Hawaii Living
Back

Ala Wai Cove #205 (Kapiolani)

1 / 15
Photo 1 of 509 University Ave #205, Honolulu
Photo 2 of 509 University Ave #205, Honolulu
Photo 3 of 509 University Ave #205, Honolulu
Price drop alert
Add to favorites

509 University Ave #205, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Dianne Wennick (R)
RB-17564
Eovino & Associates, Inc.
Phone: (808) 554-9788

Description
Motivated Seller. Located next to the Ala Wai Park recreation area, with the scenic Ala Wai pathway just steps away and vibrant schools nearby, this home offers the perfect balance of convenience and tranquility. Just minutes from the University of Hawaii and the freeway entrance, easy access is always within reach. A short walk brings you to a selection of shops, enticing restaurants, and a well-served bus line ready for exploration. As evening falls, unwind on your lanai while the city skyline sparkles in the distance and the serene Ala Wai canal stretches below. This corner unit provides a peaceful retreat. On your floor, you’ll find the convenience of laundry facilities and personal storage, while a secure lobby with an intercom system ensures your peace of mind. This home offers the ideal fusion of urban living and quiet relaxation. Special assessment of $132.54 for lanai/window reconstruction until 3/31/2-26.
Recent Activity
  • Jul 02, 2025 Price ↓ $339,000
  • Jun 14, 2025 Price ↓ $340,000
  • Jun 10, 2025 Price ↓ $345,000
  • Jun 01, 2025 Price ↓ $350,000
  • May 01, 2025 Price ↓ $355,000
  • Jan 31, 2025 Price ↓ $360,000
  • Jan 23, 2025 Listed at $375,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.88
  • Price / ft²: $615
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Hot Water, Sewer, Water
  • Zoning: 13 - A-3 High Density Apartment
  • Flood Zone: Zone A
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Other
  • Furnished: None
  • Property Condition: Average
  • Owner Occupancy: 52%
  • Management Company: Hawaiiana
  • Security Features: Card
  • Amenities: Community Laundry, Resident Manager, Storage
  • TMK: 1-2-7-13-11-10
  • Tax Assessed Land: $78,300
  • Tax Assessed Improvements: $291,400
  • Tax Assessed Total: $369,700
  • Courtesy: Eovino & Associates, Inc. / (808) 554-9788
  • MLS: 202502423
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 07, 2025.Information is deemed reliable but not guaranteed.
Other Ala Wai Cove Listings
$425,000
Save
Ala Wai Cove #703
2 Bds | 1 Ba
696 ft²
$239,000
Save
Ala Wai Cove #1006
Studio | 1 Ba
402 ft²
All Ala Wai Cove condos for sale »
Other Kapiolani Condos
$335,000
Save
Lime Tree #901
1 Bd | 1 Ba
608 ft²
$349,000
Save
Clairmont #305
1 Bd | 1 Ba
429 ft²
$349,900
Save
Iolani Court Plaza #401
1 Bd | 1 Ba
578 ft²
$354,000
Save
Hale Kulanui #1902
1 Bd | 1 Ba
541 ft²
$355,000
Save
Hale Luana #601
1 Bd | 1 Ba
555 ft²
$323,000
Save
Rainbow Terrace #203
1 Bd | 1 Ba
570 ft²
All Kapiolani condos for sale »
  • Asking Price: $339,000
Description
Motivated Seller. Located next to the Ala Wai Park recreation area, with the scenic Ala Wai pathway just steps away and vibrant schools nearby, this home offers the perfect balance of convenience and tranquility. Just minutes from the University of Hawaii and the freeway entrance, easy access is always within reach. A short walk brings you to a selection of shops, enticing restaurants, and a well-served bus line ready for exploration. As evening falls, unwind on your lanai while the city skyline sparkles in the distance and the serene Ala Wai canal stretches below. This corner unit provides a peaceful retreat. On your floor, you’ll find the convenience of laundry facilities and personal storage, while a secure lobby with an intercom system ensures your peace of mind. This home offers the ideal fusion of urban living and quiet relaxation. Special assessment of $132.54 for lanai/window reconstruction until 3/31/2-26.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 07, 2025.Information is deemed reliable but not guaranteed.
    • Jul 02, 2025 Price ↓ $339,000
    • Jun 14, 2025 Price ↓ $340,000
    • Jun 10, 2025 Price ↓ $345,000
    • Jun 01, 2025 Price ↓ $350,000
    • May 01, 2025 Price ↓ $355,000
    • Jan 31, 2025 Price ↓ $360,000
    • Jan 23, 2025 Listed at $375,000
    Other Ala Wai Cove Listings
    $425,000
    Save
    Ala Wai Cove #703
    2 Bds | 1 Ba
    696 ft²
    $239,000
    Save
    Ala Wai Cove #1006
    Studio | 1 Ba
    402 ft²
    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.