Maalaea Homes with Leasehold Land tenure

Welcome to Maalaea, a hidden gem nestled on the beautiful island of Maui, Hawaii. This charming neighborhood, located just a short drive from Wailuku, offers a unique blend of stunning natural beauty, vibrant local culture, and a laid-back island lifestyle that is hard to resist.

Maalaea is renowned for its breathtaking ocean views, with the majestic West Maui Mountains as a backdrop. Residents and visitors alike can enjoy the serene beaches, perfect for sunbathing, swimming, and snorkeling. The area is also home to the famous Maalaea Harbor, where you can embark on exciting whale-watching tours or indulge in a variety of water sports, making it a paradise for outdoor enthusiasts.

When it comes to real estate, Maalaea features a variety of homes with leasehold land tenure, offering an affordable entry point into the Maui market. This unique arrangement allows buyers to enjoy the benefits of island living without the hefty price tag of freehold properties. Leasehold homes provide an excellent opportunity for families, retirees, and investors looking to experience the magic of Maui while enjoying the tranquility of this coastal community.

The neighborhood is also conveniently located near the Maui Ocean Center, a world-class aquarium that showcases the incredible marine life of the Hawaiian Islands. With its friendly atmosphere, rich cultural heritage, and stunning surroundings, Maalaea is the perfect place to call home or a delightful vacation retreat. Embrace the island lifestyle and discover the enchanting charm of Maalaea, where every day feels like a tropical getaway.

Newest Maalaea Homes with Leasehold Land tenure

$899,000

2 Beds ⋅ 2 Baths ⋅ 410311 MLS ⋅ Leasehold Tenure ⋅ Kanai A Nalu BLDG.

Your front row seat to paradise and oceanfront luxury awaits at Kanai A Nalu #417! This exceptional 4th-floor 2-bedroom, 2-bath residence offers breathtaking panoramic views of the Pacific Ocean, Sugar Beach, Haleakala, and spectacular year-round sunrises. Extensively remodeled with over $200,000 in premium upgrades, this turnkey condominium showcases an open-concept design with a beautifully appointed kitchen, quality cabinetry, stone countertops, stainless steel appliances, luxury flooring, designer lighting, and tastefully remodeled bathrooms. Enjoy year-round comfort with three split-system A/C units serving the living area and both bedrooms. The spacious oceanfront lanai is the perfect place to relax while watching humpback whales (seasonal), sea turtles, and the soothing waves along Maui's shoreline. Kanai A Nalu is a heavily booked short-term vacation rental, making this an outstanding opportunity for both personal enjoyment and investment potential. Ideally located on Maui's longest white sand beach, the complex features a heated oceanfront pool, BBQ area, elevator, lush tropical landscaping, and convenient parking, all just minutes from Ma?alaea Harbor, restaurants, shops, golf, Kahului Airport, Wailea, and West Maui. Offered fully furnished and move-in ready. This is a leasehold property.

250 Hauoli St Unit 417, Wailuku

Listing courtesy of Century 21 Island Homes.

$679,000

2 Beds ⋅ 2 Baths ⋅ 409819 MLS ⋅ Leasehold Tenure ⋅ Maalaea Yacht Marina BLDG.

Best in the complex! Top-corner Penthouse unit featuring a wraparound lanai and stunning ocean views. No expense has been spared in this beautifully maintained condo. Long-term rental only in a fantastic, well-managed complex. The pictures truly tell the story! This is a Leasehold property.

30 Hauoli St Unit 410, Wailuku

Listing courtesy of Coldwell Banker Island Prop-Ku.

$430,000

2 Beds ⋅ 2 Baths ⋅ 409306 MLS ⋅ Leasehold Tenure ⋅ Kanai A Nalu BLDG.

Welcome to Kanai A Nalu 208 a beautifully renovated second-floor unit offering views over the pool and out to the ocean. This inviting 2-bedroom, 2-bathroom condo has been tastefully updated with newer appliances, air conditioning, a decorative wall mural, and stylish furnishings throughout. Whether you’re seeking a primary residence, second home, or a short term rental opportunity, this property checks all the boxes. Kanai A Nalu is just steps from Maui’s longest stretch of sandy shoreline - Sugar Beach. and is centrally located in Ma?alaea with convenient access to all parts of the island. You’re minutes from shopping, restaurants, the Maui Ocean Center, and Maalaea Harbor. Residents and guests enjoy a renovated, solar-heated pool beautifully lit at night for added ambiance and a new BBQ area perfect for outdoor gatherings. This is a leasehold property with one of the longest remaining terms available. Lease rent is fixed at $1,004 /month from 2016–2026 .

250 Hauoli St Unit 208, Wailuku

Listing courtesy of Hawaii Life (W).

$249,900

1 Beds ⋅ 1 Baths ⋅ 408893 MLS ⋅ Leasehold Tenure ⋅ Milowai BLDG.

Rare Ground-Floor Direct Oceanfront! Experience the ultimate Maui lifestyle in Milowai 106. This beautifully remodeled 1BR/1BA unit sits just feet from the water’s edge—walk directly from your private lanai onto the lush lawn to watch whales, sea turtles, and the famous “Freight Trains” surf break. Fully Remodeled: Modern kitchen with granite countertops, stainless appliances, tile flooring, and A/C for maximum comfort. Fully furnished and active as a successful short-term rental. Includes in-unit washer/dryer. The property is leasehold. The Special Assessment for the Sea Wall has been PAID IN FULL by the seller,providing immediate value and lower monthly overhead for the new owner.

50 Hauoli St Unit 106, Wailuku

Listing courtesy of Luxe Maui Properties LLC.

