Diamond Head Homes with Leasehold Land tenure

Diamond Head Homes with Leasehold Land tenure

Welcome to Diamond Head, a breathtaking gem nestled on the southeastern coast of Honolulu, Hawaii. Renowned for its iconic volcanic crater and stunning ocean views, Diamond Head offers a unique blend of natural beauty and vibrant community life. With its lush landscapes, pristine beaches, and a plethora of outdoor activities, this area is a paradise for both residents and visitors alike.

Living in Diamond Head means embracing an active lifestyle. The Diamond Head State Monument provides hiking trails that lead to panoramic vistas of the Pacific Ocean and the Honolulu skyline. Whether you’re an avid hiker or simply enjoy leisurely walks along the shoreline, this region caters to all outdoor enthusiasts. Additionally, the local beaches, such as Kaimana Beach and Sans Souci Beach, offer serene spots for sunbathing, swimming, and surfing.

When it comes to real estate, Diamond Head is known for its charming homes, many of which are situated on leasehold land. Leasehold properties provide an attractive option for potential homeowners, allowing for more affordable entry into this coveted neighborhood. While the land is leased rather than owned, these homes often come with lower purchase prices and the opportunity to enjoy the breathtaking surroundings without the hefty price tag of freehold properties.

With a vibrant community, stunning natural beauty, and a variety of housing options, Diamond Head presents an unparalleled living experience in Hawaii. Whether you’re looking to settle down or invest, this enchanting area is a place where dreams can truly become a reality. Come discover the allure of Diamond Head, where every day feels like a vacation!

Newest Diamond Head Homes with Leasehold Land tenure

$300,000
202617624 MLS ⋅ LH - Leasehold Tenure
Excellent opportunity to own Fairwood Drive Inn & Pho 27, an established restaurant in the heart of Kaimuki! Offering over 3,008 sq. ft., this spacious, fully equipped restaurant features a large dining area, modern renovations, and a well-designed layout ready for a new owner. Located in a busy neighborhood shopping center with excellent visibility, convenient access, and customer parking. The current owner primarily focuses on takeout, leaving great potential to expand dine-in service and grow the business. Continue the existing operation or bring your own restaurant concept to this versatile, turnkey space. This is a rare opportunity in a highly desirable Kaimuki location. Don’t miss out, schedule your private showing today!

3221 Waialae Street Unit B5, Honolulu

Listing courtesy of Five Star Realty, Inc..

$95,000
2 Beds ⋅ 2 Baths ⋅ 202616172 MLS ⋅ LH - Leasehold Tenure ⋅ Kahala Beach BLDG.
Enjoy coastal chic living in this well-appointed and cared for Kahala Beach residence located one back from the ocean. A rare offering in the preferred building (three stack), enjoy beautiful views of the Pacific Ocean from your lanai. Updated in 2021 with refreshed carpet, tasteful decor and well thought out upgrades that show pride of ownership. Two parking stalls included, both located in your building'sgarage. Property is Leasehold and no fee purchase option is available. Please consult with your Realtor to ensure You are fully aware of what Leasehold ownership entails at Kahala Beach Apartments. Monthly fees (estimated, please confirm) are: $2,565/month in Lease Rent, $1,371.31/month in Maintenance Fees and $863.43/mo nth in Property Taxes. Leasehold expires on July 15th 2027, no lease renewal or extension will occur. Owners will have the option to sign a rental lease agreement with Lessor after the leasehold expires, but with an initial contract date no longer than July 31st, 2028.

4999 Kahala Avenue Unit 250, Honolulu

Listing courtesy of Portfolio.

$425,000
1 Baths ⋅ 202615447 MLS ⋅ LH - Leasehold Tenure ⋅ Sans Souci Inc BLDG.
Living at Sans Souci is all about the lifestyle: enjoying the coveted Gold Coast. You wake up to the sound of the ocean while enjoying the swaying palm trees right outside your lanai. Beautiful sunsets and Friday night fireworks. You're only steps to Sans Souci beach, which is a buzz of activities, join in or sit on your lanai and enjoy the resort like atmosphere. Located across from Kapiolani Park and a short walk to Waikiki, Honolulu Zoo, the Aquarium and the Shell amphitheater. Also in the neighborhood is the Elks Lodge and Outrigger Canoe Club. Beachside dining at Michel's, Hau Tree Lanai or a little casual dining at the Barefoot Beach Cafe. Spend Saturday mornings at the KCC Farmers market or hike up scenic Diamond Head. Property to be sold AS-IS.

2877 Kalakaua Avenue Unit 502, Honolulu

Listing courtesy of LUVA Real Estate.

