Hawaii Living

The Watermark #504 (Waikiki)

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Photo 1 of 1551 Ala Wai Blvd #504, Honolulu

1551 Ala Wai Blvd #504, Honolulu

Selling or Buying in The Watermark?
Call/Text George (808) 554-1635 or send a message using the form below.
George Krischke

George Krischke

Principal Broker
Realtor, RB-18610

Mobile: (808) 554-1635

Email: George@HawaiiLiving.com

Description
Priced to Sell! At the Watermark you'll have views of the city, yacht harbor, trees at the park and the nearby canal. Take a leisurely walk to nearby restaurants, the beach, shopping and even the nightlife of Waikiki. You'll feel as if you're vacationing at a luxury resort when you return home each day. The super-sized lanai expands the length of your apartment and provides a cozy spot if you choose not to make the trek to the pool or gardens. Why would you want to live in Kakaako when you can live on a less-traveled street? THIS is living in paradise.
Past Activity
  • Oct 16, 2025 Off Market
  • Apr 15, 2025 Listed at $1,199,000
  • Feb 17, 2016 Sold for $970,000
  • Jan 18, 2016 Under Contract
  • Jan 05, 2016 Listed at $995,000
  • Jan 01, 2016 Off Market
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.98
  • Price / ft²: $872
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Marina/Canal, Ocean
  • Property Condition: Above Average
  • Owner Occupancy: 83%
  • Management Company: Hawaiiana
  • Security Features: Gated Community, Key, Keyed Elevator, Security Patrol
  • Amenities: BBQ, Concierge, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Security Guard, Storage, Trash Chute, Whirlpool
  • TMK: 1-2-6-11-1-23
  • Tax Assessed Land: $152,900
  • Tax Assessed Improvements: $877,800
  • Tax Assessed Total: $1,030,700
  • Courtesy: Properties of the Pacific, LLC
  • MLS: 201600173
About The Watermark


The Watermark Waikiki, completed in summer 2008, offers a luxury resort-like experience in Waikiki. Its open-air lobby features stone flooring and tropical gardens, staffed by a professional conci



  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 26, 2025.Information is deemed reliable but not guaranteed.
Other The Watermark Listings
$1,079,000
The Watermark #401
2 Bds | 2 Ba
1,196 ft²
$1,080,000
The Watermark #1003
2 Bds | 2 Ba
1,118 ft²
$1,140,000
The Watermark #703
2 Bds | 2 Ba
1,112 ft²
$1,149,800
The Watermark #1603
2 Bds | 2 Ba
1,189 ft²
Other Metro Honolulu Condos
Waikiki
$988,000
Allure Waikiki #1004
2 Bds | 2 Ba
1,234 ft²
Waikiki
$825,000
Lanikea At Waikiki #702
2 Bds | 2 Ba
1,023 ft²
Waikiki
$930,000
Waikiki
$1,150,000
Ritz-Carlton Waikiki
1 Bd | 2 Ba
820 ft²
Waikiki
$705,000
Cove Waikiki #B310
2 Bds | 2 Ba
837 ft²
Kakaako
$998,000
Ke Kilohana #4208
2 Bds | 2 Ba
989 ft²
  • Sold 2/17/16 at $970,000
    (List Price: $995,000)
Description
Priced to Sell! At the Watermark you'll have views of the city, yacht harbor, trees at the park and the nearby canal. Take a leisurely walk to nearby restaurants, the beach, shopping and even the nightlife of Waikiki. You'll feel as if you're vacationing at a luxury resort when you return home each day. The super-sized lanai expands the length of your apartment and provides a cozy spot if you choose not to make the trek to the pool or gardens. Why would you want to live in Kakaako when you can live on a less-traveled street? THIS is living in paradise.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 26, 2025.Information is deemed reliable but not guaranteed.
    • Oct 16, 2025 Off Market
    • Apr 15, 2025 Listed at $1,199,000
    • Feb 17, 2016 Sold for $970,000
    • Jan 18, 2016 Under Contract
    • Jan 05, 2016 Listed at $995,000
    • Jan 01, 2016 Off Market


    The Watermark Waikiki, completed in summer 2008, offers a luxury resort-like experience in Waikiki. Its open-air lobby features stone flooring and tropical gardens, staffed by a professional conci



      ... Read more
    Other The Watermark Listings
    $1,079,000
    The Watermark #401
    2 Bds | 2 Ba
    1,196 ft²
    $1,080,000
    The Watermark #1003
    2 Bds | 2 Ba
    1,118 ft²
    $1,140,000
    The Watermark #703
    2 Bds | 2 Ba
    1,112 ft²
    $1,149,800
    The Watermark #1603
    2 Bds | 2 Ba
    1,189 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. 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.