Waikiki Homes with Leasehold Land tenure

Welcome to Waikiki, a vibrant and iconic neighborhood nestled in the heart of Honolulu, Oahu. Renowned for its stunning beaches, world-class dining, and rich cultural heritage, Waikiki is more than just a tourist destination; it’s a thriving community that offers a unique blend of island living and urban convenience.

Waikiki is famous for its golden sands and crystal-clear waters, making it a paradise for beach lovers and water sports enthusiasts alike. Whether you're surfing the legendary waves or simply soaking up the sun, there's always something to do in this bustling coastal enclave. The beach is flanked by a lively promenade, dotted with shops, restaurants, and entertainment options that cater to both locals and visitors.

When it comes to real estate, Waikiki offers a diverse range of housing options, including homes with leasehold land tenure. This means that while you can enjoy the benefits of living in this sought-after neighborhood, the land is leased rather than owned. Leasehold properties can provide an affordable entry point into the Waikiki market, allowing you to experience the vibrant lifestyle without the hefty price tag of freehold properties.

Living in Waikiki means embracing a lifestyle filled with outdoor adventures, cultural events, and culinary delights. From the annual Duke's OceanFest to the serene beauty of Diamond Head, there’s always something to explore. With its unique charm and lively atmosphere, Waikiki is not just a place to live; it’s a place to thrive. Come discover your slice of paradise in this enchanting neighborhood!

Newest Waikiki Homes with Leasehold Land tenure

$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

$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

$119,000

1 Beds ⋅ 1 Baths ⋅ 202615270 MLS ⋅ LH - Leasehold Tenure ⋅ 11 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

$89,900

1 Beds ⋅ 1 Baths ⋅ 202615396 MLS ⋅ LH - Leasehold Tenure ⋅ 8 DOM ⋅ Pavilion At Waikiki BLDG.

Welcome to Pavilion at Waikiki, ideally located at the gateway to Waikiki! This 1-bedroom, 1-bath residence on the 7th floor offers approximately 546 square feet of interior living area along with attractive city, mountain and tropical views from its large windows. The open living area is filled with natural light and features parquet-style wood flooring, while the kitchen offers a convenient breakfast bar and efficient layout. An in-unit washer and dryer adds everyday convenience. Unit 707 also includes an assigned covered parking stall. Residents of Pavilion at Waikiki enjoy access to rooftop amenities including a pool, BBQ area, sauna and recreation space, all within close proximity to Waikiki Beach, Ala Moana, shopping, dining, entertainment and public transportation. Purchasers may use any lender they chose to finance the purchase of property. However, the seller requires that all non-cash offers must be pre-qualified by NewRez Home Loan Division prior to offer acceptance. Please inquire for more information. This is a LEASEHOLD property with the current lease scheduled to expire in 2039. Buyers should independently verify all lease terms, and future renegotiation provisions.

1925 Kalakaua Avenue Unit 707, Honolulu

$278,000

1 Beds ⋅ 1 Baths ⋅ 202615333 MLS ⋅ LH - Leasehold Tenure ⋅ 10 DOM ⋅ Canterbury Pl BLDG.

Canterbury Place located between Ala Moana Shopping Center and the heart of Waikiki across from Hilton Hawaiian Village. This spacious, tastefully decorated turn key 1 bedrrom + office/den space unit, comes with 2 separate large lanai (total 350 sqft). Views of Diamond Head, Fort DeRussy, mountains and some ocean view. Please schedule private showing. Leasehold unit sold As-Is.

1910 Ala Moana Boulevard Unit 16D, Honolulu

$125,000

1 Beds ⋅ 1 Baths ⋅ 202615050 MLS ⋅ LH - Leasehold Tenure ⋅ 13 DOM ⋅ Hawaiian King BLDG.

Turn key STR! Start an instant revenue stream as soon as you close! This fully furnished condotel is a currently functioning as a vacation rental, and all upcoming bookings can be transferred to new owner (if you stay with the same PM team). Appx 85% current occupancy rate. Freshly remodeled, including new floors, kitchen and bathroom! Pool, BBQ and Laundry Room on site (first floor), lockboxes in lobby, vintage tavern and small store on first floor. Owner is actively renting property, so advance notice is required for showings. Please call to set up a time to view. CASH OFFERS CONSIDERED ONLY.

417 Nohonani Street Unit 503, Honolulu

$196,000

2 Beds ⋅ 2 Baths ⋅ 202615037 MLS ⋅ LH - Leasehold Tenure ⋅ 13 DOM ⋅ Wailana At Waikiki BLDG.

Rarely available CORNER-END UNIT in the Wailana at Waikiki. This spacious condo offers 1180 square feet living space with 2 bedrooms, 2 full baths, 124 sq ft balcony and one covered parking space. Fully furnished and move-in ready, includes central AC and a stack washer/dryer. Enjoy morning coffee or sunset cocktails overlooking amazing views of Diamond Head, multiple lush parks and jogging paths. There are (2) storage units included and located very close to the front door! Pet friendly (please verify) and amenities include Pool/BBQ/Lounge area, security guard and on-site resident manager. Convenience store and multiple shops on the 1st floor of building along with additional public parking space which is available for a fee. Close proximity to the beach, bus lines, Waikiki hotels, shops and restaurants. This is a LEASEHOLD property ($740 monthly LH fee).

1860 Ala Moana Boulevard Unit 910, Honolulu

$160,000

1 Beds ⋅ 1 Baths ⋅ 202615008 MLS ⋅ LH - Leasehold Tenure ⋅ 14 DOM ⋅ Royal Kuhio BLDG.

Wake up to island living in the heart of Waikiki! This rarely available "01" stack corner end unit at the iconic Royal Kuhio is one of only four larger floor plans per level. An extra window welcomes abundant natural light and an incredible cross breeze throughout the home. Enjoy city skyline and lush mountain views from your generously sized lanai, along with the rare convenience of an assigned covered parking stall and private storage right on the same floor plus first-floor storage for bikes and surfboards. It's a bright, versatile residence ready to enjoy as a primary home, island getaway, or investment property. Royal Kuhio features resort-style amenities on its 7th-floor recreation deck, including a pool, sauna, fitness center, BBQ areas, putting green, billiard room, and 24-hour security. Experience Waikiki living at its finest, just blocks from world-famous Waikiki Beach, the International Market Place, and the luxury shopping district along Kalakaua Avenue.

2240 Kuhio Avenue Unit 1501, 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.