| Description | PRICE REDUCTION! Rare opportunity to own one of the most desirable stacks in Summer Villa, perfectly positioned with sweeping Ala Wai Golf Course, city, and partial ocean views. This spacious and tastefully updated 1BR/1BA unit stands out with no popcorn ceilings, fresh interior paint, and new luxury vinyl flooring with baseboards throughout. The refreshed kitchen features a new refrigerator, oven/range, and range hood, creating a clean, move-in ready feel. Enjoy indoor-outdoor living from your private lanai where cool breezes and open views make this home truly special. Additional features include in-unit washer/dryer and 1 assigned parking stall. Summer Villa is a secure, well-maintained building with pool, BBQ area, recreation spaces, resident manager, car wash, and more. Monthly fees include electricity, water, sewer, cable, and common area expenses. Conveniently located near Waikiki, beaches, shopping, dining, and everything Honolulu has to offer. |
|---|---|
| Status | Sold since 03-09-2026 |
| MLS# | 202604391 |
| Price | $285,000 |
| Original Price | $299,000 |
| Price Change | $-14,000 (-4.68%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 531 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,303 |
| Lanai Sq Ft | 96 |
| Building | Summer Villa |
| Address | 737 Olokele Avenue 703 Honolulu HI 96816 |
| Region | Metro |
| Neighborhood | Kapahulu |
| Days on Market | 60 |
| Year Built | 1979 |
| Year Remodeled | 2026 |
| Condition | Above Average |
| View | City, Diamond Head, Golf Course, Ocean, Sunrise |
| Parking | Assigned, Compact, Garage, Guest, Open - 1, Secured Entry, Street |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AE |
| Elementary | Ala Wai |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $70 |
| Assessed Land | $57,300 |
| Assessed Building | $341,400 |
| Assessed Total | $398,700 |
| Assessed Ratio | 71% |
| Inclusions | Cable TV, Disposal, Dryer, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer |
| Amenities | BBQ, Car Wash, Pool on Property, Recreation Area, Recreation Room, Resident Manager, Trash Chute |
| Construction | Concrete, Double Wall, Slab, Steel Frame |
| Flooring | Vinyl |
| Disclosures | Pets Allowed (Verify), Property Disclosure Stmt |
| Furnished | Partial |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Keyed Elevator |
| Parcel # | 1-2-7-035-079-0024 |
| Listing courtesy of | REMAX Hawaii |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-10-2026 | 202604391 | Sold | P | S | $285,000 | $275,000 | $398,700 | $57,300 | $341,400 |
| 05-19-2026 | 202604391 | Pending | C | P | $285,000 | $275,000 | $398,700 | $57,300 | $341,400 |
| 05-08-2026 | 202604391 | Active Under Contract | A | C | $285,000 | $275,000 | $398,700 | $57,300 | $341,400 |
| 04-08-2026 | 202604391 | Price Decrease | $299,000 | $285,000 | $285,000 | $275,000 | $398,700 | $57,300 | $341,400 |
| 03-09-2026 | 202604391 | New Listing | A | $285,000 | $275,000 | $398,700 | $57,300 | $341,400 |
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