| Description | Unique opportunity for vacation living and investment at Waikiki Sunset. One of only eight ADA-accessible units in the Aston hotel pool—this unit currently receives $221 per month income as offset for it's ADA designation. This exceptional unit offers comfort, convenience and income potential—ideal as an investment, second home or primary residence. Legally permitted for short-term rentals, this property offers rare flexibility for personal enjoyment with proven rental appeal. Just moments from world-famous Waikiki Beach, shopping, dining and entertainment, the location is highly desirable to visitors year-round. Inside, a well-designed interior maximizes natural light and functionality, creating a relaxing island retreat above the city. Enjoy south-facing views of the Waikiki skyline, iconic Diamond Head and a slice of ocean beyond. Resort-style amenities include a pool, fitness center, sauna, BBQ recreation area and on-site convenience store—enhancing both lifestyle and rental desirability. Whether seeking a turnkey vacation rental or your own slice of paradise, this residence offers a rare blend of accessibility, flexibility, resort amenities and quintessential Waikiki living. |
|---|---|
| Status | Active since 04-24-2026 |
| MLS# | 202608114 |
| Price | $520,000 |
| Original Price | $570,000 |
| Price Change | $-50,000 (-8.77%) |
| 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 1112 (NUC) Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 156 |
| Year Built | 1979 |
| Condition | Above Average |
| View | City, Diamond Head, Ocean |
| Frontage | Other |
| Parking | Covered - 1, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $307 |
| Assessed Land | $77,300 |
| Assessed Building | $580,000 |
| Assessed Total | $657,300 |
| Assessed Ratio | 79% |
| Inclusions | AC Central, Cable TV, Drapes, Kitchenware, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Sauna, Security Guard, Trash Chute |
| Construction | Concrete |
| Flooring | Ceramic Tile, Vinyl, W/W Carpet |
| Disclosures | Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Dual Systems |
| Possession | 45 Days or Less |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Parcel # | 1-2-6-028-011-0076 |
| Listing courtesy of | Hawaii Modern Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-12-2026 | 202608114 | Price Decrease | $542,000 | $520,000 | $520,000 | $0 | $657,300 | $77,300 | $580,000 |
| 06-03-2026 | 202608114 | Price Decrease | $570,000 | $542,000 | $520,000 | $0 | $657,300 | $77,300 | $580,000 |
| 04-24-2026 | 202608114 | New Listing | A | $520,000 | $0 | $657,300 | $77,300 | $580,000 | |
| 06-09-2003 | 2301581 | Withdrawn | A | W | $184,900 | $0 | $160,800 | $49,800 | $111,000 |
| 02-05-2003 | 2301581 | New Listing | A | $184,900 | $0 | $160,800 | $49,800 | $111,000 | |
| 02-05-2003 | 2301574 | Temporarily Withdrawn | A | T | $184,900 | $0 | $147,000 | $49,800 | $97,200 |
| 02-05-2003 | 2301574 | New Listing | A | $184,900 | $0 | $147,000 | $49,800 | $97,200 |
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