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The Watermark condo # 401, Honolulu, Hawaii - photo 1 of 14
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1551 Ala Wai Blvd unit 401, Honolulu, HI, 96815
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The Watermark unit 401, Waikiki condo

$1,180,000 Condo for sale 2 beds 1,196 sqft Neighborhood:  Waikiki
5 min walk to Ala Wai Promenade
12 min walk to Duke Paoa Kahanamoku Beach Park
7 min drive to Ala Wai Golf Course
5 min drive to The Wall
10 min walk to Rockpiles
About lifestyles
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. Gourmet kitchen is equipped with top of the line appliances, cabinets and granite counter tops. Well planned layout provides both convenience and privacy. This unit offers newly installed flooring. 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.
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Condo details

1,196 sqft interior area
  • Condo building The Watermark
  • Year Built 2008
  • Year Remodeled 2025
  • Days on market 24
  • Price per sqft $987/sqft
  • Beds 2
  • Maintenance fees $1,972
  • Total Monthly fees $1,972
  • Address

    1551 Ala Wai Blvd unit 401, Honolulu, HI, 96815

  • Total area 1,196 sqft
  • Interior area 1,196 sqft
  • nr.of parking places 2
  • Floor Number 4
  • Inclusions AC Central, Auto Garage Door Opener, Blinds, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
  • Neighborhood Waikiki
  • City of Oahu Honolulu
  • Floors Ceramic Tile, Laminate
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • View Marina/Canal

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$6,017
Taxes
$539
HOA dues
$1,972
$8,528 per month
Mortgage
Down payment
$236,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $6,017 / month

Neighborhood: Waikiki

Oahu
Honolulu
Waikiki
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
14.67 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index

Building: The Watermark

Above Ground, Concrete, Masonry/Stucco construction

The Watermark condo Waikiki – Honolulu The Watermark Waikiki condo sits right next to the Ala Wai Canal in Honolulu and across from the Hawaii Convention Center. This luxury building overlooks the Waikiki Yacht Club and Ala Wai out to Read more

Property type
High-Rise 7+ Stories
Construction
Above Ground, Concrete, Masonry/Stucco

Building community amenities and features

Furnished
Partial
Property Condition
Above Average
Other Fee Includes
Cable TV,Other Common Expenses,Sewer,Water
Parking
Assigned, Covered - 2, Guest, Secured Entry, Street
Amenities
BBQ, Condo Association Pool, Doorman, Exercise Room, Fire Sprinkler, Heated Pool, Meeting Room, Patio/Deck, Recreation Area, Resident Manager, Sauna, Security Guard, Storage, Trash Chute, Whirlpool
Unit features
Bedroom on 1st Level, Central AC, Full Bath on 1st Floor, Odd# Unit, Single Level, Storage
View all 15 The Watermark condos for sale

Waikiki prices

Average price $825.84k
Neighborhood average sales price*
$825.84k
Neighborhood median sales price*
$847.5k
Number or sales*
76
Street median sales price*
$990k
*last 6 months

About Waikiki

Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more

Schools

15 schools with rating up to 8
School rating Distance
4
out of 10 		King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.48mi
8
out of 10 		President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.635mi
NR
 Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.933mi
School rating Distance
4
out of 10 		King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
 0.48mi
3
out of 10 		Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
 0.72mi
NR
 Iolani School
563 Kamoku St, Honolulu, HI 96826
 0.933mi
NR
 Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
 0.973mi
NR
 Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
 0.99mi
School rating Distance
8
out of 10 		President George Washington Middle School
1633 South King St, Honolulu, HI 96826
 0.635mi
NR
 Iolani School
563 Kamoku St, Honolulu, HI 96826
 0.933mi
NR
 Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
 0.973mi
NR
 Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
 0.99mi
NR
 Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
 0.998mi
School rating Distance
NR
 Iolani School
563 Kamoku St, Honolulu, HI 96826
 0.933mi
NR
 Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
 0.998mi
NR
 Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
 1.008mi
NR
 Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
 1.048mi
3
out of 10 		President William Mckinley High School
1039 South King St, Honolulu, HI 96814
 1.098mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Feb 14, 2011
Date Event Price $/sqft Source
Feb 14, 2011 Sold $830,000 -1.19% from last sold price $693.98 Public Record
Jan 14, 2011 Active Under Contract $840,000 $702.34 MLS #1014543
Dec 29, 2010 Price Decrease $840,000 -5.41% $702.34 MLS #1014543
Nov 12, 2010 New Listing $888,000 -2.82% $742.47 MLS #1014543
Feb 23, 2010 Cancelled $913,800 $764.05 MLS #2908704
Dec 21, 2009 Price Decrease $913,800 -3.79% $764.05 MLS #2908704
Nov 17, 2009 Price Decrease $949,800 -2.08% $794.15 MLS #2908704
Jun 26, 2009 New Listing $970,000 $811.04 MLS #2908704
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Tax & MLS details 1551 Ala Wai Blvd unit 401, Honolulu, HI, 96815

