Kauai Homes with Leasehold Land tenure

Kauai Homes with Leasehold Land tenure

Welcome to the enchanting island of Kauai, often referred to as the "Garden Isle" for its lush landscapes and breathtaking natural beauty. Nestled in the heart of Hawaii, Kauai is renowned for its dramatic cliffs, pristine beaches, and vibrant rainforests, making it a paradise for nature lovers and adventure seekers alike. Whether you're exploring the stunning Na Pali Coast, hiking through the breathtaking Waimea Canyon, or relaxing on the tranquil shores of Hanalei Bay, Kauai offers an unparalleled escape from the hustle and bustle of everyday life.

When considering a home on this idyllic island, it's essential to understand the unique real estate landscape, particularly regarding leasehold land tenure. In Kauai, many properties are offered as leasehold, meaning that you own the home but lease the land it sits on from a landowner, typically for a long-term period. This arrangement can provide a more affordable entry point into the Kauai real estate market, allowing you to enjoy the island's lifestyle without the higher costs associated with fee-simple properties.

Leasehold homes often come with specific terms and conditions, so it’s vital to work with a knowledgeable real estate agent who can guide you through the process. With a leasehold property, you can still experience the charm and beauty of Kauai while enjoying the benefits of island living. Whether you're looking for a cozy cottage or a luxurious oceanfront retreat, Kauai's diverse real estate options ensure there's something for everyone. Embrace the spirit of Aloha and make your dream of island living a reality on this breathtaking Hawaiian gem!

Newest Kauai Homes with Leasehold Land tenure

$1,995,000
3 Beds 3 Baths 728017 MLS ['Leasehold'] Tenure
This is a leasehold property. Ideal property for 1031 Exchange. Reliable rental income property. This is a unique property with panoramic ocean views, three vertical units, each rental unit comprises four floors. Each Unit has: The Ground floor is a 2-car enclosed garage. The 2nd Floor is the Kitchen/dining room, full bath, and lanai/bedroom or officeThe 3rd Floor is a large living room, bedroom, and loft, with a lanai that leads to the 4th floor deck The 4th Floor is a rooftop deck with 360 degree panoramic ocean and mountain views. There is virtually nothing that compares with the experience of seeing Kapaa in a way that very few will ever have. The covered lanai decking is sealed with Elastomeric Roof Coating. Total sq footage for all 3 units is 4,536.and is designated "live/work by the County of Kauai. The building is located in downtown Kapaa, two blocks from the ocean/beach park and the oceanfront bike/walking path. Restaurants, coffee shops, grocery stores, banks, and public transportation are within walking distance. Architectural drawings, for 6 additional rental units, will be prepared next month and submitted for permit approval in Dec. I would estimate the income to be $3,500. per unit x 6 = $21k a mo- Insurance, P Taxes thus the net, assuming no debt would be approx $18,500 mo + the existing building's Gross of $11,100 Mo, paying the approx $2,300 mo ground lease, P Taxes and Insurance, Existing Netting $8,500 Mo. + Estimated Total ,would be $27,000. Mo . See the attached rendering of the proposed 6 units. The ground lease extends to 2083 and is extendable.Existing Tri- Plex ( with 3 -2 car garages ) June 1, 26 will be ,per leases $12,550. mo Gross Proposed 2 -3 unit buildings over existing parking. 1 June, 27 Projection $24,000. Mo Gross.Proposed 9 unit gross rent is projected to be $36,550. MoThe property is lease Hold with known ground rent rates through 2084 ,lease is extendable then.The current monthly

4597 Lehua St Unit 3, KAPAA

Listing courtesy of eXp 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.