Lanai Homes under $2.5 million

Welcome to the enchanting island of Lanai, a hidden gem in the Hawaiian archipelago that promises tranquility and breathtaking natural beauty. Nestled in the heart of Maui County, Lanai is known for its pristine beaches, lush landscapes, and a rich cultural heritage that beckons visitors and potential homeowners alike. With a population that embraces the spirit of aloha, this island offers a unique blend of serenity and adventure, making it an ideal place to call home.

Lanai City, the charming heart of the island, is where you’ll find a delightful selection of homes under $2.5 million, perfect for those seeking a slice of paradise without breaking the bank. These properties often feature stunning views of the Pacific Ocean and the majestic mountains, providing an idyllic backdrop for everyday living. Imagine waking up to the gentle sound of waves and the scent of tropical flowers, all while enjoying the comforts of your own home.

The island's real estate market offers a variety of options, from cozy cottages to spacious family homes, each designed to capture the essence of island living. Residents can enjoy a vibrant community life, with access to local shops, restaurants, and recreational activities such as hiking, snorkeling, and golfing at the renowned Manele Golf Course.

Whether you’re looking for a vacation retreat or a permanent residence, Lanai City’s homes under $2.5 million present an incredible opportunity to invest in a lifestyle filled with beauty, adventure, and the warmth of Hawaiian culture. Embrace the island life and make Lanai your new home today!

Newest Lanai Homes under $2.5 million

$800,000

2 Beds ⋅ 2 Baths ⋅ 410692 MLS ⋅ Fee Simple Tenure

Large lot size is approximately 8,130 sqft. This home is near a school/skate park/dog park/other parks and walking distance to center of town. Property is in middle of a cul-de-sac with limited traffic flow. Original home has 2 bedrooms, 1 bathroom with open concept living/dining/kitchen area. Attached to the house is a studio with bathroom. Other positive features include a one car garage, one car carport, creative work/storage/work space(s) on the property. Property has a fence around most of it; fence could be expanded to provide for child(ren)/pet(s). Fruit trees & gardening potential in yard. Buyer's agents and Buyers to/must independently verify any information they deem material or important to their purchase or any offered price thereunder.

130 Olopua Pl, Lanai City

Listing courtesy of Help-U-Sell Honolulu Properties.

$675,000

3 Beds ⋅ 2 Baths ⋅ 410258 MLS ⋅ Fee Simple Tenure

This well-maintained home is a must see. Situated on a 3000 sq. foot lot which is easily maintained and surrounded with a cinder block wall for excellent privacy. The home consists of three bedrooms, two baths and is in wonderful shape inside and out. It is walking distance to town squares, great shops, restaurants and Lanai's new bowling alley. The home was built in 2008 and is tucked away on the north side of Gay Street. There is a great attached and covered car port for two cars and a storage, work shop area right behind it. This home would be a great first home for a growing family or a fun get-a-way and second home on the beautiful and peaceful Island of Lana'i. The home is vacant and easy to show, although we want to give the sellers a 24-hour notice if possible.

325 Gay St, Lanai City

Listing courtesy of Island Sotheby's International Realty(L).

$1,450,000

3 Beds ⋅ 3 Baths ⋅ 410171 MLS ⋅ Fee Simple Tenure

Welcome to The Jasmine Residence, a custom home in the heart of Lanai City designed by acclaimed architect David Lundquist. Ideally located in Lanai City and situated on a corner lot in a quiet neighborhood, the home was rebuilt in 2002 with 3 beds/3 baths, 1,690 SF of interior living space and 428 SF of covered outdoor living. Hand carved woodwork, thoughtfully placed skylights, warm bamboo flooring, a tranquil water feature, and natural materials throughout create a seamless connection between indoor and outdoor living. A covered front lanai is surrounded by lush tropical landscaping, while the spacious rear deck provides the perfect setting for evening entertaining. An outdoor shower and Japanese stainless steel soaking tub complete this private island retreat. Offered turnkey, the home includes a Kawai baby grand piano, a hand painted mural by John Wullbrandt, a custom hand painted “Jasmine Residence” china set created exclusively for the home, a Sub Zero refrigerator, wine refrigerator, new microwave, an entertainment system, and gorgeous furnishings. Thoughtfully refreshed with numerous recent improvements, the home is ready for you to simply arrive and begin living. County and public records do not reflect the home’s actual square footage. Sale excludes artwork and selected staging items.

