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Current Listings for Sale: 18
Price Range: $228,000 - $599,000
Maintenance Fee Range: $475 - $868
Owner Occupancy: 10%
Year Built: 1979
Stories: 43
Elevators: 5
Guest Parking: Yes
# of Units: 740
Tenure: Mix
FHA Approved: No (search)
Nearest Future Rail Station: Ala Moana Center
Zoned Legal Vacation Rental?: Yes - Restrictions may apply. (search)
Pet Friendly?: No
Style: Hi-Rise
Elementary School: Waikiki
Middle School: Washington
High School: Mckinley
Whirlpool
Trash Chute
Security Guard
Sauna
Pool on Property
Recreation Area
BBQ
Community Laundry
Exercise Room
Patio/Deck
Recreation Room
Built in 1979, the Island Colony building currently has 18 units for sale, ranging in price from $228,000 - $599,000. Located in the Waikiki neighborhood, there have been 6 sales in the last 60 days, with a median sold price of $380,000.
These units sold in 40 days on average. Building amenities include whirlpool, trash chute, security guard, sauna, pool on property, recreation area, bbq, community laundry, exercise room, patio/deck, recreation room.
Unit Type | # of units |
---|---|
Studio | 14 |
1 bedroom | 4 |
2 bedroom | 0 |
3 bedroom | 0 |
Island Colony is a very well-known condotel (both a condo and hotel) in Waikiki, due to its location and price point. Of its 700+ units, about 150 units are in the hotel pool; the remainder are either owner-occupied, rented or used as vacation rentals. Owners who self-manage can only do rentals of 30 days or longer. About 96 of the rooms are managed by Aqua, under the brand “Aqua Skyline.” The 44-story building has panoramic views of Waikiki's skyline, Diamond Head and the Pacific Ocean.
Located right in the middle of Waikiki, along the Ala Wai Canal, next to busy Ala Wai Blvd. These are Vacation rental/condotel units (Aqua-managed vacation rentals/Hawaiiana-managed property) with Studio and one-bedroom units. Island Colony is popular with investors.
In 2013 it was the 2nd most sold condo on Oahu, with 55 total sales.
Built in 1979, the Island Colony is a 44-story condotel located along the Ala Wai Canal, on the mauka (mountain) side of Waikiki. The majority of units are fee simple, but a handful of leasehold units remain (most with fee available for purchase).
Developed by Haseko Hawaii, a Japan-based real estate developer with a long history of projects in Hawaii. Haseko Hawaii completed its first project in Hawaii in 1973, and its portfolio incudes Ka Makana at Hoakalei, Ocean Pointe, the Courtyards at Punahou, Liliuokalani Gardens, Kona by the Sea, Pacific Monarch, 444 Nahua, in addition to other projects on the Big Island, Kauai, and Maui.
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