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$1,485,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 835 Sq. Ft.
  • 2987 Kalakaua
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JUST REDUCED!! -- TO ONLY $1,485,000!!!! 7TH FLOOR OCEANFRONT PENTHOUSE GOLD COAST APT WITH UNBELIEVABLY GORGEOUS OCEAN VIEWS right at the Ocean's edge, looking directly at surfers, sail craft, yachts and sometimes frolicking Tortoises and Spouting Whales!! Take pleasure in its Incredible Location and beautiful views of the full range of Extraordinary Blue Ocean Hues. Look over famous Surf Spots and farther out to the Horizon from this treasured Site on the Ocean at Stunning Diamond Head! The Sunsets are breathtaking. When you swim here, you are likely to find several natural gentle whirlpools which spill into the Ocean from the cool mountain streams of the Ko'olau Mountains , which rise behind Diamond Head. The phenomenon of these many streams endlessly gushing into this treasured stretch of coastline draws praise from people from all over the World. Perfect Weather, Gentle Breezes and the startling Indigo of the Pacific at your doorstep and Lanai - are stunning attractions unique to this spot. Outrigger Canoe Club and Diamond Head Elks Club are oceanfront just a short walk away...as is legendary romantic Michel's Restaurant. Come to Paradise!! Do Not Miss this Incredible Value.

Full Property Details for 2987 Kalakaua Ave #706

General

  • Price: $1,485,000
  • HOA FEE: $940
  • Taxes: $7,236
  • Status: Active
  • Type: Condo
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202501226
  • Updated: 11/10/2025
  • Added to Site: 378 day(s) ago

Rental Information

  • Complex Features: Deck/Porch, Laundry Facilities, Patio, Gated

Interior

  • Interior Features: Bedroom on Main Level
  • Furnishings: Partially
  • Flooring: Marble, Other

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Security/Safety: Closed Circuit Camera(s), Gated Community, Key Card Entry

Parking

  • Total Spaces: 1
  • Parking Features: Assigned, Covered, One Space, Secured

Location

  • Area: DiamondHd
  • County: Oahu
  • Subdivision: DIAMOND HEAD
  • Building Name: 2987 Kalakaua

Community

  • Gated community: Yes
  • Assoc. Fees Include: Hot Water, None, Sewer, Water

Structural Information

  • Architectural Style: High Rise, Penthouse
  • Detached/Attached: Detached
  • Construction: Concrete
  • Common Walls: End Unit
  • Entry Floor Number: 7
  • Square Feet: 835
  • Living Area: 835 Sq. Ft.
  • Year Built: 1953
  • Property Condition: Good Condition, Updated/Remodeled

Lot Features

  • Property View: Coastline, Mountain(s), Ocean, Sunset
  • Mountain views: Yes
  • Lot Size: 15377
  • Fence: Yes
  • Zoning: 12 - A-2 Medium Density Apartme
  • Fencing (Description): Fenced, Wall

Water Features

  • Water Front: Yes

Financial Considerations

  • Maint. Fee: $940
  • Maint. Fee/Month: $940
  • Assessment Amount: $1,283,800
  • Tax Amount: $7,236

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Auto Garage Door Opener, Book Shelves, Ceiling Fan, Dishwasher, Disposal, Dryer, Kitchenware, Range/Oven, Refrigerator, Smoke Detector, Washer
  • Disclosures/Reports: Seller Disclosure
  • Disclosures/Rstr.: Seller Disclosure
  • Property ID: 1-3-1-032-002-0041

Listed by Royal Hawaiian Properties, Inc

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Listing agent

— 2987 Kalakaua Ave #706 —

  • Royal Hawaiian Properties, Inc

(808) 941-6111

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2987 Kalakaua Ave #706

School District:Hawaii Department of Education
NameGradesDistance
Waikiki Elementary School
3710 Leahi Avenue, Honolulu, HI 96815
PK-60.7 mi
Kaimuki Middle School
631 18th Avenue, Honolulu, HI 96816
6-81.7 mi
Kalani High School
4680 Kalaniana?ole Highway, Honolulu, HI 96821
9-123.2 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 2987 Kalakaua Ave #706 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/10/2025
Price Reduced
$1,485,000
-7.19%
MLS
3/18/2025
Price Reduced
$1,600,000
-5.6%
MLS
2/12/2025
Price Reduced
$1,695,000
-1.74%
MLS
1/05/2025
Listed
$1,725,000
38%
MLS
12/28/2016
Sold
$1,250,000
—
Public Record
Get Price Alerts and Save Property
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 for 2987 Kalakaua Ave #706

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,235
29%
$1,238,100
-4%
2023
$5,604
-4%
$1,283,800
13%
2022
$5,843
—
$1,140,700
1%
2022
$5,843
-4%
$1,127,900
-2%
2021
$6,112
—
$1,153,500
-6%
2021
$6,112
7%
$1,228,000
8%
2018
$5,710
-3%
$1,134,400
—
2019
$5,861
66%
$1,129,600
4%
2017
$3,534
16%
$1,089,700
14%
2016
$3,051
21%
$951,800
19%
2015
$2,520
5%
$800,000
4%
2013
$2,390
—
$766,300
—
View All
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 for 2987 Kalakaua Ave #706

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Royal Hawaiian Properties, Inc

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2987 Kalakaua Avenue #706, Honolulu, HI 96815 (MLS# 202501226) is a Condo property with 1 bedroom and 1 full bathroom. 2987 Kalakaua Avenue #706 is currently listed for $1,485,000 and was received on January 05, 2025. Want to learn more about 2987 Kalakaua Avenue #706? 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.

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