Hawaii Living

Discovery Bay #2216 (Waikiki)

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  • Asking Price: $368,000
  • Beds: 1
  • Baths: 1
  • Living: 724 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 450 / month
  • Fee Purchase: $143,640
  • Balcony: 128 ft²
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $1,167 / month
  • Property Taxes: $186 / month ?
  • Est. Mortgage: $1,765 / mo - adjust loan
  • Time Listed for Sale: 32 days
  • Status Under Contract  ?
    (since Apr 01, 2025)
  • Buy without visiting ?
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1778 Ala Moana Blvd #2216, 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

We are expert real estate agents and have sold many condos in Discovery Bay. We would be happy to assist you too.
Description
Desirable location with Diamond Head and sunrise view! Enjoy the spacious enclosed lanai in this larger size one bedroom/one bath condo with washer/dryer in unit. Covered & secured parking space next to the elevator. Amenities include: Pool, Sauna, Whirlpool, 8 BBQ stations, 2 exercise rooms and a large sun deck. Restaurants located on the ground floor along the 2 buildings. Prime location at the beginning of Waikiki with numerous shopping, fine dining and entertainment options. DB is across from Hilton Hawaiian Village Hotel and a beautiful lagoon. Close to Ala Moana Shopping Mall, Magic Island. Conveniently located along the Bus & Trolley line next to the DB buildings. This is a leasehold unit with Fee available (96.893%) to purchase at $143,640 from Discovery Bay Condominium Association. It owns 96.893% of the beneficial interest in the trust. Unit is fully furnished with excellent rental income for Investors. Owner has entered into a sales contract to purchase the leased fee interest and this contract can be assigned to the buyer while in escrow with DB Association consent to the assignment.
Recent Activity
  • Apr 01, 2025 Under Contract
  • Feb 28, 2025 Listed at $368,000
  • Sep 25, 2024 Off Market
  • Jul 18, 2024 Listed at $369,000
  • Jun 07, 2022 Off Market
  • Jun 07, 2022 Price $339,000
  • Feb 18, 2022 Off Market
  • Feb 18, 2022 Back to Active
  • Jan 21, 2022 Under Contract
  • Dec 16, 2021 Listed at $318,000
  • Sep 19, 2021 Off Market
  • Aug 03, 2021 Back to Active
  • Jul 06, 2021 Off Market
  • May 17, 2021 Listed at $309,000
  • Jul 13, 2020 Off Market
  • May 12, 2020 Off Market
  • Feb 27, 2020 Listed at $299,000
  • Feb 22, 2019 Sold for $239,000
  • Dec 07, 2018 Under Contract
  • Dec 03, 2018 Listed at $239,000
  • Feb 18, 2016 Off Market
  • Dec 28, 2015 Back to Active
  • Dec 21, 2015 Under Contract
  • Nov 28, 2015 Price $249,000
  • Apr 22, 2015 Price $289,000
Past Sales
(Discovery Bay)
  • #1909: 1 Bd | 1 Ba @ $335K (3/31/25)
  • #3416: 1 Bd | 1 Ba @ $320K (3/31/25)
  • #3004: 2 Bds | 2 Ba @ $565K (3/31/25)
  • #3308: 1 Bd | 1 Ba @ $260K (3/10/25)
  • #2414: 2 Bds | 2 Ba @ $665K (3/7/25)
