Maui Homes with Leasehold-FA Land tenure

Welcome to the enchanting island of Maui, a tropical paradise that beckons with its stunning landscapes, vibrant culture, and inviting communities. Nestled in the heart of Hawaii, Maui is renowned for its breathtaking beaches, lush valleys, and the majestic Haleakal? volcano. Among its charming towns, Lahaina stands out as a historical gem, once the capital of the Hawaiian Kingdom and a bustling whaling port. Today, Lahaina is a vibrant hub filled with art galleries, boutique shops, and exquisite dining options, all set against the backdrop of the sparkling Pacific Ocean.

For those considering a home in this idyllic setting, Lahaina offers a unique opportunity with homes featuring leasehold-FA land tenure. This means that while you can enjoy the beauty and lifestyle that Maui has to offer, the land on which your home sits is leased rather than owned outright. This arrangement can often provide more affordable entry points into the Lahaina real estate market, allowing you to invest in a piece of paradise without the hefty price tag of freehold properties.

Living in Lahaina means waking up to the sound of waves crashing on the shore, exploring the vibrant coral reefs, and experiencing the warmth of Hawaiian hospitality. Whether you’re looking for a cozy beachfront cottage or a luxurious condo with ocean views, the leasehold-FA options in Lahaina open the door to a lifestyle that many only dream of. Embrace the spirit of Aloha and make Lahaina your home in Maui, where every day feels like a vacation.

Newest Maui Homes with Leasehold-FA Land tenure

$229,950

1 Beds ⋅ 1 Baths ⋅ 408115 MLS ⋅ Leasehold-FA Tenure ⋅ Papakea Resort I Ii BLDG.

What's that sound...? Oh, you mean the deep blue pacific lapping at the seawall right off your front lanai? Yes that's the sound you will enjoy while sipping your favorite morning beverage in this spectacular ocean front condo at beautifully maintained Papakea resort. Pristine countertops in a spacious kitchen support the tranquil beauty of this 1 bedroom sweet spot. Moloka'i and its age-etched beauty is front and center, and you are far from any sounds of civilization, yet within walking distance to great food and shops of Kaanapali. The condo has recently benefited from renewed plumbing throughout the entire building courtesy of an association upgrade. All that's left to do is finish out the bathroom shower, and floor. This is a bank owned leasehold condo but the fee may be available to purchase! - ask your realtor for more details. Vacant and Easy to show. Zoned Apartment A-2.

3543 Lower Honoapiilani Rd Unit A107, Lahaina

Listing courtesy of Hawaii Life (MA).

$999,999

1 Beds ⋅ 1 Baths ⋅ 407646 MLS ⋅ Leasehold-FA Tenure ⋅ Napili Point I BLDG.

A Great Opportunity for New Ownership...Fabulous Direct Oceanfront Condo at Napili Point 1. Excellent location for this beautifully upgraded direct oceanfront condo, showcasing breathtaking panoramic ocean views and spectacular sunsets all year long! Enjoy world-class snorkeling, diving, and surfing right outside your front door--or simply relax on your private lanai while watching sea turtles and seasonal whales glide by. This fully-furnished, hotel-zoned one-bedroom, one bathroom unit is move-in ready; perfect as a vacation retreat or an investment property. Recent renovations include fresh paint, elegant wood plank tile flooring throughout (including the lanai) and a completely redesigned kitchen featuring quartz countertops, custom cabinetry, and Whirlpool stainless steel appliances. The bathroom offers a spacious walk-in shower, a quartz vanity with a glass vessel sink and updated mirrors. The bedroom provides a clean modern look with new furniture and artwork, upgraded closet doors and a new Whirlpool stackable washer/dryer for added convenience. An efficient split A/C system keeps the interior cool year-around, and electricity is included in the HOA fees. Napili Point 1 offers resort-style amenities including two oceanfront swimming pools, multiple BBQ areas, lush tropical landscaping, and complimentary parking and internet. Ideally positioned on the "Point", this desirable "B" unit sits mid-point--offering dramatic 180 degree ocean and sunset views, perfectly balanced between Honokeana Cove and Napili Bay. With a private beach access trail just steps away, you're only minutes away from the white sands of Napili Bay and the world-renowned Kapalua Resort--home to champion golf, tennis, fine dining, and scenic hiking trails. Enjoy the best of Napili Point 1--where the whales play, the turtles surface and Paradise is your front yard. Showings are easily arranged when the unit is unoccupied. The unit is professionally managed by Maui Paradise Properties. This unit is a Leasehold property., leasehold fee is available for purchase

