately $130-$140 per month).

425 Ena Road Unit 607C, Honolulu

$119,000

1 Beds ⋅ 1 Baths ⋅ 202614582 MLS ⋅ LH - Leasehold Tenure ⋅ 1 DOM ⋅ Tradewinds Hotel Inc BLDG.

Tradewinds Hotel - located on likely the loveliest Site at the ENTRANCE to WAIKIKI. Newly renovated Exceptionally Lovely apartment with bright beautiful aspect and wonderful view. Set among Bird of Paradise and Monstera bushes and many, many swaying palm trees, in an unbeatable location. Walking distance to an amazing array of beaches, hotels, restaurants, stores and more. The renowned Ala Moana Shopping Center is 2 blocks away. The Hawaii Prince Hotel, Ilikai Hotel, and the Hilton Hawaiian Village Hotel are all your very close neighbors. Walk to the Ala Wai Marina and Hawaii Yacht Club to sight see the colorful boats from all over the world. Waikiki Yacht Club is 2 blocks away. Stroll to the Ala Wai Canal to watch paddlers practice to compete in Outrigger Canoe races. Want to swim in the Ocean? You can stroll in seven minutes to Ala Moana Beach Park, Magic Island or Waikiki Beach in front of the Hilton. Timid of the Ocean? There is a protected lagoon at Magic Island and another at Hilton Hotel as well... Or just swim on-site at Tradewinds in the salt water pool, then BBQ your dinner next to the open-air lobby and eat there! Come and Live here and Enjoy Paradise!

1720 Ala Moana Boulevard Unit 706A, Honolulu

$150,000

2 Beds ⋅ 2 Baths ⋅ 202614285 MLS ⋅ LH - Leasehold Tenure ⋅ 3 DOM ⋅ Kahala Beach BLDG.

This spacious, garden-view gem in prestigious Kahala is beautifully renovated and move-in ready! Featuring 2 bedrooms, 2 baths, 1 covered parking stall, an open floor plan, and an enclosed lanai, this home is just steps from a sandy beach, Kahala Mall, and the iconic Kahala Hotel. Enjoy direct beach access with a protective offshore reef, offering calm waters for swimming, snorkeling, diving, and paddleboarding. Experience the best of island living. Lease expires July 15, 2027.

4999 Kahala Avenue Unit 422, Honolulu

$495,000

3 Beds ⋅ 3 Baths ⋅ 202614329 MLS ⋅ LH - Leasehold Tenure ⋅ 3 DOM ⋅ Kahala Beach BLDG.

Experience luxury BEACHFRONT living in prestigious KAHALA! This stunning 3b/3b residence offers direct beach access w/a protective offshore reef, creating calm waters ideal for swimming, snorkeling, diving & paddleboarding. Enjoy unobstructed OCEAN & KOKO HEAD views from the spacious enclosed lanai. Highlights incl: HARDWOOD floors, soaring ceilings, custom cabinetry, central A/C, Sub-Zero & Bosch appliances, wine refrigerator, built-in bookshelves & speakers, Toto toilets, dual water heaters & Water Guard sensors. Rare opportunity to own this beachfront paradise! Lease expires July 15, 2027.

4999 Kahala Avenue Unit 472, Honolulu

$150,000

202614191 MLS ⋅ LH - Leasehold Tenure ⋅ 7 DOM ⋅ Mccully Shopping Center BLDG.

Turnkey 807 SF izakaya restaurant available through Assignment of Lease. Prime restaurant location with lease through 2031. Fully built out with FF&E included. Kitchen equipped with grease trap, exhaust hood, grill, deep fryer, refrigerators, freezers, table and counter seating, men’s and women’s restrooms in-unit, and existing liquor license (subject to approvals). Ample customer parking; employee parking available for an additional fee. Tenant pays base rent plus CAM, water, advertising, % rent, grease trap, GET, and separately metered gas and electricity.

