Hawaii Living

Discovery Bay #3711 (Waikiki)

  • Sold 1/9/23 at $540,000
    (List Price: $549,000)
  • 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: $1,188 / month
  • Property Taxes: $212 / month ?
  • Est. Mortgage: $2,776 / mo - adjust loan
  • Time Listed for Sale: 8 days
  • Status: Sold
  • Buy without visiting ?
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1778 Ala Moana Blvd #3711, Honolulu

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Description
Views Views Views! Come see the panoramic coastal views of Honolulu's South Shore from this 37th floor front facing unit at the "Resolution Tower" of the Discovery Bay. Enjoy Friday night fireworks at the Hilton lagoon right from your own living room, whale watch with boats sailing in and out of the harbor, catch the sunset from your couch...these views are breathtaking. An efficient and functional layout has each bedroom on opposite sides of this unit, both with ocean views. One covered parking stall just 50 feet from the lobby doors. Discovery Bay is a leasehold property, but the 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. Maintenance fees include Central A/C, Internet, Cable TV, Sewer, Water, and Common area expenses. (Photos are enhanced & virtually staged).
Past Activity
  • Jan 09, 2023 Sold for $540,000
  • Dec 15, 2022 In Escrow
  • Dec 11, 2022 Back to Active
  • Nov 09, 2022 Temp. Withdrawn / Hold
  • Nov 09, 2022 Back to Active
  • Oct 10, 2022 In Escrow
  • Oct 06, 2022 Listed at $549,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.18
  • Price / ft²: $538
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: AM - Apartment Mixed Use
  • Flood Zone: Zone AE
  • View: City, Coastline, Diamond Head, Mountain, Ocean, Sunset
  • Furnished: None
  • Property Condition: Average
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol
  • Amenities: BBQ, Exercise Room, Pool on Property, Recreation Room, Resident Manager, Restaurant, Sauna, Security Guard, Storage, Trash Chute
  • TMK: 1-2-6-12-10-613
  • Tax Assessed Land: $18,600
  • Tax Assessed Improvements: $708,300
  • Tax Assessed Total: $726,900
  • Courtesy: Compass / (808) 825-4277
  • MLS: 202219231
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 April 15, 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
1,043 ft²
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Leasehold
$458,000
Discovery Bay #3913
1 Bd | 1 Ba
683 ft²
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Leasehold
$425,000
Discovery Bay #2909
1 Bd | 1 Ba
724 ft²
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Leasehold
$399,000
Discovery Bay #3616
1 Bd | 1 Ba
724 ft²
Other Waikiki Condos
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Waikiki Lanais #901
2 Bds | 1.5 Ba
760 ft²
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2121 Ala Wai #3006
2 Bds | 1 Ba
662 ft²
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Keoni Ana #114
2 Bds | 1.5 Ba
820 ft²
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Palms Inc #1203
2 Bds | 2 Ba
906 ft²
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250 Ohua #6E
2 Bds | 2 Ba
1,014 ft²
  • Sold 1/9/23 at $540,000
    (List Price: $549,000)
Description
Views Views Views! Come see the panoramic coastal views of Honolulu's South Shore from this 37th floor front facing unit at the "Resolution Tower" of the Discovery Bay. Enjoy Friday night fireworks at the Hilton lagoon right from your own living room, whale watch with boats sailing in and out of the harbor, catch the sunset from your couch...these views are breathtaking. An efficient and functional layout has each bedroom on opposite sides of this unit, both with ocean views. One covered parking stall just 50 feet from the lobby doors. Discovery Bay is a leasehold property, but the 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. Maintenance fees include Central A/C, Internet, Cable TV, Sewer, Water, and Common area expenses. (Photos are enhanced & virtually staged).
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 15, 2024. Information is deemed reliable but not guaranteed.
    • Jan 09, 2023 Sold for $540,000
    • Dec 15, 2022 In Escrow
    • Dec 11, 2022 Back to Active
    • Nov 09, 2022 Temp. Withdrawn / Hold
    • Nov 09, 2022 Back to Active
    • Oct 10, 2022 In Escrow
    • Oct 06, 2022 Listed at $549,000
    • 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
    1,043 ft²
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    Leasehold
    $458,000
    Discovery Bay #3913
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $425,000
    Discovery Bay #2909
    1 Bd | 1 Ba
    724 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. 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.