| Description | Motivated Seller! Ala Wai Plaza Penthouse – Urban Sanctuary in the Sky Recently remodeled penthouse with breathtaking views, perfectly balancing luxury and convenience. Located in Honolulu's most architecturally distinctive condominium for discerning buyers. Northwest Interiors Designs created stunning modern touches include show-stopping modern Austrian crystal chandelier and seamless open kitchen concept reflecting sophisticated contemporary living. With spectacular views & open layout this 2-bedroom, 2.5-bathroom with dramatic 10-foot floor-to-ceiling windows showcases panoramic views of Ala Wai Canal, Waikiki, and Diamond Head. Expansive lanai perfect for entertaining captures Hawaiian living at its finest. Like to travel? Then you will love this Travel-Ready Secured home in the sky! The expansive lanai is equipped with a Storm shutter window covering system and ornate security gate allowing for extended travel with complete confidence. Some of the great amenities offered are two dedicated parking stalls, swimming pool, fitness center, BBQ areas, and 24/7 security. This is the perfect combination of luxury, security, and convenience for the very best in Honolulu living. |
|---|---|
| Status | Sold since 05-19-2025 |
| MLS# | 202511748 |
| Price | $995,000 |
| Original Price | $1,175,000 |
| Price Change | $-180,000 (-15.32%) |
| Beds / Baths / Half | 2 / 2 / 1 |
| Parking Spaces | 2 |
| Living Sq Ft | 1,736 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,790 |
| Lanai Sq Ft | 634 |
| Building | Ala Wai Plaza |
| Address | 500 University Avenue PH6 Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Kapiolani |
| Days on Market | 268 |
| Year Built | 1970 |
| Year Remodeled | 2025 |
| Condition | Above Average |
| View | City, Diamond Head, Golf Course, Marina/Canal, Mountain, Sunset |
| Frontage | Other, Stream/Canal |
| Parking | Assigned, Covered - 2, Secured Entry |
| Zoning | 13 - A-3 High Density Apartment |
| Flood Zone | Zone A |
| Tax Amount | $201 |
| Assessed Land | $186,600 |
| Assessed Building | $662,400 |
| Assessed Total | $849,000 |
| Assessed Ratio | 117% |
| Inclusions | AC Split, Ceiling Fan, Chandelier, Disposal, Dryer, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater |
| Amenities | BBQ, Car Wash, Club House, Condo Association Pool, Exercise Room, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Security Guard, Storage, Trash Chute, Whirlpool |
| Construction | Concrete, Steel Frame |
| Flooring | Ceramic Tile, Vinyl |
| Disclosures | None |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Keyed Elevator, Security Patrol, Video |
| Parcel # | 1-2-7-013-002-0345 |
| Listing courtesy of | Keller Williams Honolulu |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 04-14-2026 | 202511748 | Sold | C | S | $995,000 | $980,000 | $849,000 | $186,600 | $662,400 |
| 02-20-2026 | 202511748 | Active Under Contract | A | C | $995,000 | $980,000 | $849,000 | $186,600 | $662,400 |
| 01-19-2026 | 202511748 | Price Decrease | $1,075,000 | $995,000 | $995,000 | $980,000 | $849,000 | $186,600 | $662,400 |
| 12-03-2025 | 202511748 | Back On Market | C | A | $995,000 | $980,000 | $849,000 | $186,600 | $662,400 |
| 11-24-2025 | 202511748 | Active Under Contract | A | C | $995,000 | $980,000 | $849,000 | $186,600 | $662,400 |
| 08-11-2025 | 202511748 | Price Decrease | $1,175,000 | $1,075,000 | $995,000 | $980,000 | $849,000 | $186,600 | $662,400 |
| 05-19-2025 | 202511748 | New Listing | A | $995,000 | $980,000 | $849,000 | $186,600 | $662,400 |
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