$2,198,000
UNDER CONTRACT

229 Paoakalani Ave Unit 3807 Honolulu, HI 96815

Waikiki Neighborhood

Estimated payment $13,191/month

Total Views 603
2 Beds
2 Baths
1,308 Sq Ft
$1,680 Price per Sq Ft

Highlights

  • Ocean View
  • 49,963 Sq Ft lot
  • Wood Flooring
  • Fitness Center
  • Clubhouse
  • Sauna

About This Home

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.

Listing Agent

Andrew Leitheiser

Coldwell Banker Realty Brokerage Phone: (808) 596-0456 License #RB-22557 Listed on: 06/02/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,091

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • Property is in excellent condition

HOA Fees

  • $660 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Golf Course
  • City

Home Design

  • Condo Hotel
  • Entry on the 38th floor

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Closed Circuit Camera

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Unassigned Parking

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 6/20/25
  • Assessor Parcel Number 1-2-6-028-011-0435

Community Details

Overview

  • Association fees include common areas, electricity, HVAC, hot water, sewer, water
  • Waikiki Sunset Condos
  • Waikiki Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Sauna
  • Trash Chute
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Recreational Area

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Guard
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,091

Year Built

Built in 1979

Lot Details

0

HOA Fees

$660 per month

Listing Details

  • Architectural Style: High Rise, Penthouse
  • Building Name: Waikiki Sunset
  • Inclusions: AC Central,Dishwasher,Disposal,Drapes,Dryer,Kitchenware,Microwave,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • Attribution Contact: (808) 596-0456
  • CommunityFeatures: Barbecue, Clubhouse, Deck/Porch, Fitness, Patio, Pool, Recreation Area, Sauna, Trash Chute, Condo Hotel Community
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry, Fire Sprinkler System, Security Guard
  • Pets Allowed: Call
  • MLS Status: Active Under Contract
  • Subdivision Name: WAIKIKI
  • Entry Level: 38
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 1308.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: 4224

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Excellent, Updated/Remodeled
  • View: Canal, Coastline, City, Golf Course, Mountain(s), Ocean, Sunset, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure
  • Common Walls: End Unit

Garage/Parking

  • Parking Features: Covered, Garage, One Space, Secured, Unassigned
  • Total Parking Spaces: 1.0
  • Attached Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association #2 Fee: 660.0

Fee Information

  • Association Fee Includes: Common Areas, Electricity, HVAC, Hot Water, Sewer, Water

Lot Info

  • Parcel Number: 1-2-6-028-011-0435
  • Zoning Description: X2 - Apartment Precinct

Rental Info

  • Available Date: 2025-06-20

Multi Family

  • Maintenance Expense: 2220.97

Tax Info

  • Tax Annual Amount: 11090.52

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,091 $1,069,500 $201,800 $867,700
2024 $11,091 $1,121,900 $213,000 $908,900
2023 $2,762 $789,100 $206,300 $582,800
2022 $3,045 $870,000 $201,800 $668,200
2021 $3,095 $884,200 $201,800 $682,400
2020 $2,832 $809,200 $247,200 $562,000
2019 $3,079 $879,700 $206,000 $673,700
2018 $3,004 $858,200 $178,600 $679,600
2017 $2,776 $793,000 $137,400 $655,600
2016 $2,943 $840,800 $112,600 $728,200
2015 $2,877 $821,900 $96,100 $725,800
2014 $2,792 $731,700 $75,500 $656,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $2,198,000 0.0% $1,680 / Sq Ft
06/11/2025 06/11/25 Off Market $2,198,000 -- --
06/02/2025 06/02/25 For Sale $2,198,000 -- $1,680 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $950,000 Title Guaranty
Deed $950,000 Title Guaranty
Limited Warranty Deed $251,000 Tg
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202513078

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-028-011-0435