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Discovery Bay #2616 (Waikiki)

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1778 Ala Moana Blvd #2616, Honolulu

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Description
First Fee Simple one-bedroom offered for sale. Seller recently purchased 96.893% of the land lease. The 3.107% with the current option or right to purchase the remaining fee interest before December 31 2039 at market price. Lease rent is included in the maintenance fee.Close to beaches, restaurants, and shopping center. Has swimming pool, barbecue area, nice mountain and city views of the Waikiki area from your living room and lanai. Fully furnished, move in ready or rent out.
Recent Activity
  • Jan 21, 2025 Listed at $529,000
Past Sales
(Discovery Bay)
  • #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)
  • #1916: 1 Bd | 1 Ba @ $282K (7/10/23)
  • #3803: 1 Bd | 1 Ba @ $455K (6/30/23)
  • #1013: 1 Bd | 1 Ba @ $310K (6/28/23)
  • #2614: 2 Bds | 2 Ba @ $522K (6/26/23)
  • #1917: 1 Bd | 1 Ba @ $326K (6/23/23)
  • #1318: 1 Bd | 1 Ba @ $295K (6/22/23)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.61
  • Price / ft²: $731
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Sewer, Water
  • Zoning: 13 - A-3 High Density Apartment
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana Managment
  • Security Features: Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Condo Association Pool, Exercise Room, Patio/Deck, Resident Manager, Security Guard, Trash Chute
  • TMK: 1-2-6-12-10-508
  • Tax Assessed Land: $26,200
  • Tax Assessed Improvements: $604,100
  • Tax Assessed Total: $630,300
  • Courtesy: Savio Realty Ltd. / (808) 955-6672
  • MLS: 202502382
Ask Tanner a Question
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 AOA  ..... Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 18, 2025.Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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$528,000
Discovery Bay #2518
1 Bd | 1 Ba
683 ft²
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Leasehold
$575,000
Discovery Bay #3004
2 Bds | 2 Ba
1,003 ft²
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Leasehold
$399,000
Discovery Bay #3616
1 Bd | 1 Ba
724 ft²
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$725,000
Discovery Bay #2014
2 Bds | 2 Ba
1,031 ft²
Other Waikiki Condos
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$525,000
Island Colony #3401
1 Bd | 1 Ba
563 ft²
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$555,000
Hawaiian Monarch #2801
1 Bd | 2 Ba
576 ft²
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$559,000
Four Paddle #2106
1 Bd | 1 Ba
533 ft²
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$563,000
Pavilion At Waikiki #1902
1 Bd | 1 Ba
546 ft²
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Featured
$495,000
Liliuokalani Gardens #2315
1 Bd | 1 Ba
570 ft²
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$495,000
444 Nahua #2211
1 Bd | 1 Ba
520 ft²
  • Asking Price: $529,000
Description
First Fee Simple one-bedroom offered for sale. Seller recently purchased 96.893% of the land lease. The 3.107% with the current option or right to purchase the remaining fee interest before December 31 2039 at market price. Lease rent is included in the maintenance fee.Close to beaches, restaurants, and shopping center. Has swimming pool, barbecue area, nice mountain and city views of the Waikiki area from your living room and lanai. Fully furnished, move in ready or rent out.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 18, 2025.Information is deemed reliable but not guaranteed.
    • Jan 21, 2025 Listed at $529,000
    • 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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    $528,000
    Discovery Bay #2518
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $575,000
    Discovery Bay #3004
    2 Bds | 2 Ba
    1,003 ft²
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    Leasehold
    $399,000
    Discovery Bay #3616
    1 Bd | 1 Ba
    724 ft²
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    $725,000
    Discovery Bay #2014
    2 Bds | 2 Ba
    1,031 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.