| Description | Coveted 2-bedroom, 1-bathroom condo at Ala Wai Cove with sweeping Diamond Head and canal views! This beautifully updated residence offers an open-concept living, dining, and kitchen layout, creating a comfortable and inviting space for everyday living and entertaining. Step onto the spacious 93 sq. ft. lanai and enjoy unobstructed views of iconic Diamond Head, the Ala Wai Canal, Ala Wai Golf Course, and Ala Wai Park. The recently renovated kitchen features custom cabinetry, quartz countertops and backsplash, a new stove, cooktop, and range hood, providing a fresh and modern finish. Koa luxury vinyl plank flooring extends throughout the living areas and bedrooms, complementing the warm, inviting interior. Additional features include one assigned covered parking stall and a pet-friendly building. Ideally situated in the heart of Honolulu, Ala Wai Cove is conveniently located near shopping, restaurants, entertainment, beaches, and the many attractions of Waikiki. A rare opportunity to enjoy spectacular views, a thoughtful renovation, and an unbeatable central location. |
|---|---|
| Status | Active since 09-01-2026 |
| MLS# | 202616771 |
| Price | $399,000 |
| Original Price | $399,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 2 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 696 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,302 |
| Building | Ala Wai Cove |
| Address | 509 University Avenue 703 Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Kapiolani |
| Days on Market | 26 |
| Year Built | 1961 |
| Year Remodeled | 2026 |
| Condition | Excellent,Above Average |
| View | City, Diamond Head, Golf Course, Marina/Canal, Mountain, Sunrise, Sunset |
| Parking | Assigned, Covered - 1 |
| Zoning | 13 - A-3 High Density Apartment |
| Flood Zone | Zone A |
| Tax Amount | $131 |
| Assessed Land | $98,100 |
| Assessed Building | $332,700 |
| Assessed Total | $430,800 |
| Assessed Ratio | 93% |
| Inclusions | Cable TV, Ceiling Fan, Drapes, Intercom, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | Community Laundry, Patio/Deck, Resident Manager, Trash Chute |
| Construction | Concrete, Double Wall, Hollow Tile, Slab |
| Flooring | Ceramic Tile, Vinyl |
| Disclosures | Pets Allowed (Verify), Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | 45 Days or Less, At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Card, Key |
| Parcel # | 1-2-7-013-011-0048 |
| Listing courtesy of | Hawaii Military Realty, Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-01-2026 | 202616771 | New Listing | A | $399,000 | $0 | $430,800 | $98,100 | $332,700 | |
| 06-01-2026 | 202525750 | Expired | A | X | $399,900 | $0 | $447,500 | $98,100 | $349,400 |
| 03-25-2026 | 202525750 | Price Decrease | $425,000 | $399,900 | $399,900 | $0 | $447,500 | $98,100 | $349,400 |
| 11-19-2025 | 202525750 | New Listing | A | $399,900 | $0 | $447,500 | $98,100 | $349,400 | |
| 11-19-2019 | 201930165 | Sold | C | S | $375,000 | $375,000 | $376,300 | $79,200 | $297,100 |
| 10-30-2019 | 201930165 | In Escrow Showing | A | C | $375,000 | $375,000 | $376,300 | $79,200 | $297,100 |
| 10-25-2019 | 201930165 | New Listing | A | $375,000 | $375,000 | $376,300 | $79,200 | $297,100 | |
| 10-25-2019 | 201926107 | Expired | A | X | $389,000 | $0 | $376,300 | $79,200 | $297,100 |
| 09-12-2019 | 201926107 | New Listing | A | $389,000 | $0 | $376,300 | $79,200 | $297,100 | |
| 09-12-2019 | 201916884 | Expired | A | X | $399,000 | $0 | $376,300 | $79,200 | $297,100 |
| 06-25-2019 | 201916884 | New Listing | A | $399,000 | $0 | $376,300 | $79,200 | $297,100 | |
| 08-13-2014 | 201407264 | Sold | P | S | $396,000 | $370,000 | $286,300 | $62,800 | $223,500 |
| 08-09-2014 | 201407264 | Pending | C | P | $396,000 | $370,000 | $286,300 | $62,800 | $223,500 |
| 06-28-2014 | 201407264 | Active Continue to Show | A | C | $396,000 | $370,000 | $286,300 | $62,800 | $223,500 |
| 05-09-2014 | 201407264 | New Listing | A | $396,000 | $370,000 | $286,300 | $62,800 | $223,500 | |
| 07-30-2010 | 1006726 | Sold | C | S | $335,000 | $330,000 | $278,300 | $69,300 | $209,000 |
| 07-30-2010 | 1006726 | Active Continue to Show | A | C | $335,000 | $330,000 | $278,300 | $69,300 | $209,000 |
| 06-24-2010 | 1006726 | Price Decrease | $350,000 | $335,000 | $335,000 | $330,000 | $278,300 | $69,300 | $209,000 |
| 05-21-2010 | 1006726 | New Listing | A | $335,000 | $330,000 | $278,300 | $69,300 | $209,000 |
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