Oahu Homes with Leasehold Land tenure

Welcome to Oahu, the vibrant heart of Hawaii, where stunning landscapes and rich cultural heritage come together to create a paradise like no other. Known as "The Gathering Place," Oahu is home to the bustling city of Honolulu, the world-renowned Waikiki Beach, and the majestic Diamond Head crater. With its diverse neighborhoods, from the serene North Shore to the lively streets of Kailua, Oahu offers a unique blend of island charm and urban convenience.

One of the distinctive features of Oahu’s real estate market is the prevalence of homes with leasehold land tenure. Unlike fee simple properties, where you own both the home and the land it sits on, leasehold properties allow you to purchase the home while leasing the land from a landowner for a specified period, often ranging from 30 to 99 years. This arrangement can provide a more affordable entry point into the Oahu housing market, making it an attractive option for both first-time buyers and investors looking to enjoy the island lifestyle.

Living in a leasehold home on Oahu means you can immerse yourself in the island's natural beauty and vibrant community without the hefty price tag that often accompanies fee simple properties. Imagine waking up to the sound of waves crashing on the shore, enjoying breathtaking sunsets from your lanai, and experiencing the rich cultural tapestry of Oahu right at your doorstep. Whether you’re seeking a cozy beachside bungalow or a modern condo with ocean views, Oahu’s leasehold properties offer a unique opportunity to embrace the island life you’ve always dreamed of.

Newest Oahu Homes with Leasehold Land tenure

$119,000

1 Beds ⋅ 1 Baths ⋅ 202615270 MLS ⋅ LH - Leasehold Tenure ⋅ 4 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 ⋅ 1 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

$340,000

1 Beds ⋅ 1 Baths ⋅ 202615320 MLS ⋅ LH - Leasehold Tenure ⋅ 2 DOM ⋅ Nuuanu Brookside BLDG.

Welcome to Nuuanu Brookside, a residential community built in 1979 and situated on a cul-de-sac in Nuuanu. This renovated 1-bedroom, 1-bath residence offers coastline, ocean and mountain views, along with an enclosed lanai providing additional usable interior space. Improvements include new and newer appliances, new AC units, fresh interior paint and an updated bathroom. Professionally cleaned and ready for its new owner. Conveniently located with access to Downtown Honolulu, shopping, dining and freeway entrances. The building has undergone improvements over the past year, with additional capital improvement projects being planned.

55 S Judd Street Unit 2105, Honolulu

$299,000

2 Beds ⋅ 2 Baths ⋅ 202615346 MLS ⋅ LH - Leasehold Tenure ⋅ 2 DOM ⋅ Crosspointe BLDG.

Welcome Home Hawaii proudly presents this rarely available ground floor LEASEHOLD townhome in the desirable gated community of Crosspointe. Featuring 2 spacious primary suites with a newly renovated kitchen, all new shacker white cabinets, quartz countertops, upgraded appliances with luxury vinyl flooring throughout, new full size stackable washer/dryer complete with a nicely landscaped private yard to unwind and 2 assigned parking 1 covered, and 1 open lots of guest parking. Amenities to include a sparkling swimming pool, a sand volleyball area, recreation room for parties with BBQ grills, and an exercise room. Pet friendly community. Walking distance to the Arizona, Pearl Harbor, Target, Ice Palace, Flea market (swapmeet) the Oahu Skyline ....

645 Mananai Place Unit 23BD, Honolulu

$278,000

1 Beds ⋅ 1 Baths ⋅ 202615333 MLS ⋅ LH - Leasehold Tenure ⋅ 3 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 ⋅ 6 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 ⋅ 6 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 ⋅ 7 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

$152,400

4 Beds ⋅ 2 Baths ⋅ 202614926 MLS ⋅ LH - Leasehold Tenure ⋅ 7 DOM ⋅ Windward Estate BLDG.

LEASEHOLD -Spacious 4-bedroom, 2 bath, 1,744 square foot townhome in Windward Estates community. Townhome is in great location, walking distance to Windward Mall, Windward Community College, Kaneohe Bay Shopping Center and a short drive to He?eia State Park and the Ho’omaluhia Botanical Garden. This is a leasehold property with the current lease ending November 30th of 2037. Make it your own. Jump on this great deal before its gone! All buyers are responsible to confirm City, County, Zoning, Tax, and other records to their satisfaction before bidding. No inspection contingencies in contract. Absolutely no repairs before closing. This property is sold As-Is. This is a REO auction property.

46-78 Emepela Place Unit K104, Kaneohe

$2,354

202614922 MLS ⋅ LH - Leasehold Tenure ⋅ 7 DOM

Retail/Office space for lease in Kaneohe, along busy Kamehameha Hwy. The unit has split AC, customer parking in front of the unit, and common restrooms in the back of the building. CAM includes internet, common area maintenance, trash service, building insurance, etc. Tenant pays water, electricity, AC maintenance, and liability insurance separately. Base rent: $2.94/sf/mo. CAM: $1.40/sf/mo., all plus GE tax.

45-556 Kamehameha Highway Unit 2, Kaneohe

$175,000

2 Beds ⋅ 2 Baths ⋅ 202614860 MLS ⋅ LH - Leasehold Tenure ⋅ 10 DOM ⋅ 965 Prospect BLDG.

Freshly painted unit on the slopes of Punchbowl located close to Downtown Honolulu, medical centers, schools, and Ward Center. This unit offers an open layout, spacious kitchen, and private lanai overlooking sweeping city views. Amenities include swimming pool, BBQ area, and renovation deck. Secured entry with an on-site resident manager. Unit equipped with stack washer-dryer and brand new lanai carpeting. Bright breezy rooms designed to capture island Tradewinds.

965 Prospect Street Unit 403, Honolulu

$64,900

1 Beds ⋅ 1 Baths ⋅ 202614851 MLS ⋅ LH - Leasehold Tenure ⋅ 8 DOM ⋅ Emerson Plaza BLDG.

Ground floor 1-bedroom, 1-bath unit in Emerson Plaza located in the Punchbowl/Liliha area. Unit features approximately 540 sq ft of interior living space with an open lanai area. Assigned parking stall included. Building offers secured entry, resident manager, community laundry, and trash chute. Conveniently located near Downtown Honolulu, freeway access, hospitals, and shopping. Property is being sold in as-is condition.

1516 Emerson Street Unit 104, 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.