5295 Lower Honoapiilani Road Rd Unit B-5, Lahaina

Listing courtesy of Maui Paradise Properties LLC.

$4,000

1 Beds ⋅ 1 Baths ⋅ 407293 MLS ⋅ Leasehold-FA Tenure ⋅ Papakea Resort I Ii BLDG.

Papakea Time Interval B309 features one bedroom and one bathroom and is located on the third floor at the beautiful Papakea. Enjoy all that Papakea has to offer from July 25, 2026 to August 15, 2026. These three weeks are leasehold. After closing, the buyer can work with the KKTIO Association to purchase the fee interest. PTIO B309 has a split a/c system that provides cooling of the entire condo. One of Maui's popular vacation spots, Papakea is well known for the many amenities that are available to owners and visitors that include two separate spacious pool areas with BBQs, two covered clubhouses that are available for entertaining your guests, two large jacuzzis, putting green, and on site security make this vacation destination a highly sought after place. Lush tropical landscaping and Koi fish ponds are trademarks of Papakea. Located just north of the famous Kaanapali Beach, Papakea is close to shopping, beaches, and restaurants. The annual maintenance fees offer ease of payment with a portion billed in January and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The lofts in timeshare Units B401, B404, F403 and K403, operated and managed by Kaanapali Keys Time Interest Owners’ Association (“TIOA”), may not be permitted or in compliance with current building codes; see "associated documents" for more information. Further investigation is pending by the TIOA and/or AOAO. The interior plumbing project began in June 2024 and the work for B309 was completed in 2024. Buyer to do own diligence and to request further information from the AOAO. The buyer(s) are aware that this condominium complex is in A1 or A2 zoning which may be affected by Maui County's future ordinance to discontinue the allowance of short term rentals. Buyer(s) should do their own due diligence on the future use of this property; Buyer(s) understand that there is no guarantee of future rental income. A short term rental is defined as a domicile rented out for less than 180 days.

3543 Lower Honoapiilani Rd Unit B309, Lahaina

Listing courtesy of Keller Williams Realty Maui-L.

$500,000

1 Beds ⋅ 1 Baths ⋅ 405770 MLS ⋅ Leasehold-FA Tenure ⋅ Papakea Resort I Ii BLDG.

Welcome to your Maui getaway. This rare, ground-floor, front-row leasehold condo at Papakea Resort offers the perfect blend of comfort, convenience, and spectacular views—making it ideal as a second home or a vacation rental investment. Enjoy year-round sunsets, seasonal whale watching, and stunning views of Molokai and Lanai right from your lanai, living room, or the spacious grassy area just steps from your door. Inside, the 1-bedroom, 1-bathroom condo has been fully renovated, including stylish tile flooring throughout, updated cabinetry, granite countertops, appliances, sliding glass door, tiled walk-in shower, in-unit washer/dryer, and AC. Papakea Resort is known for its lush, tropical grounds and resort-style amenities, including two pools, two hot tubs, shuffleboard courts, putting greens, koi ponds, and more. Sold turnkey and fully furnished, this unit is currently in a vacation rental program—offering flexibility for personal use, rental income, or both.

3543 Lower Honoapiilani Rd Unit L104, Lahaina

Listing courtesy of Maui Luxury Realty LLC.

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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.