| Description | Back on Market due to no fault of the unit! Turnkey Waikiki Ocean Facing Condo with Legal Vacation Rental Status! A valid Non-Conforming Use Certificate (NUC), allows for legal daily vacation rentals. Discover the perfect blend of investment potential and island lifestyle in this renovated, fully furnished unit at Waikiki Sunset! Located in the heart of Waikiki, this one bedroom/one bath unit features a king-size bed, full kitchen, plus an unassigned parking space. Parking can be scarce in Waikiki. Currently part of the Captain Cook rental program, this unit offers an opportunity for income generation or personal use. On-site amenities include a sparkling pool, BBQ grilling area, sauna, fitness center, lanai/deck, with laundry facilities on each floor, creating a resort-style experience for both residents and guests. As an added bonus, the Monthly special assessment for Brand New central air conditioning will be paid in full by the seller at closing with a full price offer. This is a fantastic opportunity to own a legal vacation property in one of Waikiki’s most desirable buildings. Just a 3-5 minute stroll to iconic Waikiki Beach. Schedule your private showing today. |
|---|---|
| Status | Sold since 08-15-2025 |
| MLS# | 202518049 |
| Price | $615,000 |
| Original Price | $635,000 |
| Price Change | $-20,000 (-3.15%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 564 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,201 |
| Lanai Sq Ft | 67 |
| Building | Waikiki Sunset |
| Address | 229 Paoakalani Avenue 1004 (NUC) Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 104 |
| Year Built | 1979 |
| Year Remodeled | 2017 |
| Condition | Excellent,Above Average |
| View | City, Coastline, Diamond Head, Ocean |
| Frontage | Other |
| Parking | Covered - 1, Unassigned |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AE |
| Tax Amount | $467 |
| Assessed Land | $84,200 |
| Assessed Building | $526,000 |
| Assessed Total | $610,200 |
| Assessed Ratio | 101% |
| Inclusions | AC Central, Chandelier, Drapes, Microwave Hood, Microwave, Range/Oven, Refrigerator |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Patio/Deck, Recreation Area, Recreation Room, Resident Manager, Security Guard, Trash Chute |
| Construction | Concrete |
| Flooring | Ceramic Tile, Marble/Granite, W/W Carpet |
| Disclosures | 1031 Exchange, Licensed Owner, Non Resident Owner |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | At Closing, Subject to Rental Lease |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Key, Security Patrol |
| Parcel # | 1-2-6-028-011-0054 |
| Listing courtesy of | Coldwell Banker Island Prop. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 12-31-2025 | 202518049 | Sold | C | S | $615,000 | $595,000 | $610,200 | $84,200 | $526,000 |
| 12-22-2025 | 202518049 | Active Under Contract | A | C | $615,000 | $595,000 | $610,200 | $84,200 | $526,000 |
| 12-04-2025 | 202518049 | Price Decrease | $625,000 | $615,000 | $615,000 | $595,000 | $610,200 | $84,200 | $526,000 |
| 11-24-2025 | 202518049 | Back On Market | C | A | $615,000 | $595,000 | $610,200 | $84,200 | $526,000 |
| 11-06-2025 | 202518049 | Active Under Contract | A | C | $615,000 | $595,000 | $610,200 | $84,200 | $526,000 |
| 10-24-2025 | 202518049 | Back On Market | C | A | $615,000 | $595,000 | $610,200 | $84,200 | $526,000 |
| 10-17-2025 | 202518049 | Active Under Contract | A | C | $615,000 | $595,000 | $610,200 | $84,200 | $526,000 |
| 09-19-2025 | 202518049 | Price Decrease | $635,000 | $625,000 | $615,000 | $595,000 | $610,200 | $84,200 | $526,000 |
| 08-15-2025 | 202518049 | New Listing | A | $615,000 | $595,000 | $610,200 | $84,200 | $526,000 | |
| 08-12-2025 | 202507873 | Cancelled | A | W | $675,000 | $0 | $647,000 | $83,500 | $563,500 |
| 07-20-2025 | 202507873 | Price Decrease | $685,000 | $675,000 | $675,000 | $0 | $647,000 | $83,500 | $563,500 |
| 06-10-2025 | 202507873 | Price Decrease | $700,000 | $685,000 | $675,000 | $0 | $647,000 | $83,500 | $563,500 |
| 05-19-2025 | 202507873 | Price Decrease | $725,000 | $700,000 | $675,000 | $0 | $647,000 | $83,500 | $563,500 |
| 05-12-2025 | 202507873 | Price Decrease | $750,000 | $725,000 | $675,000 | $0 | $647,000 | $83,500 | $563,500 |
| 04-15-2025 | 202507873 | New Listing | A | $675,000 | $0 | $647,000 | $83,500 | $563,500 | |
| 10-17-2013 | 201325133 | Sold | P | S | $439,000 | $412,000 | $337,200 | $30,100 | $307,100 |
| 09-27-2013 | 201325133 | Pending | C | P | $439,000 | $412,000 | $337,200 | $30,100 | $307,100 |
| 08-22-2013 | 201325133 | Active Continue to Show | A | C | $439,000 | $412,000 | $337,200 | $30,100 | $307,100 |
| 06-07-2013 | 201325133 | New Listing | A | $439,000 | $412,000 | $337,200 | $30,100 | $307,100 | |
| 07-21-2007 | 2710999 | Sold | P | S | $250,000 | $240,000 | $357,600 | $115,200 | $242,400 |
| 06-14-2007 | 2710999 | Pending | A | P | $250,000 | $240,000 | $357,600 | $115,200 | $242,400 |
| 06-06-2007 | 2710999 | New Listing | A | $250,000 | $240,000 | $357,600 | $115,200 | $242,400 | |
| 04-05-2000 | 2000874 | Sold | P | S | $135,000 | $135,000 | $166,300 | $59,500 | $106,800 |
| 02-22-2000 | 2000874 | Pending | A | P | $135,000 | $135,000 | $166,300 | $59,500 | $106,800 |
| 01-29-2000 | 2000874 | New Listing | A | $135,000 | $135,000 | $166,300 | $59,500 | $106,800 | |
| 08-11-1999 | 9809632 | Expired | A | X | $137,000 | $0 | $137,500 | $49,100 | $88,400 |
| 08-21-1998 | 9809632 | New Listing | A | $137,000 | $0 | $137,500 | $49,100 | $88,400 |
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