Hawaii Living

Discovery Bay #1611 (Waikiki)

  • Sold 10/17/23 at $600,000
    (List Price: $610,000)
  • Beds: 2
  • Baths: 2
  • Living: 1,003 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 597 / month
  • Fee Purchase: Not available
  • Balcony: 128 ft²
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $1,271 / month
  • Property Taxes: $189 / month ?
  • Est. Mortgage: $3,084 / mo - adjust loan
  • Time Listed for Sale: 128 days
  • Status: Sold
  • Buy without visiting ?
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1778 Ala Moana Blvd #1611, Honolulu

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Description
Look no more!! Incredible ocean view with spacious covered lanai where you can enjoy your morning coffee or evening wine! This 2 bedroom, 2 bathroom condo can be your perfect home or your vacation escape. Either way, you are in the heart of Waikiki. You can walk to the world famous Waikiki Beach and Ala Moana Beach. You are only a few minutes away from Ala Moana Center and multiple restaurants and shopping stores. This beautiful corner unit is located on the 16th floor and has phenomenal Ocean, Harbor, and City view. You can also enjoy the sunset after a fun filled day. This open concept unit is very well maintained and has features like tile floor, big windows, stained cabinets, granite countertops, in-unit washer and dryer, and many more! This unit is a leasehold property. Discovery Bay Association already owns over 62% of the fee interest (land) and is in negotiations to acquire the rest to convert this to a Fee Simple building. This perfect condo comes with abundant choices as your everyday home, a vacation escape, or as a great investment property. Buyers to do your own due diligence regarding the leasehold tenure. Property tax is based on the tax year 2022 assessed value.
Past Activity
  • Oct 17, 2023 Sold for $600,000
  • Sep 13, 2023 In Escrow
  • Sep 06, 2023 Price $610,000
  • Jun 02, 2023 Price $660,000
  • May 08, 2023 Listed at $720,000
  • Jun 22, 2022 Sold for $460,000
  • May 29, 2022 In Escrow
  • Apr 27, 2022 Price $479,000
  • Feb 04, 2022 Back to Active
  • Jan 21, 2022 In Escrow
  • Jan 05, 2022 Back to Active
  • Dec 20, 2021 In Escrow
  • Dec 16, 2021 Listed at $489,000
  • Jan 01, 2019 Expired
  • Feb 23, 2018 Listed at $459,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.27
  • Price / ft²: $598
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Coastline, Marina/Canal, Ocean, Sunset
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana
  • Security Features: Key, Keyed Elevator
  • Amenities: BBQ, Exercise Room, Heated Pool, Patio/Deck, Pool on Property, Recreation Room, Security Guard, Trash Chute
  • TMK: 1-2-6-12-10-403
  • Tax Assessed Land: $19,300
  • Tax Assessed Improvements: $747,500
  • Tax Assessed Total: $766,800
  • Courtesy: Coldwell Banker Realty / (808) 738-3904
  • MLS: 202310443
Good to Know
  • 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 AOA  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 26, 2024. Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$598,000
Discovery Bay #1414
2 Bds | 2 Ba
1,131 ft²
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Leasehold
$458,000
Discovery Bay #3913
1 Bd | 1 Ba
683 ft²
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Leasehold
$455,000
Discovery Bay #4003
1 Bd | 1 Ba
683 ft²
Leasehold
$383,000
Discovery Bay #1517
1 Bd | 1 Ba
684 ft²
Other Waikiki Condos
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Ala Wai East #701
2 Bds | 2 Ba
980 ft²
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The Bel-Aire #9C
2 Bds | 1.5 Ba
1,176 ft²
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Twin Towers #A162
2 Bds | 2 Ba
942 ft²
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Big Surf #205
2 Bds | 2 Ba
734 ft²
  • Sold 10/17/23 at $600,000
    (List Price: $610,000)
Description
Look no more!! Incredible ocean view with spacious covered lanai where you can enjoy your morning coffee or evening wine! This 2 bedroom, 2 bathroom condo can be your perfect home or your vacation escape. Either way, you are in the heart of Waikiki. You can walk to the world famous Waikiki Beach and Ala Moana Beach. You are only a few minutes away from Ala Moana Center and multiple restaurants and shopping stores. This beautiful corner unit is located on the 16th floor and has phenomenal Ocean, Harbor, and City view. You can also enjoy the sunset after a fun filled day. This open concept unit is very well maintained and has features like tile floor, big windows, stained cabinets, granite countertops, in-unit washer and dryer, and many more! This unit is a leasehold property. Discovery Bay Association already owns over 62% of the fee interest (land) and is in negotiations to acquire the rest to convert this to a Fee Simple building. This perfect condo comes with abundant choices as your everyday home, a vacation escape, or as a great investment property. Buyers to do your own due diligence regarding the leasehold tenure. Property tax is based on the tax year 2022 assessed value.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 26, 2024. Information is deemed reliable but not guaranteed.
    • Oct 17, 2023 Sold for $600,000
    • Sep 13, 2023 In Escrow
    • Sep 06, 2023 Price $610,000
    • Jun 02, 2023 Price $660,000
    • May 08, 2023 Listed at $720,000
    • Jun 22, 2022 Sold for $460,000
    • May 29, 2022 In Escrow
    • Apr 27, 2022 Price $479,000
    • Feb 04, 2022 Back to Active
    • Jan 21, 2022 In Escrow
    • Jan 05, 2022 Back to Active
    • Dec 20, 2021 In Escrow
    • Dec 16, 2021 Listed at $489,000
    • Jan 01, 2019 Expired
    • Feb 23, 2018 Listed at $459,000
    • 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 AOA  .....
    Read more.


    Other Discovery Bay Listings
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    Leasehold
    $598,000
    Discovery Bay #1414
    2 Bds | 2 Ba
    1,131 ft²
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    Leasehold
    $458,000
    Discovery Bay #3913
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $455,000
    Discovery Bay #4003
    1 Bd | 1 Ba
    683 ft²
    Leasehold
    $383,000
    Discovery Bay #1517
    1 Bd | 1 Ba
    684 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.
    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 about property tax rates.