Lualualei Homes with Leasehold Land tenure

Welcome to Lualualei, a hidden gem nestled in the heart of Waianae, Oahu. This charming neighborhood offers a unique blend of serene island living and vibrant community spirit, making it an ideal place for those seeking a tranquil lifestyle in paradise. Surrounded by breathtaking mountain views and the azure waters of the Pacific Ocean, Lualualei exudes a warm, welcoming atmosphere that captures the essence of Hawaiian culture.

One of the distinctive features of homes in Lualualei is the leasehold land tenure. This means that while you can enjoy the comforts of home ownership, the land itself is leased, often making the initial purchase price more accessible. This unique arrangement allows residents to immerse themselves in the beauty of Oahu without the hefty price tag typically associated with freehold properties.

The neighborhood is well-connected, with easy access to nearby amenities, including local shops, restaurants, and schools. The stunning beaches of Waianae are just a short drive away, offering endless opportunities for sunbathing, surfing, and enjoying the vibrant marine life. For outdoor enthusiasts, the nearby hiking trails provide a chance to explore the island’s natural beauty, while the local parks offer perfect spots for family gatherings and picnics.

Whether you’re looking to invest in a cozy home or simply seeking a peaceful retreat, Lualualei invites you to experience the true spirit of Hawaii. With its stunning landscapes, friendly community, and unique leasehold properties, Lualualei is not just a place to live; it’s a place to thrive. Come and discover your slice of paradise today!

Newest Lualualei Homes with Leasehold Land tenure

$495,000

3 Beds ⋅ 3 Baths ⋅ 202604913 MLS ⋅ LH - Leasehold Tenure

Welcome home to 86-281 Hokuukali Place in Lualualei, Waianae — a rare chance to return to your roots and secure your family’s future on Hawaiian Home Lands. Available to qualified buyers with 50% or more Native Hawaiian ancestry through the Hawaiian Home Lands program, this lease runs through 2084, with property taxes around $300 per year — offering long-term stability and affordability in Hawai?i. This 3-bedroom, 2.5-bath home sits on a 6,114 sq. ft. corner lot, providing space and flexibility. Features include an open layout, split A/C, owned photovoltaic system, ample parking, and a brick wall with side fencing for privacy. There’s potential to build up for ocean views and a multi-generational retreat (subject to DPP and DHHL approval). Whether moving back home or expanding for family, this is more than a home — it’s a place to grow, connect, and strengthen ?ohana for generations.

86-281 Hokuukali Place, Waianae

Listing courtesy of Real Broker.

$395,000

3 Beds ⋅ 1 Baths ⋅ 202600275 MLS ⋅ LH - Leasehold Tenure

Don't miss this opportunity to own your own spacious 3 bedroom/1 bath home. Located in Waianae on a fully fenced large corner lot, conveniently located across the elementary school. Tall carport for possible boat parking. Large concrete slab on side and backyard perfect for extending living area or adding a covered lanai for entertaining. Upgrades include refinished kitchen cabinets, upgraded bathroom and newer flooring throughout. Ample storage space. Please do your own due diligence -- buyer must meet Dept. of Hawaiian Home Lands guidelines, must be at 50% Native Hawaiian to qualify.

86-328 Hokupaa Street, Waianae

Listing courtesy of LUVA Real Estate.

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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.