$275,000

1 Beds ⋅ 1 Baths ⋅ 408892 MLS ⋅ Leasehold Tenure ⋅ Hono Kai BLDG.

The lowest-priced oceanfront opportunity in Ma'alaea. Front-row seats to Ma'alaea Bay where humpback whales breach in winter, surfers glide across the waves, and the Pacific becomes part of your everyday view. This second-floor unit at Hono Kai is positioned directly on the shoreline within one of Maui’s most intimate oceanfront communities, just 46 units across a lush one-acre property. Enjoy morning coffee from your private lanai while taking in panoramic ocean views and cooling trade winds. Walk to Ma'alaea Harbor, Maui Ocean Center, waterfront dining, shops, and Haycraft Park. Just outside your door, access miles of sandy shoreline stretching toward Kihei. The unit has been beautifully updated with a remodeled kitchen and bath, quality finishes, and a clean coastal aesthetic. Offered fully furnished vacation rental with excellent guest reviews. Hono Kai is pet friendly, and maintenance fees include water, trash, cable, internet, exterior insurance, landscaping, and pest control. Ideal as a full-time residence, Maui getaway, or income-producing investment. This is a leasehold property.

280 Hauoli St Unit B-17, Wailuku

Listing courtesy of Emerald Club Realty Inc.

$489,000

2 Beds ⋅ 2 Baths ⋅ 407097 MLS ⋅ Leasehold Tenure ⋅ Kanai A Nalu BLDG.

Now offered at the new price of $499,000. Don't miss this opportunity to own a beautifully updated ocean-view condo in one of Maui's most desirable coastal communities. Welcome to Kanai A Nalu 415, a beautifully renovated top-floor ocean-view condo offering the perfect blend of island charm, modern comfort, and an unbeatable Maui lifestyle. Enjoy stunning Pacific Ocean views from your private retreat, where breathtaking sunsets and ocean breezes create the ideal setting for relaxation. This spacious 2-bedroom, 2-bathroom residence was thoughtfully updated in 2024, featuring contemporary finishes and an inviting open living space. The living room is equipped with air conditioning for year-round comfort, and a brand-new water heater adds additional value and peace of mind for the next owner. Located just steps from Sugar Beach, Maui's longest stretch of sandy shoreline, you'll have easy access to miles of beach walking, swimming, paddleboarding, and endless ocean activities. Centrally situated in Maalaea, you're minutes from restaurants, shopping, the Maui Ocean Center, and Maalaea Harbor, the gateway to world-class whale watching, snorkeling adventures, and island excursions. Residents and guests enjoy exceptional amenities, including a renovated oceanfront pool heated by PV solar, beautifully maintained grounds, and a BBQ area with ample seating for gathering with family and friends. This is a Leasehold property.

250 Hauoli St Unit 415, Wailuku

Listing courtesy of Compass.

$235,000

1 Beds ⋅ 1 Baths ⋅ 407019 MLS ⋅ Leasehold Tenure ⋅ Milowai BLDG.

Milowai 103 opens to spectacular ocean views - this ground floor one-bedroom unit sits 60 feet from the beach on Maalaea Bay's small boat harbor. Centrally located in Ma'alaea, it is close to many of Maui 's famous spots. Recently updated and tastefully furnished, the unit features a king size bed , 2 queen sofa beds, washer /dryer in the unit, window air conditioning, and ceiling fans for added comfort. The well maintained grounds include a pool, BBQs, and open lounge areas. With only 43 units in the complex you have an intimate Hawaii condominium experience. Currently 103 is operated as a successful short term with strong bookings. This is a leasehold property. The monthly AOAO fee of $1362.39 includes $598.82 HOA operating expenses and $763.57 Reserve Funding. Special assessment for seawall is $464/month. Electricity is billed separately. The unit is zoned A-2 Apartment. Assigned parking stall #57.

50 Hauoli St Unit 103, Wailuku

Listing courtesy of REMAX Hawaii Maui.

$235,000

1 Beds ⋅ 1 Baths ⋅ 407020 MLS ⋅ Leasehold Tenure ⋅ Milowai BLDG.

Milowai 104 offers spectacular ocean views the moment you enter the unit. This ground-floor one-bedroom condo sits just 60 feet from the beach on Ma‘alaea Bay’s small boat harbor. Centrally located in Maalaea, the Milowai is an easy travel to Maui's famous spots. Recently remodeled and tastefully furnished, the unit features a queen bed, a queen sofa bed, in unit washer/dryer, air conditioning unit, and ceiling fans for added comfort. The well-maintained grounds include a pool, BBQs, and open lounge areas, With only 43 units, the Milowai complex has an intimate and welcoming community feel. The unit is currently operated as a successful short-term rental with strong bookings year-round. This is a leasehold property. The monthly AOAO fee of $1362.39 includes $598.82 HOA Operating Expenses and $763.57 Reserve Funding. Electricity is billed separately. The unit is zoned A-2 Apartment. Each unit has an assigned parking stall.

50 Hauoli St Unit 104, Wailuku

Listing courtesy of REMAX Hawaii Maui.

$319,000

1 Beds ⋅ 1 Baths ⋅ 402793 MLS ⋅ Leasehold Tenure ⋅ Maalaea Yacht Marina BLDG.

Ocean front picture perfect to watch waves come in, lease hold condo only long term permitted, end unit nicely updated , close to the west /central/or south side shops etc. Turn key fully furnished just bring your tooth brush. This is a leasehold property.

30 Hauoli St Unit 201, Wailuku

Listing courtesy of Coldwell Banker Island Prop-Ku.

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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.