Ala Moana Homes with Leasehold Land tenure

Welcome to Ala Moana, a vibrant neighborhood located in the heart of Honolulu, Hawaii. Known for its stunning beaches, lush landscapes, and a lively atmosphere, Ala Moana offers a unique blend of urban conveniences and island charm. Whether you're a local or a visitor, this neighborhood is a true gem, boasting one of the largest open-air shopping malls in the world, Ala Moana Center, where you can find everything from high-end boutiques to local eateries.

Ala Moana is not just about shopping; it’s also a place where nature thrives. The picturesque Ala Moana Beach Park is perfect for sunbathing, picnicking, or enjoying a leisurely stroll along the shoreline. With its calm waters and scenic views of Diamond Head, it's a favorite spot for both families and fitness enthusiasts alike.

When it comes to real estate, Ala Moana offers a variety of housing options, including homes with leasehold land tenure. This unique property arrangement allows residents to enjoy the benefits of living in this desirable area while making homeownership more accessible. Leasehold properties can provide an affordable entry point into the real estate market, making it possible to experience the beauty and lifestyle of Hawaii without the hefty price tag often associated with freehold properties.

With its perfect blend of urban life and natural beauty, Ala Moana is more than just a neighborhood; it’s a lifestyle. Explore the possibilities of making this enchanting area your home, and immerse yourself in the vibrant culture and stunning scenery that Hawaii has to offer.

Newest Ala Moana Homes with Leasehold Land tenure

$400,000

202613200 MLS ⋅ LH - Leasehold Tenure

Located near on Rycroft Street near Walmart and Keeaumoku Street. Walking distance to Walmart and Ala Moana Center. Rare opportunity to acquire Choi's Garden, one of Honolulu's well-known and long-established Korean restaurants. For many years, this restaurant has earned a loyal customer base and a strong reputation for authentic Korean cuisine and exceptional dining experience. This is a true turnkey operation, fully equipped with a commercial kitchen, dining area. The new owner can continue operations immediately with minimal transition.

1303 Rycroft Street, Honolulu

Listing courtesy of Green Tree Realty.

$350,000

202528065 MLS ⋅ LH - Leasehold Tenure

Great free-standing building in a well located area close to WAIKIKI, CONVENTION CENTER, ALA MOANA SHOPPING CENTER, DON QUIJOTE, WALMART/SAMS CLUB.

1697 Kalauokalani Way, Honolulu

Listing courtesy of Philip I. Enomoto.

$80,000

202524922 MLS ⋅ LH - Leasehold Tenure ⋅ Ala Moana Tower BLDG.

Charming 503 sq.ft tea shop for sale, located just steps from the Convention Center with easy parking nearby—perfect for attracting tourists, locals, and event visitors. The space is efficiently designed, easy to operate, and ideal for takeaway or a cozy dine-in concept. A great opportunity for anyone looking to start or expand a beverage business in a high-visibility, high-demand area.

1617 Kapiolani Boulevard Unit 102, Honolulu

Listing courtesy of Five Star Realty, Inc..

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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.