The Ala Wai Cove is a home for Honolulu condo shoppers seeking a place close to everything, but guaranteed to provide a slower pace and quieter times. The building rises right where University ends its makai run, a site that gives it distinct advantages.
Across the street is Ala Wai Community Park and Ala Wai Elementary, two extremely low-rise entities that will stay that way, so your view of the canal and Waikiki is permanent. They also promise low noise levels to add to the positives of living here.
Traffic levels are very low here, even though you're just off busy Kapiolani Blvd. The only exceptions being the pickup & dropoff times for nearby Iolani School.
The units themselves come in a layouts of Studio/1BA (402 or 414 sq ft), 1BR/1BA (551 – 605 sq ft) and 2BR/1BA (696 – 811 sq ft). Your lanai outside measures 55 to 253 sq ft, bringing views of the Ala Wai Canal, the Koolau Mountains and the city lights around you. The one exception being the lanai-less 08 stack.
It's an easy drive up the street to H1 and just a few minutes more to UH and the rest of Manoa. Turn left on Kapiolani and you can be at Ala Moana Center or the burgeoning leisure choices of Kakaako.
Pet owners – don't miss this! Unlike most Honolulu condos, you can have 2 pets here (verify) – and currently there's not size limit on dogs (verify). A rare opportunity for an affordable eternal view and a place that welcomes pet parents so openly.
The price range of condos for sale in Ala Wai Cove is $315K to $409K with a median price of $399K and median interior of 696sf.
The median price of condos sold in Ala Wai Cove year-to-date (2016) is $316K. In previous years it was $341K (2015), $355K (2014), $367K (2013), $197K (2012), $244K (2011), $277K (2010), $299K (2008), $263K (2006), $220K (2005), $225K (2004).
2 condos have sold in Ala Wai Cove year-to-date (2016). In previous years, the total number of condos sold were 2 (2015), 2 (2014), 2 (2013), 2 (2012), 4 (2011), 4 (2010), 1 (2008), 4 (2006), 3 (2005), 4 (2004).
On average Ala Wai Cove condos were on the market for 162 days before they were sold (2016). In previous years it was 92 days (2015), 103 days (2014), 107 days (2013), 10 days (2012), 77 days (2011), 43 days (2010), 106 days (2008), 64 days (2006), 41 days (2005), 38 days (2004).
The total dollar volume of condos currently for sale in Ala Wai Cove is $1.12M and the sold dollar volume year-to-date (2016) is $632K. In previous years sold dollar volume was $683K (2015), $710K (2014), $735K (2013), $394K (2012), $1.03M (2011), $1.13M (2010), $299K (2008), $1.13M (2006), $733K (2005), $899K (2004).
The most recent sale in Ala Wai Cove was a condo located at #1008 , sold for $315K on Jul 29, 2016. It had 551sf of interior. 9 other recent sales include: # (551sf) sold for $317K on 4/8/2016. #407 (414sf) sold for $223K on 10/5/2015. #105 (811sf) sold for $460K on 4/29/2015. #703 (696sf) sold for $370K on 8/13/2014. #503 (696sf) sold for $340K on 3/10/2014. #1005-Penthouse (551sf) sold for $297K on 12/4/2013. #105 (811sf) sold for $438K on 9/26/2013. #1007 (414sf) sold for $209K on 4/20/2012. #407 (414sf) sold for $185K on 2/29/2012.
In Ala Wai Cove there is currently 3 fee simple units for sale. 2 have Diamond Head views and 1 has mountain views.
There are 1 x 1 bedroom floor plan and 2 x 2 bedroom floor plans.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 11, 2016. Information is deemed reliable but not guaranteed.