1307 Jasmine Dr, Lanai City

Listing courtesy of Hawai'i Modern Realty.

$760,000

4 Beds ⋅ 2 Baths ⋅ 409805 MLS ⋅ Fee Simple Tenure

Rare opportunity to own a 4-bedroom, 2-bath single-family home on a large lot, over 10,000 sq. ft.—an uncommon find on Lana?i. This property offers comfortable living space along with a 2-car carport, dedicated storage area, and workshop space, providing plenty of room for hobbies, projects, and equipment. The expansive yard offers endless possibilities for gardening, outdoor entertaining, or future enhancements. Combining functional living areas, ample parking, and valuable outdoor space, this property is a unique opportunity to enjoy island living with room to grow. Purchase is contingent upon acceptance by the Bureau of Conveyances of documents regarding title within the next 3 months.

1346 Ha Pl, Lanai City

Listing courtesy of Okamoto Realty LLC.

$1,595,000

4 Beds ⋅ 3 Baths ⋅ 409530 MLS ⋅ Leasehold Tenure

Leasehold property under Department of Hawaiian Homes Lands. Buyer must qualify for Hawaiian Homes Land purchase. Discover refined island living in this stunning two-story residence situated on a spacious lot at the edge of town in desirable Lanai City. This high-end home offers 4 generously sized bedrooms and 3 well-appointed baths, thoughtfully designed for both comfort and functionality. Quality finishes are showcased throughout, creating a warm yet sophisticated atmosphere. Enjoy seamless indoor-outdoor living with ample space for entertaining or relaxing, complemented by a full 2-car garage for convenience. Ideally located near the youth center and skate park, this property blends privacy with accessibility to community amenities. Some Photos are virtually enhanced or virtually staged.

476 Kamoku Pl, Lanai City

Listing courtesy of Okamoto Realty LLC.

$748,000

3 Beds ⋅ 2 Baths ⋅ 409384 MLS ⋅ Fee Simple Tenure

Charming 3-bedroom, 2-bath single-family home located in the desirable Lalakoa III neighborhood of Lanai City. The home offers a comfortable and functional layout, with large living/dining area, perfect for everyday living. Enjoy a peaceful residential setting with a strong sense of community, while still being conveniently close to local shops, schools, and amenities. A great opportunity to own a home in Lanai City. Note: Living area is virtually staged.

1503 Pakali St, Lanai City

Listing courtesy of Okamoto Realty LLC.

$725,000

2 Beds ⋅ 1 Baths ⋅ 409283 MLS ⋅ Fee Simple Tenure

Remodeled main House and new built 'Ohana. Set back from Lanai Ave under a spectacular monkey pod tree these two dwellings total 3 bedrooms and 3 full baths. Front house 2 bedrooms, 1 bath. 'Ohana has 2 baths and 1 bdrm. This property offers ample off street parking for both main house and 'Ohana. Separate outdoor living spaces for each dwelling. Main house has NEW electrical & plumbing, premium vinyl flooring, vinyl clad windows, tiled bath, on demand hot water, appliances, washer/dryer, paint and roof. Built new in 2024, the O’hana offers many possibilities with 2 rooms, kitchen and 2 full baths with showers. Rent as 1 bedroom apt, Multi-generational family, or office + guest space. Can be split into two studios with serarate entrances. All permitted improvements. Currently O'hana long-term rented for $1,950/mo. Main house rent is $2,200/mo. Seller will provide previously approved plans for addition to main house for primary suite. This is a unique property close to Dole Park square, restaurants, shops, market just a few blocks away. Call your favorite realtor for a showing today.

