Hawaii Living

Discovery Bay #1307 (Waikiki)

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  • Sold 4/5/24 at $300,000
    (List Price: $309,000)
  • Beds: 1
  • Baths: 1
  • Living: 683 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 406 / month
  • Fee Purchase: $129,816
  • Balcony: 86 ft²
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $917 / month
  • Property Taxes: $93 / month ?
  • Est. Mortgage: $1,522 / mo - adjust loan
  • Time Listed for Sale: 31 days
  • Status: Sold
  • Buy without visiting ?
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1778 Ala Moana Blvd #1307, Honolulu

Description
Incredible location, value, security, and opportunity awaits! Discovery Bay is ideally situated at the beginning of Waikiki and is in close proximity to iconic beaches, parks, shopping, dining, Ala Moana SC, Ala Wai Harbor, Waikiki, and much more. Safety is assured with secured bldg entry, security guards, security cameras, and resident manager. #1307 is located in the Endeavor Tower and features 1 bedroom, 1 bathroom, upgraded bamboo flooring, upgraded kitchen, popcorn ceiling removal, washer/dryer, private lanai, and 1 assigned parking stall. Resort style amenities include a pool, jacuzzi, sauna, gym, bbq area, sun tanning area, and restaurants. The AOAO now owns 96.893% of the fee simple interest, which means that unit owners can now purchase the 96.893% fee from the AOAO and convert their units to a 96.893% fee simple property (contract fee deadline is 5/31/24, to ensure closing by 7/30/25). Owners who purchase the 96.893% fee will also eventually be able to purchase the remaining 3.107% and convert their property to 100% fee simple. Opportunity awaits, add tremendous value by converting the unit to fee simple!All interior picture have been digitally edited to remove furniture.
Past Activity
  • Apr 05, 2024 Sold for $300,000
  • Feb 26, 2024 Under Contract
  • Feb 22, 2024 Price $309,000
  • Jan 26, 2024 Listed at $325,000
  • Jan 31, 2022 Sold for $238,000
  • Nov 29, 2021 Under Contract
  • Sep 11, 2021 Listed at $249,900
  • Oct 24, 2016 Off Market
  • Oct 20, 2016 Off Market
  • Aug 12, 2016 Listed at $229,900
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.34
  • Price / ft²: $439
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2011
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain, Other
  • Furnished: None
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Condo Association Pool, Exercise Room, Patio/Deck, Recreation Area, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-47
  • Tax Assessed Land: $13,200
  • Tax Assessed Improvements: $546,800
  • Tax Assessed Total: $560,000
  • Courtesy: SC Realty, LLC / (808) 591-6277
  • MLS: 202401456
Good to Know
  • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
  • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
  • The homeowners' association has purchased a 62% interest in the Fee.

Updates
The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOA  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$290,000
Discovery Bay #1517
1 Bd | 1 Ba
683 ft²
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Leasehold
$329,000
Discovery Bay #1217
1 Bd | 1 Ba
769 ft²
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Leasehold
$285,000
Discovery Bay #2918
1 Bd | 1 Ba
683 ft²
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Leasehold
$279,000
Discovery Bay #1015
Studio | 1 Ba
464 ft²
Other Waikiki Condos
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$310,000
Aloha Lani #2405
1 Bd | 1 Ba
413 ft²
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$319,000
Ala Wailani #402
1 Bd | 1 Ba
535 ft²
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$325,000
Rosalei #609
1 Bd | 1 Ba
477 ft²
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$325,000
Boulevard Tower #303
1 Bd | 1 Ba
506 ft²
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$325,000
Waikiki Townhouse #1402
1 Bd | 1 Ba
590 ft²
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$335,000
Waikiki Park Heights #503
1 Bd | 1 Ba
488 ft²
  • Sold 4/5/24 at $300,000
    (List Price: $309,000)
Description
Incredible location, value, security, and opportunity awaits! Discovery Bay is ideally situated at the beginning of Waikiki and is in close proximity to iconic beaches, parks, shopping, dining, Ala Moana SC, Ala Wai Harbor, Waikiki, and much more. Safety is assured with secured bldg entry, security guards, security cameras, and resident manager. #1307 is located in the Endeavor Tower and features 1 bedroom, 1 bathroom, upgraded bamboo flooring, upgraded kitchen, popcorn ceiling removal, washer/dryer, private lanai, and 1 assigned parking stall. Resort style amenities include a pool, jacuzzi, sauna, gym, bbq area, sun tanning area, and restaurants. The AOAO now owns 96.893% of the fee simple interest, which means that unit owners can now purchase the 96.893% fee from the AOAO and convert their units to a 96.893% fee simple property (contract fee deadline is 5/31/24, to ensure closing by 7/30/25). Owners who purchase the 96.893% fee will also eventually be able to purchase the remaining 3.107% and convert their property to 100% fee simple. Opportunity awaits, add tremendous value by converting the unit to fee simple!All interior picture have been digitally edited to remove furniture.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
    • Apr 05, 2024 Sold for $300,000
    • Feb 26, 2024 Under Contract
    • Feb 22, 2024 Price $309,000
    • Jan 26, 2024 Listed at $325,000
    • Jan 31, 2022 Sold for $238,000
    • Nov 29, 2021 Under Contract
    • Sep 11, 2021 Listed at $249,900
    • Oct 24, 2016 Off Market
    • Oct 20, 2016 Off Market
    • Aug 12, 2016 Listed at $229,900
    • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
    • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
    • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
    • The homeowners' association has purchased a 62% interest in the Fee.

    Updates
    The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOA  .....
    Read more.


    Other Discovery Bay Listings
    • Photo
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    Leasehold
    $290,000
    Discovery Bay #1517
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $329,000
    Discovery Bay #1217
    1 Bd | 1 Ba
    769 ft²
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    Leasehold
    $285,000
    Discovery Bay #2918
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $279,000
    Discovery Bay #1015
    Studio | 1 Ba
    464 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Leasehold Expiry: 12/31/39
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.