Puna Homes with Leasehold Land tenure

Welcome to Puna, a hidden gem on the Big Island of Hawaii, where lush landscapes and vibrant communities come together to create an enchanting living experience. Nestled within Hawaii County and just a stone's throw from the charming town of Pahoa, Puna is known for its stunning natural beauty, including volcanic parks, pristine beaches, and an abundance of tropical flora. This region embodies the spirit of aloha, offering a laid-back lifestyle that perfectly complements its breathtaking surroundings.

One of the unique aspects of Puna is its diverse real estate market, particularly when it comes to homes situated on leasehold land. For those seeking an affordable entry into the Hawaiian lifestyle, leasehold properties provide an attractive alternative to traditional freehold ownership. In Puna, many homes on leasehold land come with the added benefit of lower initial costs, allowing you to invest in your dream home without breaking the bank.

These homes often feature charming architecture, spacious lots, and proximity to the region's stunning natural attractions, from the lush rainforests of the Hawaii Volcanoes National Park to the serene black sand beaches of Kehena. Living in Puna means embracing a lifestyle that is rich in culture and outdoor adventure, with a community that celebrates the beauty of the island.

Whether you’re looking for a cozy cottage, a modern bungalow, or a serene retreat, Puna’s leasehold properties offer an opportunity to immerse yourself in the Hawaiian way of life. Discover the magic of Puna and find your perfect piece of paradise today!

Newest Puna Homes with Leasehold Land tenure

$325,000

3 Beds ⋅ 3 Baths ⋅ 731783 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property. This newly constructed home is ready for move in day! Really the only thing left to do is create your oasis with whatever landscaping suits you best. The interior was designed with modern living in mind. From the open concept living area with kitchen island, to the durable luxury vinyl plank flooring, this home is beautiful and practical all at the same time. The fresh clean color pallet is enhanced by all of the natural light coming through home's windows. Washer and dryer hookups are in the covered carport. This is an affordable housing property and buyers must qualify financially by being in the income range of 80% - 140% of the Hawai'i County median income. Call for more information, or visit https://haleohawaii.org

11-3319 Pa Alii St, VOLCANO

Listing courtesy of COMPASS.

$250,000

729770 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property.Rare opportunity to acquire a 5-acre leasehold agricultural property in Pāhoa Agricultural Park, fully developed and previously operated as a successful orchid nursery with established infrastructure and production capacity. The property features approximately 25,000 sq ft of greenhouse space across 12 covered structures, along with 50 State of Hawaiʻi-certified benches. All greenhouses are connected to an automated irrigation system with a Dosatron fertilizer proportioner, creating an efficient, turnkey setup for continued nursery or agricultural operations. Additional improvements include a 40' shipping container and multiple outbuildings, including a common area and outdoor kitchen equipped with two refrigerators, washing machine, and multiple on-demand hot water heaters. Established inventory includes over 40,000 orchid plants (Dendrobium, Vanda, Oncidium, and Cattleya), approximately 2,000 white pineapples, mature fruit trees, and a vegetable garden, offering immediate production potential. Level, usable land with paved access and convenient proximity to Pāhoa town. Property is serviced by HELCO electricity and county water (Buyer to verify). This is a State of Hawaiʻi Department of Agriculture leasehold property (General Lease) with base lease rent of approximately $1,800 per year. Lease term commenced in 2007 for 45 years, with rent reopening provisions. Buyer to verify all lease terms, permitted uses, and requirements. Use is restricted to agricultural purposes. Assignment subject to State approval, and Buyer must meet qualification requirements.

15-1300 Auina St, PAHOA

Listing courtesy of eXp 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.