Kailua Homes with Leasehold Land tenure

Welcome to Kailua, a stunning coastal gem nestled on the eastern shore of Oahu, Hawaii. Known for its breathtaking landscapes, pristine beaches, and vibrant local culture, Kailua offers a unique blend of relaxation and adventure. With its turquoise waters and lush mountain backdrops, this idyllic region is a paradise for outdoor enthusiasts, families, and anyone seeking a serene lifestyle.

Kailua boasts a charming small-town atmosphere, with a thriving community that embraces both the rich Hawaiian heritage and modern conveniences. Residents enjoy a plethora of activities, from kayaking in the calm waters of Kailua Bay to hiking the scenic trails of the nearby Ko'olau Mountains. The area is also home to a variety of local shops, cafes, and restaurants, offering fresh, farm-to-table cuisine and unique artisan goods.

When it comes to real estate in Kailua, one of the distinctive features is the availability of homes with leasehold land tenure. This means that while you can purchase the home, the land it sits on is leased from a landowner, often for a long term. Leasehold properties can provide an affordable entry point into the Kailua market, allowing you to enjoy the beauty and lifestyle of this incredible region without the higher costs associated with fee-simple ownership.

Whether you're searching for a cozy beach cottage or a spacious family home, Kailua offers a diverse array of properties that cater to every taste and budget. Embrace the island lifestyle and discover your dream home in Kailua, where paradise awaits!

Newest Kailua Homes with Leasehold Land tenure

$379,900

4 Beds ⋅ 3 Baths ⋅ 202616058 MLS ⋅ LH - Leasehold Tenure ⋅ 45 DOM

Your Waimanalo Village Lifestyle begins here. Hawaii Housing Finance and Development Corp. (HHFDC) Leasehold property, (NOT HAWAIIAN HOMESTEAD) offers a unique opportunity. Comfortable island living, the main home features 3 bedrooms, 1 ½ bath, and measures approximately 1,152 square feet of living space, complemented by an attached studio and bath and laundry room. This flexible Layout is ideal for extended family, guests, a home office, or additional living space. Step outside to the expansive front porch/deck - an inviting place to enjoy your morning coffee. Entertain friends and family or simply relax In the refreshing breeze. You’ll also be just minutes from Waimanalo and Bellows, neighborhood parks, shopping and dining and the convenience of nearby Kailua.

41-1451 Laukalo Street, Waimanalo

$380,000

3 Beds ⋅ 1 Baths ⋅ 202604732 MLS ⋅ LH - Leasehold Tenure ⋅ 218 DOM

Hawaiian Homelands in Waimanalo- Opportunity to build your dreamhome in the country near the beach, busline & school. Purchaser must be at least 50% Hawaiian. This is a leasehold property.

41-160 Huli Street, Waimanalo

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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.