Makiki Homes with Leasehold Land tenure

Welcome to Makiki, a charming and vibrant neighborhood nestled in the heart of Honolulu, Oahu. Known for its lush greenery and close-knit community, Makiki offers a unique blend of urban living and natural beauty. This area is characterized by its tree-lined streets, historic homes, and a welcoming atmosphere that makes it a favorite among families, professionals, and retirees alike.

One of the defining features of Makiki is its diverse housing options, including homes with leasehold land tenure. This means that while you can enjoy the benefits of homeownership, the land itself is leased, typically for a period of 99 years. This arrangement can offer a more affordable entry point into the competitive Honolulu real estate market, making it an attractive option for first-time buyers and investors looking to capitalize on the area's growth.

Residents of Makiki appreciate the proximity to various amenities, including parks, schools, and shopping centers. The neighborhood is home to several recreational spaces, such as the popular Makiki District Park, where families can enjoy picnics, sports, and community events. Additionally, its central location provides easy access to downtown Honolulu, making commuting a breeze.

With a rich cultural heritage and a strong sense of community, Makiki is not just a place to live; it’s a place to thrive. Whether you're seeking a cozy bungalow or a modern condo, this neighborhood has something for everyone. Embrace the Makiki lifestyle and discover the perfect home in this enchanting part of paradise!

Newest Makiki Homes with Leasehold Land tenure

$199,000

1 Beds ⋅ 1 Baths ⋅ 202612480 MLS ⋅ LH - Leasehold Tenure ⋅ Pakalana BLDG.

This leasehold one bedroom one bath unit offers comfortable living with a functional layout, natural light, and one dedicated parking stall. Centrally located in Makiki with easy access to H-1 East and West, making it perfect for commuters. Close to super markets, restaurants, parks, and public transportation.

1571 Piikoi Street Unit 1503, Honolulu

Listing courtesy of Kometani, Inc..

$247,999

2 Beds ⋅ 2 Baths ⋅ 202610209 MLS ⋅ LH - Leasehold Tenure ⋅ Admiral Thomas Apts BLDG.

Step into refined island living at the iconic Admiral Thomas, where comfort meets convenience in the heart of Honolulu. As you enter, expansive windows immediately draw you in—framing stunning views of the mountains, city skyline, and Pacific Ocean while filling the space with natural light. This 2-bedroom, 2-bath residence with two parking stalls offers a seamless blend of function and style. Enjoy cool, air-conditioned interiors after a day in the sun, or take advantage of the building’s resort-style amenities—swim, relax in the jacuzzi, or enjoy a game on the pickleball court. With a pet-friendly setting and ample guest parking, everyday living and entertaining feel effortless. Located just minutes from the Honolulu Museum of Art, Neal Blaisdell Center, and the vibrant neighborhoods of Kaka?ako, Ala Moana, and Downtown Honolulu, you’re perfectly positioned for work and play. With easy freeway access, utilities included in the maintenance fee, and a leasehold secured through 2046, this home delivers exceptional value. Come experience the lifestyle for yourself.

1221 Victoria Street Unit 1705, Honolulu

Listing courtesy of Jeffrey Samuels Realty.

$379,900

2 Beds ⋅ 1 Baths ⋅ 202608874 MLS ⋅ LH - Leasehold Tenure ⋅ 1448 Young St BLDG.

A well maintained unit in a newer building that is ideally located in the Makiki neighborhood with convenient access to parks, shopping, dining and medical centers. With secured entry to the building, and one unassigned parking along with ample guest parking, visitors and workmen are well accommodated. The convenience of the 2nd floor location provides the owners the option of using the stairs for entry to the unit. The property is in a pretty setting and has the benefits of a newer constructed building. It is a leasehold property with exceptionally low lease rent of only $1.00 per year until 2029 after which the lease will be renegotiated. The unit itself is bright and cheerful and well laid out. No pets are allowed. Seller cannot close the sale prior to Sept. 1, 2026.

1448 Young Street Unit 203, Honolulu

Listing courtesy of Hawaii Modern Realty.

$310,000

1 Beds ⋅ 1 Baths ⋅ 202607591 MLS ⋅ LH - Leasehold Tenure ⋅ 1448 Young St BLDG.

Conveniently Located, Secured Building, Secured Parking, Lots of Guest Parking, Security, Fire Sprinklers, Reasonable Maintenance Fees, Ridiculously Low Lease Rent, and Lease until 2064. Does this sound appealing? This 1 bedroom 1 bath unit might be the perfect fit for you. Why don't you come and take a look if this is the right unit for you. (Bedroom count does not match tax records.)

1448 Young Street Unit 304, Honolulu

Listing courtesy of Corcoran Pacific Properties.

$45,000

202603362 MLS ⋅ LH - Leasehold Tenure ⋅ Interstate Bldg BLDG.

A prime corner unit at the Interstate Building offers the perfect opportunity to establish your business in a professional and highly desirable location. This exceptional office space includes a covered parking stall and features expansive city views that your clients will appreciate from the moment they arrive. Designed with flexibility in mind, the interior walls are demisable, allowing you to reconfigure the layout to suit your unique business needs and workplace style. Whether you prefer an open-concept design or private offices, this space can easily be customized to support your vision. The Interstate Building provides convenient access from both King Street and Young Street, making it easy for clients and employees alike. Visitor parking is available within the building. Utilities are included in the monthly maintenance fee, and the building offers 24/7 security and access. Public restrooms on every floor for ease and comfort. An owner is responsible for cable/internet, property taxes, and lease rent to the lessor. Begin the next chapter of your business in this well-maintained, centrally located office space that combines flexibility, convenience, and professional appeal.

1314 S King Street Unit 1464, Honolulu

Listing courtesy of Island Pacific Real Estate 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.