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MLS: 202511076 (Active - For Sale)Condo: The Watermark #401
 
Asking Price: $1,180,000 FS - Fee Simple
Type: Condominium
District: Metro
Address: 1551 Ala Wai Boulevard, Honolulu, HI
Maintenance Fee: 1972.00
Neighborhood: Waikiki
Beds: 2   Baths: 2
Living Area: 1,196 SF

View: Marina/Canal
Parking: Assigned,Covered - 2,Guest,Sec
Amenities: BBQ,Condo Association Pool,Doorman,Exercise Room,Fire Sprinkler,Heated Pool,Meeting Room,Patio/Deck,
Days on Market: 235
Year Built: 2008
Zoning: X2 - Apartment Precinct
Land Recorded: Regular System
Property Taxes: $539
Assessed Value: $1,217,000
Assessed Ratio: 96.96%
Listing Courtesy: Diamond Head Realty
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All Units For Sale in The Watermark


Watermark is one of the premiere condominium buildings in Waikiki! Preferred rarely available "01" corner unit on the lower floor with eye-level view of the boat harbor, ocean and common area of landscaped tropical garden. Additional windows in the kitchen, dining area and main bedroom for extra comfort. Conveniently located to many of the shopping and eating establishments in Waikiki, as well as Ala Moana Shopping Center and Ala Moana Beach Park. This unit offers newly installed flooring, new paint & new refrigerator. Unit taken off the market (Aug 14 - Nov 24, 2025) for renovation. Well planned layout provides both convenience and privacy. Building amenities include heated swimming pool & spa, gym, meeting room, sauna, BBQ area, beautiful garden area with walking path. Two reserved covered parking stalls & storage locker. Concierge desk and 24 hour security.

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
101454311/12/201002/14/2011$840,000$830,000

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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