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$5,000,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 4,240 Sq. Ft.
  • Ala Wai Plaza Skyrise
  • Updated 3 hours ago
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Penthouse 1 at Ala Wai Skyrise presents a rare opportunity for refined urban island living in a rapidly evolving neighborhood regarded as Honolulu's next emerging hotspot. This thoughtfully renovated top-floor corner residence offers exceptional privacy and sweeping views spanning the mountains, city, ocean, golf course, and an unobstructed Diamond Head backdrop. Dramatic two-story windows and custom sliding doors fill the 3-bedroom, 3-bath home + Den/Office, with abundant natural light and cooling trade winds. Ideally situated in a revitalized area near UH Manoa, ?Iolani School, shopping, and upcoming dining by the Aoki Group, with the added convenience of a new pedestrian bridge (expected 2027) providing direct access to Waikiki and the beach. This penthouse delivers a seamless balance of sophistication, comfort, and connectivity, well suited for discerning owner-occupants or investors seeking a premium in-town offering.

Full Property Details for 555 University Ave #PH1

General

  • Price: $5,000,000
  • HOA FEE: $4,202
  • Taxes: $8,913
  • Status: Active
  • Type: Condo
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202600841
  • Updated: Today (2/5/2026)
  • Added to Site: Today

Rental Information

  • Complex Features: Barbecue, Community Pool, Deck/Porch, Other, Patio, Pool, Recreation Area, Trash Chute

Interior

  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Furnishings: Partially
  • Flooring: Ceramic Tile, Other

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Security/Safety: Closed Circuit Camera(s), Elevator Secured, Key Card Entry

Parking

  • Total Spaces: 3
  • Parking Features: Assigned, Covered, Guest, Three or more Spaces

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: KAPIOLANI
  • Building Name: Ala Wai Plaza Skyrise

School Information

  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki

Community

  • Assoc. Fees Include: Common Areas, Cable TV, Hot Water, Internet, None, Sewer, Water

Structural Information

  • Architectural Style: High Rise, Multi-Level, Penthouse
  • Detached/Attached: Detached
  • Construction: Double Wall, Hollow Tile, Concrete
  • Entry Floor Number: 38
  • Square Feet: 4,240
  • Living Area: 3,707 Sq. Ft.
  • Year Built: 1971
  • Property Condition: Excellent, Updated/Remodeled

Lot Features

  • Property View: Canal, Coastline, City, Golf Course, Mountain(s), Ocean, Sunset, Sunrise
  • Mountain views: Yes
  • Lot Size: 63075
  • Fence: Yes
  • Zoning: 13 - A-3 High Density Apartment
  • Fencing (Description): Fenced, Wall

Water Features

  • Water View: Yes

Financial Considerations

  • Maint. Fee: $4,202
  • Maint. Fee/Month: $4,202
  • Assessment Amount: $1,431,000
  • Tax Amount: $8,913.36

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: AC Split, Cable TV, Chandelier, Convection Oven, Dishwasher, Disposal, Dryer, Microwave Hood, Microwave, Range/Oven, Refrigerator, Washer, Wine Refrigerator
  • Disclosures/Reports: Seller Disclosure
  • Disclosures/Rstr.: Seller Disclosure
  • Property ID: 1-2-7-013-008-0205

Listed by Compass

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— 555 University Ave #PH1 —

  • Compass

(808) 825-4277

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 555 University Ave #PH1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$5,000,000
400%
MLS
6/12/2025
Sold
$1,000,000
—
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 555 University Ave #PH1

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,988
6%
$1,431,000
6%
2023
$7,540
57%
$1,349,800
3%
2022
$4,815
-61%
$1,310,500
27%
2021
$12,218
—
$1,030,000
-41%
2021
$12,218
—
$1,735,000
—
2021
$12,218
19%
$1,731,900
6%
2018
$10,257
3%
$1,639,700
2%
2017
$9,938
-3%
$1,604,200
4%
2019
$10,258
11%
$1,548,400
1%
2016
$9,219
1%
$1,536,500
1%
2015
$9,145
91%
$1,524,100
2%
2013
$4,785
—
$1,488,600
—
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.

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Listed by Compass

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555 University Avenue #PH1, Honolulu, HI 96826 (MLS# 202600841) is a Condo property with 3 bedrooms and 3 full bathrooms. 555 University Avenue #PH1 is currently listed for $5,000,000 and was received on February 05, 2026. Want to learn more about 555 University Avenue #PH1? 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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