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$725,000
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Property Description
Exceptional investment opportunity at Waikiki Sunset! This beautifully maintained 1-bedroom, 1-bath residence offers the perfect combination of personal enjoyment and income potential. Located in one of Waikiki's most sought-after resort-zoned buildings, the unit features a functional floor plan, full kitchen, private lanai, and abundant natural light. Just a short stroll to world-famous Waikiki Beach, Kapiolani Park, restaurants, shopping, and entertainment. Resort-style amenities include a swimming pool, fitness center, BBQ area, tennis court, 24-hour security, and more. Whether you're looking for a vacation getaway, an investment property, or both, this is an outstanding opportunity to own in the heart of Waikiki. If the buyer is considering transitioning the unit to a vacation rental, the seller is open to negotiating a credit toward furniture replacement to help facilitate the conversion.
Full Property Details
Full Property Details for 229 Paoakalani Ave #1501
General
- Price: $725,000
- HOA FEE: $1,103
- Taxes: $6,153
- Status: Active
- Type: Condo
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202616486
- Updated: 8/31/2026
- Added to Site: 23 day(s) ago
Rental Information
- Complex Features: Barbecue, Community Pool, Conference/Meeting Room, Fitness, Laundry Facilities, Pool, Recreation Area, Condo Hotel Community
Interior
- Furnishings: Negotiable
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Security/Safety: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Security Guard
Parking
- Total Spaces: 1
- Parking Features: Covered, One Space, Unassigned
Location
- Area: Metro
- County: Oahu
- Subdivision: WAIKIKI
- Building Name: Waikiki Sunset
Community
- Assoc. Fees Include: Cable TV, Electricity, HVAC, Hot Water, Sewer, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Structural Information
- Architectural Style: High Rise
- Detached/Attached: Detached
- Construction: Concrete
- Entry Floor Number: 15
- Square Feet: 601
- Living Area: 546 Sq. Ft.
- Year Built: 1979
- Property Condition: Good Condition
Lot Features
- Property View: City, Mountain(s)
- Mountain views: Yes
- Lot Size: 49963
- Zoning: X2 - Apartment Precinct
Financial Considerations
- Other Assoc Fees: $264
- Maint. Fee: $1,103
- Maint. Fee/Month: $1,103
- Assessment Amount: $669,600
- Tax Amount: $6,153.24
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Inclusions: AC Central, Cable TV, Disposal, Microwave, Range/Oven, Refrigerator, Security System, Smoke Detector
- Disclosures/Reports: None
- Disclosures/Rstr.: None
- Property ID: 1-2-6-028-011-0107
Listed by YourTurn Inc
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Schools
Schools serving 229 Paoakalani Ave #1501
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
President Thomas Jefferson Elementary School 324 Kapahulu Avenue, Honolulu, HI 96815 | PK-5 | 0.1 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 1.7 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 229 Paoakalani Ave #1501
Date
Details
Price
Change
Source
8/31/2026
Listed
$725,000
27.47%
MLS
4/17/2025
Sold
$568,750
—
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 229 Paoakalani Ave #1501
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,150
—
$669,600
9%
2025
$2,150
28%
$614,300
-3%
2023
$1,675
-5%
$635,000
33%
2022
$1,763
2%
$478,600
-5%
2021
$1,732
—
$503,600
2%
2021
$1,732
—
$494,800
-6%
2021
$1,732
-5%
$526,600
1%
2019
$1,830
11%
$522,900
11%
2018
$1,645
24%
$470,000
24%
2017
$1,325
-9%
$378,500
-9%
2016
$1,460
-4%
$417,000
-4%
2015
$1,525
28%
$435,700
9%
2013
$1,196
—
$400,300
—
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 229 Paoakalani Ave #1501
229 Paoakalani Avenue #1501, Honolulu, HI 96815 (MLS# 202616486) is a Condo property with 1 bedroom and 1 full bathroom. 229 Paoakalani Avenue #1501 is currently listed for $725,000 and was received on August 31, 2026. Want to learn more about 229 Paoakalani Avenue #1501? Do you have questions about finding other Condo real estate for sale in Waikiki? You can browse all Waikiki real estate or contact a Coldwell Banker agent to request more information.