$48,000
2 Beds ⋅ 2 Baths ⋅ 202615328 MLS ⋅ LH - Leasehold Tenure ⋅ Kahala Beach BLDG.
NEW LISTING!! Experience island living in this beautifully upgraded 2 bdrm/2 bath residence in the desirable Kahala Beach oceanfront community. Tastefully renovated with modern finishes throughout, the unit features vinyl plank flooring, an updated kitchen with stainless steel appliances, and refreshed bathrooms. The spacious enclosed, covered lanai provides a comfortable extension of the living space—perfect for relaxing or enjoying the lush surroundings. The generously sized primary bedroom offers a peaceful retreat, while the unit’s private setting is enhanced by abundant greenery. A wonderful opportunity to enjoy the tranquility of Kahala Beach with the convenience of being just minutes from Kahala Mall with options of restaurants, shopping and entertainment! Don’t miss this fantastic opportunity!

4999 Kahala Avenue Unit 202, Honolulu

Listing courtesy of REMAX Hawaii.

$50,000
2 Beds ⋅ 2 Baths ⋅ 202615775 MLS ⋅ LH - Leasehold Tenure ⋅ Kahala Beach BLDG.
Enjoy the beauty and serenity of Kahala Beach from this spacious 1,555 sq ft, 2-bedroom, 2-bathroom ground-floor condominium at Kahala Beach Apartments. Ideally located on Kahala Avenue, this fully furnished residence is just steps from the beach and conveniently close to Kahala Hotel, Kahala Mall, restaurants, shopping, and easy access to Honolulu. The generous floor plan features an enclosed lanai that expands the living space and offers a peaceful garden setting. The unit is fully furnished with comfortable Hawaiian-style décor and includes a king bed in the primary bedroom, two queen beds in the second bedroom, and two sofa beds, providing ample space for family and guests. Enjoy the convenience of ground-floor living with easy access to the pool and recreation areas, plus the ability to bypass the elevator. The property also includes one covered garage parking stall and storage. A unique opportunity to own in one of Honolulu’s desirable beachfront communities. The lease term ends July 2027, but you can rent from Kamehameha schools after providing additional time to enjoy or utilize the property. Maintenance fee includes all utilities. Lease rent paid til October 2026!

4999 Kahala Avenue Unit 148, Honolulu

Listing courtesy of JC Hawaii Realty Corp.

$150,000
2 Beds ⋅ 2 Baths ⋅ 202614285 MLS ⋅ LH - Leasehold Tenure ⋅ Kahala Beach BLDG.
This spacious, garden-view gem in prestigious Kahala is beautifully renovated and move-in ready! Featuring 2 bedrooms, 2 baths, 1 covered parking stall, an open floor plan, and an enclosed lanai, this home is just steps from a sandy beach, Kahala Mall, and the iconic Kahala Hotel. Enjoy direct beach access with a protective offshore reef, offering calm waters for swimming, snorkeling, diving, and paddleboarding. Experience the best of island living. Lease expires July 15, 2027.

4999 Kahala Avenue Unit 422, Honolulu

Listing courtesy of REMAX Hawaii.

$495,000
3 Beds ⋅ 3 Baths ⋅ 202614329 MLS ⋅ LH - Leasehold Tenure ⋅ Kahala Beach BLDG.
Experience luxury BEACHFRONT living in prestigious KAHALA! This stunning 3b/3b residence offers direct beach access w/a protective offshore reef, creating calm waters ideal for swimming, snorkeling, diving & paddleboarding. Enjoy unobstructed OCEAN & KOKO HEAD views from the spacious enclosed lanai. Highlights incl: HARDWOOD floors, soaring ceilings, custom cabinetry, central A/C, Sub-Zero & Bosch appliances, wine refrigerator, built-in bookshelves & speakers, Toto toilets, dual water heaters & Water Guard sensors. Rare opportunity to own this beachfront paradise! Lease expires July 15, 2027.

4999 Kahala Avenue Unit 472, Honolulu

Listing courtesy of REMAX Hawaii.

$80,000
2 Beds ⋅ 2 Baths ⋅ 202607653 MLS ⋅ LH - Leasehold Tenure ⋅ Kahala Beach BLDG.
Lease rent paid through September 2026! Perched on the 2nd floor with stunning views of Kahala Beach and the Pacific Ocean, this move-in-ready corner-end condo has been thoughtfully maintained and features upgrades such as updated kitchen and bathrooms, vinyl plank flooring, stainless steel appliances, quartz counters, upgraded cabinets, tiled lanai, plantation shutters and central AC. The covered lanai, framed by floor-to-ceiling glass doors, invite in gentle trade winds and sweeping views of the beach and ocean—an ideal setting for outdoor dining under the stars and moonlight. Bright and inviting, the unit reflects true pride of ownership. This is a leasehold property with a lease expiration date of July 15, 2027, and no option to purchase the fee. Property currently unfurnished; photos taken when previously occupied.

