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Condo sold for $2,550,000 in 49 days

The Watermark #3505 1551 Ala Wai Blvd #3505, Honolulu, HI, 96815

Neighborhood: Waikiki

Off the market 2 beds 2 baths 1,275 sqft

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This property is truly unparralled with a rooftop, wrap around lanai on the 35th floor with spectacular sweeping views of Diamond Head, Waikiki Beach, the south shore of Ala Moana & beyond, Waianae Range as well as the Koolaus & Manoa Valley! It is truly breathtaking. Enjoy breakfast while the sun rises & casts its colors on the sky & sea, sunbathe under the trellis during the day, & gaze at the stars every night! You can still enjoy these views from every living space with ceiling to floor windows! This 2 bedroom also includes a den that leads to the rooftop lanai. The interior is very well appointed with top of the line appliances & fixtures. The living room also offers a covered lanai with a panoramic view of the ocean. Watermark Waikiki also offers congenial on-site staff & a gorgeous resort-like setting that truly takes advantage of Hawaii's natural beauty & environment. This gem is close to world class beaches, luxury shopping, dining & entertainment. Escape to this 35th floor oasis ~ you'll never want to leave! Click reel to see amazing video tour.
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Details of The Watermark #3505

1,275 sqft interior area
Property type
Condo
Interior area
1,275 sqft
Open Lanai area
1,047 sqft
View
City, Coastline, Diamond Head, Marina/Canal, Mountain, Ocean, Sunrise, Sunset
Price per sqft
$2,000/sqft
Address
1551 Ala Wai Blvd #3505, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Condo building
The Watermark
Year Built
2008
Sold price
$2,550,000
HOA dues
$1,689
Total Monthly fees
$1,690
Total area
2,322 sqft
nr.of parking places
2
Floor Number
35
Land tenure
FS - Fee Simple
Neighborhood
Waikiki
District
Honolulu
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Open Houses

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Interior Features

2 parking places, Ceramic Tile, Hardwood, Marble/Granite floors
Beds
2
Baths
2
Floors
Ceramic Tile, Hardwood, Marble/Granite
Furnished
Negotiable
Property Condition
Excellent
Remodeled Year
2022
Other Fee Includes
Cable TV,Internet Service,Other Common Expenses,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 2, Guest, Secured Entry, Street
Unit features
Bedroom on 1st Level, Central AC, Corner/End, Storage
Inclusions
AC Central, Auto Garage Door Opener, Blinds, Cable TV, Dishwasher, Disposal, Dryer, Microwave Hood, Refrigerator, Smoke Detector, Washer, Water Heater, Wine Refrigerator

Listed by

Jenny L Brady, Hokua Hawaii Realty, LLC
Name
Jenny L Brady
License number
RB-17202
Brokerage company
Hokua Hawaii Realty, LLC
MLS #
202216385

Buyer agent

Name
Bennett M Hong
Brokerage company
Trinity Properties, LLC
(808) 247-7521

Payment calculator

Calculate your monthly payments
Mortgage
$7,830
Taxes
$768
HOA dues
$1,690
$10,287 per month
Mortgage
$510,000 / 20%
2.28%
30 years
Your amount $7,830 / month

Exterior Features

Concrete, Masonry/Stucco construction
Construction
Concrete, Masonry/Stucco

Lot details

TMK #1260110010182
Parcel nr.
1260110010182

Waikiki 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 Waikiki

30%
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

65% 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 The Watermark #3505

$740.83k
Neighborhood average
sales price*
$525.75k
Neighborhood median
sales price*
1225
Number
of sales*
$1.32m
Median sale price The Watermark*

Housing type

61% are apartments
More info

Rooms

38% 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
14.67 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

The Watermark building info

The Watermark
BBQ
Condo Association Pool
Exercise Room
Fire Sprinkler
Meeting Room
Patio/Deck
Also features:
pool on property, recreation area, recreation room, sauna, security guard, storage, whirlpool

Other details

Security
Keyed Elevator, Security Patrol, Video
Style
High-Rise 7+ Stories
Construction
Concrete, Masonry/Stucco
Owner occupancy percentage
54
Community Association
Watermark AOAO

Schools

15 schools with rating up to 6
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.506mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.639mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.978mi
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.506mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.766mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.948mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.968mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.978mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.639mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.948mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.968mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.978mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
1.003mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.978mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
1.003mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
1.018mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
1.061mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
1.063mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Sep 19, 2022

The Watermark Median sales price 2024

Bedrooms Med. price % of listings
2 beds $1.35m 100%
Date Event Price $/sqft Source
Sep 19, 2022 Sold $2,550,000 2000 Public Record
Sep 19, 2022 Price Decrease $2,550,000 -7.94% 2000 MLS #202216385
Sep 12, 2022 Pending $2,770,000 2172.55 MLS #202216385
Aug 22, 2022 Under contract $2,770,000 2172.55 MLS #202216385
Aug 12, 2022 New Listing $2,770,000 2172.55 MLS #202216385

Taxes of 1551 Ala Wai Blvd #3505, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202216385
Current Property Taxes p/month
$767
Assessed Improvement value
$1,204,400
Assessed Land value
$244,500
Land Recorded
Dual Systems
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Total Assessed value
$1,448,900

Tax History

Year Taxes Source
2022 $9,213 MLS #202216385
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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 1551 Ala Wai Blvd #3505, Honolulu, HI, 96815

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about The Watermark #3505

What is The Watermark #3505?

1551 Ala Wai Blvd #3505, Honolulu, HI, 96815 in the The Watermark condominium building. This is a 2 bathrooms and 2 bedroom condo in the Waikiki neighborhood. This apartment has 1,275 sqft interior space. This condo is located on floor number 35 with unit number 3505. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, Coastline, Diamond Head, Marina/Canal, Mountain, Ocean, Sunrise, Sunset views.

Which year was this condo built?

This condo was build in 2008.

Which year was this property last sold?

This property was sold in 2022.

What is the full address of this Condo?

1551 Ala Wai Blvd #3505, Honolulu, HI, 96815.

Are grocery stores nearby?

The closest grocery stores are Food Pantry, 0.18 miles away and ABC, 0.35 miles away.

What is the neighborhood like?

The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.92 years and 65% 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 Hokua Hawaii Realty, LLC.
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: Sep 19, 2022
Verhouse Last checked 5 minutes ago

1551 Ala Wai Blvd #3505, Honolulu, HI, 96815 in the The Watermark condominium building. This is a 2 bathrooms and 2 bedroom condo in the Waikiki neighborhood. This apartment has 1,275 sqft interior space with City,Coastline,Diamond Head,Marina/Canal,Mountain,Ocean,Sunrise,Sunset views. This condo is located on floor number 35 with unit number 3505. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Food Pantry, 0.18 miles away and ABC, 0.35 miles away.
The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.92 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Condo Sold $2.55m 1551 Ala Wai Blvd #3505, Honolulu, HI, 96815 2 beds / 2 baths / 1,275 sqft Save House Remove from Saved