Hawaii Living

Discovery Bay #2414 (Waikiki)

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  • Asking Price: $710,000
  • Beds: 2
  • Baths: 2
  • Living: 1,131 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 19 / month
  • Fee Purchase: Not available
  • Built: 1976
  • Parking: 1
  • Maint. (HOA) Fees: $1,347 / month
  • Other Monthly Fee: $19 / month ?
  • Property Taxes: $176 / month ?
  • Est. Mortgage: $3,497 / mo - adjust loan
  • Time Listed for Sale: 132 days
  • Status: Active
  • Buy without visiting ?
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1778 Ala Moana Blvd #2414, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Michelle Wood (RA)
RS-69537
Hawaii Life
Phone: (800) 667-5028

We are expert real estate agents and have sold many condos in Discovery Bay. We would be happy to assist you too.
Description
This Oasis at Discovery Bay Price Reduced to Sell. Sellers have recently purchased 96.893% of the land lease for over $190,000, land owners have agreed to sell the 3.107% before end of lease by 2039 at fair market value. Likely before end of lease, 2039. This is the 1st "Fee Agreed" 2 bd, 2 ba available in Discovery Bay, offering the security & freedom of owning the land outright. Just 1 block from Waikiki Beach, w/Ocean & Mountain views. Close to Ala Moana, the heart of Waikiki & Kaka'ako. Upgraded sliding doors allow you to create an enclosed or open lanai, perfect for enjoying the Hawaiian weather. Modern Touches: Smooth ceilings, partially remodeled w/ updated flooring, paint, appliances & Corian countertops in the kitchen & baths. Relax, entertain & play w/Resort-Style Amenities: Heated pool, BBQ area, exercise rooms, saunas, recreation area & whirlpool. Secure Building: Resident manager, professional management team, security guard, secured lobby, and elevator. Perfect for: Anyone seeking a great location in Waikiki. Those who desire a well-maintained & relaxing place to call home in Hawaii. This condo offers the ideal blend of location, comfort, and amenities.
Recent Activity
  • Dec 05, 2024 Price $710,000
  • Oct 24, 2024 Price $730,000
  • Sep 20, 2024 Price $745,000
  • Sep 07, 2024 Back to Active
  • Sep 05, 2024 Under Contract
  • Aug 09, 2024 Listed at $760,000
Past Sales
  • #2008: 1 Bd | 1 Ba @ $299K (11/7/24)
  • #2110: Studio | 1 Ba @ $315K (11/1/24)
  • #3602: 1 Bd | 1 Ba @ $390K (10/4/24)
  • #2801: 2 Bds | 2 Ba @ $620K (10/3/24)
  • #1607: 1 Bd | 1 Ba @ $315K (9/27/24)
  • #3913: 1 Bd | 1 Ba @ $420K (9/17/24)
  • #3320: Studio | 1 Ba @ $320K (8/20/24)
  • #3908: 1 Bd | 1 Ba @ $320K (8/9/24)
  • #3513: 1 Bd | 1 Ba @ $375K (7/26/24)
  • #1620: Studio | 1 Ba @ $218K (7/16/24)
  • #3213: 1 Bd | 1 Ba @ $375K (6/27/24)
  • #2405: Studio | 1 Ba @ $255K (5/22/24)
  • #1912: 1 Bd | 1 Ba @ $299K (5/21/24)
  • #1113: 1 Bd | 1 Ba @ $325K (5/17/24)
  • #2004: 2 Bds | 2 Ba @ $580K (5/15/24)
  • #2318: 1 Bd | 1 Ba @ $300K (5/15/24)
  • #2509: 1 Bd | 1 Ba @ $372K (5/15/24)
  • #1307: 1 Bd | 1 Ba @ $300K (4/5/24)
  • #2618: 1 Bd | 1 Ba @ $380K (3/28/24)
  • #1417: 1 Bd | 1 Ba @ $345K (3/11/24)
  • #2409: 1 Bd | 1 Ba @ $425K (2/28/24)
  • #1303: 1 Bd | 1 Ba @ $315K (1/19/24)
  • #3808: 1 Bd | 1 Ba @ $328K (1/16/24)
  • #906: 1 Bd | 1 Ba @ $360K (12/29/23)
  • #2215: Studio | 1 Ba @ $255K (12/22/23)
  • #1001: 1 Bd | 1 Ba @ $395K (12/15/23)
  • #3408: 1 Bd | 1 Ba @ $300K (12/12/23)
  • #3515: Studio | 1 Ba @ $260K (11/27/23)
  • #2718: 1 Bd | 1 Ba @ $320K (11/27/23)
  • #4006: 1 Bd | 1 Ba @ $389K (11/21/23)
  • #1611: 2 Bds | 2 Ba @ $600K (10/17/23)
  • #1707: 1 Bd | 1 Ba @ $340K (10/4/23)
  • #1115: Studio | 1 Ba @ $220K (9/28/23)
  • #1613: 1 Bd | 1 Ba @ $355K (9/27/23)
  • #3418: 1 Bd | 1 Ba @ $370K (9/18/23)
  • #2612: 1 Bd | 1 Ba @ $358K (9/12/23)
  • #1002: 1 Bd | 1 Ba @ $383K (9/11/23)
  • #1310: Studio | 1 Ba @ $230K (9/6/23)
  • #1508: 1 Bd | 1 Ba @ $350K (8/22/23)
  • #1320: Studio | 1 Ba @ $220K (8/14/23)
  • #3018: 1 Bd | 1 Ba @ $350K (7/26/23)
  • #2906: 1 Bd | 1 Ba @ $423K (7/20/23)
