Hawaii Living

303 Wai Nani Way (Waikiki)

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Photo 1 of 303 Wai Nani Way, Honolulu
303 Wai Nani Way, Honolulu
Selling or Buying in Waikiki?
Call/Text Tracy (808) 372-2274 or send a message using the form below.
Tracy Yamato

Tracy Yamato

Certified Residential Specialist
Realtor, RS-51972

Mobile: (808) 372-2274

Email: Tracy@HawaiiLiving.com

"Let my over 33 years of experience work for you."
Client Testimonials
Description
Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
Past Activity
  • Oct 19, 2025 Listed at $3,250,000
  • Oct 13, 2025 Listed at $3,500,000
  • Oct 13, 2025 Listed at $3,580,000
  • Apr 04, 2025 Sold for $3,190,000
  • Jan 19, 2025 Under Contract
  • Oct 20, 2024 Off Market
  • Feb 04, 2024 Price $3,350,000
  • Oct 19, 2023 Off Market
Blog
More Details
  • Owner, Tax & Resale History
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Year Remodeled: 2015
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone X
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Mckinley
  • Furnished: None
  • Property Condition: Average
  • TMK: 1-2-6-28-44-0
  • Tax Assessed Land: $1,685,200
  • Tax Assessed Improvements: $224,700
  • Tax Assessed Total: $1,909,900
  • Courtesy: Gloria Chi Realty Inc. / (808) 941-9999
  • MLS: 202501525
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 19, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Homes
$3,988,000
$1,888,000
419 Pau St
3 Bds | 1.5 Ba
1,138 ft²
$4,880,000
287 Wai Nani Way
Multi-Family

Other Honolulu Homes
Kaimuki
$3,250,000
766 Ocean View Dr
4 Bds | 5 Ba
3,361 ft²
Diamond Head
$3,259,000
4305 Kaikoo Pl
4 Bds | 3 Ba
2,305 ft²
Hawaii Loa Ridge
$3,280,000
167 Maono Pl
5 Bds | 4 Ba
3,515 ft²
Portlock
$3,200,000
243 Poipu Dr
4 Bds | 2 Ba
1,792 ft²
Diamond Head
$3,300,000
3025 Diamond Head Rd
2 Bds | 2 Ba
1,378 ft²
Dowsett
$3,200,000
171 Waokanaka Pl
3 Bds | 3.5 Ba
4,103 ft²
  • Sold 4/4/25 at $3,190,000
    (List Price: $3,250,000)
Description
Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 19, 2025.Information is deemed reliable but not guaranteed.
    • Oct 19, 2025 Listed at $3,250,000
    • Oct 13, 2025 Listed at $3,500,000
    • Oct 13, 2025 Listed at $3,580,000
    • Apr 04, 2025 Sold for $3,190,000
    • Jan 19, 2025 Under Contract
    • Oct 20, 2024 Off Market
    • Feb 04, 2024 Price $3,350,000
    • Oct 19, 2023 Off Market
    Other Waikiki Homes
    $3,988,000
    $1,888,000
    419 Pau St
    3 Bds | 1.5 Ba
    1,138 ft²
    $4,880,000
    287 Wai Nani Way
    Multi-Family

     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.