Hawaii Living

Kailani #1202 (Waikiki)

440 Lewers St #1202, Honolulu

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Description
The rare design of this two bedroom unit allows rental of a studio separate from the one bedroom portion--both units with large, private lanai areas. If the two units are rented, the combined rental income is conservatively $3,000 to $3,500; the studio even has it's own mailbox! Only 51 units in the building makes this a true boutique condominium. The Lewers Street location is as well situated as it comes in Waikiki...walk just a couple of blocks to the ocean and to entertainment at the Royal Hawaiian and Halekulani hotels, or scoot out to Ala Wai Boulevard and be on your way to all points in Honolulu. This is a high floor unit in the building with some canal and mountain views and a peek of ocean from the lanais. If you should you want even more space, the building has approved plans for lanai enclosures though building permits are still required. There is also a secure and covered parking space. The building is well managed, recently painted with spalling repair complete. Come live the good life in Waikiki! Or if you're an investor, come see a well-designed property that should serve you well for many years to come!
Past Activity
  • Oct 26, 2023 Sold for $515,000
  • Sep 18, 2023 Under Contract
  • Sep 09, 2023 Listed at $515,000
  • Mar 24, 2021 Sold for $395,000
  • Jan 21, 2021 Under Contract
  • Oct 19, 2020 Listed at $399,000
  • Sep 22, 2020 Off Market
  • Mar 10, 2020 Off Market
  • Jan 30, 2020 Back to Active
  • Jan 17, 2020 Under Contract
  • Nov 01, 2019 Listed at $429,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.28
  • Price / ft²: $554
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AO
  • View: Marina/Canal
  • Property Condition: Above Average
  • Owner Occupancy: 37%
  • Management Company: Hawaiiana
  • Security Features: Card, Keyed Elevator, Security Patrol, Video
  • Amenities: Community Laundry, Condo Association Pool
  • TMK: 1-2-6-17-31-43
  • Tax Assessed Land: $88,300
  • Tax Assessed Improvements: $434,900
  • Tax Assessed Total: $523,200
  • Courtesy: Coldwell Banker Realty / (808) 596-0456
  • MLS: 202317241
Good to Know
  • Address: 440 Lewers St, Honolulu, HI 96815
  • Built in 1970, 51 Units on 15 Floors, 1 - 3BR, Pets: OK (verify).
  • Amenities include Pool, Recreation Area, Security Guard, Resident Manager, Community Laundry.
  • A mix of Fee Simple & Leasehold units, lease up in 2035.

About Kailani
Lewers Street has been an enviable residential area for years because it puts places like the Kailani Waikiki condos right in central Waikiki, but far enough back from the main drag to be out of noise range.

Another perk is that these are larger than usual Waikiki condo properties. Th  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 28, 2024. Information is deemed reliable but not guaranteed.
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Kailani #603
2 Bds | 2 Ba
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Waikiki Lanais #901
2 Bds | 1.5 Ba
760 ft²
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New 22 hours ago
$499,999
King Kalani #1101
2 Bds | 1.5 Ba
888 ft²
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2121 Ala Wai #2103
2 Bds | 1 Ba
653 ft²
  • Sold 10/26/23 at $515,000
    (List Price: $515,000)
Description
The rare design of this two bedroom unit allows rental of a studio separate from the one bedroom portion--both units with large, private lanai areas. If the two units are rented, the combined rental income is conservatively $3,000 to $3,500; the studio even has it's own mailbox! Only 51 units in the building makes this a true boutique condominium. The Lewers Street location is as well situated as it comes in Waikiki...walk just a couple of blocks to the ocean and to entertainment at the Royal Hawaiian and Halekulani hotels, or scoot out to Ala Wai Boulevard and be on your way to all points in Honolulu. This is a high floor unit in the building with some canal and mountain views and a peek of ocean from the lanais. If you should you want even more space, the building has approved plans for lanai enclosures though building permits are still required. There is also a secure and covered parking space. The building is well managed, recently painted with spalling repair complete. Come live the good life in Waikiki! Or if you're an investor, come see a well-designed property that should serve you well for many years to come!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 28, 2024. Information is deemed reliable but not guaranteed.
    • Oct 26, 2023 Sold for $515,000
    • Sep 18, 2023 Under Contract
    • Sep 09, 2023 Listed at $515,000
    • Mar 24, 2021 Sold for $395,000
    • Jan 21, 2021 Under Contract
    • Oct 19, 2020 Listed at $399,000
    • Sep 22, 2020 Off Market
    • Mar 10, 2020 Off Market
    • Jan 30, 2020 Back to Active
    • Jan 17, 2020 Under Contract
    • Nov 01, 2019 Listed at $429,000
    • Address: 440 Lewers St, Honolulu, HI 96815
    • Built in 1970, 51 Units on 15 Floors, 1 - 3BR, Pets: OK (verify).
    • Amenities include Pool, Recreation Area, Security Guard, Resident Manager, Community Laundry.
    • A mix of Fee Simple & Leasehold units, lease up in 2035.

    About Kailani
    Lewers Street has been an enviable residential area for years because it puts places like the Kailani Waikiki condos right in central Waikiki, but far enough back from the main drag to be out of noise range.

    Another perk is that these are larger than usual Waikiki condo properties. Th  .....
    Read more.
    Other Kailani Listings
    • Photo
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    Kailani #603
    2 Bds | 2 Ba
    930 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. 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.