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$1,079,000
Property Description
Watermark is one of the premiere condominium buildings in Waikiki! Preferred rarely available "01" corner unit on the lower floor with eye-level view of the boat harbor, ocean and common area of landscaped tropical garden. Additional windows in the kitchen, dining area and main bedroom for extra comfort. Conveniently located to many of the shopping and eating establishments in Waikiki, as well as Ala Moana Shopping Center and Ala Moana Beach Park. This unit offers newly installed flooring, new paint & new refrigerator. Unit taken off the market (Aug 14 - Nov 24, 2025) for renovation. Well planned layout provides both convenience and privacy. Building amenities include heated swimming pool & spa, gym, meeting room, sauna, BBQ area, beautiful garden area with walking path. Two reserved covered parking stalls & storage locker. Concierge desk and 24 hour security.
Full Property Details
Full Property Details for 1551 Ala Wai Blvd #401
General
- Price: $1,079,000
- HOA FEE: $2,002
- Taxes: $6,468
- Status: Active
- Type: Condo
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202511076
- Updated: 1/13/2026
- Added to Site: 262 day(s) ago
Rental Information
- Complex Features: Barbecue, Community Pool, Conference/Meeting Room, Deck/Porch, Fitness, Patio, Pool, Recreation Area, Sauna, Storage Facilities, Trash Chute
Interior
- Interior Features: Bedroom on Main Level, Full Bath on Main Level, Storage
- Furnishings: Partially
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Management
- Pool: Yes
- Pool Description: Heated
- Spa Description: Community
- Security/Safety: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Door Man, Fire Sprinkler System, Security Guard
Parking
- Total Spaces: 2
- Parking Features: Assigned, Covered, Guest, Two Spaces, On Street, Secured
Location
- Area: Metro
- County: Oahu
- Subdivision: WAIKIKI
- Building Name: The Watermark
School Information
- Elementary School: Jefferson
- Middle School: Washington
- High School: Kaimuki
Community
- Assoc. Fees Include: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Sewer, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Structural Information
- Architectural Style: High Rise
- Detached/Attached: Detached
- Construction: Masonry, Concrete, Stucco
- Entry Floor Number: 4
- Square Feet: 1,264
- Living Area: 1,196 Sq. Ft.
- Year Built: 2008
- Property Condition: Good Condition, Updated/Remodeled
Lot Features
- Property View: Canal
- Zoning: X2 - Apartment Precinct
Water Features
- Water View: Yes
Financial Considerations
- Maint. Fee: $2,002
- Maint. Fee/Month: $2,002
- Assessment Amount: $1,217,000
- Tax Amount: $6,468
Disclosures and Reports
- Special Conditions: None
- Inclusions: AC Central, Auto Garage Door Opener, Blinds, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
- Disclosures/Reports: Seller Disclosure
- Disclosures/Rstr.: Seller Disclosure
- Property ID: 1-2-6-011-001-0014
Listed by Diamond Head Realty
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Schools
Schools serving 1551 Ala Wai Blvd #401
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
President Thomas Jefferson Elementary School 324 Kapahulu Avenue, Honolulu, HI 96815 | PK-5 | 1.6 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 0.6 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1551 Ala Wai Blvd #401
Date
Details
Price
Change
Source
12/23/2025
Price Reduced
$1,079,000
-8.56%
MLS
5/01/2025
Listed
$1,180,000
21.65%
MLS
2/10/2015
Sold
$970,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1551 Ala Wai Blvd #401
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,474
51%
$1,345,800
11%
2023
$4,285
-10%
$1,217,000
19%
2022
$4,752
49%
$1,025,000
—
2021
$3,189
—
$1,024,000
12%
2021
$3,189
—
$911,200
-7%
2021
$3,189
-4%
$981,800
3%
2019
$3,336
9%
$953,200
9%
2018
$3,072
—
$877,700
—
2017
$3,067
-53%
$876,400
-19%
2016
$6,506
3%
$1,084,400
3%
2015
$6,296
83%
$1,049,400
7%
2014
$3,441
—
$983,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1551 Ala Wai Blvd #401
1551 Ala Wai Boulevard #401, Honolulu, HI 96815 (MLS# 202511076) is a Condo property with 2 bedrooms and 2 full bathrooms. 1551 Ala Wai Boulevard #401 is currently listed for $1,079,000 and was received on May 01, 2025. Want to learn more about 1551 Ala Wai Boulevard #401? Do you have questions about finding other Condo real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.
