Hawaii Living

Discovery Bay #1607 (Waikiki)

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  • Sold 9/27/24 at $315,000
    (List Price: $320,000)
  • 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: $164 / month ?
  • Est. Mortgage: $1,618 / mo - adjust loan
  • Time Listed for Sale: 132 days
  • Status: Sold
  • Buy without visiting ?
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1778 Ala Moana Blvd #1607, Honolulu

Description
You will love living in this beautiful large fully furnished 1 bedroom condominium, located on the 16th floor of the prestigious Discovery Bay. This unit had a full remodel in 2016 and has everything you will need, including Central A/C, Washer/Dryer, Furniture, Bedding, Towels, and Kitchenware. Building amenities include a wonderful management, refreshing swimming pool, relaxing Jacuzzi, a Bar-B-Q area, and fitness rooms. The large sun deck has beautiful ocean and marina views and is a great place to work on that tan. SECURITY FEATURES INCLUDE INTERCOM, LOCKED LOBBY, PRIVATE GUARDS, AND VIDEO MONITORING. Discovery Bay is located on the less congested, and popular west end of Waikiki where it is within easy walking distance to Ala Moana Shopping Center, Ala Moana Beach Park, Hilton Hawaiian Village, popular restaurants, and Waikiki beaches. Includes 1 assigned parking space in the parking garage. This unit is currently leasehold, but you are now eligible to purchase 96.893% of the fee for $129,816 (+ closing costs). If you crunch the numbers, you will find this an exceptional value for this area of Waikiki. Being sold fully furnished and "AS IS".
Past Activity
  • Sep 27, 2024 Sold for $315,000
  • Aug 02, 2024 Under Contract
  • Mar 23, 2024 Listed at $320,000
  • Jan 20, 2017 Sold for $208,800
  • Dec 30, 2016 Under Contract
  • Dec 19, 2016 Price $220,000
  • Jul 04, 2016 Price $233,000
  • Jun 23, 2016 Listed at $246,000
  • Jun 23, 2016 Off Market
  • Apr 29, 2016 Price $246,000
  • Jul 27, 2015 Price $253,000
  • Jun 16, 2015 Listed at $276,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.34
  • Price / ft²: $461
  • 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: 2016
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain, Other, Sunrise
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Exercise Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-77
  • Tax Assessed Land: $13,200
  • Tax Assessed Improvements: $548,900
  • Tax Assessed Total: $562,100
  • Courtesy: John Keoni Welch / (808) 226-1728
  • MLS: 202406914
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 November 21, 2024.Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$328,000
Discovery Bay #1003
1 Bd | 1 Ba
683 ft²
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Leasehold
$310,000
Discovery Bay #1517
1 Bd | 1 Ba
683 ft²
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Leasehold
$305,000
Discovery Bay #2918
1 Bd | 1 Ba
683 ft²
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Leasehold
$295,000
Discovery Bay #3308
1 Bd | 1 Ba
683 ft²
Other Waikiki Condos
  • Sold 9/27/24 at $315,000
    (List Price: $320,000)
Description
You will love living in this beautiful large fully furnished 1 bedroom condominium, located on the 16th floor of the prestigious Discovery Bay. This unit had a full remodel in 2016 and has everything you will need, including Central A/C, Washer/Dryer, Furniture, Bedding, Towels, and Kitchenware. Building amenities include a wonderful management, refreshing swimming pool, relaxing Jacuzzi, a Bar-B-Q area, and fitness rooms. The large sun deck has beautiful ocean and marina views and is a great place to work on that tan. SECURITY FEATURES INCLUDE INTERCOM, LOCKED LOBBY, PRIVATE GUARDS, AND VIDEO MONITORING. Discovery Bay is located on the less congested, and popular west end of Waikiki where it is within easy walking distance to Ala Moana Shopping Center, Ala Moana Beach Park, Hilton Hawaiian Village, popular restaurants, and Waikiki beaches. Includes 1 assigned parking space in the parking garage. This unit is currently leasehold, but you are now eligible to purchase 96.893% of the fee for $129,816 (+ closing costs). If you crunch the numbers, you will find this an exceptional value for this area of Waikiki. Being sold fully furnished and "AS IS".
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Sep 27, 2024 Sold for $315,000
    • Aug 02, 2024 Under Contract
    • Mar 23, 2024 Listed at $320,000
    • Jan 20, 2017 Sold for $208,800
    • Dec 30, 2016 Under Contract
    • Dec 19, 2016 Price $220,000
    • Jul 04, 2016 Price $233,000
    • Jun 23, 2016 Listed at $246,000
    • Jun 23, 2016 Off Market
    • Apr 29, 2016 Price $246,000
    • Jul 27, 2015 Price $253,000
    • Jun 16, 2015 Listed at $276,000
    • 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
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    Leasehold
    $328,000
    Discovery Bay #1003
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $310,000
    Discovery Bay #1517
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $305,000
    Discovery Bay #2918
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $295,000
    Discovery Bay #3308
    1 Bd | 1 Ba
    683 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.