4 Cove Waikiki Condos for Sale

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Cove Waikiki #A512
$658,000 2 Bd | 1 Ba | 844 sf
HOA Fees: $460
Built: 2015
Cove Waikiki #A510
$742,000 - Sunday Open House 2 Bd | 2 Ba | 833 sf
HOA Fees: $480
Built: 2015
Sunday Open House
Cove Waikiki #B412
$695,000 2 Bd | 2 Ba | 833 sf
HOA Fees: $480
Built: 2015
Cove Waikiki #Pkg. B39
$45,000 StudioHOA Fees: $
Built: 2015
  • Address: 1800, 1810 & 1820 Kaioo Dr, Honolulu, HI 96815.
  • Built in 2015, 117 Units on 5 Floors, 1 - 2BR, Pets: OK (verify).
  • Amenities include Heated Pool, 2 BBQ stations, Picnic Area & Resident Manager.
  • There are 17 different floor plans!

Good to Know About Cove Waikiki

The Building
3 structures, which are all connected: 
A Structure: Units on 2nd - 5th floor (parking stalls on 1st level), 
B Structure: Units on 3rd - 5th floor (parking on 1st & 2nd floor), 
C Structure: Units on 3rd - 5th floor (parking on 1st & 2nd floor). 

Elevators: 3 elevators total. 2 elevators by the main entrance (convenient location for B & C structures) and 1 elevator close to the pool area (convenient for A & B structures). 
Parking: 1BR units have 1 stall and 2BR units have either 1 or 2 stalls. All 3 structures have a 1st floor gated entry to parking and the B structure has a ramp up to the 2nd floor parking, which runs across B and C structure. 
No AC in elevators or other common areas (helps keep costs down and maintenance fees low).
Secured bicycle and surfboard storage. 

The Cove Waikiki Condos
Ceiling Height: 2nd floor = 9ft;  3rd & 4th floor = 8ft;  5th floor = 10ft.
Units have carpet in bedrooms and either carpet or wood flooring in living / dining area (unless owners have upgraded further after completion). 
Storage: Some units come with storage (most don't). 
Size: 1BR = 561sqf to 704sqf (a few 1BR has a den). 2BR = 787sqf to 925 sqf.
Window AC units in bedrooms and living room.

About the Area
Kaioo Drive is a quiet street in the western part of Waikiki without much traffic, yet close to beaches, restaurants etc. A great location for those who want access to Waikiki's excitment, but prefer a quiet place for their home.  

Selling points: Newer construction, efficient floor plan and very reasonable maintenance fees - hard to find in Waikiki.
Drawback: No great views. 

Cove Waikiki Floor Plate
Cove Waikiki Floor Plate

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  • Cove Waikiki Condos - Trends & Statistics

  • The price range of condos for sale in Cove Waikiki is $45K to $742K with a median price of $676K and median interior of 833sf.
  • The median price of condos sold in Cove Waikiki year-to-date (Jan - Sep 23, 2017) is $639K. In previous years it was $610K (2016), $607K (2015).
  • 7 condos have sold in Cove Waikiki year-to-date (Jan - Sep 23, 2017). In previous years, the total number of condos sold were 9 (2016), 4 (2015).
  • On average Cove Waikiki condos were on the market for 48 days before they were sold (Jan - Sep 23, 2017). In previous years it was 54 days (2016), 89 days (2015).
  • The average days on market for Cove Waikiki condos before sold was 15 days August 2017 compared to 78 days August 2016.
  • The ratio of Cove Waikiki condos sales price vs list price was 97.3% August 2017 compared to 98.0% August 2016.
  • 2 Cove Waikiki condos were sold August 2017 compared to 2 condos sold August 2016.
  • The total dollar volume of condos currently for sale in Cove Waikiki is $2.14M and the sold dollar volume year-to-date (Jan - Sep 23, 2017) is $4.22M. In previous years sold dollar volume was $5.05M (2016), $2.38M (2015).
  • The most recent sale in Cove Waikiki was a condo located at #A304 , sold for $630K on Aug 21, 2017. It had 833sf of interior. 9 other recent sales include: #B511 (561sf) sold for $498K on 8/16/2017. #B404 (829sf) sold for $660K on 4/28/2017. #B301 (841sf) sold for $639K on 4/13/2017. # (561sf) sold for $470K on 3/16/2017. #C506 (833sf) sold for $680K on 2/16/2017. #A409 (833sf) sold for $650K on 1/27/2017. #C309 (820sf) sold for $625K on 10/14/2016. #C505 (561sf) sold for $489K on 9/7/2016. #B314 (683sf) sold for $485K on 8/25/2016.
  • In Cove Waikiki there is currently 4 fee simple units for sale.
  • There are 1 studio floor plan and 3 x 2 bedroom floor plans.