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Condo sold for $3,400,000 in 194 days

Park Lane #1606 1388 Ala Moana Blvd #1606, Honolulu, HI, 96814

Neighborhood: Ala Moana

Off the market 2 beds 2 baths 1,563 sqft

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Experience Park Lane Ala Moana, Honolulu’s premiere luxury residential condominium offering a single family home living experience in the sky! This beautiful 2-Bd, 2-bath condo offers wide open living spaces connected to a sizable covered lanai w/views of the park & Ala Moana Beach beyond. The kitchen, w/ center island & dine-in seating, offers professional appliances & cabinetry + an abundance of counter space. The Primary Suite, offers light filled windows & has a lovely bath w/ dual vanities, walk in shower + deep soaking tub & a sizable walk in closet. Additionally included is assigned tandem cov’d parking for 2-cars + storage. This condo offers an opportunity to be a part of Park Lane, a highly coveted project developed by the McNaughton & Kobayashi Groups located on the beachside of Ala Moana Center. Experience an array of resort amenities including an expansive pool, fitness center, theater, dog park, EV charging station, gorgeous grounds w/ tropical landscape, concierge services, security & ease of lifestyle from this premiere property. Conveniently located to dining, shopping and the sandy shores of Ala Moana Beach, this condo offers the ideal island lifestyle!
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Details of Park Lane #1606

1,563 sqft interior area
Property type
Condo
Interior area
1,563 sqft
Open Lanai area
141 sqft
View
City, Coastline, Ocean
Price per sqft
$2,175/sqft
Address
1388 Ala Moana Blvd #1606, Honolulu, HI, 96814
City of Hawaii
Honolulu
Island
Oahu
Condo building
Park Lane
Year Built
2016
Sold price
$3,400,000
HOA dues
$2,676
Total Monthly fees
$3,038
Total area
1,704 sqft
nr.of parking places
2
Floor Number
6
Land tenure
FS - Fee Simple
Neighborhood
Ala Moana
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

2 parking places, Ceramic Tile, Hardwood, Marble/Granite floors
Beds
2
Baths
2
Floors
Ceramic Tile, Hardwood, Marble/Granite
Property Condition
Excellent
Other Fee Includes
Cable TV,Gas,Internet Service,Other Common Expenses
Garage & Parking
Assigned, Covered - 2, Guest, Secured Entry, Tandem
Unit features
Bedroom on 1st Level, Central AC, Corner/End, Even# Unit, Full Bath on 1st Floor, Single Level, Storage
Inclusions
AC Central, Auto Garage Door Opener, Blinds, Cable TV, Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer

Listed by

Tracy Allen, Coldwell Banker Realty
(808) 596-0456
Name
Tracy Allen
License number
RS-46610
Brokerage company
Coldwell Banker Realty
(808) 596-0456
MLS #
202319051

Buyer agent

Name
Yoonjung L Kim
Brokerage company
Hawaii Living LLC
(808) 943-9000

Payment calculator

Calculate your monthly payments
Mortgage
$10,439
Taxes
$1,880
HOA dues
$2,676
$14,995 per month
Mortgage
$680,000 / 20%
2.28%
30 years
Your amount $10,439 / month

Exterior Features

Concrete, Double Wall, Masonry/Stucco, Slab, Steel Frame construction
Construction
Concrete, Double Wall, Masonry/Stucco, Slab, Steel Frame

Lot details

TMK #1230380130028
Parcel nr.
1230380130028

Ala Moana neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in Ala Moana

31%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 44 years
More info

Commute types

64% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

49% have 1 vehicle
More info

Vehicles by gender

49% have 1 vehicle
More info

Housing market insights for Park Lane #1606

$724.78k
Neighborhood average
sales price*
$520.41k
Neighborhood median
sales price*
1230
Number
of sales*
$7.11m
Median sale price Park Lane*

Housing type

62% are apartments
More info

Rooms

39% of the houses have 2 or 3 rooms
More info

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

52% are renters
More info
17.17 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Park Lane building info

Park Lane
BBQ
Concierge
Exercise Room
Heated Pool
Meeting Room
Patio/Deck
Also features:
pool on property, recreation area, recreation room, resident manager, sauna, security guard, valet, whirlpool

