MOTIVATED SELLER ! SIGNIFICANT PRICE REDUCTION !! Don't miss this rare opportunity to own legal short term vacation rental unit in Waikiki. The unit currently participates in the Aston Rental Program. Fully furnished one bedroom one bath with one unassigned covered parking stall. Preferable cool side unit with great mountain and city views. Waikiki Sunset is conveniently located for shopping, variety of dining and entertainment. Very close to famous Waikiki Beach. This is the perfect property to enjoy as your own vacation home while generating income through short-term rentals. SELLER WILL PAY OFF SPECIAL ASSESSMENT AT CLOSING !
Active under contract
Price cut: $40K (6/29)
$529,000
229 Paoakalani Ave #807, Honolulu, HI 96815
1beds
546sqft
Condominium
Built in 1979
-- sqft lot
$507,900 Zestimate®
$969/sqft
$1,342/mo HOA
What's special
- 354 days |
- 37 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Keiko Kuga 808-271-0271,
Hawaii Living LLC
Source: HiCentral MLS,MLS#: 202518166
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Single Living Level
- Flooring: Carpet, Ceramic Tile
- Furnished: Yes
Interior area
- Total structure area: 601
- Total interior livable area: 546 sqft
Property
Parking
- Total spaces: 1
- Parking features: Covered, One Space, Unassigned
Features
- Levels: One
- Has view: Yes
- View description: City, Mountain(s)
Details
- Parcel number: 1260280110029
- Zoning description: X2 - Apartment Precinct
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
Condition
- Good Condition
- New construction: No
- Year built: 1979
Community & HOA
Community
- Features: Barbecue, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Trash Chute, Condo Hotel Community
- Security: Security Guard, Fire Sprinkler System
- Subdivision: Waikiki
HOA
- Services included: Common Areas, Cable TV, Electricity, HVAC, Hot Water, Sewer, Water
- HOA fee: $1,342 monthly
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $969/sqft
- Tax assessed value: $604,500
- Annual tax amount: $5,548
- Date on market: 8/15/2025
- Inclusions: AC Central, Cable TV, Disposal, Drapes, Kitchenware, Linens, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector
Estimated market value
$507,900
$483,000 - $533,000
$2,367/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Contingent | $529,000$969/sqft |
Source:  HiCentral MLS #202518166 Report a problem | ||
| 6/29/2026 | Price change | $529,000-7%$969/sqft |
Source: HiCentral MLS #202518166 Report a problem | ||
| 4/21/2026 | Price change | $569,000-3.6%$1,042/sqft |
Source: HiCentral MLS #202518166 Report a problem | ||
| 2/3/2026 | Price change | $590,000-6.2%$1,081/sqft |
Source: HiCentral MLS #202518166 Report a problem | ||
| 10/24/2025 | Price change | $629,000-1.6%$1,152/sqft |
Source: HiCentral MLS #202518166 Report a problem | ||
| 8/15/2025 | Listed for sale | $639,000+25.5%$1,170/sqft |
Source: HiCentral MLS #202518166 Report a problem | ||
| 7/2/2020 | Listing removed | $1,600$3/sqft |
Source: Kawakami Property Management, Inc. Report a problem | ||
| 6/4/2020 | Price change | $1,600-5.9%$3/sqft |
Source: Kawakami Property Management, Inc. Report a problem | ||
| 5/27/2020 | Price change | $1,700-5.6%$3/sqft |
Source: Kawakami Property Management, Inc. Report a problem | ||
| 5/5/2020 | Listed for rent | $1,800-4%$3/sqft |
Source: Kawakami Property Management, Inc. Report a problem | ||
| 3/25/2020 | Listing removed | $1,875$3/sqft |
Source: Kawakami Property Management, Inc. Report a problem | ||
| 3/18/2020 | Listed for rent | $1,875$3/sqft |
Source: Kawakami Property Management, Inc. Report a problem | ||
| 1/9/2020 | Listing removed | $1,875$3/sqft |
Source: Kawakami Property Management, Inc. Report a problem | ||
| 1/2/2020 | Listed for rent | $1,875$3/sqft |
Source: Kawakami Property Management, Inc. Report a problem | ||
| 11/3/2019 | Listing removed | $509,000$932/sqft |
Source: Hawaii Living LLC #201922177 Report a problem | ||
| 8/4/2019 | Listed for sale | $509,000+522.2%$932/sqft |
Source: Hawaii Living LLC #201922177 Report a problem | ||
| 1/7/2008 | Sold | $81,800-39.4%$150/sqft |
Source: Public Record Report a problem | ||
| 4/25/2001 | Sold | $135,000$247/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,549 +151% | $604,500 -4.3% |
| 2024 | $2,211 +32.9% | $631,700 +32.9% |
| 2023 | $1,664 -5.6% | $475,300 -5.6% |
| 2022 | $1,763 +2.9% | $503,600 +2.9% |
| 2021 | $1,713 -5% | $489,500 -5% |
| 2020 | $1,804 +1.7% | $515,400 +1.7% |
| 2019 | $1,774 +12.2% | $506,900 +12.2% |
| 2018 | $1,581 +25% | $451,800 +25% |
| 2017 | $1,265 -9.6% | $361,500 -9.6% |
| 2016 | $1,399 -5.6% | $399,800 -5.6% |
| 2015 | $1,482 +44.9% | $423,300 +8.3% |
| 2014 | $1,022 | $391,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Waikiki
Nearby schools
GreatSchools rating
- 5/10President Thomas Jefferson Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10President George Washington Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Kaimuki High SchoolGrades: 9-12Distance: 0.8 mi
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