Metro Homes with Leasehold Land tenure

Metro Homes with Leasehold Land tenure

Welcome to Metro Honolulu, a vibrant and captivating region nestled on the stunning island of Oahu, Hawaii. Known for its breathtaking landscapes, rich history, and diverse culture, this enchanting city offers a unique blend of urban living and tropical paradise. With its warm climate, pristine beaches, and a plethora of outdoor activities, Metro Honolulu is not just a place to live; it's a lifestyle.

One of the distinctive features of the real estate market in Metro Honolulu is the prevalence of homes with leasehold land tenure. This arrangement allows homeowners to purchase the structure while leasing the land from a landowner, which can often make properties more affordable in this sought-after region. Leasehold properties can be an attractive option for those looking to invest in Hawaii’s real estate market without the high upfront costs typically associated with freehold properties.

Living in Metro Honolulu means having access to world-class amenities, including top-notch dining, shopping, and entertainment. The vibrant neighborhoods each offer their own unique charm, from the bustling streets of Waikiki to the serene beauty of Diamond Head. With a strong sense of community and an array of cultural events, residents can immerse themselves in the rich tapestry of Hawaiian life.

Whether you’re seeking a cozy condo with ocean views or a spacious family home in a tranquil neighborhood, Metro Honolulu has something for everyone. Explore the possibilities of leasehold properties and discover your dream home in this paradise where the mountains meet the sea. Embrace the aloha spirit and make Metro Honolulu your new home!

Newest Metro Homes with Leasehold Land tenure

$90,000
1 Beds ⋅ 1 Baths ⋅ 202614752 MLS ⋅ LH - Leasehold Tenure ⋅ Waikiki Townhouse BLDG.
Fully renovated April 2026 and offered turnkey fully furnished. This 22nd-floor corner 1BD/1BA was rebuilt top to bottom: new kitchen, new bath, new flooring, fresh paint throughout. Sweeping Diamond Head, Ala Wai Golf Course, canal and mountain views with a peek of the ocean, from 455 sq ft of interior living plus a 135 sq ft covered lanai. Two blocks from Waikiki Beach, steps to dining, shopping and bus lines. W/D hookup in unit, sub-metered electricity, keyed elevator, video security, resident manager, car wash. Bike, surfboard and rental storage on site. Parking is not deeded; free resident wait-list. Leasehold expires 4/30/2029.

2421 Tusitala Street Unit 2201, Honolulu

Listing courtesy of eXp Realty.

$399,500
2 Beds ⋅ 2 Baths ⋅ 202614443 MLS ⋅ LH - Leasehold Tenure ⋅ Canterbury Pl BLDG.
Experience Luxury Above Waikiki: Panoramic Diamond Head Views from the 22nd Floor. Welcome to 1910 Ala Moana Blvd #22C, where elevated island living meets unmatched convenience. Perched high on the 22nd floor of the highly desirable Canterbury Place, this exceptional residence offers breathtaking, panoramic views of Diamond Head and the iconic Waikiki cityscape. Perfectly positioned at the gateway to Waikiki, you are just moments away from world-class beaches, premier shopping, and vibrant dining. Whether hosting guests against a backdrop of golden sunsets or enjoying a serene evening in your private sanctuary, this home seamlessly balances energy and tranquility. Key Features: Unobstructed, panoramic Diamond Head & Waikiki views, includes 1 covered, secured parking stall Turnkey potential: Fully furnished. Don’t miss this rare opportunity to own a piece of paradise. Schedule your private showing today.

1910 Ala Moana Boulevard Unit 22C, Honolulu

Listing courtesy of Locations LLC.

$230,000
1 Beds ⋅ 1 Baths ⋅ 202612836 MLS ⋅ LH - Leasehold Tenure ⋅ Craigside BLDG.
NEW LISTING!! Enjoy elevated island living in this beautifully updated leasehold 1 bdrm/1 bath residence at Craigside and an opportunity for the purchaser to acquire the FEE INTEREST. With almost 800 sq. ft. of interior living space, the inviting open floor plan is enhanced by beautiful laminate flooring and abundant natural light, while the stunning city, mountain, and ocean views create a spectacular backdrop. Enjoy the convenience and resort-style lifestyle offered by Craigside’s impressive amenities, including swimming pools, a fitness center, tennis courts, BBQ areas, and more. Ideally located in the desirable Nuuanu neighborhood, just minutes from Downtown Honolulu, shopping, dining, and entertainment. A wonderful opportunity to own a beautifully maintained residence with exceptional views and outstanding amenities!

2101 Nuuanu Avenue Unit I-1503, Honolulu

Listing courtesy of REMAX Hawaii.

$36,000
202614706 MLS ⋅ LH - Leasehold Tenure
Rare opportunity to acquire a well-established and highly regarded café and bistro in the desirable Downtown areaof Honolulu. Located in a high-visibility neighborhood setting with strong local customer support and consistentfoot traffic. This turnkey operation offers a welcoming dining atmosphere, a fully equipped commercial kitchen,indoor and take out window, and a loyal customer base built over many years of successful operation. Excellentopportunity for an owner-operator or investor seeking a profitable food and beverage business in one of Honolulu’smost sought-after communities. Sale includes furniture, fixtures, equipment, and business goodwill. Financialinformation available to qualified buyers upon execution of a confidentiality agreement. Please do not disturbemployees or customers. Showings by appointment only.

