Waianae, HI · Curated MLS Search

Homes with Lease Option in Waianae, HI

An editorially curated view of every active homes with lease option listing in Waianae, HI. Updated in real time from the local MLS, presented without the noise.

Browse Active Listings

Waianae Market — Homes with Lease Option Comparison

Live MLS data — citywide vs. Homes with Lease Option

Waianae
Homes with Lease Option
inventory
Active Listings
240
2
Sold (Past 6 Mo.)
166
2
Under Contract
62
2
pricing
Avg. List Price
$741,448
$145,450
Cost / Sq. Ft.
$483
$163
typical home
Living Area
1,299 ft²
883 ft²
Avg. Beds
3.4
2.5
Avg. Baths
2.0
1.5
Days on Market
124
294

Homes with Lease Option in Waianae: Market Data

Data as of (MLS snapshot; listings below update live)

KEVIN PEDERSEN | RS-77808's review of MLS data as of October 20, 2026 shows 2 active listings for Waianae homes with lease option. Listings like these do not come up often in Waianae. These listings made up about 1% of the 240 active listings in Waianae, across every property type. In addition, 2 listings were under contract, and 2 sold over the past six months. In a market this small, a listing alert is the most reliable way to hear about the next one.

Homes with Lease Option in Waianae, HI, October 20, 2026
MeasureValue
Active listings2
All active listings in Waianae, every property type240
Under contract2
Sold, past six months2

Homes with Lease Option in other cities

Market questions

How many Waianae homes with lease option are on the market?

There were 2 Waianae homes with lease option for sale as of October 20, 2026, based on KEVIN PEDERSEN | RS-77808's review of MLS data.

How do Waianae homes with lease option compare with other cities?

As of October 20, 2026, there were 2 Waianae homes with lease option for sale. In the same search, Honolulu had 3 homes with lease option for sale, Diamond Head had 1 active listing for homes with lease option and Waipahu had 1 active listing for homes with lease option.

How many Waianae homes with lease option sold recently?

2 Waianae homes with lease option sold in the six months before October 20, 2026.

How many Waianae homes with lease option are under contract?

As of October 20, 2026, 2 Waianae homes with lease option were under contract.

How do Waianae homes with lease option compare with all active listings in Waianae?

As of October 20, 2026, there were 2 Waianae homes with lease option for sale, out of 240 active listings in Waianae across every property type.

Listing data courtesy of HiCentral MLS, Ltd.

Next Steps in Waianae, HI

Speak with an Agent

Call (808) 398-4147

Local Waianae, HI expertise

Data Brief

Full Waianae, HI Market Report

Pricing trends & absorption

Browse Everything

All Waianae, HI Listings

Every active property

Direct Inquiry

Request a Callback

Reply from KEVIN PEDERSEN | RS-77808
← Back to Waianae, HI Homes for Sale

View All Waianae HI Homes with Lease Option Listings

84-754 Ala Mahiku Street Unit 45A, Waianae image
84-754 Ala Mahiku Street Unit 45A, Waianae — Makaha Valley Pltn $121,000

Furnished and ready to enjoy, step into the relaxed rhythm of island living with this LEASEHOLD two-bedroom condo in the lush and scenic Makaha Valley Plantation. The le...

  • 2 Beds
  • 1 Baths
  • 202619425 MLS
  • LH - Leasehold Tenure
  • Makaha Valley Pltn Bldg.
  • 8 DOM
85-260 Ala Hema Street Unit D, Waianae image
85-260 Ala Hema Street Unit D, Waianae — Ulu Wehi $170,000

Great First-Time Homebuyer Opportunity! Become a homeowner today! This beautifully maintained LEASEHOLD property is priced well below market value—an incredible opport...

  • 4 Beds
  • 2 Baths
  • 202611075 MLS
  • LH - Leasehold Tenure
  • Ulu Wehi Bldg.
  • 100 DOM
85-105 Ala Akau Street Unit J, Waianae image
85-105 Ala Akau Street Unit J, Waianae — Ulu Wehi $100,000

Single level with covered parking! Unlock the potential of this leasehold opportunity - with the option to extend the lease through 2055 when financed with a mortgage. Th...

  • 4 Beds
  • 2 Baths
  • 202608147 MLS
  • LH - Leasehold Tenure
  • Ulu Wehi Bldg.
  • 182 DOM
85-128 Ala Walua Street Unit B, Waianae image
85-128 Ala Walua Street Unit B, Waianae — Ulu Wehi $100,000

Unlock the potential of this leasehold opportunity with the option to extend the lease through 2055 when financed with a mortgage. This spacious two-story unit features a...

  • 3 Beds
  • 2 Baths
  • 202607654 MLS
  • LH - Leasehold Tenure
  • Ulu Wehi Bldg.
  • 145 DOM
85-135 Ala Akau Street Unit H, Waianae image
85-135 Ala Akau Street Unit H, Waianae — Ulu Wehi $225,000 ▼

This leasehold single-level home shows as a 5-bedroom and offers a lot of flexibility for different living situations. The layout gives you extra room to spread out, whet...

  • 4 Beds
  • 1 Baths
  • 202604734 MLS
  • LH - Leasehold Tenure
  • Ulu Wehi Bldg.
  • 242 DOM
85-152 Ala Walua Street Unit B, Waianae image
85-152 Ala Walua Street Unit B, Waianae — Ulu Wehi $169,900 ▼

Step into an affordable first home that delivers comfort, ease, and a great start to your homeownership journey. This newly remodeled two story townhome provides a comfor...

  • 3 Beds
  • 2 Baths
  • 202528454 MLS
  • LH - Leasehold Tenure
  • Ulu Wehi Bldg.
  • 302 DOM
85-118C Ala Walua Street Unit 84, Waianae image
85-118C Ala Walua Street Unit 84, Waianae — Waianae Commun Dev Proj $190,000

20 Years remaining on this long lease until 2044 with the option to extend to 2055 for financing! Low lease rent of only $57/month and pet-friendly! This residence offers...

  • 3 Beds
  • 2 Baths
  • 202319504 MLS
  • LH - Leasehold Tenure
  • Waianae Commun Dev Proj Bldg.
  • 315 DOM

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.