Search Open Houses Buyer's Rebate Sell for 2% Sell for $3,500 Statistics Help Tools Saved Searches Testimonials Blog Contact

Oahu Real Estate Logo

20% Rebate for Buyers
$3,500 Flat Fee for Sellers
2% Full Service for Sellers


303 Wai Nani Way Honolulu HI 96815

$3,350,000 | OahuRE Rebate $16,750 | Active

Price dropped on 02-04-2024. Original price was $3,500,000

Listed on 10-20-2023

Sell for a $3,500 Flat Fee or 2% With Full Service.

Learn How to Eliminate the Buyer’s Agent Commission..

Contact Us for a Showing and a 20% Commission Rebate.

Property Last Viewed: 05/01/2024 05:28 PM, Total Views Today: 0, Total Views: 205, Viewed History

Save This Property to Receive Automatic Email Updates When the Status Changes

Short Cuts

Update the default down payment and interest rate.



OahuRE.com Notes About This Property

The last sale on January 23, 2015, used Conventional financing, so it is not an assumable mortgage.

Listed previously on October 19, 2022 for $3,580,000. View Details

Listed previously on September 8, 2014 for $1,750,000. View Details

Price Decreased 1 time. View Details

Expired 1 time. View Details


303 Wai Nani Way

Details * Showing Request * Top * 1 * Next

Click on any photo to view next photo.

303 Wai Nani Way

Details * Showing Request * Top * 2 * Previous * Next

Learn More About Our Selling Options

303 Wai Nani Way

Details * Showing Request * Top * 3 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 4 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 5 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 6 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 7 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 8 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 9 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 10 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 11 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 12 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 13 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 14 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 15 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 16 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 17 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 18 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 19 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 20 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 21 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 22 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 23 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 24 * Previous * Next

303 Wai Nani Way

Details * Showing Request * Top * 25 * Previous

Property Details

Top of Page * Showing Request * Questions?


MLS#: 202324062 * Questions?
Status: Active since 10-20-2023 See History
Price: $3,350,000
Rebate: $ 16,750 from OahuRE.com.
Monthly: $ 19,803.56 Update the default down payment and interest rate
  Monthly payment estimate for $ 3,350,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 548 taxes, and $ 0 fees. Insurance not included.
Studio Units: 0
One Bed Units: 0
Two Bed Units: 0
Three Bed Units: 4
Living Sq Ft: 2,988
Land Sq Ft: 7,103
Land Tenure: FS - Fee Simple
Address: 303 Wai Nani Way Honolulu HI 96815
Region: Metro - Activity
Neighborhood: Waikiki - Activity
Street: Wai Nani - Activity
Showing: Showing Request

Top of Page * Showing Request * Questions?

Original: $3,500,000
Change: $-150,000    -4.29%
Parcel#: 1-2-6-028-044-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 195 days in Active or In Escrow Showing
Date: Listed: 10-20-2023
Date: Status Change: 10-20-2023
Recent History: Not on the MLS in the last 10 years
Year Built: 1939 Remodeled: 2015
View: None
Frontage: Other
Monthly Tax: $548 Year: 2023
Land: FS - Fee Simple
Condition: Average

Top of Page * Showing Request * Questions?

Description:

Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famo

 
 
Inclusions:

Amenities:

Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water Construction: Above Ground, Single Wall, Wood Frame Lot Features: Clear Disclosures: 1031 Exchange, Licensed Owner, Listor Owner, Pet on Property, Property Disclosure Stmt, Relative of Licen Land Recorded: Regular System

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None Utilities: Cable,Internet,Overhead Electricity,Public Water,Sewer Fee,Water Utilities Meters: Electric,Water Building Type: Fourplex,Multi Dwellings Construction Materials: Above Ground,Single Wall,Wood Frame Tenants Responsibilities Includes: Cable TV,Electricity,Other,Water Expenses Include: Excise Tax,Insurance,Property Tax,Repair Maintenance Laundry Facilities: Dryer,Individual,Washer Parking Total: 6 Studio Units: 0 One Bed Units: 0 Two Bed Units: 0 Three Bed Units: 4

Top of Page * Showing Request * Questions?

Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $1,662,100
Building: $219,700  
Assessed Total: $1,881,800  
Assessed Ratio: 178.02%
Pool:
Location: Other
Parking: Assigned, Covered, Open, Tandem

Top of Page * Showing Request * Questions?