1960 Kapiolani Boulevard Unit 107, Honolulu

$260,000

1 Beds ⋅ 1 Baths ⋅ 202614033 MLS ⋅ LH - Leasehold Tenure ⋅ 8 DOM ⋅ Waikiki Banyan BLDG.

Renovated Waikiki Banyan with a Nonconforming Use Certificate (NUC) for legal short-term rental use! This high-floor 1BR/1BA offers the perfect opportunity for a Waikiki getaway with the flexibility of vacation rental use. Thoughtfully updated with new kitchen cabinetry and appliances, new flooring, upgraded ceiling lighting, and refreshed finishes throughout-ready to enjoy from day one. Located on the cooler side of the building, the unit enjoys refreshing trade winds and a comfortable island atmosphere. Waikiki Banyan's newly upgraded amenity deck is now open, featuring a pool, hot tubs, recreation areas, and more. Just moments from world-famous Waikiki Beach, dining, shopping, and entertainment, this is your opportunity to own a refreshed piece of paradise in the heart of Waikiki. Leasehold property; Fee Simple interest is not currently available for purchase.

201 Ohua Avenue Unit 3403 T2 (NUC), Honolulu

$218,900

2 Beds ⋅ 4 Baths ⋅ 202608185 MLS ⋅ LH - Leasehold Tenure ⋅ 9 DOM ⋅ Wailana At Waikiki BLDG.

Beautifully Renovated Condo! PRICED TO SELL! Long 44-year land lease through 11/30/2069. Enjoy gorgeous open panoramic 5th-floor views over Fort DeRussy, Diamond Head, and Hilton Hawaiian Village from the living room and primary bedroom! Spacious 2-bed/2-bath with 1,171 sq. ft. interior + 124 sq. ft. lanai (1,294 sq. ft. total). Central A/C. Brand-new upgrades include new kitchen cabinets, quartz countertops, stainless-steel appliances, microwave, dishwasher, disposal, renovated tile bathrooms, Toto toilet seats, washer/dryer, and travertine floors. Just a short walk to the swimming beach & lagoon at Hilton Hawaiian Village. Convenient new ABC Store on the ground level, plus restaurants galore. Walk or take a short bus ride to Ala Moana Beach Park and Ala Moana Shopping Center. Experience the best of Waikiki living every day! Includes one covered secured parking stall (Level 3), swimming pool, and large BBQ area. Condo is vacant and easy to show on short notice. Building allows 90-day-or-longer rentals and two pets. $1,848.12/mo (MFee + Reserves, internet, cable TV); Lease rent = $1,173.41/mo; RP Tax = $189.61/mo; Total = $3,211.14/mo. This condo won't last at this price!

1860 Ala Moana Boulevard Unit 501, Honolulu

$230,000

2 Beds ⋅ 2 Baths ⋅ 202613489 MLS ⋅ LH - Leasehold Tenure ⋅ 10 DOM ⋅ Coronet BLDG.

Lowest-priced 2-bedroom, 2-bath opportunity in town! Welcome to The Coronet, a rarely available residence in the heart of Honolulu. This spacious home features 1,007 sq. ft. of interior living space plus a generous 109 sq. ft. lanai, elegant double-door entry, and expansive floor-to-ceiling windows that fill the home with natural light. Move-in ready, this residence offers a functional layout, in-unit washer and dryer, and a private storage unit conveniently located just outside the front door. Additional highlights include one assigned uncovered parking stall, secure building entry, an on-site resident manager, and only four units per floor for added privacy. Enjoy a prime central location with easy access to shopping, dining, medical facilities, bus lines, and freeway access. This leasehold property offers exceptional value with a very low lease rent of only $35.22 per month through March 31, 2029, with the lease expiring in 2044. An incredible value in urban Honolulu-must see to appreciate!