  • #4003: 1 Bd | 1 Ba @ $514K (3/7/25)
  • #1517: 1 Bd | 1 Ba @ $280K (2/6/25)
  • #1003: 1 Bd | 1 Ba @ $300K (1/17/25)
  • #2008: 1 Bd | 1 Ba @ $299K (11/7/24)
  • #2110: Studio | 1 Ba @ $315K (11/1/24)
  • #3602: 1 Bd | 1 Ba @ $390K (10/4/24)
  • #2801: 2 Bds | 2 Ba @ $620K (10/3/24)
  • #1607: 1 Bd | 1 Ba @ $315K (9/27/24)
  • #3913: 1 Bd | 1 Ba @ $420K (9/17/24)
  • #3320: Studio | 1 Ba @ $320K (8/20/24)
  • #3908: 1 Bd | 1 Ba @ $320K (8/9/24)
  • #3513: 1 Bd | 1 Ba @ $375K (7/26/24)
  • #1620: Studio | 1 Ba @ $218K (7/16/24)
  • #3213: 1 Bd | 1 Ba @ $375K (6/27/24)
  • #2405: Studio | 1 Ba @ $255K (5/22/24)
  • #1912: 1 Bd | 1 Ba @ $299K (5/21/24)
  • #1113: 1 Bd | 1 Ba @ $325K (5/17/24)
  • #2004: 2 Bds | 2 Ba @ $580K (5/15/24)
  • #2318: 1 Bd | 1 Ba @ $300K (5/15/24)
  • #2509: 1 Bd | 1 Ba @ $372K (5/15/24)
  • #1307: 1 Bd | 1 Ba @ $300K (4/5/24)
  • #2618: 1 Bd | 1 Ba @ $380K (3/28/24)
  • #1417: 1 Bd | 1 Ba @ $345K (3/11/24)
  • #2409: 1 Bd | 1 Ba @ $425K (2/28/24)
  • #1303: 1 Bd | 1 Ba @ $315K (1/19/24)
  • #3808: 1 Bd | 1 Ba @ $328K (1/16/24)
  • #906: 1 Bd | 1 Ba @ $360K (12/29/23)
  • #2215: Studio | 1 Ba @ $255K (12/22/23)
  • #1001: 1 Bd | 1 Ba @ $395K (12/15/23)
  • #3408: 1 Bd | 1 Ba @ $300K (12/12/23)
  • #3515: Studio | 1 Ba @ $260K (11/27/23)
  • #2718: 1 Bd | 1 Ba @ $320K (11/27/23)
  • #4006: 1 Bd | 1 Ba @ $389K (11/21/23)
  • #1611: 2 Bds | 2 Ba @ $600K (10/17/23)
  • #1707: 1 Bd | 1 Ba @ $340K (10/4/23)
  • #1115: Studio | 1 Ba @ $220K (9/28/23)
  • #1613: 1 Bd | 1 Ba @ $355K (9/27/23)
  • #3418: 1 Bd | 1 Ba @ $370K (9/18/23)
  • #2612: 1 Bd | 1 Ba @ $358K (9/12/23)
  • #1002: 1 Bd | 1 Ba @ $383K (9/11/23)
  • #1310: Studio | 1 Ba @ $230K (9/6/23)
  • #1508: 1 Bd | 1 Ba @ $350K (8/22/23)
  • #1320: Studio | 1 Ba @ $220K (8/14/23)
  • #3018: 1 Bd | 1 Ba @ $350K (7/26/23)
  • #2906: 1 Bd | 1 Ba @ $423K (7/20/23)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.61
  • Price / ft²: $508
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Mckinley
  • View: City, Diamond Head, Mountain, Sunrise
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana Mgt
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Exercise Room, Heated Pool, Patio/Deck, Pool on Property, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-468
  • Tax Assessed Land: $26,200
  • Tax Assessed Improvements: $612,300
  • Tax Assessed Total: $638,500
  • Courtesy: Marina Hawaii Vacations / (808) 946-0716
  • MLS: 202505239
About Discovery Bay
  • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
     
  • Built: 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
     
  • Amenities: Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
     
  • Short-term Vacation Renting: Not Allowed.

Discovery Bay condo sits just over the canal from Ala Moana. The homeowner’s association holds ~97% of the beneficial fee interest, with leased fees available for purchase directly from them - some owners have bought, others haven’t.

