Hawaii Living

Waikiki Sunset #2506 (Waikiki)

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Photo 1 of 229 Paoakalani Ave #2506, Honolulu

229 Paoakalani Ave #2506, 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
Well maintained unit on the ocean side of the highly desirable Waikiki Sunset! This 1 bed, 1 bath boasts an open living room area, beautiful views of Waikiki and Diamond Head, large windows that let in tons of natural light, and more! Conveniently located just walking distance from Waikiki's finest restaurants, beaches, and shopping. Comes with 1 covered unassigned parking stall and furnishings. Short-term rentals allowed! This one won't last long!
Past Activity
  • Feb 05, 2024 Sold for $660,000
  • Jan 08, 2024 Under Contract
  • Jan 02, 2024 Listed at $640,000
  • May 10, 2023 Off Market
  • Mar 28, 2023 Listed at $650,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.37
  • Price / ft²: $1,215
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Coastline, Diamond Head, Ocean, Sunset
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 4%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Other, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-252
  • Tax Assessed Land: $84,200
  • Tax Assessed Improvements: $418,900
  • Tax Assessed Total: $503,100
  • Courtesy: Vesta Hawaii Real Estate / (808) 792-2700
  • MLS: 202328406
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 08, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Sunset Listings
$640,000
Waikiki Sunset #3705 (NUC)
1 Bd | 1 Ba
546 ft²
Featured
$639,000
Waikiki Sunset #1803
1 Bd | 1 Ba
546 ft²
$648,000
Waikiki Sunset #1811
1 Bd | 1 Ba
546 ft²
$649,000
Waikiki Sunset #1405(NUC)
1 Bd | 1 Ba
546 ft²
Other Condotels
$619,000
Island Colony #2620
1 Bd | 1 Ba
570 ft²
$599,000
Luana Waikiki #606
1 Bd | 1 Ba
676 ft²
Featured
$735,000
$755,000
Ilikai Marina #688
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
  • Sold 2/5/24 at $660,000
    (List Price: $640,000)
Description
Well maintained unit on the ocean side of the highly desirable Waikiki Sunset! This 1 bed, 1 bath boasts an open living room area, beautiful views of Waikiki and Diamond Head, large windows that let in tons of natural light, and more! Conveniently located just walking distance from Waikiki's finest restaurants, beaches, and shopping. Comes with 1 covered unassigned parking stall and furnishings. Short-term rentals allowed! This one won't last long!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 08, 2025.Information is deemed reliable but not guaranteed.
    • Feb 05, 2024 Sold for $660,000
    • Jan 08, 2024 Under Contract
    • Jan 02, 2024 Listed at $640,000
    • May 10, 2023 Off Market
    • Mar 28, 2023 Listed at $650,000
    • 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
    $640,000
    Waikiki Sunset #3705 (NUC)
    1 Bd | 1 Ba
    546 ft²
    Featured
    $639,000
    Waikiki Sunset #1803
    1 Bd | 1 Ba
    546 ft²
    $648,000
    Waikiki Sunset #1811
    1 Bd | 1 Ba
    546 ft²
    $649,000
    Waikiki Sunset #1405(NUC)
    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.
    Learn about property tax rates.