Situated at the entrance of Waikiki, The Watermark is one of Honolulu's most established luxury condominium destinations. This 2-bedroom, 2-bath residence shows incredible pride of ownership throughout. Step inside and be greeted by captivating Pacific Ocean, Marina, and Beach Park views from your primary living area, lanai space, and both bedrooms. This residence features an open-concept living experience with a designer kitchen clad in Viking appliances, spacious main living room area opening up to your private lanai, plus two large bedrooms, including a primary suite with a true resort-style ensuite bath. On-site resort amenities include a saltwater swimming pool, Jacuzzi tub, sauna, multiple barbecue spaces, tropically landscaped paths and yard spaces, exercise room, and more. The Watermark is sits just minutes to all-things Waikiki, Ala Moana, and Kaka'ako, putting near-endless options for dining, shopping, entertainment, beach and water activities at your convenience. Discover Paradise, Found at The Watermark #1605. Listing includes enhanced, zoomed-in photos.
Closed
$1,225,000
1551 Ala Wai Blvd APT 1605, Honolulu, HI 96815
2beds
1,081sqft
Condominium
Built in 2008
-- sqft lot
$1,210,500 Zestimate®
$1,133/sqft
$4,820 Estimated rent
Home value
$1,210,500
$1.14M - $1.30M
$4,820/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Atsuko Ajed 808-780-4572,
Sachi HI Pacific Century Prop.
Bought with:
Yoshiko T Wong, RS-78775
Hawaii Living LLC
Source: HiCentral MLS,MLS#: 202516704
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air
Features
- Flooring: Ceramic Tile, Hardwood, Marble
Interior area
- Total structure area: 1,157
- Total interior livable area: 1,081 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Covered, Two Spaces
Features
- Spa features: Community
- Has view: Yes
- View description: Canal, City, Ocean, Sunset
- Has water view: Yes
- Water view: Canal,Ocean
- Frontage type: Canal
Details
- Parcel number: 1260110010080
- Zoning description: X2 - Apartment Precinct
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
Materials
- Masonry, Concrete, Stucco
Condition
- Excellent
- New construction: No
- Year built: 2008
Community & HOA
Community
- Features: Barbecue, Concierge, Conference/Meeting Room, Fitness, Pool, Sauna, Trails/Paths, Trash Chute
- Security: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Fire Sprinkler System, Security Guard
- Subdivision: Waikiki
HOA
- Amenities included: Concierge, Management
- Services included: Common Areas, Cable TV, Internet, None, Sewer, Water
- HOA fee: $1,783 monthly
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $1,133/sqft
- Tax assessed value: $1,235,200
- Annual tax amount: $4,653
- Date on market: 7/23/2025
- Inclusions: AC Central, Dishwasher, Disposal, Dryer, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Sold | $1,225,000-2.4%$1,133/sqft |
Source:  HiCentral MLS #202516704 Report a problem | ||
| 10/25/2025 | Contingent | $1,255,000$1,161/sqft |
Source: HiCentral MLS #202516704 Report a problem | ||
| 7/24/2025 | Listed for sale | $1,255,000+0.4%$1,161/sqft |
Source: HiCentral MLS #202516704 Report a problem | ||
| 3/28/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/22/2024 | Listed for rent | $9,000$8/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2016 | Sold | $1,250,000-2.3%$1,156/sqft |
Source: Agent Provided Report a problem | ||
| 8/31/2015 | Price change | $1,280,000-5.2%$1,184/sqft |
Source: Locations, Diamond Head #201510325 Report a problem | ||
| 6/23/2015 | Listed for sale | $1,350,000+22.7%$1,249/sqft |
Source: Locations LLC #201510325 Report a problem | ||
| 11/27/2013 | Sold | $1,100,000+1.9%$1,018/sqft |
Source: Public Record Report a problem | ||
| 10/24/2012 | Listing removed | $1,080,000$999/sqft |
Source: Sachi Hawaii - Pacific Century Properties LLC #1206366 Report a problem | ||
| 6/8/2012 | Listed for sale | $1,080,000+8%$999/sqft |
Source: Sachi Hawaii - Pacific Century Properties LLC #1206366 Report a problem | ||
| 3/23/2011 | Sold | $999,999-1%$925/sqft |
Source: Public Record Report a problem | ||
| 1/15/2011 | Listed for sale | $1,010,000-3.8%$934/sqft |
Source: NRT Hawaii #1100396 Report a problem | ||
| 9/11/2010 | Listing removed | $1,050,000$971/sqft |
Source: NRT Hawaii #1009842 Report a problem | ||
| 7/29/2010 | Listed for sale | $1,050,000+23.5%$971/sqft |
Source: NRT Hawaii #1009842 Report a problem | ||
| 3/31/2009 | Sold | $850,000$786/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,681 +43.6% | $1,235,200 +16.8% |
| 2024 | $4,653 -43.7% | $1,057,300 -23.1% |
| 2023 | $8,266 -31.7% | $1,374,200 +21.7% |
| 2022 | $12,103 +92% | $1,129,500 -3.6% |
| 2021 | $6,304 +15.8% | $1,171,800 +7.5% |
| 2020 | $5,444 -2.1% | $1,089,900 -1% |
| 2019 | $5,559 -9.3% | $1,100,900 -6.8% |
| 2018 | $6,128 -15.6% | $1,180,900 -2.4% |
| 2017 | $7,258 -1.3% | $1,209,700 -1.3% |
| 2016 | $7,355 -4.9% | $1,225,800 -4.9% |
| 2015 | $7,735 +188.2% | $1,289,100 +18.2% |
| 2014 | $2,684 | $1,091,000 |
Find assessor info on the county website
Neighborhood: Waikiki
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Nearby schools
GreatSchools rating
- 5/10President Thomas Jefferson Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 7/10President George Washington Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Kaimuki High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Ala Wai
- Middle: Washington
- High: Kaimuki
Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Hawaii
- Honolulu County
- Honolulu
- 96815
- Waikiki
- 1551 Ala Wai Blvd Apartment 1605
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