Punchbowl Homes with Leasehold Land tenure

Punchbowl Homes with Leasehold Land tenure

Welcome to Punchbowl, a charming neighborhood nestled in the heart of Honolulu, Hawaii. Known for its stunning panoramic views and rich cultural heritage, Punchbowl offers a unique blend of urban convenience and serene natural beauty. This vibrant community is home to the iconic Punchbowl Crater, a dormant volcano that serves as a majestic backdrop and a historic site, housing the National Memorial Cemetery of the Pacific.

Residents of Punchbowl enjoy a diverse array of amenities, from local eateries serving mouthwatering Hawaiian cuisine to boutique shops and art galleries that reflect the island's rich artistic spirit. The neighborhood's proximity to downtown Honolulu makes it an ideal location for those who appreciate both the hustle and bustle of city life and the tranquility of nature.

One of the distinctive features of homes in Punchbowl is the prevalence of leasehold land tenure. This means that while you can own the home itself, the land it sits on is leased, often for a long-term period. This arrangement can provide an affordable entry point into the real estate market, allowing you to enjoy the beauty of Punchbowl without the hefty price tag typically associated with freehold properties.

Whether you’re seeking a cozy condo with breathtaking views or a charming single-family home surrounded by lush greenery, Punchbowl has something for everyone. Embrace the unique lifestyle this enchanting neighborhood offers, where every sunset paints the sky with vibrant colors, and the spirit of Aloha is felt in every corner. Discover your dream home in Punchbowl today!

Newest Punchbowl Homes with Leasehold Land tenure

$105,000
2 Beds ⋅ 1 Baths ⋅ 202617533 MLS ⋅ LH - Leasehold Tenure ⋅ Victoria Towers BLDG.
Welcome home to this 2-bedroom, 1-bath condo in the heart of Honolulu! Enjoy the convenience of being minutes from Ala Moana, Downtown, Kakaako, hospitals, and H-1 freeway access. The enclosed lanai is a standout feature, offering extra living space along with plenty of room to relax and enjoy the Honolulu views. You'll also love the large built-in storage cabinets on both sides of the lanai, giving you tons of extra storage while keeping your living space clean and clutter-free. With its convenient location, city views, and plenty of built-in storage, this condo is a great place to call home.

1420 Victoria Street Unit 602, Honolulu

Listing courtesy of Coldwell Banker Realty.

$235,000
2 Beds ⋅ 2 Baths ⋅ 202617397 MLS ⋅ LH - Leasehold Tenure ⋅ Coronet BLDG.
Just Pack a Bag!..Fully Stocked..Move-In Ready 2 Bdrm, 2 Bath Large 1,007 Sq. Ft. PRIME Condo. Located within walking distance to STRAUB MEDICAL & HOSPITAL, QUEEN'S MEDICAL & HOSPITAL, Shops, Banks, Food Markets, Honolulu Business Offices & the City Bus Line. A short bike ride to Whole Foods, Ward Village Restaurants & Ala Moana Shopping Center and Beach Park. Why buy FURNITURE or Pack Boxes? This pristine Condo is entirely ready for you on Day One. Every detail is covered from a King and Queen Bed, an Office Nook including a Desk and Chair, Bedding and Linens to a fully loaded Kitchen with all Cookware, Dishes and Utensils. Included in the Living Room is a large Sofa, 2 side Chairs, Cabinet, Side tables and a 65" Samsung Smart TV. The Dining Room has a modern Dining Set. It features a Bright Open Floor Plan, with an in-unit Washer/Dryer, a large convenient Storage, steps from your Front Door & a Assigned 1-Car Parking. Your effortless Lifestyle starts here w/only 4-Large Units on each Floor. ACOUSTIC CEILINGS HAVE BEEN REMOVED......PET FRIENDLY BLDG. Very low Lease Rent of $35.22/mo. thru March 31, 2021 w/Lease expiring in 2044.

1314 Victoria Street Unit 1003, Honolulu

Listing courtesy of K Realty, LLC.

