West Homes with Leasehold Land tenure

Welcome to Lahaina, a picturesque gem nestled on the stunning island of Maui, Hawaii. Renowned for its rich history and vibrant culture, Lahaina offers a unique blend of small-town charm and breathtaking natural beauty. Once the capital of the Hawaiian Kingdom, this coastal town is steeped in tradition, with historic sites, art galleries, and lively festivals that celebrate its heritage.

One of the distinctive features of Lahaina’s real estate market is the prevalence of homes situated on leasehold land. This means that while you can own the home itself, the land it sits on is leased from a landowner, typically for a long-term period ranging from 30 to 99 years. This unique tenure can offer a more affordable entry point into the Lahaina housing market, allowing residents to experience the island lifestyle without the hefty price tag often associated with fee-simple properties.

Living in Lahaina means immersing yourself in the beauty of the Pacific Ocean, with stunning sunsets and pristine beaches just minutes away. The community is known for its friendly atmosphere, making it an ideal place for families, retirees, and anyone looking to embrace the aloha spirit. With a variety of restaurants, shops, and outdoor activities, there’s always something to explore.

Whether you’re searching for a vacation home, a permanent residence, or an investment opportunity, Lahaina’s leasehold properties provide a unique chance to call this enchanting part of Maui your own. Discover the magic of Lahaina, where island living meets modern convenience.

Newest West Homes with Leasehold Land tenure

$3,200,000

4 Beds ⋅ 4 Baths ⋅ 408905 MLS ⋅ Leasehold Tenure

Also listed as Condo MLS#408904. Pass through your own private gate within the coveted Alaeloa oceanfront community and embrace the old Hawaiiana charm in the "Pebble Beach of the Pacific". Residence 9 offers an exceptional blend of privacy, scale, and classic island character just moments from the shoreline. This expansive four-bedroom, four-bath detached condominium lives like a single-family home and spans approximately 4,000 square feet of interior space, designed to bring the outdoors in. Uniquely situated, this residence is the only home in Alaeloa with its own direct access to the community's oceanfront cove and heated saltwater pool area-placing turquoise seas and abundant water sport opportunities just a short stroll from your door. Upper and lower-level lanais capture ocean views and gentle trade winds, the ideal setting for entertaining, dining, or simply unwinding in the unforgettable tropical setting. Inside, the flexible floor plan comfortably accommodates large gatherings (up to 16) or extended stays. The spacious primary suite features a private en-suite bath, while additional bedroom suites offer guest privacy and convenience. A bonus flex room allows for additional sleeping quarters, office, or media space depending on lifestyle needs. The home's lush surroundings showcase mature tropical landscaping, flowering plants, and natural privacy screening, reinforcing the tranquil atmosphere that defines Alaeloa. Residents benefit from on-site management and full-time grounds maintenance, ensuring the community remains meticulously maintained year-round. Located minutes from world-class destinations including The Kapalua and Kaanapali Resorts, this residence combines serene seclusion with convenient access to dining, golf, and recreation. With Alaeloa allowing one vacation rental per month, you can offset your expenses when not in residence. Alaeloa is a leasehold property. Leasehold disclosure to be provided during the escrow process. This is a Residential CPR.

20 Hui I Rd, Lahaina

Listing courtesy of Coldwell Banker Island Prop(S).

$1,695,000

3 Beds ⋅ 2 Baths ⋅ 408865 MLS ⋅ Leasehold Tenure

Also listed as Condo - 408707 Discover refined island living in this beautifully remodeled stand-alone cottage at Alaeloa, one of West Maui's most sought-after communities. Unit 37 offers three bedrooms and two bathrooms, tastefully updated with a fresh, contemporary aesthetic that complements its relaxed coastal setting. Designed for indoor-outdoor living, the home opens to an oversized lpe wood lanai-an ideal space for entertaining, dining, or simply unwinding amid tropical surroundings. Step directly from the lanai onto one of the largest lawn areas in Alaeloa, offering exceptional space for keiki and relaxed outdoor enjoyment. The thoughtful interior layout with enclosed laundry area and oversized watersports storage area provides a single-family home feel, with lock and leave functionality. Unit 37 is conveniently located within walking distance to the Alaeloa Pavilion featuring an expansive mango grove, a private oceanfront saline pool and access to a magical cove for snorkeling, paddle boarding, surfing and swimming with "Honu", Maui's native sea turtles. Alaeloa is a gated community just south of Kapalua Resort consisting of 42 homes and duplexes on 13.35 acres which includes an on-site Manager's Cottage, manicured grounds, a dedicated landscaping staff and abundant open space. Alaeloa allows one short term vacation rental per month, providing an opportunity to generate income to offset expenses, when not in residence. Alaeloa is a leasehold property. Leasehold disclosure to be provided during the escrow process. This is a Residential Condominium property.

20 Hui Rd I Unit 37, Lahaina

Listing courtesy of Coldwell Banker Island Prop-KP.

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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.