Oahu Homes with Leasehold Land tenure

Oahu Homes with Leasehold Land tenure

Welcome to Oahu, the vibrant heart of Hawaii, where stunning landscapes meet a rich tapestry of culture and history. Known as "The Gathering Place," Oahu offers a unique blend of bustling city life and serene natural beauty. From the iconic shores of Waikiki to the lush trails of the Ko'olau Mountains, this island is a paradise for both outdoor enthusiasts and those seeking a laid-back lifestyle.

Oahu's real estate market is as diverse as its landscape. One notable option for potential homeowners is the availability of homes with leasehold land tenure. In Hawaii, leasehold properties are quite common, especially on Oahu, where land prices can be high. With a leasehold property, you own the home but lease the land it sits on, typically for a period of 30 to 99 years. This arrangement can make homeownership more accessible, allowing you to enjoy the island lifestyle without the hefty price tag of a fee-simple property.

Living on Oahu means immersing yourself in a vibrant community, where you can savor local cuisine, explore world-renowned beaches, and partake in cultural festivals throughout the year. Whether you're drawn to the lively atmosphere of Honolulu or the tranquil charm of the North Shore, Oahu has something for everyone.

If you're ready to find your slice of paradise on this enchanting island, consider exploring the leasehold options available. Embrace the opportunity to call Oahu home, where every day feels like a vacation and the spirit of Aloha welcomes you with open arms.

Newest Oahu Homes with Leasehold Land tenure

$65,000
202614451 MLS ⋅ LH - Leasehold Tenure
Turnkey opportunity to own a popular and growing dessert concept in Aiea—Frost City, located in the highly desirable Aiea Town Square. Known for its signature Taiwanese-style “snow ice” desserts, refreshing bubble teas, smoothies, and unique hot dessert offerings. Ideally positioned in a high-traffic retail center with excellent visibility and convenient access. The space features a clean, modern, and inviting dining area with ample seating, bright natural light from large storefront windows, and a welcoming ambiance that encourages dine-in customers and social engagement. The built-out kitchen is efficiently designed and equipped with specialized dessert equipment, prep stations, refrigeration, private restroom, and storage areas, allowing for seamless operations. A unique customer experience element—such as the in-store claw machine—adds to the brand’s fun, family-friendly appeal and repeat customer traffic. With established branding, proven concept, and strong operational setup, this is an excellent opportunity for an owner-operator or investor to step into a fully operational business with growth potential.

99-080 Kauhale Street Unit B-4, Aiea

Listing courtesy of Five Star Realty, Inc..

$150,000
2 Beds ⋅ 2 Baths ⋅ 202614285 MLS ⋅ LH - Leasehold Tenure ⋅ Kahala Beach BLDG.
This spacious, garden-view gem in prestigious Kahala is beautifully renovated and move-in ready! Featuring 2 bedrooms, 2 baths, 1 covered parking stall, an open floor plan, and an enclosed lanai, this home is just steps from a sandy beach, Kahala Mall, and the iconic Kahala Hotel. Enjoy direct beach access with a protective offshore reef, offering calm waters for swimming, snorkeling, diving, and paddleboarding. Experience the best of island living. Lease expires July 15, 2027.

4999 Kahala Avenue Unit 422, Honolulu

Listing courtesy of REMAX Hawaii.

$495,000
3 Beds ⋅ 3 Baths ⋅ 202614329 MLS ⋅ LH - Leasehold Tenure ⋅ Kahala Beach BLDG.
Experience luxury BEACHFRONT living in prestigious KAHALA! This stunning 3b/3b residence offers direct beach access w/a protective offshore reef, creating calm waters ideal for swimming, snorkeling, diving & paddleboarding. Enjoy unobstructed OCEAN & KOKO HEAD views from the spacious enclosed lanai. Highlights incl: HARDWOOD floors, soaring ceilings, custom cabinetry, central A/C, Sub-Zero & Bosch appliances, wine refrigerator, built-in bookshelves & speakers, Toto toilets, dual water heaters & Water Guard sensors. Rare opportunity to own this beachfront paradise! Lease expires July 15, 2027.

4999 Kahala Avenue Unit 472, Honolulu

Listing courtesy of REMAX Hawaii.

$120,000
202614311 MLS ⋅ LH - Leasehold Tenure
Turnkey restaurant opportunity located in the highly trafficked Pearlridge Mauka Food Court. The lease assignment offers an excellent opportunity for a well-seasoned food operator to establish a presence in one of Oahu's premier regional shopping centers. The space is fully improved for restaurant use and includes an existing commercial kitchen with an exhaust hood and grease trap. The sale includes the existing Furniture, Fixtures & Equipment (FF&E), providing a streamlined transition for the new tenant. Confidential sale do not disturb the employees, owner or customers. Lease assignment subject to Landlord approval.

98-129 Kaonohi Street, Aiea

Listing courtesy of Coldwell Banker Comm Realty.

$300,000
202614349 MLS ⋅ LH - Leasehold Tenure ⋅ Na BLDG.

880 Kamehameha Highway, Pearl City

Listing courtesy of JW REALTY.

