Hawaii Living

Waikiki Sunset #1714 (Waikiki)

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Photo 1 of 229 Paoakalani Ave #1714, Honolulu

229 Paoakalani Ave #1714, Honolulu

Selling or Buying in Waikiki Sunset?
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
Extremely rare TWO-BEDROOM legal vacation rental in Waikiki, with gorgeous Diamond Head and ocean views and parking included! Currently in the hotel rental pool, this unit has been renovated over the years to stay modern and attractive. Located near the Diamond Head end of Waikiki, the building has a resort-like atmosphere. There is a recreation deck with a heated swimming pool, barbeque, and lots of room for sunbathing and relaxing. There are only two 2bds per floor and this is the ocean/Diamond Head corner, with a direct view of the iconic landmark over a school and historic Kapiolani Park. For added convenience, the laundry area is on every floor and ours is right near this unit. A short distance to the beach, dining, and entertainment, this is a wonderful option for a vacation home, your guests, or an inviting residence.
Past Activity
  • Feb 03, 2025 Sold for $950,000
  • Jan 04, 2025 Under Contract
  • Jan 02, 2025 Listed at $950,000
  • Jul 12, 2018 Sold for $701,500
  • Jun 02, 2018 Under Contract
  • May 29, 2018 Listed at $659,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.13
  • Price / ft²: $1,573
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone X
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: Coastline, Diamond Head, Ocean, Sunrise
  • Property Condition: Above Average
  • Owner Occupancy: 5%
  • Management Company: Hawiana Mgmt
  • Security Features: Card
  • Amenities: BBQ, Community Laundry, Concierge, Condo Association Pool, Heated Pool, Patio/Deck, Recreation Area, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-148
  • Tax Assessed Land: $95,300
  • Tax Assessed Improvements: $587,300
  • Tax Assessed Total: $682,600
  • Courtesy: Coldwell Banker Realty / (808) 596-0456
  • MLS: 202501056
About Waikiki Sunset
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
     
  • Built: 1979, 38 Floors, 435 Units, 1 & 2BR, Pets: OK (verify).
     
  • Amenities: Pool, Gym, Sauna, BBQ.
     
  • Short-term Vacation Renting: Allowed.

Note: A special assessment of $253/mo to $295/mo for the 1-bedroom units and $582 to $660/mo for the 2-bedroom units ends in December 2028, or it can be paid off in full before then. This is for the 2025 completed AC fan coil replacement project.

Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including unit  ..... Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 05, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Sunset Listings
$850,000
Waikiki Sunset #3308
1 Bd | 1 Ba
534 ft²
$820,000
Waikiki Sunset #2808(NUC)
1 Bd | 1 Ba
534 ft²
$750,000
Waikiki Sunset #2305(NUC)
1 Bd | 1 Ba
546 ft²
$725,000
Waikiki Sunset #1501
1 Bd | 1 Ba
546 ft²
Other Condotels
$850,000
Marine Surf Waikiki #1211
1 Bd | 1.5 Ba
858 ft²
$830,000
Luana Waikiki #1607
1 Bd | 1 Ba
588 ft²
$830,000
Pacific Monarch #807
1 Bd | 1 Ba
443 ft²
$825,000
Ilikai Marina #1286
1 Bd | 1 Ba
651 ft²
Featured
$735,000
$1,248,000
Waikiki Shore #208
1 Bd | 1 Ba
505 ft²
  • Sold 2/3/25 at $950,000
    (List Price: $950,000)
Description
Extremely rare TWO-BEDROOM legal vacation rental in Waikiki, with gorgeous Diamond Head and ocean views and parking included! Currently in the hotel rental pool, this unit has been renovated over the years to stay modern and attractive. Located near the Diamond Head end of Waikiki, the building has a resort-like atmosphere. There is a recreation deck with a heated swimming pool, barbeque, and lots of room for sunbathing and relaxing. There are only two 2bds per floor and this is the ocean/Diamond Head corner, with a direct view of the iconic landmark over a school and historic Kapiolani Park. For added convenience, the laundry area is on every floor and ours is right near this unit. A short distance to the beach, dining, and entertainment, this is a wonderful option for a vacation home, your guests, or an inviting residence.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 05, 2025.Information is deemed reliable but not guaranteed.
    • Feb 03, 2025 Sold for $950,000
    • Jan 04, 2025 Under Contract
    • Jan 02, 2025 Listed at $950,000
    • Jul 12, 2018 Sold for $701,500
    • Jun 02, 2018 Under Contract
    • May 29, 2018 Listed at $659,000
    • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
       
    • Built: 1979, 38 Floors, 435 Units, 1 & 2BR, Pets: OK (verify).
       
    • Amenities: Pool, Gym, Sauna, BBQ.
       
    • Short-term Vacation Renting: Allowed.

    Note: A special assessment of $253/mo to $295/mo for the 1-bedroom units and $582 to $660/mo for the 2-bedroom units ends in December 2028, or it can be paid off in full before then. This is for the 2025 completed AC fan coil replacement project.

    Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including unit  ..... Read more.

    Other Waikiki Sunset Listings
    $850,000
    Waikiki Sunset #3308
    1 Bd | 1 Ba
    534 ft²
    $820,000
    Waikiki Sunset #2808(NUC)
    1 Bd | 1 Ba
    534 ft²
    $750,000
    Waikiki Sunset #2305(NUC)
    1 Bd | 1 Ba
    546 ft²
    $725,000
    Waikiki Sunset #1501
    1 Bd | 1 Ba
    546 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.