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Leasehold Property in Honolulu. Experience island living at its finest in this stunning Hawaiian Homelands home nestled in the highly desirable neighborhood of Papakolea. Step outside to the expansive lanai and soak in the breathtaking, panoramic views of Diamond Head, peekaboo ocean scenes and majestic mountains. The main floor has a large open concept living area with 3 bedrooms and 2.5 baths. Additional studio in the rear off the covered patio that can used for gatherings or just enjoying the outdoors. Large storage area on the bottom floor with a full bath or can be used as a workroom. New roof, flooring and interior and exterior paint completed in 2023. Lots of pockets of lawn area for gardening. Conveniently located near schools, shopping, and dining, this home offers the perfect combination of functionality and tranquility. Don't miss this rare opportunity. Schedule a showing today and make owning your dream home a reality! Purchaser must be at least 50% Hawaiian and on the Hawaiian Home Lands waitlist. This is a leasehold property.