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Active
    • Price cut: $100K (7/14)
    $979,000

    1551 Ala Wai Blvd APT 401, Honolulu, HI 96815

    2beds
    1,196sqft
    : 
    $7,772/mo
    Get pre-qualified
    Condominium
    Built in 2008
    -- sqft lot
    $963,900 Zestimate®
    $819/sqft
    $2,002/mo HOA

    What's special

    Bbq areaNew paintNew refrigeratorNewly installed flooring
    Motivated seller, just reduced $10,000!! Watermark is one of the premiere condominium buildings in Waikiki! Preferred rarely available "01" corner unit on the lower floor with eye-level view of the boat harbor, ocean and common area of landscaped tropical garden. Additional windows in the kitchen, dining area and main bedroom for extra comfort. Conveniently located to many of the shopping and eating establishments in Waikiki, as well as Ala Moana Shopping Center and Ala Moana Beach Park. This unit offers newly installed flooring, new paint & new refrigerator. Unit taken off the market (Aug 14 - Nov 24, 2025) for renovation. Move in Condition. Well planned layout provides both convenience and privacy. Building amenities include heated swimming pool & spa, gym, meeting room, sauna, BBQ area, beautiful garden area with walking path. Two reserved covered parking stalls & storage locker. Concierge desk and 24 hour security.
    357 days
    |
    121
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Delphine S Funasaki 808-391-3901,

    Diamond Head Realty

    Source: HiCentral MLS,MLS#: 202511076MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air
      Features
      • Bedroom on Main Level, Full Bath on Main Level, Storage, Single Living Level
      • Flooring: Ceramic Tile, Laminate
      Interior area
      • Total structure area: 1,264
      • Total interior livable area: 1,196 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Covered, Guest, Two Spaces, On Street, Secured
      Features
      • Levels: One
      • Pool features: Heated
      • Spa features: Community
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Frontage type: Other
      Details
      • Parcel number: 1260110010014
      • 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
      • Good Condition,Updated/Remodeled
      • New construction: No
      • Year built: 2008
      • Major remodel year: 2025

      Community & HOA

      Community
      • Features: Barbecue, Community Pool, Conference/Meeting Room, Deck/Porch, Fitness, Patio, Pool, Recreation Area, Sauna, Storage Facilities, Trash Chute
      • Security: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Door Man, Fire Sprinkler System, Security Guard
      • Subdivision: Waikiki
      HOA
      • Amenities included: Management
      • Services included: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Sewer, Water
      • HOA fee: $2,002 monthly
      Location
      • Region: Honolulu

      Financial & listing details

      • Price per square foot: $819/sqft
      • Tax assessed value: $1,217,000
      • Annual tax amount: $6,468
      • Date on market: 5/1/2025
      • Inclusions: AC Central, Auto Garage Door Opener, Blinds, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater

        Estimated market value

        $963,900

        $916,000 - $1.01M

        $5,186/mo

        Price history

        DateEventPrice
        7/14/2026Price change$979,000-9.3%$819/sqft
        Source: HiCentral MLS #202511076 Report a problem
        12/23/2025Price change$1,079,000-8.6%$902/sqft
        Source: HiCentral MLS #202511076 Report a problem
        11/25/2025Listed for sale$1,180,000$987/sqft
        Source: HiCentral MLS #202511076 Report a problem
        8/15/2025Listing removed$1,180,000$987/sqft
        Source: HiCentral MLS #202511076 Report a problem
        5/2/2025Listed for sale$1,180,000+21.6%$987/sqft
        Source: HiCentral MLS #202511076 Report a problem
        2/13/2015Sold$970,000+16.9%$811/sqft
        Source: Public Record Report a problem
        2/14/2011Sold$830,000-1.2%$694/sqft
        Source: Public Record Report a problem
        1/1/2011Price change$840,000-5.4%$702/sqft
        Source: NRT Hawaii #1014543 Report a problem
        11/15/2010Listed for sale$888,000-8.5%$742/sqft
        Source: NRT Hawaii #1014543 Report a problem
        11/21/2009Listing removed$970,000$811/sqft
        Source: NRT Hawaii #2908704 Report a problem
        6/28/2009Listed for sale$970,000$811/sqft
        Source: NRT Hawaii #2908704 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,942 +22.7%$1,345,800 +10.6%
        2024$6,474 +51.1%$1,217,000 +18.7%
        2023$4,285 -9.8%$1,025,000 +0.1%
        2022$4,752 +49%$1,024,000 +12.4%
        2021$3,189 -7.2%$911,200 -7.2%
        2020$3,436 +3%$981,800 +3%
        2019$3,336 +8.6%$953,200 +8.6%
        2018$3,072 +0.1%$877,700 +0.1%
        2017$3,067 -52.9%$876,400 -19.2%
        2016$6,506 +3.3%$1,084,400 +3.3%
        2015$6,296 +93.8%$1,049,400 +6.7%
        2014$3,249 $983,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Waikiki

        Getting around

        92 / 100
        Walker's Paradise
        72 / 100
        Excellent Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Jefferson
        • 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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