District Locator: DOE Locator to Confirm District
Area Total: 7,103
Acres: 0.1631
Topography: Level
Building Style:
Building:
New Const: No

Top of Page * Showing Request * Questions?

Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption:
Other: 0
Lanai Sq Ft: 0
Avg Sq Ft Land: $471.63
Security:
Rental Income: $0
Zoning: X2 - Apartment Precinct
Flood Zone: Zone X * Check if this property is in a Flood Zone
Tsunami Zone: Check if this property is in a Tsunami Zone * Tsunami Info * Oahu Tsunami Map
Roofing: Asphalt Shingle
Set-Backs: C and C Roads:
Easements: Electric

Top of Page * Showing Request * Questions?

Links:
Google Maps * Supermarkets * Schools * Private Schools * Hospitals * Restaurants * Gyms * Shopping * Attractions * Beaches * Churches * Tax Info including a Plat Map PDF and GIS Parcel Map and Building Sketch
Commuting:
Waikiki * Downtown * Ala Moana * Airport * Kapolei * Hawaii Kai * Kailua Town * Windward Mall * Waikele * North Shore
Barbers Point * Camp Smith * Fort Shafter * Hickam * Lualualei * K-Bay Marine * Pearl Harbor * Schofield * Tripler * Wheeler * VA Mortgage Info
Closing Cost Calculators:
Buyer's Closing Cost Calculator to estimate the buyer's closing cost.
Seller's Closing Cost Calculator to estimate the seller's closing cost.

Listing courtesy of Gloria Chi Realty Inc. (808) 941-9999

Top of Page * Showing Request * Questions?


Core Logic Logo

Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
02-04-2024 202324062 Price Decrease $3,500,000 $3,350,000 $3,350,000 $0 $1,881,800 $1,662,100 $219,700
10-20-2023 202324062 New Listing $3,500,000 Active $3,350,000 $0 $1,881,800 $1,662,100 $219,700
10-19-2023 202217121 Expired Active Expired $3,580,000 $0 $1,821,100 $1,615,900 $205,200
10-19-2022 202217121 New Listing Active Active $3,580,000 $0 $1,821,100 $1,615,900 $205,200
01-23-2015 201417794 Sold In Escrow Showing Sold $1,750,000 $1,500,000 $1,359,800 $1,278,500 $81,300
11-19-2014 201417794 Active Continue to Show Active In Escrow Showing $1,750,000 $1,500,000 $1,359,800 $1,278,500 $81,300
09-09-2014 201417794 New Listing Active Active $1,750,000 $1,500,000 $1,359,800 $1,278,500 $81,300

Top of Page * Showing Request * Questions?


Comparables

Multiple Comparable Options


City and County Public Information Links

City and County Logo

Tax Info including a Plat Map PDF and GIS Parcel Map

Department of Planning & Permitting General Information

Department of Planning & Permitting All Permits

Dept. of Emergency Management Public Safety Info

Tax Records and Property History in this Neighborhood

Tax Records and Property History on this Street

Top of Page * Showing Request * Questions?


Sex Offender Information

Attorney General Logo

View a map of Sex Offenders for this Zip Code

Top of Page * Showing Request * Questions?


Daily Watch List

Add to Daily Watch List by Parcel Number

Top of Page * Showing Request * Questions?



Google Maps

View this property's location * Top of Page

View Nearby Schools on Google Maps - Preschools, Elementary Schools, Middle Schools, or High Schools

View Nearby Parks, Farmer's Markets, and Best Restaurants on Google Maps

Directions from this property to nearest Grocery Store, Hospital, Gas Station, Beach Park, and Park

View Waikiki Neighborhood Boundary

View Tax Records

All Neighborhood Boundaries in the Metro Region

Neighborhood Boundaries

View Full Size in Google Maps

Top of Page * Showing Request * Questions?



Elementary Schools, Middle Schools, High Schools, Charter Schools, Private Schools, Preschools

School Map

Top of Page * Showing Request * Questions?



View Directions on Google Maps to nearest Beach Access

View Beach Access Points All Over Oahu including Street View, Directions, and Facilities Info

Beach Access Map

Top of Page * Showing Request * Questions?



Google Earth

Neighborhoods Near Waikiki Shown on Google Earth
 
Googe Earth View

Top of Page * Showing Request * Questions?



Google Traffic Maps

Example Traffic Map

Top of Page * Showing Request * Questions?



Estimated Monthly Mortgage Payment

View OahuRE Mortgage and Interest Savings Calculator

Save $75,100.07 of interest charges by adding an extra payment of $100 per month. View details from the link above.

Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$19,763$20,301$20,845$21,395$21,951$22,513$23,081$23,654$24,815
3.5% Down
$19,071$19,590$20,115$20,646$21,183$21,725$22,273$22,826$23,947
10% Down
$17,787$18,271$18,760$19,256$19,756$20,262$20,773$21,288$22,334
20% Down
$15,810$16,241$16,676$17,116$17,561$18,010$18,464$18,923$19,852
30% Down
$13,834$14,211$14,591$14,977$15,366$15,759$16,156$16,557$17,371
40% Down
$11,858$12,180$12,507$12,837$13,171$13,508$13,848$14,192$14,889
50% Down
$9,882$10,150$10,422$10,698$10,976$11,257$11,540$11,827$12,408

Top of Page * Showing Request * Questions?



Crime Mapping

Last 7 days of crime (you can then change it to go back further)

Top of Page * Showing Request * Questions?



Yelp

Popular Yelp Links Sorted by Review Count Near 303 Wai Nani Way

Most Popular, Restaurants, Shopping, Arts & Entertainment, Active Life Activities

Top of Page * Showing Request * Questions?



Neighborhood Interview from a neighbor who lives there.

How long have you lived in the Waikiki neighborhood?

I've lived in Waikiki for over 5 years now.

What factors influenced your decision to move there?

I work in town, and I wanted to live somewhere that is close to work. I didn't want to spend a lot of time driving in traffic on a daily basis.

Also, it was very important for us to not have to drive if we wanted to go get a bite to eat or to go down to the beach. It's a very convenient location. The building that we're in is actually quite quiet. You don't hear some of the typical noises that one would expect for Waikiki. It's actually a very quiet neighborhood, and we're just a couple of blocks away to the beach. We can walk to restaurants and different hotels for events and things like that.

So the convenience and the proximity to entertainment and restaurants is really why we initially decided on Waikiki.

So you can walk to the beach and to the restaurants. Can you walk to your shopping also?

Yes. Actually there's quite a bit of shopping that we can do. If we're going grocery shopping though, I do tend to drive, because right in Waikiki, we end up spending a little bit more for the convenience factor. So we'll just drive right up the street, up Kapahulu. It's maybe a 3-minute drive, and we do all of our shopping there. Or we'll take a drive to Costco or something, if we need to stock up.

How does it compare to where you lived before?

Before, we were at a building right in the downtown area. At that time, I was working in downtown, so I would walk to work and that was very convenient. But the typical building that we were in was pretty noisy, and it didn't have air conditioning, so in the summer months and October, it was actually quite warm. And downtown kind of shuts down in the weekend. It's really great for businesses--Monday through Friday, it's an energetic area. But in the weekends, it kind of shuts down.

So Waikiki is different in that aspect--there's always a lot of energy. It's very positive when you walk around the neighborhood because a lot of people are on vacation, and they're so happy to be here in Hawaii. Just looking around, it's kind of a nice reminder for us living here, to see all these happy people and makes us reflect on, "Wow, gosh, we are really lucky to live in such a beautiful place--to be able to walk down to the beach and see the sunset, any day of the week." It's wonderful.

Where would you go to the beach when you lived in downtown? Or do you walk to Ala Moana?

We would just have to get in a car, drive, and actually look for parking in Waikiki, or try to find parking in Ala Moana.

Living in Waikiki is great. We just load up our little wagon with our son and put all the toys in there. We don't need to worry about parking. We just go right on up wherever we want to go. We can spend the whole day down there, if we're lucky enough to have a day with no work to do.

That's awesome. And the fact that you have a quiet building is really nice too, because if there's any complaint I hear sometimes about Waikiki, it would probably be the noise. There wouldn't be anything else, I guess.

Yeah, and there really are a few nice little pockets in Waikiki that are a little off the beaten track where it's still close to everything, but a little more secluded. So you're not going to have some of the noise factors that you might have in other areas of Waikiki.

What about the traffic? For example, getting to work and to stores? A lot of places you can walk to, but when you do have to get in your car, what is it like then?

Honestly, it is so easy getting in and out of Waikiki because there are a few different ways to get there. It's not just going down Kalakaua. So if there's a parade or something in a particular day, then we just go the back route. It might take us a little bit of extra time, but it's never been too bad of an inconvenience.

I would say that maybe right around Halloween, it's probably more problematic. A lot of people come into Waikiki for Halloween, so it might be a little problematic trying to come back into Waikiki in those times. But in the over 5 years that we've been there, it's been a very rare occasion where it's taken me more than 10-15 minutes to get back home. I'm usually back home from my office in less than 15 minutes.

