Built in 2007, 720 Units on 48 Floors, 1 to 4BR Floor plans, Pets: Ok (verify).
Amenities include Pool, Jacuzzi, Putting Green & Driving Range, Tennis Courts, Fitness, BBQ Area, Movie Theaters and more.
Developed by Hawaii based KC Rainbow Development Co. Built on ~ 4.57 acres of land.
Jan 2016: Recent litigation with the developer has finally been settled in full with a $250K win for the Moana Pacific association. Conventional Fannie Mae / Freddie Mac financing is again readily available with low cash down payment, mortgage insurance or 2nd mortgage (verify).
Dec 2015: Lobby & hallways renovation completed.
Good to Know About Moana Pacific
Moana Pacific consists of 2 towers - east & west - and the amenities deck shared among the towers is the largest in Honolulu.
The towers are very popular because of the condos relatively reasonable price tag - compared with nearby newer condos - great location and, in many cases, nice ocean views.
Buyers looking for a condo with ocean views, close proximity to Ala Moana and a price tag below $1M, the condos at Moana Pacific may be worthwhile exploring. “03” - “08” stacks face the ocean, whereas “01”, “02” and “09” are mountain facing units.
Moana Pacific Floor Plans
Residents occupy floors 6 through 48 and the floor plans are identical for the East & West Tower.
Moana Pacific Condos Floors 8 - 12 & 15 - 45
Moana Pacific does not have a 13th or 14th floor. Each of the others floors have 9 units each - 6 facing the ocean and 3 facing the mountain. “03” & “08”: 1,206sqf, 3BR identical corner units with lots of natural light and bedrooms on mountain side. “04” & “07”: 1,113sqf, 2BR + Den identical units located next to the 3BR units, with all rooms facing ocean. “05” & “06”: 1,105sqf, 2BR + Den centrally positioned units with all units facing ocean “02” & “09”: 923sqf, 2BR identical units with all rooms facing mountain - smallest 2BR configurations. “01”: 701sqf, Only 1BR unit per floor, facing mountain.
Floors 6 & 7
Same layout as standard floor plans, with a few units missing, due to amenities taking up some of the space on the 6th floor and on the 7th floor there is an open space to fitness center below.
Moana Pacific Condos Floors 46 - 47 "03": 2,310sqf, “03” & “04” units “05”: 2,208sqf, "05" & “06” units combined.
Other units are same size and layout, as standard floor plans.
Moana Pacific Penthouse Floor Plans (48)
The 48F is made up of just 3 units: “PH-1” & “PH-1R”: 3,573sqf. PH-1 takes up entire east wing of the floor with all 3 bedrooms on mountain side and PH-1R is the mirror image on the west wing of the floor. “PH-2”: 3,481sqf. 4BR penthouse with all rooms facing ocean, located in central part of building.
Both the East and West Tower in Moana Pacific has some preferable units. The East Tower offers better views from the “03” stack whereas the West Tower offers better views from the “08” stack. Some lower floor units facing ocean may be preferred in East Tower, set back from busy Kapiolani Blvd. Each unit comes with a lanai (balcony), but very small and insignificant.
Moana Pacific Condos - Trends & Statistics
The price range of condos for sale in Moana Pacific is $42K to $2.45M with a median price of $830K and median interior of 1,113sf.
The median price of condos sold in Moana Pacific year-to-date (2016) is $799K. In previous years it was $720K (2015), $693K (2014), $645K (2013), $631K (2012), $602K (2011), $598K (2010), $603K (2009), $685K (2008), $630K (2007).
41 condos have sold in Moana Pacific year-to-date (2016). In previous years, the total number of condos sold were 51 (2015), 42 (2014), 45 (2013), 44 (2012), 34 (2011), 38 (2010), 28 (2009), 53 (2008), 679 (2007).
On average Moana Pacific condos were on the market for 80 days before they were sold (2016). In previous years it was 104 days (2015), 81 days (2014), 56 days (2013), 63 days (2012), 34 days (2011), 87 days (2010), 65 days (2009), 75 days (2008), 8 days (2007).
The average days on market for Moana Pacific condos before sold was 55 days November 2016 compared to 79 days November 2015.
The ratio of Moana Pacific condos sales price vs list price was 99.7% November 2016 compared to 97.0% November 2015.
5 Moana Pacific condos were sold November 2016 compared to 4 condos sold November 2015.
The total dollar volume of condos currently for sale in Moana Pacific is $22.56M and the sold dollar volume year-to-date (2016) is $30.1M. In previous years sold dollar volume was $34.78M (2015), $27.87M (2014), $25.8M (2013), $27M (2012), $19.37M (2011), $21.42M (2010), $15.91M (2009), $38.31M (2008), $423.44M (2007).
The most recent sale in Moana Pacific was a condo located at #II 2305 , sold for $850K on Nov 23, 2016. It had 1105sf of interior. 9 other recent sales include: #I-2308 (1,206sf) sold for $825K on 11/22/2016. #S412 (145sf) sold for $40K on 11/21/2016. #2907 (1,113sf) sold for $805K on 11/18/2016. #II 4503 (1,206sf) sold for $1.1M on 11/2/2016. #I-2107 (1,113sf) sold for $768K on 10/28/2016. #1009 (923sf) sold for $689K on 10/26/2016. #3608 (1,206sf) sold for $815K on 10/18/2016. #3107 (1,113sf) sold for $825K on 10/7/2016. #I-802 (923sf) sold for $663K on 10/4/2016.
In Moana Pacific there is currently 25 fee simple units for sale. 20 of the condos have ocean views, 7 have Diamond Head views and 15 have mountain views.
There are 1 studio floor plan, 2 x 1 bedroom floor plans, 13 x 2 bedroom floor plans and 9 x 3 bedroom floor plans.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 03, 2016. Information is deemed reliable but not guaranteed.