1102 Bishop Street, Honolulu

Listing courtesy of Realty Brokerage LLC.

$119,000
1 Beds ⋅ 1 Baths ⋅ 202614470 MLS ⋅ LH - Leasehold Tenure ⋅ Kalia BLDG.
Welcome to this beautifully remodeled, 1 bdrm 1 Bath Leasehold Coop at The Kalia! This home is a true blank canvas with clean, modern finishes throughout. Custom kitchen and bathroom, white soft-close cabinetry, quartz countertops, extended kitchen counters, abundant cabinetry, and a little breakfast nook or workstation. New LVT flooring and fresh interior paint. Beautiful tiled shower. Brand new white plantation shutters. Enclosed lanai. Peaceful treetop setting with lush green palm trees. This one truly has it all! Tropical lush grounds. Gated entrance, fob key access, security cameras, and on-site security. Close to the beach, restaurants, shopping, and bus lines. Open BBQ area. Rooftop community laundry. Open-air lobby, security patrol, Food Pantry grocery store, bakery, bus lines, restaurants and U.S. Post Office across the street. Monthly operating expenses total $1,503.94 and include Maintenance Fee ($726.24), Lease Rent ($634.00), Property Tax ($90.00), and Cable/Internet ($54.00). Long lease with fixed lease rent increases through 2048. Parking is available for owner occupants by waitlist (approximately $130-$140 per month).

425 Ena Road Unit 607C, Honolulu

Listing courtesy of Oceans Realty Group LLC.

$119,000
1 Beds ⋅ 1 Baths ⋅ 202614582 MLS ⋅ LH - Leasehold Tenure ⋅ Tradewinds Hotel Inc BLDG.
Tradewinds Hotel - located on likely the loveliest Site at the ENTRANCE to WAIKIKI. Newly renovated Exceptionally Lovely apartment with bright beautiful aspect and wonderful view. Set among Bird of Paradise and Monstera bushes and many, many swaying palm trees, in an unbeatable location. Walking distance to an amazing array of beaches, hotels, restaurants, stores and more. The renowned Ala Moana Shopping Center is 2 blocks away. The Hawaii Prince Hotel, Ilikai Hotel, and the Hilton Hawaiian Village Hotel are all your very close neighbors. Walk to the Ala Wai Marina and Hawaii Yacht Club to sight see the colorful boats from all over the world. Waikiki Yacht Club is 2 blocks away. Stroll to the Ala Wai Canal to watch paddlers practice to compete in Outrigger Canoe races. Want to swim in the Ocean? You can stroll in seven minutes to Ala Moana Beach Park, Magic Island or Waikiki Beach in front of the Hilton. Timid of the Ocean? There is a protected lagoon at Magic Island and another at Hilton Hotel as well... Or just swim on-site at Tradewinds in the salt water pool, then BBQ your dinner next to the open-air lobby and eat there! Come and Live here and Enjoy Paradise!

1720 Ala Moana Boulevard Unit 706A, Honolulu

Listing courtesy of Royal Hawaiian Properties, Inc.

$150,000
202614191 MLS ⋅ LH - Leasehold Tenure ⋅ Mccully Shopping Center BLDG.
Turnkey 807 SF izakaya restaurant available through Assignment of Lease. Prime restaurant location with lease through 2031. Fully built out with FF&E included. Kitchen equipped with grease trap, exhaust hood, grill, deep fryer, refrigerators, freezers, table and counter seating, men’s and women’s restrooms in-unit, and existing liquor license (subject to approvals). Ample customer parking; employee parking available for an additional fee. Tenant pays base rent plus CAM, water, advertising, % rent, grease trap, GET, and separately metered gas and electricity.

1960 Kapiolani Boulevard Unit 107, Honolulu

Listing courtesy of Nexus Estates LLC.

$260,000
1 Beds ⋅ 1 Baths ⋅ 202614033 MLS ⋅ LH - Leasehold Tenure ⋅ Waikiki Banyan BLDG.
Renovated Waikiki Banyan with a Nonconforming Use Certificate (NUC) for legal short-term rental use! This high-floor 1BR/1BA offers the perfect opportunity for a Waikiki getaway with the flexibility of vacation rental use. Thoughtfully updated with new kitchen cabinetry and appliances, new flooring, upgraded ceiling lighting, and refreshed finishes throughout-ready to enjoy from day one. Located on the cooler side of the building, the unit enjoys refreshing trade winds and a comfortable island atmosphere. Waikiki Banyan's newly upgraded amenity deck is now open, featuring a pool, hot tubs, recreation areas, and more. Just moments from world-famous Waikiki Beach, dining, shopping, and entertainment, this is your opportunity to own a refreshed piece of paradise in the heart of Waikiki. Leasehold property; Fee Simple interest is not currently available for purchase.

