South Hilo Homes with Leasehold Land tenure

Welcome to South Hilo, a captivating gem nestled on the eastern shores of the Big Island of Hawaii. Known for its lush landscapes, vibrant culture, and stunning ocean views, South Hilo offers a unique blend of natural beauty and island charm. This region is characterized by its tropical climate, which nurtures a diverse array of flora and fauna, making it a paradise for nature lovers and outdoor enthusiasts alike. From the breathtaking Akaka Falls to the serene beaches along the coastline, South Hilo is a haven for those seeking adventure or tranquility.

One of the distinctive features of the real estate market in South Hilo is the availability of homes with leasehold land tenure. Unlike freehold properties, which grant full ownership of both the home and the land, leasehold properties allow buyers to purchase the home while leasing the land from a third party, typically for a long-term period. This arrangement can offer a more affordable entry into this beautiful region, making it an attractive option for first-time buyers or those looking for a vacation home in paradise.

Living in South Hilo means immersing yourself in the rich local culture, enjoying delicious cuisine, and participating in vibrant community events. With its close-knit atmosphere and friendly residents, you’ll find that this charming town is not just a place to live, but a place to thrive. Whether you’re drawn to the lush landscapes, the cultural experiences, or the unique real estate opportunities, South Hilo welcomes you to discover your slice of paradise.

Newest South Hilo Homes with Leasehold Land tenure

$350,000

3 Beds ⋅ 3 Baths ⋅ 727502 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property.

101 Kilua Rd, HILO

Listing courtesy of Keller Williams Honolulu.

$350,000

3 Beds ⋅ 3 Baths ⋅ 202528229 MLS ⋅ LH - Leasehold Tenure

Hawaiian Home Lands in Kaumana (Hilo). This is a leasehold property purchaser must be at least 50% Hawaiian.

101 Kilua Road, Hilo

Listing courtesy of Keller Williams Honolulu.

$425,000

3 Beds ⋅ 2 Baths ⋅ 725574 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property. Keaukaha Hawaiian Homes-Renovated 5 bedroom, 2 baths, large 21,155 sq. ft.lot. Near Keaukaha Beach Park/ Puhi Bay in Hilo. Purchaser must be at least 50% Hawaiian.

203 Todd Ave, HILO

Listing courtesy of Keller Williams Honolulu.

$200,000

3 Beds ⋅ 2 Baths ⋅ 723322 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property. Buyer must be on the Hawaiian Homes List with the Department of Hawaiian Homelands to purchase. Located in the heart of Keaukaha, this Leasehold Hawaiian Homestead property is truly a hidden gem. Known for its strong sense of community and close proximity to the ocean, Keaukaha is one of Hilo’s most special and sought-after neighborhoods. Just minutes from the beach and only 15 minutes to downtown Hilo, the location offers the best of island living. This 3-bedroom, 2-bathroom home offers a generous layout with plenty of room to grow. While the condition is below average and will require renovation, it's a great opportunity for someone looking to restore or reimagine a property in a prime location.

236 Lyman Ave, HILO

Listing courtesy of Coldwell Banker 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.