| Description | Waikiki's legal short-term rental window is closing. Island Colony remains one of the last buildings on Oahu still zoned to capitalize on it, and this 16th-floor residence sits in the coveted 03 stack on the Diamond Head side, where units run cooler, lanais sit deeper, and the city's noise falls away. Mountain, canal, and skyline views fill the frame. The interior is immaculately renovated—turn-key from day one. Walk in, hand the keys to a manager and start collecting, or run it yourself for added income. The building has been re-piped with new drain lines and fitted with fire sprinklers, eliminating two of the capital expenditures that scare investors off older buildings. Five minutes reaches world-famous Waikiki Beach, the International Market Place, and nightlife found only on Oahu. The 6th-floor amenity deck holds the pool, hot tub, sauna, gym, and BBQ area—everything a guest could want for their island stay. For the investor who has watched Honolulu tighten the rules and wants in before the door fully closes, this is the asset and the Diamond Head side is the side to own. |
|---|---|
| Status | Active since 05-28-2026 |
| MLS# | 202609511 |
| Price | $375,000 |
| Original Price | $375,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 280 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $587 |
| Lanai Sq Ft | 116 |
| Building | Island Colony |
| Address | 445 Seaside Avenue 1603 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 123 |
| Year Built | 1979 |
| Year Remodeled | 2022 |
| Condition | Excellent,Above Average |
| View | City, Diamond Head, Marina/Canal, Sunrise |
| Parking | None, Street |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Elementary | Jefferson |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $411 |
| Assessed Land | $52,800 |
| Assessed Building | $279,600 |
| Assessed Total | $332,400 |
| Assessed Ratio | 113% |
| Inclusions | AC Window Unit, Kitchenware, Microwave, Refrigerator |
| Amenities | BBQ, Community Association Pool, Community Laundry, Condo Association Pool, Doorman, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool |
| Construction | Concrete |
| Flooring | Ceramic Tile, Vinyl |
| Disclosures | Property Disclosure Stmt |
| Furnished | Negotiable |
| Land Recorded | Land Court |
| Possession | At Closing, Negotiable |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Keyed Elevator, Video |
| Parcel # | 1-2-6-021-026-0168 |
| Listing courtesy of | Real Broker |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 05-28-2026 | 202609511 | New Listing | CS | A | $375,000 | $0 | $332,400 | $52,800 | $279,600 |
| 10-23-2025 | 202511000 | Expired | A | X | $395,000 | $0 | $351,000 | $52,800 | $298,200 |
| 05-05-2025 | 202511000 | New Listing | CS | A | $395,000 | $0 | $351,000 | $52,800 | $298,200 |
| 12-22-2021 | 202128350 | Sold | P | S | $280,000 | $260,000 | $234,300 | $52,800 | $181,500 |
| 11-08-2021 | 202128350 | In Escrow Not Showing | A | P | $280,000 | $260,000 | $234,300 | $52,800 | $181,500 |
| 11-08-2021 | 202128350 | New Listing | CS | A | $280,000 | $260,000 | $234,300 | $52,800 | $181,500 |
| 11-04-2021 | 202128350 | Coming Soon | CS | $280,000 | $260,000 | $234,300 | $52,800 | $181,500 | |
| 08-23-2012 | 1207992 | Sold | P | S | $187,000 | $185,000 | $161,200 | $14,700 | $146,500 |
| 07-31-2012 | 1207992 | Pending | C | P | $187,000 | $185,000 | $161,200 | $14,700 | $146,500 |
| 07-23-2012 | 1207992 | Active Continue to Show | A | C | $187,000 | $185,000 | $161,200 | $14,700 | $146,500 |
| 07-16-2012 | 1207992 | New Listing | A | $187,000 | $185,000 | $161,200 | $14,700 | $146,500 | |
| 12-01-2011 | 1112050 | Expired | A | X | $195,000 | $0 | $147,900 | $14,700 | $133,200 |
| 10-04-2011 | 1112050 | New Listing | A | $195,000 | $0 | $147,900 | $14,700 | $133,200 | |
| 12-27-2006 | 2615906 | Sold | P | S | $189,900 | $189,900 | $191,900 | $24,100 | $167,800 |
| 11-09-2006 | 2615906 | Active Continue to Show | A | C | $189,900 | $189,900 | $191,900 | $24,100 | $167,800 |
| 10-14-2006 | 2615906 | Price Decrease | $194,900 | $189,900 | $189,900 | $189,900 | $191,900 | $24,100 | $167,800 |
| 10-02-2006 | 2615906 | Price Decrease | $199,900 | $194,900 | $189,900 | $189,900 | $191,900 | $24,100 | $167,800 |
| 08-24-2006 | 2615906 | New Listing | A | $189,900 | $189,900 | $191,900 | $24,100 | $167,800 |
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