1203 Lanai Ave, Lanai City

Listing courtesy of Hawaii Life (L).

$450,000

2 Beds ⋅ 1 Baths ⋅ 409173 MLS ⋅ Fee Simple Tenure

Located on the north side of town, this property is larger than most plantation style homes with many possibilities but will need creative financing or cash as the home is not livable. Value is in the land. This is a drive by, please do not walk the property. Call your favorite Realtor.

223 Gay Pl, Lanai City

Listing courtesy of Okamoto Realty LLC.

$790,000

4 Beds ⋅ 3 Baths ⋅ 408064 MLS ⋅ Fee Simple Tenure

Remodeled and well-maintained, this home sits in a prime location and offers over 1,700 sq. ft. of inviting interior space. Complimented by a generous wrap-around deck designed for outdoor enjoyment. Ideal for hosting, relaxing, and embracing the island lifestyle. The attached Ohana with its own private entrance adds even more versatility—use it for visiting family, a private office, or a great hobby space. Whether you’re dreaming of a great family home, quiet island living, a getaway home, or a solid rental investment, this Lanai property has endless potential. Solid documented rental history. Parking pad for three cars.

1320 Lanai Ave, Lanai City

Listing courtesy of Island Sotheby's International Realty(L).

$475,000

2 Beds ⋅ 2 Baths ⋅ 407399 MLS ⋅ Fee Simple Tenure

Discover the potential of this classic 2-bedroom, 2-bath plantation-style home, ideally situated in the heart of Lana'i City. Set on an expansive 6,003 sq ft lot, this property offers plenty of outdoor space, including mature noni and fig trees that add to the island appeal. Inside, you'll find a spacious layout that includes a large living room and a separate den area, providing flexibility for entertaining, working from home, or relaxing with 'ohana. The home retains its vintage charm while offering an opportunity for thoughtful updates or restoration. A covered carport provides convenient off-street parking, and the central location puts you close to shops, restaurants, schools and the town square - offering both charm and convenience in a close-knit community. Whether you're looking for a peaceful island residence, a weekend escape, or a property with solid potential, this Lana'i gem invites you to make it your own.

1122 Olapa St, Lanai City

Listing courtesy of Real Broker.

$1,295,000

3 Beds ⋅ 2 Baths ⋅ 406096 MLS ⋅ Fee Simple Tenure

Location, location, location......What we always hear in Real Estate. That slogan is so true for this property. Rare chance to own a property in this part of Lana'i. Lana'i City homes "up the hill" are very seldom available for purchase. This area of the town is truly up the hill from the town central. Home is located on a circular park area, where only 2 properties are privately owned and available for individual home owners. Lot is over 1/3 acre with room for expanding the existing home or for an additional home/cottage on the property. Don't miss out on this rare opportunity. Note: Some shots are virtually staged.

437 Hau Dr, Lanai City

Listing courtesy of Okamoto Realty LLC.

$565,000

3 Beds ⋅ 2 Baths ⋅ 406065 MLS ⋅ Fee Simple Tenure

Are you seeking life on an secluded island with an abundance of outdoor activities? Look no further. One block off Dole Square and close to all Lanai City has to offer. This classic plantation house has large kitchen open to living room. Primary bedroom has en-suite bathroom. Two other bedrooms nice and light. Utility room has washer/dryer and 2nd bathroom. Nice Garden space around home. Street to street allow for the garage. Sit on Front porch and watch the world go by! House needs some work and this price gives you the opportunity to fix it up as your own. Sold furnished too! Easy to show. Come explore what Lana'i has to offer. Seller financing possible to qualified buyer.

928 Lanai Ave, Lanai City

Listing courtesy of Hawaii Life (L).

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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.