Hawaii Living

Discovery Bay #3908 (Waikiki)

1 / 1
Photo 1 of 1778 Ala Moana Blvd #3908, Honolulu
  • Sold 8/9/24 at $320,000
    (List Price: $350,000)
  • Beds: 1
  • Baths: 1
  • Living: 683 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 406 / month
  • Fee Purchase: $129,816
  • Balcony: 86 ft²
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $917 / month
  • Property Taxes: $170 / month ?
  • Est. Mortgage: $1,679 / mo - adjust loan
  • Time Listed for Sale: 86 days
  • Status: Sold
  • Buy without visiting ?
  • All Discovery Bay condos for sale »
  • All Waikiki condos for sale »

1778 Ala Moana Blvd #3908, Honolulu

Description
This high floor, spacious 1-bedroom unit has been updated and well maintained offering you a turn-key experience to enjoy the iconic lifestyle at Discovery Bay in Waikiki. Offered fully furnished, you can simply bring your suitcase and move right in and enjoy Hawaii living on your terms. Currently tenant occupied, this would also make a wonderful investment property as you could earn income on day 1 too. Discovery Bay has been making headlines as the AOAO has been acquiring the Fee Interest and now the AOAO owns nearly 97% of the fee interest. Starting in 2024, you could even purchase the majority Fee Simple interest and reduce your monthly expenses.Although this is currently a leasehold building, Discovery Bay Homeowners Association recently purchased additional leasehold interest that will make this a 96.893% fee simple unit. Fee interest can be acquired and conveyed to this unit in early 2024. This is a qualified fee simple building, meaning it will be 100% fee simple in the future.
Past Activity
  • Aug 09, 2024 Sold for $320,000
  • May 20, 2024 Under Contract
  • Apr 26, 2024 Back to Active
  • Apr 22, 2024 Under Contract
  • Feb 21, 2024 Back to Active
  • Jan 31, 2024 Off Market
  • Jan 30, 2024 Listed at $350,000
  • Nov 18, 2022 Sold for $235,000
  • Oct 18, 2022 Under Contract
  • Aug 31, 2022 Price $250,000
  • Aug 15, 2022 Listed at $295,000
  • Dec 17, 2019 Sold for $250,000
  • Nov 02, 2019 Under Contract
  • Jun 15, 2019 Listed at $274,000
  • Apr 12, 2019 Off Market
  • Jan 11, 2019 Listed at $290,000
  • Sep 08, 2017 Sold for $260,000
  • Aug 15, 2017 Under Contract
  • Aug 04, 2017 Listed at $274,900
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.34
  • Price / ft²: $469
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Diamond Head
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 20%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol
  • Amenities: BBQ, Exercise Room, Pool on Property, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-308
  • Tax Assessed Land: $13,200
  • Tax Assessed Improvements: $568,500
  • Tax Assessed Total: $581,700
  • Courtesy: Portfolio / (808) 735-5585
  • MLS: 202401720
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 December 04, 2025.Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
$348,000
Discovery Bay #3205
Studio | 1 Ba
464 ft²
$359,000
Discovery Bay
Studio | 1 Ba
465 ft²
$325,000
Discovery Bay #1015
Studio | 1 Ba
464 ft²
$450,000
Discovery Bay #1217
1 Bd | 1 Ba
769 ft²
Other Waikiki Condos
$320,000
Waikiki Cove #302
1 Bd | 1 Ba
550 ft²
$324,900
Waikiki Lanais #804
1 Bd | 1 Ba
514 ft²
$315,000
Waikiki Park Heights #1101
1 Bd | 1 Ba
537 ft²
$330,000
La Casa #806
1 Bd | 1 Ba
565 ft²
$299,000
Hawaiiana Gardens #204
1 Bd | 1 Ba
445 ft²
$344,500
Waikiki Townhouse #2902
1 Bd | 1 Ba
590 ft²
  • Sold 8/9/24 at $320,000
    (List Price: $350,000)
Description
This high floor, spacious 1-bedroom unit has been updated and well maintained offering you a turn-key experience to enjoy the iconic lifestyle at Discovery Bay in Waikiki. Offered fully furnished, you can simply bring your suitcase and move right in and enjoy Hawaii living on your terms. Currently tenant occupied, this would also make a wonderful investment property as you could earn income on day 1 too. Discovery Bay has been making headlines as the AOAO has been acquiring the Fee Interest and now the AOAO owns nearly 97% of the fee interest. Starting in 2024, you could even purchase the majority Fee Simple interest and reduce your monthly expenses.Although this is currently a leasehold building, Discovery Bay Homeowners Association recently purchased additional leasehold interest that will make this a 96.893% fee simple unit. Fee interest can be acquired and conveyed to this unit in early 2024. This is a qualified fee simple building, meaning it will be 100% fee simple in the future.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 04, 2025.Information is deemed reliable but not guaranteed.
    • Aug 09, 2024 Sold for $320,000
    • May 20, 2024 Under Contract
    • Apr 26, 2024 Back to Active
    • Apr 22, 2024 Under Contract
    • Feb 21, 2024 Back to Active
    • Jan 31, 2024 Off Market
    • Jan 30, 2024 Listed at $350,000
    • Nov 18, 2022 Sold for $235,000
    • Oct 18, 2022 Under Contract
    • Aug 31, 2022 Price $250,000
    • Aug 15, 2022 Listed at $295,000
    • Dec 17, 2019 Sold for $250,000
    • Nov 02, 2019 Under Contract
    • Jun 15, 2019 Listed at $274,000
    • Apr 12, 2019 Off Market
    • Jan 11, 2019 Listed at $290,000
    • Sep 08, 2017 Sold for $260,000
    • Aug 15, 2017 Under Contract
    • Aug 04, 2017 Listed at $274,900
    • 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
    $348,000
    Discovery Bay #3205
    Studio | 1 Ba
    464 ft²
    $359,000
    Discovery Bay
    Studio | 1 Ba
    465 ft²
    $325,000
    Discovery Bay #1015
    Studio | 1 Ba
    464 ft²
    $450,000
    Discovery Bay #1217
    1 Bd | 1 Ba
    769 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.