$150,000
202614191 MLS ⋅ LH - Leasehold Tenure ⋅ Mccully Shopping Center BLDG.
Turnkey 807 SF izakaya restaurant available through Assignment of Lease. Prime restaurant location with lease through 2031. Fully built out with FF&E included. Kitchen equipped with grease trap, exhaust hood, grill, deep fryer, refrigerators, freezers, table and counter seating, men’s and women’s restrooms in-unit, and existing liquor license (subject to approvals). Ample customer parking; employee parking available for an additional fee. Tenant pays base rent plus CAM, water, advertising, % rent, grease trap, GET, and separately metered gas and electricity.

1960 Kapiolani Boulevard Unit 107, Honolulu

Listing courtesy of Nexus Estates LLC.

$260,000
1 Beds ⋅ 1 Baths ⋅ 202614033 MLS ⋅ LH - Leasehold Tenure ⋅ Waikiki Banyan BLDG.
Renovated Waikiki Banyan with a Nonconforming Use Certificate (NUC) for legal short-term rental use! This high-floor 1BR/1BA offers the perfect opportunity for a Waikiki getaway with the flexibility of vacation rental use. Thoughtfully updated with new kitchen cabinetry and appliances, new flooring, upgraded ceiling lighting, and refreshed finishes throughout-ready to enjoy from day one. Located on the cooler side of the building, the unit enjoys refreshing trade winds and a comfortable island atmosphere. Waikiki Banyan's newly upgraded amenity deck is now open, featuring a pool, hot tubs, recreation areas, and more. Just moments from world-famous Waikiki Beach, dining, shopping, and entertainment, this is your opportunity to own a refreshed piece of paradise in the heart of Waikiki. Leasehold property; Fee Simple interest is not currently available for purchase.

201 Ohua Avenue Unit 3403 T2 (NUC), Honolulu

Listing courtesy of Hawaii Modern Realty.

$100,200
3 Beds ⋅ 1 Baths ⋅ 202614112 MLS ⋅ LH - Leasehold Tenure
LEASEHOLD PROPERTY. 3-bedroom, 1 bath, 952 square foot single family residence on 3,720 square foot lot in Wai’anae. Home is in walking distance to Wai’anae Boat Harbor, public library, Wai’anae Mall, Planet Fitness, Puukamailenu hike and Pokai Bay Beach Park. This is a leasehold property with the lease expiring June 2030. 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. Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries.

85-153 Ala Walua Street Unit D, Waianae

Listing courtesy of REALHome Services & Solutions.

$600,000
202614090 MLS ⋅ LH - Leasehold Tenure
A 2 acre portion of LOT 47-A. Nicely located at the beginning part of the phase 2 of the project. Waiting to be developed by the right owner.

94-1100 Kunia Road Unit 47 - A, Waipahu

Listing courtesy of Investors 808 Realty.

$900,000
202613452 MLS ⋅ LH - Leasehold Tenure
A 3 Acre portion of LOT 71, internally labelled as A,B and C. Nice view of the city, mountain ranges Wahiawa to the Ewa Plains and much more.. Waiting for the right owner to improve this piece of land and turn it into something special. Buyer shall become a member of an LLC under Lot 71 with a corresponding membership interest.

94-1100 Kunia Road Unit 71, Waipahu

Listing courtesy of Investors 808 Realty.

$600,000
202614087 MLS ⋅ LH - Leasehold Tenure
A 2 acre portion of LOT 29 at Kunia Loa Ridge Farmlands. Very nice location with sweeping view of the city, Diamond Head and Ewa plains. Come and improve this piece of land here by putting your agricultural skills to work and turn into your haven. Buyer becomes a member of the LLC under Lot 29 with corresponding membership interest.

94-1100 Kunia Road Unit 0029, Waipahu

Listing courtesy of Investors 808 Realty.

$218,900
2 Beds ⋅ 4 Baths ⋅ 202608185 MLS ⋅ LH - Leasehold Tenure ⋅ Wailana At Waikiki BLDG.
Beautifully Renovated Condo! PRICED TO SELL! Long 44-year land lease through 11/30/2069. Enjoy gorgeous open panoramic 5th-floor views over Fort DeRussy, Diamond Head, and Hilton Hawaiian Village from the living room and primary bedroom! Spacious 2-bed/2-bath with 1,171 sq. ft. interior + 124 sq. ft. lanai (1,294 sq. ft. total). Central A/C. Brand-new upgrades include new kitchen cabinets, quartz countertops, stainless-steel appliances, microwave, dishwasher, disposal, renovated tile bathrooms, Toto toilet seats, washer/dryer, and travertine floors. Just a short walk to the swimming beach & lagoon at Hilton Hawaiian Village. Convenient new ABC Store on the ground level, plus restaurants galore. Walk or take a short bus ride to Ala Moana Beach Park and Ala Moana Shopping Center. Experience the best of Waikiki living every day! Includes one covered secured parking stall (Level 3), swimming pool, and large BBQ area. Condo is vacant and easy to show on short notice. Building allows 90-day-or-longer rentals and two pets. $1,848.12/mo (MFee + Reserves, internet, cable TV); Lease rent = $1,173.41/mo; RP Tax = $189.61/mo; Total = $3,211.14/mo. This condo won't last at this price!

1860 Ala Moana Boulevard Unit 501, Honolulu

Listing courtesy of Coldwell Banker Realty.

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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.