Other details

Security
Card, Keyed Elevator, Security Patrol, Video
Construction
Concrete, Double Wall, Masonry/Stucco, Slab, Steel Frame
Owner occupancy percentage
85

Schools

15 schools with rating up to 8
School rating Distance
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
Elementary School
0.338mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
Middle School
0.338mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
High School
0.578mi
School rating Distance
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.338mi
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.789mi
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.941mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.959mi
6
out of 10
Voyager - A Public Charter School
547 Halekauwila St, Honolulu, HI 96813
0.969mi
School rating Distance
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.338mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.832mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.959mi
6
out of 10
Voyager - A Public Charter School
547 Halekauwila St, Honolulu, HI 96813
0.969mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
1.042mi
School rating Distance
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.578mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.986mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
1.042mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
1.114mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
1.195mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jan 16, 2024

Park Lane Median sales price 2024

Bedrooms Med. price % of listings
2 beds $3.4m 100%
Date Event Price $/sqft Source
Jan 16, 2024 Sold $3,400,000 2175.3 Public Record
Jan 16, 2024 Price Decrease $3,400,000 -9.33% 2175.3 MLS #202319051
Dec 6, 2023 $3,750,000 2399.23 MLS #202319051
Sep 21, 2023 New Listing $3,750,000 +34.17% 2399.23 MLS #202319051
Aug 6, 2021 Sold $2,795,000 1788.23 Public Record
Aug 6, 2021 Price Decrease $2,795,000 -2.95% 1788.23 MLS #202116407
Jul 1, 2021 Under contract $2,880,000 1842.61 MLS #202116407
Jun 25, 2021 New Listing $2,880,000 1842.61 MLS #202116407

Taxes of 1388 Ala Moana Blvd #1606, Honolulu, HI, 96814

33 - BMX-3 Community Business M zoning / MLS #202319051
Current Property Taxes p/month
$1,879
Assessed Improvement value
$2,331,300
Assessed Land value
$296,500
Land Recorded
Land Court
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone AE
Total Assessed value
$2,627,800

Tax History

Year Taxes Source
2023 $22,557 MLS #202319051
2020 $22,778 MLS #202116407
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

Agent viewpoints of 1388 Ala Moana Blvd #1606, Honolulu, HI, 96814

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about Park Lane #1606

What is Park Lane #1606?

1388 Ala Moana Blvd #1606, Honolulu, HI, 96814 in the Park Lane condominium building. This is a 2 bathrooms and 2 bedroom condo in the Ala Moana neighborhood. This apartment has 1,563 sqft interior space. This condo is located on floor number 6 with unit number 1606. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, Coastline, Ocean views.

Which year was this condo built?

This condo was build in 2016.

Which year was this property last sold?

This property was sold in 2024.

What is the full address of this Condo?

1388 Ala Moana Blvd #1606, Honolulu, HI, 96814.

Are grocery stores nearby?

The closest grocery stores are Food Land Farms, 0.11 miles away and Nijiya Supermarket, 0.13 miles away.

What is the neighborhood like?

The Ala Moana neighborhood has a population of 364,089, and 31% of the families have children. The median age is 44.88 years and 64% commute by car. The most popular housing type is "apartment" and 52% is renter.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Realty.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Jan 17, 2024
Verhouse Last checked 4 minutes ago

1388 Ala Moana Blvd #1606, Honolulu, HI, 96814 in the Park Lane condominium building. This is a 2 bathrooms and 2 bedroom condo in the Ala Moana neighborhood. This apartment has 1,563 sqft interior space with City,Coastline,Ocean views. This condo is located on floor number 6 with unit number 1606. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Food Land Farms, 0.11 miles away and Nijiya Supermarket, 0.13 miles away.
The Ala Moana neighborhood has a population of 364,089, and 31% of the families have children. The median age is 44.88 years and 64% commute by car. The most popular housing type is "apartment" and 52% is renter.
Condo Sold $3.4m 1388 Ala Moana Blvd #1606, Honolulu, HI, 96814 2 beds / 2 baths / 1,563 sqft Save House Remove from Saved