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  • Price cut: $22K (8/13)
    $520,000

    229 Paoakalani Ave #1112, Honolulu, HI 96815

    1beds
    534sqft
    : 
    $4,335/mo
    Get pre-qualified
    Condominium
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $974/sqft
    $1,312/mo HOA

    What's special

    Unique opportunity for vacation living and investment at Waikiki Sunset. One of only eight ADA-accessible residences in the building, this exceptional unit offers comfort, convenience and income potential—ideal as an investment, second home or primary residence. Legally permitted for short-term rentals and part of the Aston Hotel rental pool, this property offers rare flexibility for personal enjoyment with proven rental appeal. Just moments from world-famous Waikiki Beach, shopping, dining and entertainment, the location is highly desirable to visitors year-round. Inside, a well-designed interior maximizes natural light and functionality, creating a relaxing island retreat above the city. Enjoy south-facing views of the Waikiki skyline, iconic Diamond Head and a slice of ocean beyond. Resort-style amenities include a pool, fitness center, sauna, BBQ recreation area and on-site convenience store—enhancing both lifestyle and rental desirability. Whether seeking a turnkey vacation rental or your own slice of paradise, this residence offers a rare blend of accessibility, flexibility, resort amenities and quintessential Waikiki living. A special opportunity in the heart of Waikiki.
    116 days
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    90
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Scott D Larimer 808-723-5554,

    Hawaii Modern Realty,

    David Jacobs 808-772-7514,

    Hawaii Modern Realty

    Source: HiCentral MLS,MLS#: 202608114MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Cooling
      • Central Air
      Features
      • Handicap Access, Single Living Level
      • Flooring: Carpet, Ceramic Tile, Vinyl
      • Furnished: Yes
      Interior area
      • Total structure area: 601
      • Total interior livable area: 534 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Covered, One Space, Unassigned
      Features
      • Levels: One
      • Has view: Yes
      • View description: City, Mountain(s), Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Frontage type: Other
      Details
      • Parcel number: 1260280110076
      • Zoning description: X2 - Apartment Precinct
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      Materials
      • Concrete
      Condition
      • Good Condition,Updated/Remodeled
      • New construction: No
      • Year built: 1979

      Community & HOA

      Community
      • Features: Barbecue, Community Pool, Conference/Meeting Room, Deck/Porch, Laundry Facilities, Patio, Pool, Recreation Area, Sauna, Trash Chute, Condo Hotel Community
      • Security: Closed Circuit Camera(s), Key Card Entry, Fire Sprinkler System, Security Guard
      • Subdivision: Waikiki
      HOA
      • Services included: Common Areas, Cable TV, Electricity, HVAC, Hot Water, Sewer, Water
      • HOA fee: $1,312 monthly
      Location
      • Region: Honolulu

      Financial & listing details

      • Price per square foot: $974/sqft
      • Tax assessed value: $657,300
      • Annual tax amount: $3,684
      • Date on market: 4/24/2026
      • Inclusions: AC Central, Cable TV, Drapes, Kitchenware, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Price change$520,000-4.1%$974/sqft
        Source: HiCentral MLS #202608114 Report a problem
        6/3/2026Price change$542,000-4.9%$1,015/sqft
        Source: HiCentral MLS #202608114 Report a problem
        4/25/2026Listed for sale$570,000+613.1%$1,067/sqft
        Source: HiCentral MLS #202608114 Report a problem
        1/31/2008Sold$79,933$150/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,250 +130.5%$678,600 +8.2%
        2024$5,748 +34.2%$626,900 +11.5%
        2023$4,283 +135.2%$562,400 +13.1%
        2022$1,821 +2.9%$497,300 +2.7%
        2021$1,769 -70.2%$484,200 -6.3%
        2020$5,937 +218.9%$517,000 +1.6%
        2019$1,862 +17.3%$508,800 +12.2%
        2018$1,587 +24.6%$453,300 +24.6%
        2017$1,273 -9.9%$363,700 -9.9%
        2016$1,413 -5.2%$403,800 -5.2%
        2015$1,490 +41%$425,800 +9.9%
        2014$1,057 $387,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Waikiki

        Getting around

        91 / 100
        Walker's Paradise
        60 / 100
        Good Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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