  • #1916: 1 Bd | 1 Ba @ $282K (7/10/23)
  • #3803: 1 Bd | 1 Ba @ $455K (6/30/23)
  • #1013: 1 Bd | 1 Ba @ $310K (6/28/23)
  • #2614: 2 Bds | 2 Ba @ $522K (6/26/23)
  • #1917: 1 Bd | 1 Ba @ $326K (6/23/23)
  • #1318: 1 Bd | 1 Ba @ $295K (6/22/23)
  • #1401: 2 Bds | 2 Ba @ $561K (6/16/23)
  • #2508: 1 Bd | 1 Ba @ $220K (6/1/23)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.21
  • Price / ft²: $628
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Sewer, Water
  • Year Remodeled: 2008
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain, Ocean, Sunrise, Sunset
  • Furnished: Partial
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana Management
  • Security Features: Key, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Exercise Room, Heated Pool, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-486
  • Tax Assessed Land: $19,300
  • Tax Assessed Improvements: $823,500
  • Tax Assessed Total: $842,800
  • Courtesy: Hawaii Life / (800) 370-3848
  • MLS: 202415694
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
$580,000
Discovery Bay #1414
2 Bds | 2 Ba
1,131 ft²
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$568,000
Discovery Bay #2518
1 Bd | 1 Ba
683 ft²
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Leasehold
$455,000
Discovery Bay #4003
1 Bd | 1 Ba
683 ft²
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Leasehold
$400,000
Discovery Bay #3212
1 Bd | 1 Ba
683 ft²
Other Waikiki Condos
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$715,000
Waipuna #405
2 Bds | 2 Ba
1,119 ft²
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$695,000
Canterbury Pl #18B
2 Bds | 2 Ba
1,096 ft²
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$728,000
Cove Waikiki #A408
2 Bds | 2 Ba
837 ft²
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$738,000
Aloha Towers #701
2 Bds | 2 Ba
1,171 ft²
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$739,800
Lanikea At Waikiki #603
2 Bds | 2 Ba
1,023 ft²
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$675,000
Liliuokalani Plaza #1004
2 Bds | 2 Ba
1,040 ft²
  • Asking Price: $710,000
Description
This Oasis at Discovery Bay Price Reduced to Sell. Sellers have recently purchased 96.893% of the land lease for over $190,000, land owners have agreed to sell the 3.107% before end of lease by 2039 at fair market value. Likely before end of lease, 2039. This is the 1st "Fee Agreed" 2 bd, 2 ba available in Discovery Bay, offering the security & freedom of owning the land outright. Just 1 block from Waikiki Beach, w/Ocean & Mountain views. Close to Ala Moana, the heart of Waikiki & Kaka'ako. Upgraded sliding doors allow you to create an enclosed or open lanai, perfect for enjoying the Hawaiian weather. Modern Touches: Smooth ceilings, partially remodeled w/ updated flooring, paint, appliances & Corian countertops in the kitchen & baths. Relax, entertain & play w/Resort-Style Amenities: Heated pool, BBQ area, exercise rooms, saunas, recreation area & whirlpool. Secure Building: Resident manager, professional management team, security guard, secured lobby, and elevator. Perfect for: Anyone seeking a great location in Waikiki. Those who desire a well-maintained & relaxing place to call home in Hawaii. This condo offers the ideal blend of location, comfort, and amenities.
    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.
    • Dec 05, 2024 Price $710,000
    • Oct 24, 2024 Price $730,000
    • Sep 20, 2024 Price $745,000
    • Sep 07, 2024 Back to Active
    • Sep 05, 2024 Under Contract
    • Aug 09, 2024 Listed at $760,000
    • 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
    $580,000
    Discovery Bay #1414
    2 Bds | 2 Ba
    1,131 ft²
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    $568,000
    Discovery Bay #2518
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $455,000
    Discovery Bay #4003
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $400,000
    Discovery Bay #3212
    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.