Oahu Homes with Leasehold Land tenure

Welcome to Oahu, a tropical paradise that seamlessly blends stunning natural beauty with vibrant urban life. Known as the "Gathering Place," Oahu is the third-largest island in Hawaii and boasts a rich tapestry of culture, history, and breathtaking landscapes. From the iconic shores of Waikiki Beach to the lush greenery of the North Shore, Oahu offers diverse experiences for residents and visitors alike.

When considering a home in this idyllic setting, it's essential to understand the unique aspect of leasehold land tenure, which is prevalent in Oahu. Unlike freehold properties, where you own the land outright, leasehold properties allow you to lease the land from a landowner for a specified period—often up to 99 years. This arrangement can make homes more affordable, providing an excellent opportunity for first-time buyers or those looking to invest in the Hawaiian real estate market without breaking the bank.

Homes on leasehold land can be found in various neighborhoods, from bustling urban areas to serene coastal retreats. Many leasehold properties come with stunning ocean views, easy access to pristine beaches, and a vibrant community atmosphere. While leasehold ownership may come with specific considerations, such as lease renewal terms and monthly lease payments, it also offers a chance to immerse yourself in the unparalleled lifestyle that Oahu has to offer.

Whether you're dreaming of a cozy beachside cottage or a modern condo with panoramic views, Oahu's leasehold properties present an exciting opportunity to call this enchanting island home. Discover the charm of Oahu and embrace the island life you've always imagined!

Newest Oahu Homes with Leasehold Land tenure

$570,000

3 Beds ⋅ 2 Baths ⋅ 202615764 MLS ⋅ LH - Leasehold Tenure ⋅ 4 DOM

Hawaiian Home Lands in Princess Kahanu Estates.

87-406 Manaiakalani Place, Waianae

$50,000

2 Beds ⋅ 2 Baths ⋅ 202615775 MLS ⋅ LH - Leasehold Tenure ⋅ 1 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 ⋅ 1 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 ⋅ 1 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

$150,000

1 Beds ⋅ 1 Baths ⋅ 202615768 MLS ⋅ LH - Leasehold Tenure ⋅ 3 DOM ⋅ Royal Kuhio BLDG.

2240 Kuhio Avenue Unit 1014, Honolulu

$65,000

1 Beds ⋅ 1 Baths ⋅ 202615625 MLS ⋅ LH - Leasehold Tenure ⋅ 5 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 ⋅ 5 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 ⋅ 5 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 ⋅ 5 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

$298,000

1 Beds ⋅ 1 Baths ⋅ 202615455 MLS ⋅ LH - Leasehold Tenure ⋅ 6 DOM ⋅ 1448 Young St BLDG.

Experience the perfect blend of urban convenience and affordable city living in this beautifully efficient 1-bedroom, 1-bathroom leasehold condo located at 1448 Young St #804. Perched on the 8th floor, this 415-square-foot residence offers a smart, functional layout that maximizes every inch of space, making it an excellent opportunity for first-time buyers, urban professionals, or investors looking for a well-located property in Honolulu.Built in 1999, the secure building provides exceptional peace of mind with a secured parking garage, an on-site resident manager, a dedicated security guard, and ample guest parking—a highly coveted amenity in the metro area. The property features a remarkably stable leasehold structure, boasting a long-term ground lease with the City & County of Honolulu that runs through January 2064, with the lease rent set at just $1 per year until the 2029 renegotiation.

1448 Young Street Unit 804, Honolulu

$2,200

202615584 MLS ⋅ LH - Leasehold Tenure ⋅ 6 DOM ⋅ Na BLDG.

Rental space on the second floor of popular Chinatown location. Fabulous venue for photographers, artists, designers, etc. in the heart of Chinatown! Large open area, possible lobby area as well as separate room/office space. Includes access to common area restrooms (with electronic locks) and close to all! Unit has small shower (but no toilet). Commercial tenants pay rent of $2,200.00 PLUS water of $150.00 per month and GE tax. Landlord may allow build out by Tenant depending on lease terms and qualifications. Showings are by appointment only. Please call for more information. Full application with credit score and asset verification required.

184 N King Street, Honolulu

$549,000

3 Beds ⋅ 2 Baths ⋅ 202615452 MLS ⋅ LH - Leasehold Tenure ⋅ 6 DOM

Welcome to this beautifully updated 3-bedroom, 2-bath single -family home in the desirable princess Kahanu neighborhood. Ideally located just minutes from Kapolei and Ko Olina. This move-in-ready home features freshly painted interior and exterior surfaces, newly renovated bathrooms, luxury vinyl plank flooring throughout, and ceiling fans in every room. This is a leasehold property with the Department of Hawaiian Homelands. Buyer must be at least 50% Hawaiian and on the Hawaiian Homelands Waitlist (Preferred) Don't miss this opportunity to own a beautifully updated home in one of the West Oahu's most desirable communities.

87-183 Laiku Street, Waianae

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.