Built: 2015, 117 Units on 5 Floors, 1 - 2BR in 3 Buildings, Pets: OK (verify).
Amenities: Heated Pool, 2 BBQ stations, Picnic Area & Resident Manager.
Short-term Vacation Renting: Not Allowed.
Cove Waikiki is made up of three connected structures:
A Structure: Units on 2nd-5th floors, parking on 1st level.
B Structure: Units on 3rd-5th floors, parking on 1st-2nd floors.
C Structure: Units on 3rd-5th floors, parking on 1st-2nd floors.
Elevators: 3 total - 2 near the main entrance (convenient for B & C), 1 by the pool (convenient for A & B).
Parking: 1BR units: 1 stall; 2BR units: 1 or 2 stalls. Gated 1st-floor entry in all structures; B structure has a ramp to 2nd-floor parking spanning B and C.
No AC in elevators or common areas. Secured bicycle and surfboard storage.
Flooring: Carpet in bedrooms; carpet or wood in living/dining areas (some upgraded post-completion).
Storage: Available in some units, not most.
Size: 1BR: 561-704 sq ft (some with a den); 2BR: 787-925 sq ft.
Features: Window AC units in bedrooms and living rooms, 17 unique floor plans.
About the Area Kaioo Drive, a peaceful western Waikiki street with light traffic, offers a calm retreat steps from beaches, dining, and Waikiki’s lively attractions.
Over the past 3 years, an average of 3.3 fee simple condos sold per year in Cove Waikiki. With so few sales, this graph may not fully reflect market trends.
The Cove Waikiki graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Cove Waikiki Market Summary (February '25 - January '26 vs February '24 - January '25)
Number of Sales: 3 vs 1 — up 200.00%
List-to-Sale Price Ratio: 98.57% vs 98.71% — down 0.14%
We are a team of licensed real estate agents with decades of experience and in-depth knowledge of the pros & cons of every Waikiki building and each residence type within them. For an informed decision when making your purchase, contact us here at Hawaii Living.
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.