MLS #202511076
Current Property Taxes p/month
$539
Assessed Improvement value
$976,900
TMK
1-2-6-011-001-0014
Flood Zone
Zone AE
Total Assessed value
$1,217,000
Listed by
Diamond Head Realty
(808) 739-0739
MLS #
202511076
Hawaii House tour report for this condo
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Stunning views
Ocean views
Open floorplan
Needs Work
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Recently sold nearby 1551 Ala Wai Blvd unit 401 in Waikiki

SOLD 01/08/2025
$1,230,000
2 beds · 2 baths · 1,113 sqft
Condo sold for $1,230,000
The Watermark
1551 Ala Wai Blvd unit 1703
Honolulu, HI
SOLD 11/18/2024
$1,455,000
2 beds · 2 baths · 1,196 sqft
Condo sold for $1,455,000
The Watermark
1551 Ala Wai Blvd unit 2101
Honolulu, HI
SOLD 08/20/2024
$1,510,000
2 beds · 2 baths · 1,112 sqft
Condo sold for $1,510,000
The Watermark
1551 Ala Wai Blvd unit 3004
Honolulu, HI
SOLD 08/01/2024
$1,000,000
2 beds · 2 baths · 1,112 sqft
Condo sold for $1,000,000
The Watermark
1551 Ala Wai Blvd unit 704
Honolulu, HI
SOLD 07/23/2024
$1,350,000
2 beds · 2 baths · 1,112 sqft
Condo sold for $1,350,000
The Watermark
1551 Ala Wai Blvd unit 2802
Honolulu, HI
SOLD 06/26/2024
$1,300,000
2 beds · 2 baths · 1,113 sqft
Condo sold for $1,300,000
The Watermark
1551 Ala Wai Blvd unit 3503
Honolulu, HI

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Frequently asked questions for 1551 Ala Wai Blvd unit 401

What is 1551 Ala Wai Blvd unit 401?

1551 Ala Wai Blvd unit 401 is a condo in the The Watermark building located in Honolulu, HI. This is a 2 beds, condo in the Waikiki neighborhood. This apartment has 1196 sqft interior space with marina/canal views. Unit #401 is located on floor number 4 and the property condition is above average.

When was this condo built and last sold?

This house was build in 2008.

What is the full address of this condo?

1551 Ala Wai Blvd unit 401, Honolulu, HI, 96815.

Are there beaches near 1551 Ala Wai Blvd unit 401?

The nearest beach is 0.470 miles away, called Duke Paoa Kahanamoku Beach Park. It should take about 12 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Diamond Head Realty. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on May 05, 2025.
Hawaii House Last checked 1 minute ago.

1551 Ala Wai Blvd unit 401 is a condo in the The Watermark building located in Honolulu, HI. This is a 2 bed, condo in the Waikiki neighborhood. This apartment has 1196 sqft interior space with  Marina/Canal views. Unit #401 is located on floor number 4 and the property condition is above average. The neighborhood is Waikiki and the full address is 1551 Ala Wai Blvd unit 401, Honolulu, HI, 96815.

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Condo for sale $1,180,000 1551 Ala Wai Blvd unit 401, Honolulu, HI, 96815 2 beds | 1,196 sqft Save House Remove from Saved