The name of this condominium, Terrace Towers, truly befits this special penthouse listing with spacious lanai and 180-degree views. The expansive residence is centrally-located on a quiet lane near the University of Hawaii, `Iolani School, the Ala Wai Golf Course, and Waikiki. Have a splash in the pool then a meal on your terrace in the sky. The living room with wonderful shelving stretches from the mountain to the ocean side, and there are three spacious bedrooms plus a den. This comfortable home which has been in one family for decades also has two parking and a washer-dryer in the apartment. Rarely does a penthouse opportunity like this come on the market. *Two parking stalls #4 (uncovered) and #40 (covered) are included according to manager but buyer to verify numbers.
Built: 1969, 73 2 & 3BR Units in 13-Story Building on 35,941 Sq Ft.
Amenities: Pool, Spa, Clubhouse.
Short-term Vacation Renting: Not Allowed.
Developer: Terrace Developers Ltd.
The Terrace Towers stands between University Ave and Kapiolani Blvd, beside the Date Street Mini Park and both the H-1 East & West entrances up the road from there. It is the tallest building in its neighborhood, giving the higher floors excellent sightlines.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 23, 2026.Information is deemed reliable but not guaranteed.
The name of this condominium, Terrace Towers, truly befits this special penthouse listing with spacious lanai and 180-degree views. The expansive residence is centrally-located on a quiet lane near the University of Hawaii, `Iolani School, the Ala Wai Golf Course, and Waikiki. Have a splash in the pool then a meal on your terrace in the sky. The living room with wonderful shelving stretches from the mountain to the ocean side, and there are three spacious bedrooms plus a den. This comfortable home which has been in one family for decades also has two parking and a washer-dryer in the apartment. Rarely does a penthouse opportunity like this come on the market. *Two parking stalls #4 (uncovered) and #40 (covered) are included according to manager but buyer to verify numbers.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 23, 2026.Information is deemed reliable but not guaranteed.
Built: 1969, 73 2 & 3BR Units in 13-Story Building on 35,941 Sq Ft.
Amenities: Pool, Spa, Clubhouse.
Short-term Vacation Renting: Not Allowed.
Developer: Terrace Developers Ltd.
The Terrace Towers stands between University Ave and Kapiolani Blvd, beside the Date Street Mini Park and both the H-1 East & West entrances up the road from there. It is the tallest building in its neighborhood, giving the higher floors excellent sightlines.
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. 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.
Property Taxes
Honolulu County Property Tax Info Real property tax rates in Honolulu are based on the property’s tax classification, as determined by the City & County.
Residential (0.35%) Applies to owner-occupied properties with an approved Home Exemption, or to properties with an assessed value under $1,000,000.
Residential A (Tiered) Applies to properties with an assessed value of $1,000,000+ where no Home Exemption is claimed (e.g., second homes, investment properties). First $1,000,000 taxed at 0.40% • Value above $1,000,000 taxed at 1.14%
Home Exemption A fixed deduction ($120,000–$160,000, depending on age) that reduces the taxable assessed value when approved.
