Hawaii Living

Discovery Bay #1118 (Waikiki)

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1778 Ala Moana Blvd #1118, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Mei Ling Ng (R)
RB-16276
Marina Hawaii Vacations
Phone: (808) 946-0716

Description
Fabulous & desirable 1-bedroom at the Discovery Bay Resolution Tower with enclosed lanai for additional spaces. Beautiful remolded unit located on 11/floor, easy assess to the swimming pool, hot-tub, exercise room and spacious sun deck on the same level. Great amenities included 8 BBQ stations, 2 gyms, 24/7 security. Fantastic location close to Ala Moana Shopping Center, Magic Island, Hilton Lagoon and White Sand Beaches. Homeowners Association owns approximately 62% of the beneficial fee interest & ongoing negotiations of the remaining 38% to make this a fee simple building.
Sold
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  • #3011: 1,131 sqft @ $400K (12/31/20)
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  • #3513: 683 sqft @ $240K (12/14/20)
  • #3110: 464 sqft @ $220K (10/30/20)
  • #3606: 724 sqft @ $215K (10/30/20)
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  • #1319: 724 sqft @ $245K (10/2/20)
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  • #2614: 1,003 sqft @ $439K (5/19/20)
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  • #3717: 683 sqft @ $180K (3/30/20)
  • #3701: 1,131 sqft @ $508K (3/18/20)
  • #2510: 464 sqft @ $218K (2/25/20)
  • #3001: 1,131 sqft @ $425K (2/21/20)
  • #3509: 724 sqft @ $230K (1/31/20)
  • #2320: 464 sqft @ $185K (1/27/20)
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  • #2605: 464 sqft @ $167K (1/8/20)
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  • #3908: 683 sqft @ $250K (12/16/19)
  • #2411: 1,131 sqft @ $448K (12/6/19)
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  • #3912: 683 sqft @ $293K (10/21/19)
  • #3507: 683 sqft @ $228K (10/16/19)
  • #1707: 683 sqft @ $200K (9/26/19)
  • #3414: 1,131 sqft @ $350K (9/16/19)
  • #2015: 464 sqft @ $169K (8/27/19)
More Details
  • HOA Fees / Interior Sf: $1.01
  • Price / Interior Sf: $384
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Owner, Tax & Resale History: Click here
  • Zoning: X2 - Apartment Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • Any View: City, Mountain
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Exercise Room, Heated Pool, Patio/Deck, Pool on Property, Resident Manager, Restaurant, Security Guard, Trash Chute
  • TMK: 1-2-6-12-10-360
  • Tax Assessed Land: $11,900
  • Tax Assessed Improvements: $414,500
  • Tax Assessed Total: $426,400
  • Courtesy: Marina Hawaii Vacations
  • MLS: 202117896
Related Articles
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on July 27, 2021. Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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New 15 hours ago Leasehold
$305,000
Discovery Bay #2716
1 Bed | 1 Bath
724 sqft
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Leasehold
$249,000
Discovery Bay #3215
Studio | 1 Bath
464 sqft
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Leasehold
$249,000
Discovery Bay #2010
Studio | 1 Bath
464 sqft
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Leasehold
$235,000
Discovery Bay #2715
Studio | 1 Bath
464 sqft
About Discovery Bay
  • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
  • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
  • The homeowners' association has purchased a 62% interest in the Fee.

Updates
The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOAO an ability to work towards offering the owners the fee.
Upon lease expiry - year 2039 - all parties with an interest in the land have to come to an agreement. Since the owners have an interest in the fee, they cannot be asked to vacate their unit, as is the case with many leasehold properties. 

About Discovery Bay
The Discovery Bay condo is another of Waikiki's dual streng  ....click here to read more
Other Waikiki Condos
Villa On Eaton Square #2508
1 Beds | 1 Baths
582 sqft
Waikiki Imperial Apts #3D
1 Beds | 1 Baths
680 sqft
Promenade #203
1 Beds | 1 Baths
420 sqft
Waikiki Park Heights #511
1 Beds | 1 Baths
488 sqft
Hawaiiana Gardens #104
1 Beds | 1 Baths
445 sqft
Waikiki Townhouse #1002
1 Beds | 1 Baths
455 sqft
  • Asking Price: $295,000
Description
Fabulous & desirable 1-bedroom at the Discovery Bay Resolution Tower with enclosed lanai for additional spaces. Beautiful remolded unit located on 11/floor, easy assess to the swimming pool, hot-tub, exercise room and spacious sun deck on the same level. Great amenities included 8 BBQ stations, 2 gyms, 24/7 security. Fantastic location close to Ala Moana Shopping Center, Magic Island, Hilton Lagoon and White Sand Beaches. Homeowners Association owns approximately 62% of the beneficial fee interest & ongoing negotiations of the remaining 38% to make this a fee simple building.
Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Mei Ling Ng (R)
RB-16276
Marina Hawaii Vacations
Phone: (808) 946-0716

    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on July 27, 2021. Information is deemed reliable but not guaranteed.
    • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
    • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
    • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
    • The homeowners' association has purchased a 62% interest in the Fee.

    Updates
    The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOAO an ability to work towards offering the owners the fee.
    Upon lease expiry - year 2039 - all parties with an interest in the land have to come to an agreement. Since the owners have an interest in the fee, they cannot be asked to vacate their unit, as is the case with many leasehold properties. 

    About Discovery Bay
    The Discovery Bay condo is another of Waikiki's dual streng  ....click here to read more
    Other Discovery Bay Listings
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    New 15 hours ago Leasehold
    $305,000
    Discovery Bay #2716
    1 Bed | 1 Bath
    724 sqft
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    Leasehold
    $249,000
    Discovery Bay #3215
    Studio | 1 Bath
    464 sqft
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    Leasehold
    $249,000
    Discovery Bay #2010
    Studio | 1 Bath
    464 sqft
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    Leasehold
    $235,000
    Discovery Bay #2715
    Studio | 1 Bath
    464 sqft
    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.
    Leasehold Expiry: 12/31/39
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still 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 more about Oahu property taxes here.