Leasehold Property in Honolulu. Experience island living at its finest in this stunning Hawaiian Homelands home nestled in the highly desirable neighborhood of Papakolea. Step outside to the expansive lanai and soak in the breathtaking, panoramic views of Diamond Head, peekaboo ocean scenes and majestic mountains. The main floor has a large open concept living area with 3 bedrooms and 2.5 baths. Additional studio in the rear off the covered patio that can used for gatherings or just enjoying the outdoors. Large storage area on the bottom floor with a full bath or can be used as a workroom. New roof, flooring and interior and exterior paint completed in 2023. Lots of pockets of lawn area for gardening. Conveniently located near schools, shopping, and dining, this home offers the perfect combination of functionality and tranquility. Don't miss this rare opportunity. Schedule a showing today and make owning your dream home a reality! Purchaser must be at least 50% Hawaiian and on the Hawaiian Home Lands waitlist. This is a leasehold property.
Property Details
Amenities
Full Bath on 1st Floor, Landscaped, Patio/Deck, Storage, Wall/Fence, Workshop
Construction Materials
Single Wall, Wood Frame
Flooring
Laminate
Location
Inside
Neighborhood
Papakolea
Parking Features
3 Car+, Driveway, Street
Parking Total
4
Property Frontage
Other
Property Type
Residential
Security Features
Key
Living Area SqFt
1,042
Total SqFt
1,042
Status
Active
View
City, Mountain(s), Ocean
Year Built
1977
Additional Property Info
Days on Market
93
Flood Zone
Zone X
Lease Expiration Date
10/27/2050
Lease Fee Month
$1
Property Condition
Above Average
Roof
Asphalt Shingle
Tax Amount
$25
Tax Assessed Value
$1,212,400
Tax Assessed Value Improvements
$225,200
Tax Assessed Value Land
$987,200
Topography
Down Slope
Utilities
Cable, Overhead Electricity, Public Water, Sewer Fee
Courtesy of Anne Curran, eXp Realty. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.