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MLS: 202510991 (Active - For Sale)Condo: The Watermark #703
 
Asking Price: $1,140,000 FS - Fee Simple
Type: Condominium
District: Metro
Address: 1551 Ala Wai Boulevard, Honolulu, HI
Maintenance Fee: 1834.00
Neighborhood: Waikiki
Beds: 2   Baths: 2
Living Area: 1,112 SF

View: City,Marina/Canal,Ocean
Parking: Covered - 2,Garage
Amenities: BBQ,Exercise Room,Fire Sprinkler,Meeting Room,Pool on Property,Sauna,Security Guard,Trash Chute,Walk
Days on Market: 237
(The Price of the property was lowered by $15,000 on 09/08/2025)
Year Built: 2008
Zoning: X2 - Apartment Precinct
Land Recorded: Dual Systems
Property Taxes: $598
Assessed Value: $1,278,000
Assessed Ratio: 89.2%
Listing Courtesy: Coldwell Banker Realty
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All Units For Sale in The Watermark


Discover luxurious island living in this exceptional Waikiki Residence. The inviting lobby sets the tone, while the gym overlooks a lagoon-style infinity pool and lush gardens. This 2-bedroom, 2 bath home features 2 garage parking stalls, a spacious 1,112 sq ft interior, and 76 sq ft lanai. The gourmet kitchen boasts granite countertops and Viking appliances. Bedrooms are thoughtfully separated for privacy. Enjoy top-tier amenities, including a relaxing sauna, walking path, water features, BBQ area, concierge services, and 24-hour security across four acres of land. Conveniently located near Waikiki Beach, Ala Moana Beach, Ala Moana Shopping Center, and fine dining, this property is an exceptional investment opportunity. The seller, as a second-home owner, did not use it much.


4 Comparable Units Sold in The Watermark (Last 12 months)
Description List Date Sold Date List Price Sold Price
2 Bed 2 Bath05/01/202506/17/2025$1,250,000$1,250,000
2 Bed 2 Bath07/23/202511/26/2025$1,255,000$1,225,000
2 Bed 2 Bath08/17/202401/08/2025$1,299,000$1,230,000
2 Bed 2 Bath08/09/202510/20/2025$1,395,000$1,350,000
Average Price:  $1,263,750

 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
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use and may not be used for any purpose other than to identify prospective
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Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.
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