| Description | Price reduction, Great for investors, Already have great tenants till end of 4/2027. 48 hours notice needed. 1 parking included. Located in the highly desirable Summer Palace, this residence presents an exceptional chance to own in one of Honolulu’s most sought-after neighborhoods. Great opportunity to update and customize to your preferences. Conveniently near Ala Moana Shopping Center with easy access to shopping, dining, and daily essentials, while set back from main streets for added privacy. Building amenities on the 3rd floor include a pool, sauna, BBQ area, and clubhouse kitchen. Close to Ala Moana Beach Park and Magic Island for outdoor activities. Additional features: pet-friendly building (verify), secured resident parking and ample guest parking, electricity included in maintenance fee, and full hurricane insurance for easier financing. Sold AS IS. |
|---|---|
| Status | Contract since 04-30-2026 |
| MLS# | 202608596 |
| Price | $350,000 |
| Original Price | $410,000 |
| Price Change | $-60,000 (-14.63%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 542 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,087 |
| Lanai Sq Ft | 106 |
| Building | Summer Palace |
| Address | 1848 Kahakai Drive 2006 Honolulu HI 96814 |
| Region | Metro |
| Neighborhood | Ala Moana |
| Days on Market | 127 |
| Year Built | 1976 |
| Condition | Average |
| View | Marina/Canal |
| Parking | Assigned, Covered - 1, Guest |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AE |
| Elementary | Ala Wai |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $142 |
| Assessed Land | $35,600 |
| Assessed Building | $451,900 |
| Assessed Total | $487,500 |
| Assessed Ratio | 72% |
| Inclusions | AC Window Unit, Blinds, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer |
| Amenities | BBQ, Patio/Deck, Pool on Property, Recreation Area, Recreation Room, Resident Manager, Sauna, Trash Chute |
| Construction | Concrete, Masonry/Stucco, Other |
| Flooring | Laminate, W/W Carpet |
| Disclosures | Pets Allowed (Verify), Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | Subject to Rental Lease |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Parcel # | 1-2-3-036-020-0110 |
| Listing courtesy of | List Sotheby's Int'l Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-08-2026 | 202608596 | Active Under Contract | A | C | $350,000 | $0 | $487,500 | $35,600 | $451,900 |
| 06-30-2026 | 202608596 | Price Decrease | $410,000 | $350,000 | $350,000 | $0 | $487,500 | $35,600 | $451,900 |
| 04-30-2026 | 202608596 | New Listing | A | $350,000 | $0 | $487,500 | $35,600 | $451,900 | |
| 01-20-2022 | 202130647 | Sold | P | S | $459,000 | $467,000 | $449,000 | $30,500 | $418,500 |
| 01-12-2022 | 202130647 | In Escrow Not Showing | C | P | $459,000 | $467,000 | $449,000 | $30,500 | $418,500 |
| 12-28-2021 | 202130647 | In Escrow Showing | A | C | $459,000 | $467,000 | $449,000 | $30,500 | $418,500 |
| 12-20-2021 | 202130647 | New Listing | A | $459,000 | $467,000 | $449,000 | $30,500 | $418,500 | |
| 06-10-2010 | 1006091 | Sold | P | S | $339,000 | $339,000 | $308,100 | $25,700 | $282,400 |
| 05-21-2010 | 1006091 | Pending | C | P | $339,000 | $339,000 | $308,100 | $25,700 | $282,400 |
| 05-16-2010 | 1006091 | Active Continue to Show | A | C | $339,000 | $339,000 | $308,100 | $25,700 | $282,400 |
| 05-06-2010 | 1006091 | New Listing | A | $339,000 | $339,000 | $308,100 | $25,700 | $282,400 |
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