| Description | Discover an exceptional short-term rental and value opportunity at the highly desirable Waikiki Sunset! This beautifully renovated, fully furnished 1-bedroom, 1-bath residence is ideal as a primary home, second home, or legal vacation rental and includes PARKING! Meticulously maintained RARE owner-occupied unit, this comfortable 10th-floor unit features a remodeled full kitchen with granite countertops and custom cabinetry, luxury vinyl flooring, floor-to-ceiling windows, and central AC. Enjoy iconic Diamond Head views from your private lanai, along with peek-a-boo ocean views from the bedroom. Waikiki Sunset is a fire-sprinklered, professionally managed building offering resort-style amenities, including a pool, BBQ area, recreation deck, and community laundry. Conveniently located just minutes from world-famous Waikiki Beach, Kapiolani Park, dining, shopping, and entertainment. Priced an incredible $115,000 below tax-assessed value, with the Seller paying the remaining special assessment in full at closing, this is an opportunity to own a high-value, turn-key property in the heart of Waikiki! |
|---|---|
| Status | Active since 07-15-2026 |
| MLS# | 202613558 |
| Price | $540,000 |
| Original Price | $540,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 534 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,312 |
| Lanai Sq Ft | 67 |
| Building | Waikiki Sunset |
| Address | 229 Paoakalani Avenue 1008 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 74 |
| Year Built | 1979 |
| Year Remodeled | 2018 |
| Condition | Excellent,Above Average |
| View | City, Diamond Head, Ocean |
| Parking | Covered - 1, Garage, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Elementary | Jefferson |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $162 |
| Assessed Land | $77,300 |
| Assessed Building | $578,300 |
| Assessed Total | $655,600 |
| Assessed Ratio | 82% |
| Inclusions | AC Central, Disposal, Drapes, Kitchenware, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Exercise Room, Patio/Deck, Recreation Area, Recreation Room, Resident Manager, Security Guard, Trash Chute, Whirlpool |
| Construction | Concrete, Hollow Tile, Masonry/Stucco, Slab |
| Flooring | Ceramic Tile, Laminate, W/W Carpet |
| Disclosures | Pets Allowed (Verify), Property Disclosure Stmt |
| Land Recorded | Dual Systems |
| Possession | 45 Days or Less, At Closing |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Parcel # | 1-2-6-028-011-0058 |
| Listing courtesy of | REMAX Hawaii |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 07-15-2026 | 202613558 | New Listing | A | $540,000 | $0 | $655,600 | $77,300 | $578,300 | |
| 07-14-2026 | 202603341 | Cancelled | A | W | $560,000 | $0 | $677,000 | $77,300 | $599,700 |
| 05-11-2026 | 202603341 | Price Decrease | $568,000 | $560,000 | $560,000 | $0 | $677,000 | $77,300 | $599,700 |
| 04-20-2026 | 202603341 | Back On Market | C | A | $560,000 | $0 | $677,000 | $77,300 | $599,700 |
| 04-14-2026 | 202603341 | Active Under Contract | A | C | $560,000 | $0 | $677,000 | $77,300 | $599,700 |
| 03-27-2026 | 202603341 | Price Decrease | $575,000 | $568,000 | $560,000 | $0 | $677,000 | $77,300 | $599,700 |
| 02-27-2026 | 202603341 | New Listing | CS | A | $560,000 | $0 | $677,000 | $77,300 | $599,700 |
| 03-04-2005 | 2413053 | Sold | P | S | $199,000 | $193,000 | $159,200 | $49,800 | $109,400 |
| 01-27-2005 | 2413053 | Pending | A | P | $199,000 | $193,000 | $159,200 | $49,800 | $109,400 |
| 08-18-2004 | 2413053 | New Listing | A | $199,000 | $193,000 | $159,200 | $49,800 | $109,400 |
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