Location: A short   ..... Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 21, 2025.Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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$379,000
Discovery Bay #2615
Studio | 1 Ba
464 ft²
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Leasehold
$388,000
Discovery Bay #3905
Studio | 1 Ba
464 ft²
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Leasehold
$338,000
Discovery Bay #2012
1 Bd | 1 Ba
769 ft²
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Leasehold
$399,000
Discovery Bay #3616
1 Bd | 1 Ba
724 ft²
Other Waikiki Condos
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$364,900
La Casa #806
1 Bd | 1 Ba
565 ft²
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$375,800
Waikiki Lanais #703
1 Bd | 1 Ba
558 ft²
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$379,000
Waikiki Skyliner #907
1 Bd | 1 Ba
442 ft²
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$354,000
Waikiki Townhouse #2902
1 Bd | 1 Ba
590 ft²
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$350,000
Kalakauan #411
1 Bd | 1 Ba
454 ft²
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$350,000
Kaiolu Sunrise #505
1 Bd | 1 Ba
627 ft²
  • Asking Price: $368,000
Description
Desirable location with Diamond Head and sunrise view! Enjoy the spacious enclosed lanai in this larger size one bedroom/one bath condo with washer/dryer in unit. Covered & secured parking space next to the elevator. Amenities include: Pool, Sauna, Whirlpool, 8 BBQ stations, 2 exercise rooms and a large sun deck. Restaurants located on the ground floor along the 2 buildings. Prime location at the beginning of Waikiki with numerous shopping, fine dining and entertainment options. DB is across from Hilton Hawaiian Village Hotel and a beautiful lagoon. Close to Ala Moana Shopping Mall, Magic Island. Conveniently located along the Bus & Trolley line next to the DB buildings. This is a leasehold unit with Fee available (96.893%) to purchase at $143,640 from Discovery Bay Condominium Association. It owns 96.893% of the beneficial interest in the trust. Unit is fully furnished with excellent rental income for Investors. Owner has entered into a sales contract to purchase the leased fee interest and this contract can be assigned to the buyer while in escrow with DB Association consent to the assignment.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 21, 2025.Information is deemed reliable but not guaranteed.
    • Apr 01, 2025 Under Contract
    • Feb 28, 2025 Listed at $368,000
    • Sep 25, 2024 Off Market
    • Jul 18, 2024 Listed at $369,000
    • Jun 07, 2022 Off Market
    • Jun 07, 2022 Price $339,000
    • Feb 18, 2022 Off Market
    • Feb 18, 2022 Back to Active
    • Jan 21, 2022 Under Contract
    • Dec 16, 2021 Listed at $318,000
    • Sep 19, 2021 Off Market
    • Aug 03, 2021 Back to Active
    • Jul 06, 2021 Off Market
    • May 17, 2021 Listed at $309,000
    • Jul 13, 2020 Off Market
    • May 12, 2020 Off Market
    • Feb 27, 2020 Listed at $299,000
    • Feb 22, 2019 Sold for $239,000
    • Dec 07, 2018 Under Contract
    • Dec 03, 2018 Listed at $239,000
    • Feb 18, 2016 Off Market
    • Dec 28, 2015 Back to Active
    • Dec 21, 2015 Under Contract
    • Nov 28, 2015 Price $249,000
    • Apr 22, 2015 Price $289,000
    • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
       
    • Built: 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
       
    • Amenities: Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
       
    • Short-term Vacation Renting: Not Allowed.

    Discovery Bay condo sits just over the canal from Ala Moana. The homeowner’s association holds ~97% of the beneficial fee interest, with leased fees available for purchase directly from them - some owners have bought, others haven’t.

    Location: A short   ..... Read more.

    Other Discovery Bay Listings
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    $379,000
    Discovery Bay #2615
    Studio | 1 Ba
    464 ft²
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    Leasehold
    $388,000
    Discovery Bay #3905
    Studio | 1 Ba
    464 ft²
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    Leasehold
    $338,000
    Discovery Bay #2012
    1 Bd | 1 Ba
    769 ft²
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    Leasehold
    $399,000
    Discovery Bay #3616
    1 Bd | 1 Ba
    724 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. 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.