| Description | Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS. |
|---|---|
| Status | Sold since 01-09-2025 |
| MLS# | 202501525 |
| Price | $3,250,000 |
| Original Price | $3,250,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 0 |
| Two Bed Units | 0 |
| Three Bed Units | 4 |
| Living Sq Ft | 2,988 |
| Land Sq Ft | 7,103 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 303 Wai Nani Way Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 10 |
| Year Built | 1939 |
| Year Remodeled | 2015 |
| Condition | Average |
| View | None |
| Frontage | Other |
| Parking | Assigned, Covered, Open, Tandem |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone X |
| Elementary | Jefferson |
| Middle | Washington |
| High | Mckinley |
| Tax Amount | $557 |
| Assessed Land | $1,685,200 |
| Assessed Building | $224,700 |
| Assessed Total | $1,909,900 |
| Assessed Ratio | 170% |
| Utilities | Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water |
| Construction | Above Ground, Single Wall, Wood Frame |
| Lot Features | Clear |
| Disclosures | 1031 Exchange, Licensed Owner, Listor Owner, Pet on Property, Property Disclosure Stmt, Relative of Licen |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Asphalt Shingle |
| Easements | Electric |
| Parcel # | 1-2-6-028-044-0000 |
| Listing courtesy of | Gloria Chi Realty Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 04-04-2025 | 202501525 | Sold | P | S | $3,250,000 | $3,190,000 | $1,909,900 | $1,685,200 | $224,700 |
| 02-20-2025 | 202501525 | Pending | C | P | $3,250,000 | $3,190,000 | $1,909,900 | $1,685,200 | $224,700 |
| 01-19-2025 | 202501525 | Active Under Contract | A | C | $3,250,000 | $3,190,000 | $1,909,900 | $1,685,200 | $224,700 |
| 01-09-2025 | 202501525 | New Listing | A | $3,250,000 | $3,190,000 | $1,909,900 | $1,685,200 | $224,700 | |
| 10-20-2024 | 202324062 | Expired | A | X | $3,350,000 | $0 | $1,881,800 | $1,662,100 | $219,700 |
| 02-04-2024 | 202324062 | Price Decrease | $3,500,000 | $3,350,000 | $3,350,000 | $0 | $1,881,800 | $1,662,100 | $219,700 |
| 10-20-2023 | 202324062 | New Listing | A | $3,350,000 | $0 | $1,881,800 | $1,662,100 | $219,700 | |
| 10-19-2023 | 202217121 | Expired | A | X | $3,580,000 | $0 | $1,821,100 | $1,615,900 | $205,200 |
| 10-19-2022 | 202217121 | New Listing | A | $3,580,000 | $0 | $1,821,100 | $1,615,900 | $205,200 | |
| 01-23-2015 | 201417794 | Sold | C | S | $1,750,000 | $1,500,000 | $1,359,800 | $1,278,500 | $81,300 |
| 11-19-2014 | 201417794 | Active Continue to Show | A | C | $1,750,000 | $1,500,000 | $1,359,800 | $1,278,500 | $81,300 |
| 09-09-2014 | 201417794 | New Listing | A | $1,750,000 | $1,500,000 | $1,359,800 | $1,278,500 | $81,300 |
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