Hawaii Living

Waikiki Sunset #PH-3807 (Waikiki)

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Photo 1 of 229 Paoakalani Ave #PH-3807, Honolulu

229 Paoakalani Ave #PH-3807, 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
Own a true gem in the heart of Waikiki — PH-3807 at the Waikiki Sunset is a rarely available, arguably the best views in Oahu, fully furnished 2-bedroom, 2-bathroom legal short-term vacation rental penthouse in one of Oahu’s most sought-after destinations. Located on the top floor, this spacious corner end unit features extra-high ceilings and breathtaking panoramic views of Diamond Head, the Pacific Ocean, and the Ko?olau Mountains. One of the few legal short-term rental two-bedroom units in Waikiki, this property offers incredible flexibility and income potential, making it an exceptional investment opportunity or luxurious personal retreat. The open layout includes expansion windows for optimal views, natural lighting, an in-unit washer/dryer, parking stall, and tasteful upgrades throughout. Waikiki Sunset is a well-managed, resort-style building with excellent amenities and a prime location just moments from world-famous beaches, dining, and shopping. Don’t miss this rare chance to own a true one-of-one penthouse in paradise. Maintenance fees include Central AC, Electricity, Common Areas, Water (Hot), and Sewer.
Past Activity
  • Sep 24, 2025 Sold for $2,200,000
  • Jun 26, 2025 Under Contract
  • Jun 20, 2025 Back to Active
  • Jun 11, 2025 Off Market
  • Jun 02, 2025 Listed at $2,198,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.20
  • Price / ft²: $1,682
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2021
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Coastline, Diamond Head, Golf Course, Marina/Canal, Mountain, Ocean, Sunrise, Sunset
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 4%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Exercise Room, Fire Sprinkler, Patio/Deck, Pool on Property, Recreation Area, Recreation Room, Sauna, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-435
  • Tax Assessed Land: $201,800
  • Tax Assessed Improvements: $867,700
  • Tax Assessed Total: $1,069,500
  • Courtesy: Coldwell Banker Realty / (808) 596-0456
  • MLS: 202513078
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 04, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Sunset Listings
$1,690,000
Waikiki Sunset #3801
2 Bds | 2 Ba
1,209 ft²
$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
Other Condotels
Waikiki
$2,300,000
Waikiki Shore #418
2 Bds | 2 Ba
932 ft²
Ala Moana
$2,500,000
Ala Moana Hotel Condo #3326
2 Bds | 2.5 Ba
1,915 ft²
Waikiki
$1,575,000
Waikiki Shore #318
2 Bds | 1 Ba
932 ft²
  • Sold 9/24/25 at $2,200,000
    (List Price: $2,198,000)
Description
Own a true gem in the heart of Waikiki — PH-3807 at the Waikiki Sunset is a rarely available, arguably the best views in Oahu, fully furnished 2-bedroom, 2-bathroom legal short-term vacation rental penthouse in one of Oahu’s most sought-after destinations. Located on the top floor, this spacious corner end unit features extra-high ceilings and breathtaking panoramic views of Diamond Head, the Pacific Ocean, and the Ko?olau Mountains. One of the few legal short-term rental two-bedroom units in Waikiki, this property offers incredible flexibility and income potential, making it an exceptional investment opportunity or luxurious personal retreat. The open layout includes expansion windows for optimal views, natural lighting, an in-unit washer/dryer, parking stall, and tasteful upgrades throughout. Waikiki Sunset is a well-managed, resort-style building with excellent amenities and a prime location just moments from world-famous beaches, dining, and shopping. Don’t miss this rare chance to own a true one-of-one penthouse in paradise. Maintenance fees include Central AC, Electricity, Common Areas, Water (Hot), and Sewer.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 04, 2025.Information is deemed reliable but not guaranteed.
    • Sep 24, 2025 Sold for $2,200,000
    • Jun 26, 2025 Under Contract
    • Jun 20, 2025 Back to Active
    • Jun 11, 2025 Off Market
    • Jun 02, 2025 Listed at $2,198,000
    • 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
    $1,690,000
    Waikiki Sunset #3801
    2 Bds | 2 Ba
    1,209 ft²
    $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
     
    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.