$129,000
2 Beds ⋅ 1 Baths ⋅ 202616173 MLS ⋅ LH - Leasehold Tenure ⋅ Victoria Towers BLDG.
Centrally located in the heart of Honolulu. PET ALLOWED! Unit offers a practical floor plan, updated interiors and the convenience of a WASHER/DRYER inside the unit. The unit was renovated in 2019, including a new kitchen, updated bathroom, and new flooring, creating a clean and contemporary living environment that is ready for its next owner. Step outside to your spacious 156 sq. ft. balcony, offering valuable outdoor living space and a great spot to relax or enjoy the Honolulu surroundings. Close to Ala Moana Shopping Center, Downtown, Chinatown, Hospital, Post Office and public transportations. Easy freeway access! Maintenance fee is $770.89, Reserve Contribution is $765.05, Lease Rent is $610.32. INSURANCE SUMMARY IN SUPPLEMENTS.

1420 Victoria Street Unit 902, Honolulu

Listing courtesy of Realty Prime LLC.

$175,000
2 Beds ⋅ 2 Baths ⋅ 202614860 MLS ⋅ LH - Leasehold Tenure ⋅ 965 Prospect BLDG.
Freshly painted unit on the slopes of Punchbowl located close to Downtown Honolulu, medical centers, schools, and Ward Center. This unit offers an open layout, spacious kitchen, and private lanai overlooking sweeping city views. Amenities include swimming pool, BBQ area, and renovation deck. Secured entry with an on-site resident manager. Unit equipped with stack washer-dryer and brand new lanai carpeting. Bright breezy rooms designed to capture island Tradewinds.

965 Prospect Street Unit 403, Honolulu

Listing courtesy of Ivy K Realty, LLC.

$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.

$55,000
1 Baths ⋅ 202607673 MLS ⋅ LH - Leasehold Tenure ⋅ Makikilani Plaza BLDG.
3rd floor leasehold studio condo of 403 s.f. with 63 s.f. open lanai with city and small ocean views. One parking stall on same level as unit. Furnished with two single Murphy Beds and units comprised of book cases, shelving and some storage. Unit has a nice mirrored closet with shelves. Window a/c, stove, garbage disposal, washer/dryer, and bath has tub and shower. Building has two entrances, elevator, guest parking, resident manager on property and swimming pool. Parking is off Spencer Street behind the building. Unit is currently rented for $1550/month with lease expiring December 31, 2026. Property land lease expires July 31, 2029. Conveniently located near entrance to H-1 Freeway, market, restaurants, churches and schools.

1560 Thurston Avenue Unit 303, Honolulu

Listing courtesy of Avalon Realty LLC.

$238,000
2 Beds ⋅ 1 Baths ⋅ 202608787 MLS ⋅ LH - Leasehold Tenure ⋅ Victoria Mansions BLDG.
Turnkey investment opportunity! High-demand 2-bed, 1-bath fully furnished condo near downtown. Rented monthly on Airbnb for over $4000/month for the past 3 years with strong positive cash flow. This bright, renovated condo is located in a quiet Makiki neighborhood, but only minutes from downtown. The unit includes an updated kitchen and bath, new floors, a balcony, an in-unit washer/dryer, and parking. Last leasehold unit in the building, with an option to convert to fee simple.

1456 Thurston Avenue Unit A801, Honolulu

Listing courtesy of OahuRE.com.

$59,900
1 Baths ⋅ 202608626 MLS ⋅ LH - Leasehold Tenure ⋅ Makikilani Plaza BLDG.
Vibrant city views with partial ocean and Diamond Head vistas. Enjoy sunsets from your 7th floor lanai. Assigned covered PARKING. Amenities include a sparkling pool, Recreation Area with BBQ area, and a Resident Manager. Quick freeway on/off ramps nearby, plus convenient access to shopping, schools, churches, medical center. All the attractions of world-famous Waikiki and downtown Honolulu are moments away. This well-maintained home reflects pride of ownership and includes freshly painted interior, IN-UNIT WASHER/DRYER, fold-up wall bed, multi-use nook. Leasehold, lease expires 7/31/2029.

1560 Thurston Avenue Unit 704, Honolulu

Listing courtesy of 20 Degrees North Real Estate.

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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.