Kapalama Homes with Fee Simple Land tenure

Kapalama Homes with Fee Simple Land tenure

Welcome to Kapalama, a vibrant neighborhood nestled in the heart of Honolulu, Hawaii. Known for its rich cultural heritage and welcoming community, Kapalama offers a unique blend of urban convenience and island charm. With its lush landscapes, stunning views, and proximity to the bustling city life of Honolulu, Kapalama is an ideal place for those seeking a balanced lifestyle.

One of the standout features of homes in Kapalama is the availability of Fee Simple land tenure. This means that homeowners have complete ownership of both the property and the land it sits on, providing a sense of security and investment for the future. Whether you’re a first-time buyer looking for a cozy starter home or a seasoned investor seeking a lucrative opportunity, Kapalama’s diverse real estate market has something for everyone.

The neighborhood is well-connected, with easy access to major highways and public transportation, making commuting a breeze. Residents enjoy a variety of amenities, including local shops, restaurants, and parks, all within walking distance. Kapalama is also home to several schools, making it a family-friendly area that fosters a strong sense of community.

With its beautiful landscapes, rich history, and exceptional real estate opportunities, Kapalama is more than just a place to live; it’s a place to thrive. Discover the charm of this unique neighborhood and explore the possibilities that await you in your new home. Embrace the aloha spirit in Kapalama, where every day feels like a vacation!

Newest Kapalama Homes with Fee Simple Land tenure

$1,230,000
11 Beds ⋅ 6 Baths ⋅ 202613482 MLS ⋅ FS - Fee Simple Tenure
Excellent opportunity for owner-occupants or investors! Live in one area while generating rental income from the remaining living areas. This spacious home offers approximately 2,704 sq.ft. of living area on a 4,879 sq.ft. lot, featuring 11 bedrooms and 6 bathrooms. Flexible layout offers multigenerational living or investment potential. Enjoy a large rooftop lanai, owned photovoltaic system, and a convenient location near schools, shopping, restaurants, bus lines, and freeway access. Located on a quiet cul-de-sac. Property to be sold As Is. Buyer to conduct their own due diligence regarding permits, legality, use, and improvements. Photos have been enhanced.

1015 Noble Lane, Honolulu

Listing courtesy of Five Star Realty, Inc..

$1,500,000
5 Beds ⋅ 2 Baths ⋅ 202612167 MLS ⋅ FS - Fee Simple Tenure
Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage — suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8–9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals. Conditional Use Permit (CUP) — Protected Commercial Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point.

1104 Palama Street, Honolulu

Listing courtesy of Fogarty Realty, Inc..

$1,260,000
8 Beds ⋅ 5 Baths ⋅ 202611737 MLS ⋅ FS - Fee Simple Tenure
Spacious 8 bedrooms and 4.50 bath home with ample parking. Great opportunity for multi-generational living. Two-story dwelling with hollow tiles exterior wall down stairs. Upstairs has 3 bedrooms, 1 full bath and a half bath. First level features 3 bedrooms, 2 full baths, and a family room while rear portion of the lower level has 2 bedrooms, 1 full bath and a rec room - renovated a year ago. Driveway on the side of the carport can accommodate additional 2 cars. Short distance from bus route, schools and more. Monthly property tax is based on year 2025. Property to be Sold In As Is Condition. Number of bedroom and bathroom may not match Public Tax Office Record. Please DO NOT Disturb Tenant. Listing agent must be there for all showings.

2004 Ahuula Street, Honolulu

Listing courtesy of Honland Realty.

$749,000
6 Beds ⋅ 4 Baths ⋅ 202611416 MLS ⋅ FS - Fee Simple Tenure
?? PRICE IMPROVEMENT – NOW $749,000! Fee Simple 6-bedroom, 4-bath home built in 2017 with NO HOA fees! Offering approximately 1,584 sq. ft. of interior living space, this well-maintained two-story residence features granite countertops, rich wood cabinetry, updated bathrooms with walk-in showers, split AC units, ceiling fans, and easy-care tile and laminate flooring throughout. The flexible floor plan offers a variety of possibilities, making it ideal for extended family living, multi-generational households, guests, home offices, or buyers seeking added versatility. Conveniently located in Kapalama, this home is just minutes from Downtown Honolulu, schools, shopping, dining, freeway access, and public transportation. Enjoy the benefits of modern construction, Fee Simple ownership, and no monthly maintenance fees in a convenient in-town location. Property does not include parking. Buyer to conduct their own due diligence regarding the property's potential uses and rental possibilities. While the property does not include on-site parking, its central location makes it an excellent option for buyers who utilize public transportation and rideshare services!

824 Lopez Lane Unit B, Honolulu

Listing courtesy of Michael Moran & Associates.

$850,000
3 Beds ⋅ 2 Baths ⋅ 202609894 MLS ⋅ FS - Fee Simple Tenure
Exceptional opportunity at 823 Gulick Ave, listed at appraised value and featuring desirable IMX-1 zoning. This 3-bedroom, 2-bath residence offers 1,016 sq ft of interior living space on a 3,195 sq ft lot, providing flexibility and potential in a centrally located area. The functional layout offers comfortable everyday living with space to make your own, while the property’s zoning adds additional appeal for buyers seeking future possibilities. Conveniently located near shopping, dining, freeway access, and everyday essentials, this is a rare opportunity to own a property with both value and versatility. Sold in As-Is Condition. Don’t miss your chance to explore the potential this property has to offer!

823 Gulick Avenue, Honolulu

Listing courtesy of REMAX Hawaii.

$675,000
5 Beds ⋅ 2 Baths ⋅ 202607290 MLS ⋅ FS - Fee Simple Tenure
Property to be sold "AS-IS". Sellers will not repair or give any Sellers credit. Location, Location, Location!!! Home is right next to H-1 freeway, a minute walk to bus stops, grocery stores, etc. This is a good investment opportunity for investors, and endless potential to a Buyer willing to renovate this property into their dream home. Don't miss out - this opportunity won't last long.

946 Halona Street, Honolulu

Listing courtesy of Coldwell Banker Realty.

$950,000
6 Beds ⋅ 2 Baths ⋅ 202605813 MLS ⋅ FS - Fee Simple Tenure
Fantastic multi-family living or investment opportunity! Hollow tile 2 story home with separate living areas and entrances; 3BR, 1BA Upstairs and 3BR, 1BA Downstairs. 11 PV panels, 2 car carport, completely fenced yard. Zoned IMX-1. Upstairs hardwood flooring has termite damage and needs repair or replacement. 3D Virtual Tour Available.

760 Kopke Street, Honolulu

Listing courtesy of Island, REALTORS.

$3,588,000
6 Beds ⋅ 3 Baths ⋅ 202518095 MLS ⋅ FS - Fee Simple Tenure
A building and a well established grocery convenience store, liquor store, water refilling station, ATM machine in a thickly populated location. This business has been operating for 19 years and successful in maintaining customers and services and reputation. The business offers great opportunity as sale includes the business inventories, equipment, appliances plus 6 bedroom, 2 bath on the second floor. Also, 6 parking stalls and owned photovoltaic solar panels. A rate opportunity to takeover owning a building & profitable business with successful operation.

721 Mokauea Street, Honolulu

Listing courtesy of West Oahu Realty, Inc..

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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.