NOT LISTED FOR SALE

Park Lane Ala Moana 1388 Ala Moana Blvd Unit 8405 Honolulu, HI 96814

Kakaako Neighborhood

Estimated Value: $8,404,000 - $8,744,561

3 Beds
3.5 Baths
2,826 Sq Ft
2016 Built

Last Sold March 31, 2022

Last sale price $9,000,000 $3,185 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $53,438/month

19 Days on Market

Highlights

  • Concierge
  • Heated Pool
  • Clubhouse
  • Ocean View
  • Sauna
  • Marble Flooring

About This Home

As of March 2022

Unit 8405 features an enclosed garage which provides direct access into your residence. It also has an expansive covered lanai with ocean views and a built-in BBQ station. This rarely available floorplan features a den, office, and storage. Each room is an ensuite with its own bathroom, while your guests have a powder room off the living room. At over 3,300 sf in total space, this unit lives like a house but with all the advantages of condo living! Park Lane was meticulously designed to create a lifestyle for the most discerning owners. The building is situated in the heart of Honolulu with access to world-class beaches, shopping, dining, and entertainment right outside your door. Park Lane features resort-style amenities, curated artworks, and an award-winning service staff.

Last Agent to Sell the Property

Trevor Benn

Forward Realty License #RB-18240 Listed on: 02/02/2022

Last Buyer's Agent

Kristian Nielsen

Hawaii Living LLC License #RS-75438

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $69,636

Year Built

  • Built in 2016

Lot Details

  • Property is in excellent condition

Property Views

  • Ocean
  • Garden

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 2,826 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Sauna
  • Home Gym

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Assigned Parking
  • Secure Parking

Outdoor Features

  • Heated Pool
  • Outdoor Grill
  • Playground

Schools

  • Kaahumanu Elementary School
  • Stevenson Middle School
  • Mckinley High School

Utilities

  • Central Air
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Mid-Rise Condominium
  • Park Lane Condos

Amenities

  • Concierge
  • Valet Parking
  • Trash Chute
  • Clubhouse
  • Meeting Room
  • Recreation Room

Recreation

  • Jogging Path

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$69,636

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Architectural Style: Low-Rise 6 or Less Stories
  • Building Name: Park Lane
  • Inclusions: AC Central, Auto Garage Door Opener, Blinds, Book Shelves, Cable TV, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
  • PropertyFrontage: Other
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 2826
  • Fill Sq Ft Total: 3311
  • Stories Type: 4-7
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: BBQ, Club House, Concierge, Exercise Room, Heated Pool, Meeting Room, Playground, Pool on Property, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Trash Chute, Valet, Walking/Jogging Path, Whirlpool
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble/Granite
  • Entry Floor: 4
  • Unit Features: Bedroom on 1st Level, Central AC, Full Bath on 1st Floor, Odd# Unit, Single Level

Exterior Features

  • Construction Type: Concrete, Double Wall
  • Flood Zone: Zone AE
  • Property Condition: Excellent
  • View: Garden, Ocean, Sunset

Garage/Parking

  • Parking Features: Assigned, Covered - 2, Garage, Guest, Secured Entry
  • Total Parking Spaces: 2
  • Sq Ft GarageCarport: 440

Association/Amenities

  • AssociationFee2Includes: None

Schools

  • Elementary School: Kaahumanu
  • Middle School: Stevenson
  • High School: Mckinley
  • Elementary School: Kaahumanu
  • High School: Mckinley
  • Middle Or Junior School: Stevenson

Multi Family

  • Maintenance Expense: 3909.96

Tax Info

  • Tax Annual Amount: 69636.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 28, 2022
Sold by
Otazuya Llc
Bought by
Park Lane Ala Moana
Seller's Agent
Trevor Benn
Forward Realty
Buyer's Agent
Kristian Nielsen
Hawaii Living LLC
List Price
$9,000,000
Sold Price
$9,000,000
Current Estimated Value
$8,519,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$480,480
Avg. Annual Appreciation
-0.51%

Purchase Details

Closed on
Oct 4, 2017
Sold by
Amx Partners Llc
Bought by
Otazuya Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,550
Interest Rate
3.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Park Lane Ala Moana -- Title Guaranty & Escrow Servic
Moana Park Lane Ala -- Title Guaranty & Escrow Servic
Otazuya Llc -- Tg
Otazuya Llc -- Tg
Otazuya Llc -- Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otazuya Llc $318,550
Previous Owner Otazuya Llc $4,459,700
Previous Owner Deutsche Bank Ag $460,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $9,000,000 0.0% $3,185 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $9,000,000 -- $3,185 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

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 $101,364 $9,366,200 $536,100 $8,830,100
2024 $101,364 $9,540,700 $536,100 $9,004,600
2023 $89,248 $8,477,900 $536,100 $7,941,800
2022 $70,409 $7,277,000 $521,900 $6,755,100
2021 $69,639 $7,203,700 $498,100 $6,705,600
2020 $69,852 $7,224,000 $474,400 $6,749,600
2019 $25,178 $7,442,000 $445,900 $6,996,100
2018 $25,178 $3,297,600 $398,500 $2,899,100
2017 $3,263 $932,200 $355,800 $576,400
2016 $2,104 $601,000 $473,000 $128,000
Source: Public Records

Agents Affiliated with this Home

  • Trevor Benn

    Seller's Agent in 2022

    Trevor Benn

    Forward Realty

    (808) 383-2366

    22 in this area

    134 Total Sales

    Trevor Benn
    Section Image
  • Kristian Nielsen

    Buyer's Agent in 2022

    Kristian Nielsen

    Hawaii Living LLC

    (808) 372-6184

    20 in this area

    39 Total Sales

    Kristian Nielsen
    Section Image
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About Park Lane Ala Moana

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202130613

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-038-013-0195

Hawaii Honolulu County Honolulu 96814 Kakaako

1388 Ala Moana Blvd Unit 8405, Honolulu, HI

This home is located at 1388 Ala Moana Blvd Unit 8405, Honolulu, HI 96814 since 02 February 2022 and is currently estimated at $8,519,520, approximately $3,014 per square foot. This property was built in 2016. 1388 Ala Moana Blvd Unit 8405 is a home located in Honolulu County with nearby schools including Queen Ka'ahumanu Elementary School, President William McKinley High School, and Myron B. Thompson Academy - A New Century Public Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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