$1,600,000
$125K PRICE DROP

Estimated payment $9,128/month

Total Views 8,714
1 Bed
1 Bath
835 Sq Ft
$1,916 Price per Sq Ft

Highlights

  • Ocean Front
  • Gated Community
  • End Unit
  • Waikiki Elementary School Rated A-
  • 15,377 Sq Ft lot
  • Building Patio

About This Home

7TH FLOOR OCEANFRONT PENTHOUSE GOLD COAST APT WITH UNBELIEVABLY GORGEOUS OCEAN VIEWS right at the Ocean's edge, looking directly at surfers, sail craft, yachts and sometimes frolicking Tortoises and Spouting Whales!! This was the Vacation Home of a World Renowned Celebrated Artist, who took inspiration from its Incredible Location and beautiful views of the full range of Extraordinary Blue Ocean Hues. Look over famous Surf Spots and farther out to the Horizon from this treasured Site on the Ocean at Stunning Diamond Head! The Sunsets are breathtaking. When you swim here, you are likely to find several natural gentle whirlpools which spill into the Ocean from the cool mountain streams of the Ko'olau Range,which rise behind Diamond Head. The phenomenon of these many streams endlessly gushing into this treasured stretch of coastline draws people from all over the World. Perfect Weather, Gentle Breezes and the startling Indigo of the Pacific at your doorstep and Lanai - are stunning attractions unique to this place. Outrigger Canoe Club and Diamond Head Elks Club are oceanfront just a short walk away...as is legendary romantic Michel's Restaurant. Come to Paradise!! Do Not Miss This!

Listing Agent

Liz Hamilton

Royal Hawaiian Properties, Inc Brokerage Phone: (808) 941-6111 License #RB-08784 Listed on: 01/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,236

Year Built

  • Built in 1953

Lot Details

  • Ocean Front
  • End Unit
  • Fenced

Property Views

  • Ocean
  • Coastline

Home Design

  • Entry on the 7th floor
  • Slab Foundation

Interior Spaces

  • 835 Sq Ft Home
  • 1-Story Property
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Covered Parking
  • Assigned Parking

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 1-3-1-032-002-0041

Community Details

Overview

  • Association fees include hot water, sewer, water
  • 2987 Kalakaua Condos
  • Diamond Head Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch
  • Laundry Facilities

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,236

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Architectural Style: High Rise, Penthouse
  • Building Name: 2987 Kalakaua
  • Inclusions: Auto Garage Door Opener,Book Shelves,Ceiling Fan,Dishwasher,Disposal,Dryer,Kitchenware,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1953
  • Attribution Contact: (808) 941-6111
  • CommunityFeatures: Deck/Porch, Laundry Facilities, Patio, Gated
  • Fencing: Fenced, Wall
  • Road Frontage Type: Oceanfront, Waterfront
  • SecurityFeatures: Closed Circuit Camera(s), Gated Community, Key Card Entry
  • MLS Status: Active
  • Subdivision Name: DIAMOND HEAD
  • Entry Level: 7
  • Interior Features: Bedroom on Main Level
  • Unit Levels: One
  • Living Area: 835.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Marble, Other
  • Furnished: Partially
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition, Updated/Remodeled
  • View: Coastline, Mountain(s), Ocean, Sunset
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Exclusions: Other
  • Common Walls: End Unit
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Covered, One Space, Secured
  • Total Parking Spaces: 1.0

Fee Information

  • Association Fee Includes: Hot Water, None, Sewer, Water

Lot Info

  • Parcel Number: 1-3-1-032-002-0041
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Maintenance Expense: 940.0

Tax Info

  • Tax Annual Amount: 7236.0

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 $7,235 $1,238,100 $190,400 $1,047,700
2024 $7,235 $1,283,800 $158,700 $1,125,100
2023 $5,604 $1,140,700 $158,700 $982,000
2022 $5,843 $1,127,900 $158,700 $969,200
2021 $6,112 $1,153,500 $126,900 $1,026,600
2020 $6,894 $1,228,000 $122,200 $1,105,800
2019 $5,861 $1,129,600 $120,600 $1,009,000
2018 $5,710 $1,134,400 $104,700 $1,029,700
2017 $3,534 $1,089,700 $100,000 $989,700
2016 $3,051 $951,800 $96,800 $855,000
2015 $2,520 $800,000 $95,200 $704,800
2014 -- $766,300 $93,900 $672,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Price Changed $1,600,000 -5.6% $1,916 / Sq Ft
02/13/2025 02/13/25 Price Changed $1,695,000 -1.7% $2,030 / Sq Ft
01/05/2025 01/05/25 For Sale $1,725,000 +38.0% $2,066 / Sq Ft
01/04/2017 01/04/17 Sold $1,250,000 -21.3% $2,059 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $1,588,888 +75.0% $2,618 / Sq Ft
05/29/2014 05/29/14 Sold $908,000 -27.4% $1,496 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
12/04/2013 12/04/13 For Sale $1,250,000 -- $2,059 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $1,010,000 Tg
Deed $1,010,000 Tg
Deed $908,000 Tg
Deed $908,000 Tg
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Closed $660,000 New Conventional
Previous Owner $727,769 VA
Previous Owner $389,078 New Conventional
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202501226

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-1-032-002-0041