201 Ohua Avenue Unit 3403 T2 (NUC), Honolulu

Listing courtesy of Hawaii Modern Realty.

$218,900
2 Beds ⋅ 4 Baths ⋅ 202608185 MLS ⋅ LH - Leasehold Tenure ⋅ Wailana At Waikiki BLDG.
Beautifully Renovated Condo! PRICED TO SELL! Long 43-year land lease through 11/30/2069. Enjoy gorgeous open panoramic 5th-floor views over Fort DeRussy, Diamond Head, and Hilton Hawaiian Village from the living room and primary bedroom! Spacious 2-bed/2-bath with 1,171 sq. ft. interior + 124 sq. ft. lanai (1,294 sq. ft. total). Central A/C. Brand-new upgrades include new kitchen cabinets, quartz countertops, stainless-steel appliances, microwave, dishwasher, disposal, renovated tile bathrooms, Toto toilet seats, washer/dryer, and travertine floors. Just a short walk to the swimming beach & lagoon at Hilton Hawaiian Village. Convenient new ABC Store on the ground level, plus restaurants galore. Walk or take a short bus ride to Ala Moana Beach Park and Ala Moana Shopping Center. Experience the best of Waikiki living every day! Includes one covered secured parking stall (Level 3), swimming pool, and large BBQ area. Condo is vacant and easy to show on short notice. Building allows 90-day-or-longer rentals and two pets. $1,848.12/mo (MFee + Reserves, internet, cable TV); Lease rent = $1,173.41/mo; RP Tax = $189.61/mo; Total = $3,211.14/mo. This condo won't last at this price!

1860 Ala Moana Boulevard Unit 501, Honolulu

Listing courtesy of Coldwell Banker Realty.

$230,000
2 Beds ⋅ 2 Baths ⋅ 202613489 MLS ⋅ LH - Leasehold Tenure ⋅ Coronet BLDG.
Lowest-priced 2-bedroom, 2-bath opportunity in town! Welcome to The Coronet, a rarely available residence in the heart of Honolulu. This spacious home features 1,007 sq. ft. of interior living space plus a generous 109 sq. ft. lanai, elegant double-door entry, and expansive floor-to-ceiling windows that fill the home with natural light. Move-in ready, this residence offers a functional layout, in-unit washer and dryer, and a private storage unit conveniently located just outside the front door. Additional highlights include one assigned uncovered parking stall, secure building entry, an on-site resident manager, and only four units per floor for added privacy. Enjoy a prime central location with easy access to shopping, dining, medical facilities, bus lines, and freeway access. This leasehold property offers exceptional value with a very low lease rent of only $35.22 per month through March 31, 2029, with the lease expiring in 2044. An incredible value in urban Honolulu-must see to appreciate!

1314 Victoria Street Unit 803, Honolulu

Listing courtesy of Locations LLC.

$65,000
1 Beds ⋅ 1 Baths ⋅ 202613964 MLS ⋅ LH - Leasehold Tenure ⋅ Kaioo Terrace BLDG.
Hawaii living at it's finest! This rarely available ground floor, one bedroom condo has everything you'll need for a property in Waikiki. Located near restaurants, the beach, stores, and Alamoana shopping center. This income producing property is move in ready! The property was entirely redone in 2021. New Bathroom, new kitchen, new appliances, new flooring, new paint, new AC. Parking in Waikiki can be a challenge, but not for this property, a parking stall is included and parking is first come first serve. Amenities include a secured entry, pool/jacuzzi, and a resident manager. Association and Maintenance fees include gas, electric, and trash. Don't wait! Inquire today!

1867 Kaioo Drive Unit 110, Honolulu

Listing courtesy of Hawaii Modern Realty.

$385,000
2 Beds ⋅ 2 Baths ⋅ 202613632 MLS ⋅ LH - Leasehold Tenure ⋅ Marco Polo Apts BLDG.
Welcome home to this spacious, well-maintained 2-bedroom, 2-bathroom residence offering over 1,000 square feet of interior living space and over 100 square feet of outdoor living space in the highly desirable Marco Polo building. Recently updated with new appliances, automatic window blinds, freshly painted, new luxury vinyl flooring, new faucets, and new window A/C units, this move-in-ready home combines comfort and convenience. Enjoy sweeping views of the Ala Wai Canal, Waikiki skyline, and breathtaking sunset vistas from your expansive lanai. The Marco Polo offers ample guest parking, making it easy to welcome family and friends. Its extensive list of amenities includes a large swimming pool, sauna, tennis courts, basketball and pickleball courts, golf driving nets, BBQ areas, a car wash station, bicycle and surfboard storage, a convenience store in the lobby, 24-hour security. This unit also includes two secured storage lockers. Please note: Any offers received contingent upon buyer’s acknowledgment and acceptance of the parking stall dispute or its resolution prior to closing. Monthly Tax Amount is based on 2025 Tax Assessed Values. Professional photos coming soon.

2333 Kapiolani Boulevard Unit 814, Honolulu

Listing courtesy of REMAX Hawaii.

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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.