| Description | Turnkey legal short-term rental at Ilikai Marina with established rental history and beautiful marina and Pacific Ocean views. This renovated 1-bedroom, 1-bath residence offers the flexibility to enjoy as your own Honolulu getaway while generating nightly rental income when you are away. The unit has been successfully operated on Airbnb and VRBO and has been very well received by guests. Inside, the residence features a modern full kitchen, open living area, tasteful updates, and a comfortable turnkey layout that works well for both personal use and vacation rental guests. Start your mornings with coffee overlooking the marina. Enjoy colorful sunsets in the evening and Friday night fireworks from the comfort of your own residence. Located near Ala Moana Center, Waikiki Beach, dining, shopping, and entertainment, Ilikai Marina #492 offers a unique combination of location, flexibility, views, and proven rental appeal. Whether you are looking for an island getaway or a legal short-term rental investment, this is an opportunity to own a beautifully updated residence in one of Honolulu’s most convenient waterfront locations. |
|---|---|
| Status | Active since 08-24-2026 |
| MLS# | 202616184 |
| Price | $699,000 |
| Original Price | $739,000 |
| Price Change | $-40,000 (-5.41%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 651 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,273 |
| Lanai Sq Ft | 28 |
| Building | Ilikai Marina |
| Address | 1765 Ala Moana Boulevard 492 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 34 |
| Year Built | 1968 |
| Year Remodeled | 2025 |
| Condition | Excellent,Above Average |
| View | Coastline, Ocean |
| Frontage | Marina |
| Parking | Guest, None |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $188 |
| Assessed Land | $198,100 |
| Assessed Building | $525,500 |
| Assessed Total | $723,600 |
| Assessed Ratio | 97% |
| Inclusions | AC Central, Cable TV, Dishwasher, Disposal, Drapes, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | Community Laundry, Recreation Room, Restaurant, Security Guard, Trash Chute |
| Construction | Above Ground, Concrete |
| Flooring | Vinyl |
| Disclosures | Call Listor, Property Disclosure Stmt |
| Furnished | Negotiable |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Card, Key, Keyed Elevator, Security Patrol |
| Parcel # | 1-2-6-010-002-0028 |
| Listing courtesy of | Talk Realty LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-21-2026 | 202616184 | Price Decrease | $739,000 | $699,000 | $699,000 | $0 | $723,600 | $198,100 | $525,500 |
| 08-24-2026 | 202616184 | New Listing | A | $699,000 | $0 | $723,600 | $198,100 | $525,500 | |
| 08-23-2026 | 202607691 | Cancelled | A | W | $759,000 | $0 | $723,600 | $198,100 | $525,500 |
| 08-04-2026 | 202607691 | Price Decrease | $775,000 | $759,000 | $759,000 | $0 | $723,600 | $198,100 | $525,500 |
| 06-16-2026 | 202607691 | Price Decrease | $805,000 | $775,000 | $759,000 | $0 | $723,600 | $198,100 | $525,500 |
| 04-20-2026 | 202607691 | New Listing | A | $759,000 | $0 | $723,600 | $198,100 | $525,500 | |
| 10-11-2024 | 202415098 | Sold | P | S | $798,000 | $720,000 | $780,500 | $202,500 | $578,000 |
| 09-26-2024 | 202415098 | Pending | C | P | $798,000 | $720,000 | $780,500 | $202,500 | $578,000 |
| 09-12-2024 | 202415098 | Active Under Contract | P | C | $798,000 | $720,000 | $780,500 | $202,500 | $578,000 |
| 09-12-2024 | 202415098 | Pending | A | P | $798,000 | $720,000 | $780,500 | $202,500 | $578,000 |
| 07-02-2024 | 202415098 | New Listing | A | $798,000 | $720,000 | $780,500 | $202,500 | $578,000 | |
| 06-07-2024 | 202408099 | Cancelled | A | W | $755,000 | $0 | $780,500 | $202,500 | $578,000 |
| 04-26-2024 | 202408099 | Price Decrease | $810,000 | $755,000 | $755,000 | $0 | $780,500 | $202,500 | $578,000 |
| 04-11-2024 | 202408099 | New Listing | A | $755,000 | $0 | $780,500 | $202,500 | $578,000 | |
| 04-10-2024 | 202400755 | Expired | A | X | $825,000 | $0 | $769,400 | $566,900 | $202,500 |
| 01-16-2024 | 202400755 | New Listing | A | $825,000 | $0 | $769,400 | $566,900 | $202,500 | |
| 08-03-2021 | 202108478 | Sold | C | S | $668,000 | $668,000 | $606,100 | $198,100 | $408,000 |
| 05-05-2021 | 202108478 | In Escrow Showing | A | C | $668,000 | $668,000 | $606,100 | $198,100 | $408,000 |
| 04-09-2021 | 202108478 | New Listing | A | $668,000 | $668,000 | $606,100 | $198,100 | $408,000 | |
| 12-14-2020 | 202015788 | Sold | C | S | $595,000 | $565,000 | $574,800 | $227,800 | $347,000 |
| 09-28-2020 | 202015788 | In Escrow Showing | A | C | $595,000 | $565,000 | $574,800 | $227,800 | $347,000 |
| 09-16-2020 | 202015788 | Price Decrease | $600,000 | $595,000 | $595,000 | $565,000 | $574,800 | $227,800 | $347,000 |
| 08-01-2020 | 202015788 | Price Decrease | $625,000 | $600,000 | $595,000 | $565,000 | $574,800 | $227,800 | $347,000 |
| 07-16-2020 | 202015788 | New Listing | A | $595,000 | $565,000 | $574,800 | $227,800 | $347,000 | |
| 07-16-2018 | 201807458 | Withdrawn | A | W | $599,000 | $0 | $601,200 | $164,500 | $436,700 |
| 05-17-2018 | 201807458 | Price Decrease | $630,000 | $599,000 | $599,000 | $0 | $601,200 | $164,500 | $436,700 |
| 03-16-2018 | 201807458 | New Listing | A | $599,000 | $0 | $601,200 | $164,500 | $436,700 | |
| 01-04-2002 | 2200077 | New Listing | A | $245,000 | $240,000 | $202,400 | $51,600 | $150,800 |
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