Kailua Homes with Leasehold Land tenure

Welcome to Kailua, a picturesque gem nestled on the windward coast of Oahu, Hawaii. Known for its stunning beaches, lush landscapes, and vibrant community, Kailua offers a unique blend of island charm and modern living. Just a short drive from the bustling city of Honolulu, this tranquil town is a perfect escape for those seeking a laid-back lifestyle while still enjoying convenient access to urban amenities.

Kailua's breathtaking beaches, such as Lanikai and Kailua Beach Park, are renowned for their powdery white sands and crystal-clear waters, making them ideal for swimming, paddleboarding, and sunbathing. The town is also surrounded by stunning hiking trails, including the famous Lanikai Pillbox hike, which rewards adventurers with panoramic views of the coastline and lush mountains.

In Kailua, you’ll find a diverse array of homes, including those with leasehold land tenure, which is a unique aspect of Hawaii's real estate market. Leasehold properties allow homeowners to purchase a home while leasing the land from a lessor, often resulting in more affordable options in this sought-after area. This arrangement can be an excellent opportunity for first-time buyers or those looking to invest in a slice of paradise without the hefty price tag associated with freehold properties.

Whether you’re drawn to the serene beaches, the vibrant local culture, or the welcoming community spirit, Kailua offers an idyllic setting for your next home. Experience the magic of island living in Kailua, where every day feels like a vacation!

Newest Kailua Homes with Leasehold Land tenure

$368,000

2 Beds ⋅ 2 Baths ⋅ 202609902 MLS ⋅ LH - Leasehold Tenure ⋅ 65 DOM ⋅ Hokulani In Kailua BLDG.

Enjoy peaceful treetop views from this charming light-filled 2-bedroom, 2-bath home, ideally situated with no unit below for added privacy. This property is leasehold and the Fee is available for purchase. The open living and dining area flows seamlessly to a covered lanai, perfect for morning coffee or evening relaxation surrounded by greenery. Brand new stainless steel kitchen appliances, sink and countertops make the kitchen a dream to work in. Arched doorways and countertop seating add to the charm. Fresh paint, new light fixtures, and newer windows enhance natural light and comfort throughout. Bathrooms have new sinks, countertops, and fixtures. Located in a desirable corner building within the complex, this residence offers a serene setting while remaining conveniently close to shopping, dining, Kailua beach, and everyday essentials. Gardens, playground, gazebo and park like setting make this property enjoyable everyday.

355 Aoloa Street Unit E202, Kailua

$380,000

3 Beds ⋅ 1 Baths ⋅ 202604732 MLS ⋅ LH - Leasehold Tenure ⋅ 150 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.