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Waikiki Banyan ##MAKAI/3703 (Waikiki)

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201 Ohua Ave ##MAKAI/3703, Honolulu

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Waikiki has unique short-term rental rules. We are expert real estate agents who specialize in this market. Contact us when ready. 
Guide To Condotels.
Description
WAIKIKI BANYAN PENTHOUSE WITH EXCEPTIONAL OCEAN AND DIAMOND HEAD VIEW! Higher ceilings and panoramic ocean views really distinguish this suite, enjoy Diamond Head from all living areas! Neighboring islands Molokai and Maui are also visible on a clear day. This penthouse is Modern, Fully Furnished, has Travertine Tile Flooring throughout. One of the MOST DESIRABLE suites in this highly sought after building. The resort features 24/7 security, a large pool with 2 jacuzzis, sauna, huge recreation deck, playground, BBQ area, tennis court, on-site cafe and more! Located in short distances to the beach, golf course, Kapiolani Park, Diamond Head, restaurants and shops. FEE SIMPLE with Becker Sandwich Lease which will expire in 2035 (Lease Rent: $52.20/month). HOA INCLUDES ALL UTILITIES! Unit does not have a NUC (Non-Conforming Use Certificate) but currently short term rentals are allowed at the Banyan. Buyers to do their own due diligence. DO NOT MISS THIS RARE OPPORTUNITY TO OWN A PENTHOUSE IN PARADISE!
Past Activity
  • Jun 10, 2024 Sold for $895,000
  • May 11, 2024 Under Contract
  • Apr 17, 2024 Listed at $900,000
  • Aug 24, 2020 Off Market
  • Nov 05, 2019 Price $740,000
  • Aug 23, 2019 Listed at $780,000
  • Jul 27, 2016 Sold for $495,000
  • Jul 04, 2016 Under Contract
  • Jun 16, 2016 Price $500,000
  • Apr 22, 2016 Listed at $600,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.33
  • Price / ft²: $1,538
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Sewer, Water
  • Year Remodeled: 2022
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: Diamond Head, Ocean
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 10%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Meeting Room, Patio/Deck, Playground, Recreation Area, Resident Manager, Restaurant, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-25-5-419
  • Tax Assessed Land: $109,000
  • Tax Assessed Improvements: $450,400
  • Tax Assessed Total: $559,400
  • Courtesy: Equity Hawaii Real Estate, LLC / (808) 426-7875
  • MLS: 202408420
Good to Know
Profile
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
  • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
  • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

Per Bill 41 (CO 22-07), all Waikiki Banyan units are now allowed to do short-term renting, even the ones that don’t have a NUC, as long as an owner registers their unit for short-term renting (see process here).


About Waikiki Banyan
Waikiki Banyan is a 2 tower property, lo  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on July 24, 2024.Information is deemed reliable but not guaranteed.
  • Sold 6/10/24 at $895,000
    (List Price: $900,000)
Description
WAIKIKI BANYAN PENTHOUSE WITH EXCEPTIONAL OCEAN AND DIAMOND HEAD VIEW! Higher ceilings and panoramic ocean views really distinguish this suite, enjoy Diamond Head from all living areas! Neighboring islands Molokai and Maui are also visible on a clear day. This penthouse is Modern, Fully Furnished, has Travertine Tile Flooring throughout. One of the MOST DESIRABLE suites in this highly sought after building. The resort features 24/7 security, a large pool with 2 jacuzzis, sauna, huge recreation deck, playground, BBQ area, tennis court, on-site cafe and more! Located in short distances to the beach, golf course, Kapiolani Park, Diamond Head, restaurants and shops. FEE SIMPLE with Becker Sandwich Lease which will expire in 2035 (Lease Rent: $52.20/month). HOA INCLUDES ALL UTILITIES! Unit does not have a NUC (Non-Conforming Use Certificate) but currently short term rentals are allowed at the Banyan. Buyers to do their own due diligence. DO NOT MISS THIS RARE OPPORTUNITY TO OWN A PENTHOUSE IN PARADISE!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on July 24, 2024.Information is deemed reliable but not guaranteed.
    • Jun 10, 2024 Sold for $895,000
    • May 11, 2024 Under Contract
    • Apr 17, 2024 Listed at $900,000
    • Aug 24, 2020 Off Market
    • Nov 05, 2019 Price $740,000
    • Aug 23, 2019 Listed at $780,000
    • Jul 27, 2016 Sold for $495,000
    • Jul 04, 2016 Under Contract
    • Jun 16, 2016 Price $500,000
    • Apr 22, 2016 Listed at $600,000
    Profile
    • Address: 201 Ohua Ave, Honolulu, HI 96815.
    • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
    • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

    Per Bill 41 (CO 22-07), all Waikiki Banyan units are now allowed to do short-term renting, even the ones that don’t have a NUC, as long as an owner registers their unit for short-term renting (see process here).


    About Waikiki Banyan
    Waikiki Banyan is a 2 tower property, lo  .....
    Read more.
    Other Waikiki Banyan Listings
     
    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.