| Description | Welcome to Summer Palace, where urban living blends with island paradise in the heart of Honolulu. This meticulously designed 1-bedroom, 1-bathroom unit spans 542 sq. ft. and features a spacious 106 sq. ft. lanai and one covered parking space, alongside ample guest parking. Nestled adjacent to the Convention Center, it offers captivating views of Ala Wai Canal and the ocean, with Waikiki, Ala Moana Shopping Center, Magic Island, Ala Wai Yacht Harbor and a myriad of dining, shopping and entertainment options just blocks away. Moreover, enjoy the added convenience of the building's proximity to public transportation, facilitating effortless commuting for residents. This pet-friendly property (verify) boasts modern amenities including a washer/dryer, window A/C, dishwasher, new refrigerator, refreshed paint and newly installed vinyl flooring and lighting. Maintenance fees encompass electricity, water, hot water, sewer, with other fees covering for basic cable and internet services. Don't let this rare opportunity slip away - seize your chance to own a slice of paradise in one of Honolulu's most sought-after location. Reach out to your agent today to arrange a private showing! |
|---|---|
| Status | Sold since 02-22-2024 |
| MLS# | 202404063 |
| Price | $388,000 |
| Original Price | $508,000 |
| Price Change | $-120,000 (-23.62%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 542 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $952 |
| Lanai Sq Ft | 106 |
| Building | Summer Palace |
| Address | 1848 Kahakai Drive 1504 Honolulu HI 96814 |
| Region | Metro |
| Neighborhood | Ala Moana |
| Days on Market | 330 |
| Year Built | 1976 |
| Condition | Above Average |
| View | Marina/Canal, Ocean |
| Parking | Covered - 1 |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AE |
| Tax Amount | $142 |
| Assessed Land | $35,600 |
| Assessed Building | $450,100 |
| Assessed Total | $485,700 |
| Assessed Ratio | 80% |
| Inclusions | AC Window Unit, Blinds, Cable TV, Dishwasher, Disposal, Dryer, Range Hood, Washer |
| Amenities | BBQ, Pool on Property, Recreation Area, Resident Manager, Security Guard, Trash Chute |
| Construction | Concrete |
| Flooring | Ceramic Tile, Vinyl |
| Disclosures | Pets Allowed (Verify), Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | 45 Days or Less |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Parcel # | 1-2-3-036-020-0068 |
| Listing courtesy of | Coldwell Banker Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 02-07-2025 | 202404063 | Sold | C | S | $388,000 | $388,000 | $485,700 | $35,600 | $450,100 |
| 01-17-2025 | 202404063 | Active Under Contract | A | C | $388,000 | $388,000 | $485,700 | $35,600 | $450,100 |
| 01-08-2025 | 202404063 | Price Decrease | $448,000 | $388,000 | $388,000 | $388,000 | $485,700 | $35,600 | $450,100 |
| 10-02-2024 | 202404063 | Price Decrease | $450,000 | $448,000 | $388,000 | $388,000 | $485,700 | $35,600 | $450,100 |
| 09-27-2024 | 202404063 | Price Decrease | $508,000 | $450,000 | $388,000 | $388,000 | $485,700 | $35,600 | $450,100 |
| 02-22-2024 | 202404063 | New Listing | A | $388,000 | $388,000 | $485,700 | $35,600 | $450,100 | |
| 04-11-2006 | 2518165 | Withdrawn | A | W | $389,000 | $0 | $256,900 | $28,300 | $228,600 |
| 10-24-2005 | 2518165 | New Listing | A | $389,000 | $0 | $256,900 | $28,300 | $228,600 |
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