Built in 1984, 80 Units on 11 Floors, 1 - 3BR, Pets: OK (verify).
Amenities include Heated Pool, Whirlpool, Wine Cellar, Recreation Deck, BBQ, Meeting Room, Exercise Room.
The Punahou Cliffs has an amazing, and telling, 95% Owner Occupied rate!
About Punahou Cliffs
Punahou Cliffs condos are known for having a luxury feel, yet the pricing is still mid-level for Honolulu. It's a place where you can get more for your money, something that gets harder and harder in the always heated Oahu real estate market.
The list of positives starts at the location. Your home is right in the picturesque neighborhood of Makiki, next to Punahou School and mauka of the highway, where the urbanization takes a welcome downturn. Makiki Park's open green fields are just a block away, ready for a stroll.
The grounds surrounding your building are very well-maintained, filled with gardens and trees that provide soothing scenery, but also insulate your residence from the outside traffic and noise. Laying by the pool, you feel truly removed from the world, surrounded by greenery and, yes, palm trees.
Head in and you're greeted by the sophisticated and elegant front doors and lobby that slow your step so you can enjoy them a little longer before stepping into the elevator. At home, the Punahou Cliffs condo where you hang your hat will have plenty of space awaiting your return.
1BRs include from 954 to 1,424 sq ft inside, while the 2BRs start at a huge 1,359 sq ft, topping off at 1,473. The largest units, the 3BRs, have an equally substantial 1,675 to 1,805 sq ft. Every unit also has a large lanai to take in the Koolau Mountains' green peaks and the iconic Diamond Head that looks out to our south.
With the luxury you get for mid-level price point, it's the smart money that buys at Punahou Cliffs before word gets out. If we were you, we'd be keeping an eye out for the next listing to come up, because it won't be on the market long.
The median price of condos sold in Punahou Cliffs year-to-date (2016) is $892K. In previous years it was $565K (2015), $705K (2014), $880K (2013), $651K (2012), $665K (2010), $665K (2009), $741K (2007), $695K (2006), $715K (2005), $560K (2004), $447K (2003).
4 condos have sold in Punahou Cliffs year-to-date (2016). In previous years, the total number of condos sold were 1 (2015), 2 (2014), 1 (2013), 2 (2012), 3 (2010), 3 (2009), 2 (2007), 5 (2006), 3 (2005), 3 (2004), 4 (2003).
On average Punahou Cliffs condos were on the market for 97 days before they were sold (2016). In previous years it was 36 days (2015), 68 days (2014), 9 days (2013), 16 days (2012), 76 days (2010), 95 days (2009), 83 days (2007), 90 days (2006), 48 days (2005), 25 days (2004), 92 days (2003).
The total dollar volume sold in Punahou Cliffs year-to-date has been $3.58M(2016). In previous years sold dollar volume was $565K (2015), $1.41M (2014), $880K (2013), $1.3M (2012), $1.96M (2010), $2.01M (2009), $1.48M (2007), $3.17M (2006), $2.13M (2005), $1.65M (2004), $1.99M (2003).
The most recent sale in Punahou Cliffs was a condo located at #504 , sold for $750K on Oct 17, 2016. It had 1391sf of interior. 9 other recent sales include: #407 (1,367sf) sold for $745K on 8/8/2016. # (1,675sf) sold for $1.03M on 7/8/2016. #PH6 (1,840sf) sold for $1.05M on 4/5/2016. #501 (967sf) sold for $565K on 11/19/2015. #507 (1,367sf) sold for $722K on 3/12/2014. #304 (1,391sf) sold for $689K on 1/24/2014. #506 (1,675sf) sold for $880K on 9/10/2013. #607 (1,438sf) sold for $663K on 11/23/2012. #505 (1,361sf) sold for $640K on 6/26/2012.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2016. Information is deemed reliable but not guaranteed.