| Description | NEW PRICE! Exceptional opportunity to own an EASILY BOOKED, INCOME-PRODUCING OCEAN VIEW PROPERTY! LEGALLY PERMITTED VACATION RENTAL in the heart of Waikiki! This FULLY FURNISHED 1-BEDROOM CONDOTEL is near the end of the floor, next to the Laundry Room & Trash Chute, capturing cool tradewinds with DIAMOND HEAD, KAPI‘OLANI PARK & CITY LIGHT VIEWS from your private lanai. Features FULL KITCHEN, OPEN LIVING/DINING AREA, KING BED, SOFABED for guests & ONE UNASSIGNED PARKING STALL. Flexible options: operate as a DAILY VACATION RENTAL, join the ASTON HOTEL RENTAL POOL, use a management company for LONG-/SHORT-TERM RENTAL, or enjoy as your PERSONAL RESIDENCE/STAYCATION. Just ONE BLOCK TO WORLD-FAMOUS WAIKIKI BEACH, surrounded by restaurants, shopping & attractions including Honolulu Zoo, Waikiki Aquarium, Ala Wai Golf Course, Ala Moana Center, Kapahulu & Kaka‘ako. Easy BUS/TROLLEY access. RESORT AMENITIES: pool, fitness room, BBQ area, laundry on every floor, minimart, 24-HR security & staffed front desk. |
|---|---|
| Status | Active since 06-11-2026 |
| MLS# | 202611367 |
| Price | $679,000 |
| Original Price | $698,000 |
| Price Change | $-19,000 (-2.72%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 534 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $851 |
| Building | Waikiki Sunset |
| Address | 229 Paoakalani Avenue 1812 (NUC) Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 108 |
| Year Built | 1979 |
| Condition | Above Average |
| View | Coastline, Diamond Head, Ocean, Sunset |
| Parking | Covered - 1, Garage, Guest, Street, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $527 |
| Assessed Land | $77,300 |
| Assessed Building | $589,900 |
| Assessed Total | $667,200 |
| Assessed Ratio | 102% |
| Inclusions | AC Central, Blinds, Disposal, Drapes, Kitchenware, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | Club House, Community Laundry, Exercise Room, Fire Sprinkler, Other, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Security Guard, Trash Chute, Wall/Fence |
| Construction | Concrete |
| Flooring | Vinyl, W/W Carpet |
| Disclosures | Property Disclosure Stmt, See Remarks |
| Furnished | Full |
| Land Recorded | Dual Systems |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Key, Security Patrol |
| Parcel # | 1-2-6-028-011-0160 |
| Listing courtesy of | Century 21 Island Homes |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-11-2026 | 202611367 | Price Decrease | $698,000 | $679,000 | $679,000 | $0 | $667,200 | $77,300 | $589,900 |
| 06-11-2026 | 202611367 | New Listing | A | $679,000 | $0 | $667,200 | $77,300 | $589,900 | |
| 09-17-2019 | 201914763 | Sold | C | S | $595,000 | $595,000 | $524,600 | $79,000 | $445,600 |
| 08-16-2019 | 201914763 | In Escrow Showing | A | C | $595,000 | $595,000 | $524,600 | $79,000 | $445,600 |
| 05-28-2019 | 201914763 | New Listing | A | $595,000 | $595,000 | $524,600 | $79,000 | $445,600 |
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