Hawaii Living

Waikiki Banyan #803 (Waikiki)

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Photo 1 of 201 Ohua Ave #803, Honolulu
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201 Ohua Ave #803, Honolulu

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Description
Gorgeously remodeled, fully furnished LEGAL short-term vacation rental (NUC in place) in the highly desirable Waikiki Banyan — just minutes from Waikiki Beach. This spacious one-bedroom residence features a king bed and a sofa bed, comfortably accommodating owners and guests. Enjoy beautiful mountain views and easy access to Waikiki’s dining, shopping, and entertainment.This rarely available layout offers approximately 50 sq. ft. more interior space than most units, plus a separate oversized storage area ideal for golf clubs, beach toys, sports gear, or household items. The thoughtful floor plan includes two entrances—one from the bedroom and another from the living room/kitchen—providing privacy and flexibility for multiple guests.The building is being enhanced with brand-new smart elevators, and a scheduled pool deck renovation will elevate the resort-style experience and future value. Professionally managed with on-site security and maintenance, and includes a covered unassigned parking stall.Whether you’re seeking a turnkey vacation home, owner-occupant option, or investment property, this unit delivers an exceptional Waikiki lifestyle opportunity.
Recent Activity
  • Jan 05, 2026 Listed at $660,000
  • Jul 17, 2021 Sold for $525,000
  • Jun 24, 2021 Under Contract
  • Feb 08, 2021 Listed at $550,000
  • Jul 03, 2020 Off Market
  • Jul 02, 2020 Back to Active
  • Mar 30, 2020 Under Contract
  • Feb 03, 2020 Listed at $480,000
  • Feb 23, 2018 Sold for $450,000
  • Dec 26, 2017 Under Contract
  • Jul 27, 2017 Listed at $500,000
Recent Sales
(Waikiki Banyan)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.87
  • Price / ft²: $1,238
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2022
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol
  • Amenities: BBQ, Community Association Pool, Community Laundry, Fire Sprinkler, Heated Pool, Patio/Deck, Sauna, Security Guard, Tennis Court, Trash Chute
  • TMK: 1-2-6-25-5-27
  • Tax Assessed Land: $106,600
  • Tax Assessed Improvements: $619,900
  • Tax Assessed Total: $726,500
  • Courtesy: Hawaii Home Properties LLC / (808) 666-3300
  • MLS: 202528449
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About Waikiki Banyan
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
     
  • Built: 1977, 876 Units, 2 37 Floor Towers, 1BR, Pets: OK (verify).
     
  • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground.
     
  • Short-term Vacation Renting: Allowed.

Special Assessment: From January to December 2025, each unit incurs an additional $570.78/month for 12 months to fund a pool deck renovation (started March 2025, expected to last 10-12 months), insurance cost increases, and other capital improvements.

Waikiki Banyan, a two-tower condot

  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 09, 2026.Information is deemed reliable but not guaranteed.
Other Waikiki Banyan Listings
$658,000
Waikiki Banyan #T2-908
1 Bd | 1 Ba
533 ft²
$675,000
Waikiki Banyan #1703-T2
1 Bd | 1 Ba
582 ft²
$720,000
Waikiki Banyan #T1-2405
1 Bd | 1 Ba
533 ft²
$595,000
Waikiki Banyan #903-Mauka
1 Bd | 1 Ba
582 ft²
Other Condotels
$659,000
Waikiki Sunset #905
1 Bd | 1 Ba
546 ft²
$620,000
Hawaiian Monarch #2702
1 Bd | 2 Ba
676 ft²
$619,000
Island Colony #2620
1 Bd | 1 Ba
570 ft²
$750,000
Ilikai Marina #1294
1 Bd | 1 Ba
651 ft²
$649,000
Tradewinds Plaza #703
Studio | 1 Ba
322 ft²
$500,000
Waikiki Grand Hotel #518
Studio | 1 Ba
363 ft²
  • Asking Price: $660,000
Description
Gorgeously remodeled, fully furnished LEGAL short-term vacation rental (NUC in place) in the highly desirable Waikiki Banyan — just minutes from Waikiki Beach. This spacious one-bedroom residence features a king bed and a sofa bed, comfortably accommodating owners and guests. Enjoy beautiful mountain views and easy access to Waikiki’s dining, shopping, and entertainment.This rarely available layout offers approximately 50 sq. ft. more interior space than most units, plus a separate oversized storage area ideal for golf clubs, beach toys, sports gear, or household items. The thoughtful floor plan includes two entrances—one from the bedroom and another from the living room/kitchen—providing privacy and flexibility for multiple guests.The building is being enhanced with brand-new smart elevators, and a scheduled pool deck renovation will elevate the resort-style experience and future value. Professionally managed with on-site security and maintenance, and includes a covered unassigned parking stall.Whether you’re seeking a turnkey vacation home, owner-occupant option, or investment property, this unit delivers an exceptional Waikiki lifestyle opportunity.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 09, 2026.Information is deemed reliable but not guaranteed.
    • Jan 05, 2026 Listed at $660,000
    • Jul 17, 2021 Sold for $525,000
    • Jun 24, 2021 Under Contract
    • Feb 08, 2021 Listed at $550,000
    • Jul 03, 2020 Off Market
    • Jul 02, 2020 Back to Active
    • Mar 30, 2020 Under Contract
    • Feb 03, 2020 Listed at $480,000
    • Feb 23, 2018 Sold for $450,000
    • Dec 26, 2017 Under Contract
    • Jul 27, 2017 Listed at $500,000
    • Address: 201 Ohua Ave, Honolulu, HI 96815.
       
    • Built: 1977, 876 Units, 2 37 Floor Towers, 1BR, Pets: OK (verify).
       
    • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground.
       
    • Short-term Vacation Renting: Allowed.

    Special Assessment: From January to December 2025, each unit incurs an additional $570.78/month for 12 months to fund a pool deck renovation (started March 2025, expected to last 10-12 months), insurance cost increases, and other capital improvements.

    Waikiki Banyan, a two-tower condot

      ... Read more
    Other Waikiki Banyan Listings
    $658,000
    Waikiki Banyan #T2-908
    1 Bd | 1 Ba
    533 ft²
    $675,000
    Waikiki Banyan #1703-T2
    1 Bd | 1 Ba
    582 ft²
    $720,000
    Waikiki Banyan #T1-2405
    1 Bd | 1 Ba
    533 ft²
    $595,000
    Waikiki Banyan #903-Mauka
    1 Bd | 1 Ba
    582 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.