Waimalu Homes with Leasehold Land tenure

Welcome to Waimalu, a charming neighborhood nestled in the heart of Aiea, Hawaii, on the picturesque island of Oahu. Known for its lush landscapes and friendly community vibe, Waimalu offers a unique blend of suburban tranquility and urban convenience. With its close proximity to shopping centers, restaurants, and recreational facilities, residents enjoy easy access to everything they need while still basking in the serene beauty of island life.

One of the defining features of Waimalu is its diverse array of homes, many of which are situated on leasehold land. This unique property tenure allows homeowners to enjoy the benefits of living in this stunning locale while navigating a different approach to property ownership. Leasehold homes provide an affordable entry point into the Hawaii real estate market, making it possible for more families to experience the joys of island living.

Residents of Waimalu take pride in their community, where neighbors become friends and local events foster a sense of belonging. The neighborhood is surrounded by scenic parks and recreational areas, perfect for outdoor enthusiasts and families alike. Additionally, Waimalu's convenient access to major highways makes commuting to nearby cities a breeze, allowing residents to enjoy the best of both worlds.

Whether you’re looking for a cozy starter home or a spacious family residence, Waimalu’s leasehold properties offer a unique opportunity to embrace the enchanting lifestyle of Hawaii. Come explore Waimalu, where island charm meets community spirit!

Newest Waimalu Homes with Leasehold Land tenure

$7,000

202612861 MLS ⋅ LH - Leasehold Tenure ⋅ Harbor Square BLDG.

A warehouse with 20 ft ceiling heights, roll up door, ready for business. There is a vehicle lift, private restroom, lots of space ready for lease. Call for more information.

98-019 Kamehameha Highway Unit 4, Aiea

Listing courtesy of Welcome Home Hawaii Realty LLC.

$305,000

202607682 MLS ⋅ LH - Leasehold Tenure ⋅ Harbor Square BLDG.

Own an existing business in industrial flex commercial zone. With a legacy of excellent service spanning decades, this business is beloved by repeat customers and trusted by warranty service providers, schools, government contracts, major businesses, and long history of repeat non-stop customers. The clinic benefits from prime street frontage, ensuring high visibility and walk-in traffic. It specializes in mechanic services small engine repairs for gas motors such as lawnmowers, trimmers, blowers, riding mowers, generators, and golf carts. Combined with sales of new machines, this is an excellent business to expand or add other services. The sale includes an automatic life and a car dealership license for used autos, scooters, and motorcycles sales. There is lots of room for storage or expansion of multiple types of businesses. Warehouse space and storage is abundant. Also, available to sub-lease one of the bays with the car lift.

98-019 Kamehameha Highway Unit 3&4, Aiea

Listing courtesy of Welcome Home Hawaii Realty LLC.

$455,000

202517980 MLS ⋅ LH - Leasehold Tenure

Own Aiea's favorite Eatery Jackie's Restaurant located in the heart of Aiea at "Waimalu Shopping Ctr" is Up for Sale" A long-standing favorite among locals and visitors, featuring authentic Portuguese dishes, classic Hawaiian favorites, and the famous "Ahi Poke Bowl" Steady revenue and a loyal customer base. Turnkey Operation- Includes recipes, and equipment; ready to operate from day one. Good for E2Visa.

98-20 Kamehameha Highway, Aiea

Listing courtesy of Green Tree 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.