Built in 1974 with 25 Floors and 250 Units, Studio & 1BR Floor plans, Pets: Ok (verify).
Amenities include Pool, His/Her Saunas, BBQ Area, 24-Hour Security.
This is a firmly pet-friendly building with its own dog run for those shorter trips outside.
Update As of 2015 the Four Paddle changed their house rules to be a 100% smoke-free building, which means you cannot even smoke inside your own unit. This is one of just a few residential condo buildings in Honolulu that has changed their house rules to be 100% smoke-free.
About Four Paddle Waikiki The Four Paddle condos in Waikiki seems to be in a season of change recently. The common hallways and elevator cars were recently renovated, giving the building a nice new look to those important areas. Impressions and, by extension, values can be strongly impacted by those appearances, so it's a relief to say they did it very successfully. There's an even bigger change, though, just across the street.
A Ritz-Carlton is going up (2 wide towers - 1st tower was completed spring 2016 and the 2nd tower expected spring 2017) and these 2 towers will have a big impact on the Four Paddle, with all the units' ocean views completely, or close to completely, obstructed. Some of the owners made their objections known, in hopes the Ritz-Carlton design woild be altered to minimize the blockage, but they weren't in much luck.
Four Paddle condos are a little smaller, the studios running a little more than 500 sq ft, the 1BRs 676 sq ft. Due to that many like to buy these units as 2nd homes for themselves or as income-producing vacation rentals. The Four Paddle is well known and well reviewed online with travelers so there's no problem getting that business started up if you choose to do so.
That said, they still make a great Honolulu condo for singles or even couples to live in and enjoy the more active lifestyle of this area. Dining out, an after-work drink or a relaxing trip to the beach all can be done on foot when the mood strikes you. For many, that makes it all worth it.
The amenities are very good, too; 5th floor rooftop pool, a sauna each for men and women and central air-conditioning back at the homestead. Who knows – you might just find living here so much fun you never get around to renting it out.
The price range of condos for sale in Four Paddle is $425K to $519K with a median price of $447K and median interior of 553sf.
The median price of condos sold in Four Paddle year-to-date (Jan - Jun 26, 2017) is $421K. In previous years it was $440K (2016), $411K (2015), $390K (2014), $375K (2013), $350K (2012), $360K (2011), $362K (2010), $337K (2009), $380K (2008), $360K (2007), $359K (2006), $330K (2005), $270K (2004), $207K (2003).
4 condos have sold in Four Paddle year-to-date (Jan - Jun 26, 2017). In previous years, the total number of condos sold were 11 (2016), 12 (2015), 11 (2014), 13 (2013), 11 (2012), 9 (2011), 6 (2010), 15 (2009), 9 (2008), 16 (2007), 16 (2006), 23 (2005), 15 (2004), 12 (2003).
On average Four Paddle condos were on the market for 149 days before they were sold (Jan - Jun 26, 2017). In previous years it was 106 days (2016), 64 days (2015), 64 days (2014), 67 days (2013), 34 days (2012), 65 days (2011), 55 days (2010), 132 days (2009), 75 days (2008), 93 days (2007), 81 days (2006), 25 days (2005), 23 days (2004), 28 days (2003).
The average days on market for Four Paddle condos before sold was 207 days May 2017 compared to 53 days May 2016.
The ratio of Four Paddle condos sales price vs list price was 95.8% May 2017 compared to 101.9% May 2016.
2 Four Paddle condos were sold May 2017 compared to 1 condo sold May 2016.
The total dollar volume of condos currently for sale in Four Paddle is $2.29M and the sold dollar volume year-to-date (Jan - Jun 26, 2017) is $1.71M. In previous years sold dollar volume was $4.79M (2016), $4.94M (2015), $4.27M (2014), $4.8M (2013), $3.8M (2012), $3.15M (2011), $2.15M (2010), $4.94M (2009), $3.42M (2008), $5.84M (2007), $5.81M (2006), $7.49M (2005), $3.83M (2004), $2.55M (2003).
The most recent sale in Four Paddle was a condo located at #1003 , sold for $375K on May 26, 2017. It had 460sf of interior. 9 other recent sales include: #1303 (460sf) sold for $399K on 5/10/2017. #2511 (553sf) sold for $500K on 3/3/2017. #1803 (460sf) sold for $443K on 3/1/2017. #1306 (553sf) sold for $490K on 12/13/2016. # (553sf) sold for $390K on 7/29/2016. #1911 (553sf) sold for $448K on 6/30/2016. #2403 (460sf) sold for $460K on 6/22/2016. #1408 (600sf) sold for $480K on 6/17/2016. #704 (553sf) sold for $426K on 5/20/2016.
In Four Paddle there is currently 5 fee simple units for sale.