4999 Kahala Avenue Unit 252, Honolulu

Listing courtesy of Five Star Realty, Inc..

$950,000
2 Beds ⋅ 2 Baths ⋅ 202600206 MLS ⋅ LH - Leasehold Tenure ⋅ Sans Souci Inc BLDG.
Experience classic Gold Coast living at Sans Souci. This wonderfully maintained high-floor residence enjoys a view plane that clears the Kaimana Beach Hotel, opening to ocean, palms, and cool tradewinds. The flexible layout lives like a spacious 1-bedroom, with an additional area perfect for guests, office, or a sleeping alcove. A smart opportunity for those who appreciate value - Why tie up millions of dollars in paying for a Fee Simple $3,000,000+ condo when you can buy this $900,000 Leasehold condo that offers a much more affordable way to enjoy the same lifestyle - even with lease rent and maintenance fees (inclusive of taxes, insurance and utilities). Ask us for the breakdown! Plus, the potential to generate income that helps offset monthly fees while still enjoying this unmatched lifestyle location. Currently rented with a 30-day minimum stay requirement. Beloved oceanfront building steps to Kaimana Beach, Outrigger, Kapiolani Park, and Waikiki dining. A special offering combining location flexibility, and oceanfront living.

2877 Kalakaua Avenue Unit 1107, Honolulu

Listing courtesy of Hawaii Modern Realty.

$275,000
3 Beds ⋅ 2 Baths ⋅ 202601168 MLS ⋅ LH - Leasehold Tenure ⋅ Kahala Beach BLDG.
Kahala luxury living in this highly upgraded, single-level ground floor residence with over 2,000sf. This renovated 3 bedroom, 2 bath home is located in sought after oceanfront Kahala Beach condominium just steps from The Kahala Hotel & Resort and Waialae Country Club. Spacious interiors and mountain views. Features include hardwood flooring, a large galley kitchen with granite countertops and custom cabinetry, and elegant baths with backlit onyx countertops, travertine flooring, Toto toilets and premium fixtures. Wine enthusiasts will love the 6 integrated wine vaults with 400-500 bottle capacity. Additional highlights include custom built-in Chinese elm panels for storage, custom window coverings, and Baldwin hardware, reflecting thoughtful design and exceptional craftsmanship. A beautiful sandy beach fronts the building; amenities include a heated pool, exercise room and security. This is a leasehold property. Lease expires July 15, 2027.

4999 Kahala Avenue Unit 101, Honolulu

Listing courtesy of Coldwell Banker Realty.

$175,000
1 Baths ⋅ 202518765 MLS ⋅ LH - Leasehold Tenure ⋅ Diamond Head Bch Hotel BLDG.
OCEAN FRONT ~ GOLD COAST Diamond Head Beach Hotel & Residence is the only building on the Gold Coast that offers legal vacation rentals. Great rental income potential and enjoy the condo amenities at your leisure. Currently owner-managed on vacation rental platforms with the option to use the on-site Hotel Management with front desk operations. Enjoy the beautiful ocean front tropical landscaped grassy lawn. Direct access to the ocean for swimming and sporting. Sans Souci is near-by for beach activities with life-guard. Kapiolani park offers community tennis/pickle ball courts and events. Elk's and Outrigger Canoe Club are next-door along with the Waikiki Aquarium and fine dining. Diamond Head is close enough to enjoy all of Waikiki yet is more of a serene neighborhood embraced with the spirit of Aloha. Plenty of street parking free/metered is available and also gated garage parking (fee). Security guard on-site nightly, FOB gated access, security cameras and fire sprinklers. Showings by appointment subject to bookings. This is a Lease-Hold property, contact Listing Agent for more information. ~Mahalo

2947 Kalakaua Avenue Unit 302, Honolulu

Listing courtesy of Hawaii Americana Realty.

$300,000
202505404 MLS ⋅ LH - Leasehold Tenure
Well-established and beloved authentic Japanese restaurant, proudly serving the community since 2000. Situated in the heart of the popular Kaimuki neighborhood, this local favorite has built a strong reputation, attracting a dedicated base of loyal customers. Turn-key, ready for seamless ownership transition. Sale is subject to landlord approval. Lease is NNN, with the listed rent reflecting base rent only.

3565 Waialae Avenue Unit 108, Honolulu

Listing courtesy of Coldwell Banker Comm 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.