Do you have any concerns with crime in the area?

I don't. I feel very safe. Most of the buildings in Waikiki do have secure buildings as well, so you would need a key to be able to enter the building.

The worst thing that has happened to us is someone took the pedals off of my husband's bike, but it was kind of our fault for leaving it in the garage, which was not locked up at the time. And that could happen anywhere.

What about the schools? What are the schools like?

Waikiki Elementary School is actually a blue ribbon school. It's rated very well. It's one of the best schools on Oahu.

Right now, our son goes to a place called Waikiki Community Center. It's very convenient. Their price is good, their hours are nice, and has extended hours to accommodate people who live in Waikiki and might work a little bit later or have to get to work a little earlier.

But we're actually looking forward to going to public school a lot. A lot of people try to kind of convince us the importance of sending a child to a private school here in Hawaii, but after doing some research and looking at the ratings for Waikiki Elementary, we're excited for him to go there.

Great, and then I guess as he gets older, there are a lot of options--private schools not far from Waikiki, like Punahou for example, or other schools?

Yes. I haven't looked into those yet, but again, we're so close to everything where it hasn't become too much of a factor for us yet. I know we're going to find something that is a good match for him.

It sounds like there's a lot to like about your neighborhood. What do you like best about it? Is it kind of just getting out and walking to where you want to go or to the beach? Or anything else?

I guess it's really just the convenience and the location. My favorite days on the weekends are when I can just do a little picnic lunch and go down by Kapiolani Park and just run around and kind of enjoy the outdoors. That's my favorite. And not having to get into a car on the weekend. It's fantastic.

Is there anything you would want to change about your neighborhood, if you could?

If I could, I would like to have a little area where the kids could meet up, or my son could meet up with his friends. That's the one thing I feel that we're missing a little bit in Waikiki. There's just not that real sense of community for the kids to just go down and play on the street, like they do in some neighborhoods.

Right, because the streets are a little bit more crowded, that type of thing?

That's the only thing that we would go to a park or to the beach. It's not like they could just go downstairs and play.

Once you're at the park or the beach, then they have a huge place to play. But you can't walk outside and play.

Exactly. But it's really not a negative factor for us because it's so easy to get to the park.

Yeah, because you can walk to the park so quickly and you've got more space than you could ask for.

Yeah, and the zoo is right there too, which is a great open playground for kids to just run around and be free.

I know there's a ton of restaurants there. Do you have any favorites?

It's a little bit of a walk for us, but I love Roy's Restaurant for a really nice, special occasion. Their service is always so good. They're very kid-friendly as well. They'll give my son a coloring book and crayons and a little toy to play with while we're there. So that's my favorite.

Sansei restaurant is really close by as well. They have great sushi.

A lot of places have some really nice happy hours, for pupu's and things like that.

You mentioned that if you're going to buy a lot of things or you go grocery shopping, you go a little bit outside of Waikiki. What's your favorite place to grocery shop or shop for other things?

Safeway is the closest for us with a pretty good selection. But my preference is actually Foodland. For me, it's worth it to make just a little bit more of a drive. Foodland is just up the road from Safeway. I prefer Foodland because it's more of the local produce and things like that. So I prefer to support that particular company. I like their selection a little bit better.

But if I really need to do some stocking up on things, then I'll just go into Hawaii Kai Costco. Or even Sam's Club.

Are there any events in your neighborhood or nearby that you like to take part in?

There are always different parades that are going on. For example, my son's school was telling me that today, they had some type of parade. Through the Waikiki Community Center, there are always different things they are doing for the kids there, so we often participate in that. Book reading, things of that nature.

Would you recommend buying in Waikiki?

Yes. I think for someone who likes the convenience, and night life is important for them, or not needing to drive to places, where you could stay in one nice, contained community, then it's good for some people. Waikiki is probably not for everybody, but for me, at this point in my life, it's perfect.



Top of Page * Showing Request * Questions?



Active means currently for sale. Active Under Contract means in escrow but still showing and looking for offers. Pending means in escrow and not looking for offers. Hold means the property is temporarily off the market. Cancelled means it is off the market.

Buyer's rebate is 20% of our commission when we represent the buyer.

Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd. Active listings last updated on 05.02.24. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent and we offer you are 20% rebate on our commission. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation. The offer of compensation to cooperating participants is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference

Our Privacy Policy