| Description | LOWEST-PRICED FEE SIMPLE 2BD/2BA IN TOWN! Welcome to ocean-view penthouse living at its best—exclusive, private, and ideally located near everything Honolulu offers. The renovated kitchen means you cook and entertain with ease, refreshed flooring creates a move-in-ready feel, and the updated bathroom saves you the cost and effort of remodeling. An in-unit washer and dryer add daily convenience, while secured covered parking and guest stalls remove the stress of finding a spot. On-site management and security guard provide added confidence when you’re home or away. Your maintenance fee even includes electricity, WiFi, basic cable, and hot water—built-in savings month after month. With only two residences on the floor, you get peace and quiet rarely found in condo living. And with amenities like a pool, BBQ area, sauna, and recreation deck, relaxation and fun are always right downstairs. All of this, just minutes from Ala Moana Beach Park, Ala Moana Center, Waikiki, and Kaka‘ako. |
|---|---|
| Status | Sold since 08-22-2025 |
| MLS# | 202517266 |
| Price | $349,000 |
| Original Price | $699,000 |
| Price Change | $-350,000 (-50.07%) |
| Beds / Baths / Half | 2 / 2 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 1,195 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $2,382 |
| Lanai Sq Ft | 148 |
| Building | Summer Palace |
| Address | 1848 Kahakai Drive 2502 Honolulu HI 96814 |
| Region | Metro |
| Neighborhood | Ala Moana |
| Days on Market | 185 |
| Year Built | 1976 |
| Condition | Above Average |
| View | Marina/Canal, Mountain |
| Parking | Guest, Secured Entry |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AE,Zone X |
| Tax Amount | $175 |
| Assessed Land | $44,100 |
| Assessed Building | $554,400 |
| Assessed Total | $598,500 |
| Assessed Ratio | 58% |
| Inclusions | AC Window Unit, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Microwave Hood, Microwave, Range/Oven, Refrigerator, Washer |
| Amenities | BBQ, Car Wash, Condo Association Pool, Patio/Deck, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute |
| Construction | Concrete |
| Flooring | Ceramic Tile, W/W Carpet |
| Disclosures | Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Parcel # | 1-2-3-036-020-0146 |
| Listing courtesy of | Keller Williams Honolulu |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 04-02-2026 | 202517266 | Sold | C | S | $349,000 | $300,000 | $598,500 | $44,100 | $554,400 |
| 02-23-2026 | 202517266 | Active Under Contract | A | C | $349,000 | $300,000 | $598,500 | $44,100 | $554,400 |
| 01-29-2026 | 202517266 | Price Decrease | $399,000 | $349,000 | $349,000 | $300,000 | $598,500 | $44,100 | $554,400 |
| 01-05-2026 | 202517266 | Price Decrease | $460,000 | $399,000 | $349,000 | $300,000 | $598,500 | $44,100 | $554,400 |
| 12-12-2025 | 202517266 | Price Decrease | $499,000 | $460,000 | $349,000 | $300,000 | $598,500 | $44,100 | $554,400 |
| 11-05-2025 | 202517266 | Price Decrease | $575,000 | $499,000 | $349,000 | $300,000 | $598,500 | $44,100 | $554,400 |
| 10-09-2025 | 202517266 | Price Decrease | $649,000 | $575,000 | $349,000 | $300,000 | $598,500 | $44,100 | $554,400 |
| 09-11-2025 | 202517266 | Price Decrease | $699,000 | $649,000 | $349,000 | $300,000 | $598,500 | $44,100 | $554,400 |
| 08-22-2025 | 202517266 | New Listing | A | $349,000 | $300,000 | $598,500 | $44,100 | $554,400 | |
| 08-11-1999 | 9825331 | Price Decrease | $348,000 | $324,000 | $348,000 | $324,000 | $163,300 | $40,500 | $122,800 |
| 08-11-1999 | 9825331 | Sold | P | S | $348,000 | $324,000 | $163,300 | $40,500 | $122,800 |
| 08-11-1999 | 9825331 | Pending | C | P | $348,000 | $324,000 | $163,300 | $40,500 | $122,800 |
| 04-26-1999 | 9825331 | Price Decrease | $373,000 | $348,000 | $348,000 | $324,000 | $163,300 | $40,500 | $122,800 |
| 02-19-1999 | 9825331 | Price Decrease | $398,000 | $373,000 | $348,000 | $324,000 | $163,300 | $40,500 | $122,800 |
| 01-26-1999 | 9825331 | New Listing | A | $348,000 | $324,000 | $163,300 | $40,500 | $122,800 |
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