1314 Victoria Street Unit 803, Honolulu

$65,000

1 Beds ⋅ 1 Baths ⋅ 202613964 MLS ⋅ LH - Leasehold Tenure ⋅ 10 DOM ⋅ Kaioo Terrace BLDG.

Hawaii living at it's finest! This rarely available ground floor, one bedroom condo has everything you'll need for a property in Waikiki. Located near restaurants, the beach, stores, and Alamoana shopping center. This income producing property is move in ready! The property was entirely redone in 2021. New Bathroom, new kitchen, new appliances, new flooring, new paint, new AC. Parking in Waikiki can be a challenge, but not for this property, a parking stall is included and parking is first come first serve. Amenities include a secured entry, pool/jacuzzi, and a resident manager. Association and Maintenance fees include gas, electric, and trash. Don't wait! Inquire today!

1867 Kaioo Drive Unit 110, Honolulu

$385,000

2 Beds ⋅ 2 Baths ⋅ 202613632 MLS ⋅ LH - Leasehold Tenure ⋅ 13 DOM ⋅ Marco Polo Apts BLDG.

Welcome home to this spacious, well-maintained 2-bedroom, 2-bathroom residence offering over 1,000 square feet of interior living space and over 100 square feet of outdoor living space in the highly desirable Marco Polo building. Recently updated with new appliances, automatic window blinds, freshly painted, new luxury vinyl flooring, new faucets, and new window A/C units, this move-in-ready home combines comfort and convenience. Enjoy sweeping views of the Ala Wai Canal, Waikiki skyline, and breathtaking sunset vistas from your expansive lanai. The Marco Polo offers ample guest parking, making it easy to welcome family and friends. Its extensive list of amenities includes a large swimming pool, sauna, tennis courts, basketball and pickleball courts, golf driving nets, BBQ areas, a car wash station, bicycle and surfboard storage, a convenience store in the lobby, 24-hour security. This unit also includes two secured storage lockers. Please note: Any offers received contingent upon buyer’s acknowledgment and acceptance of the parking stall dispute or its resolution prior to closing. Monthly Tax Amount is based on 2025 Tax Assessed Values. Professional photos coming soon.

2333 Kapiolani Boulevard Unit 814, Honolulu

$275,000

2 Beds ⋅ 1 Baths ⋅ 202613758 MLS ⋅ LH - Leasehold Tenure ⋅ 14 DOM ⋅ Royal Aloha BLDG.

CANCELED: Broker Open scheduled for today (9:30AM) is canceled, due to last minute AIRBNB booking. Incredible opportunity to own a rare, legal short-term vacation rental or the ultimate urban beach pad in the heart of Oahu. Located at the vibrant gateway of Waikiki, this turnkey, fully furnished 2BR/1BA condo at the iconic Royal Aloha is famed for its stunning ocean-facing Wyland whale mural. Investors will love this high-performing income property, optimized to sleep 4 to 6 guests with a fully equipped kitchen, cool AC, and a private lanai with mountain and city views. Perfect as a hands-off rental or a personal island getaway that pays for itself. Calling all locals! If you work in town or Waikiki, ditch the brutal daily commute and live where you play. This highly walkable location means you can skip the car hassle entirely. You are just steps from world-famous surf, scenic Ala Wai strolls, premier dining, luxury shopping, and major transit routes. Secure building, move-in ready, and unbeatable convenience. Surf in the morning, walk to work, and enjoy the true Waikiki lifestyle! Maintenance fee includes; electricity, AC central, water, and sewer. Leasehold expire 2041.

1909 Ala Wai Boulevard Unit 807, Honolulu

$98,000

1 Baths ⋅ 202613225 MLS ⋅ LH - Leasehold Tenure ⋅ 14 DOM ⋅ Inn On The Park BLDG.

An excellent opportunity to own a legal short-term vacation rental in a prime Waikiki location. Situated directly across from Ft. DeRussy Park, the unit offers accessible and vibrant city living - a short distance to Waikiki Beach, the Hilton Hawaiian Village, Ala Moana Shopping Center, and various restaurants. The unit is conveniently located near the elevator and features a charming lanai with neighborhood views. The building itself provides secure access and several amenities, including a pool and community laundry, and enjoy the use of the barbecue and recreation areas. Must see!

1920 Ala Moana Boulevard Unit 802, 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.