Back to search
Share
Save
Saved
Contact Agent
Login Join
Share
Ala Wai Cove condo # 201, Honolulu, Hawaii - photo 2 of 18
Ala Wai Cove condo # 201, Honolulu, Hawaii - photo 3 of 18
Ala Wai Cove condo # 201, Honolulu, Hawaii - photo 4 of 18
Ala Wai Cove condo # 201, Honolulu, Hawaii - photo 5 of 18
Ala Wai Cove condo # 201, Honolulu, Hawaii - photo 6 of 18
view 18 images
509 University Ave unit 201, Honolulu, HI, 96826
Photos
About
Details
Open Houses
Monthly payment
Neighborhood
Building
Prices
Schools
Price history
Activity
Taxes
Tour report
Similar
Recently sold
Ask a question
Contact agent
Save
Saved
Map View

Ala Wai Cove unit 201, Kapiolani condo

$420,000 Condo for sale 2 beds 705 sqft Neighborhood:  Kapiolani
Own a piece of paradise at the Ala Wai Cove. This rare boutique condo is perfectly situated across the canal from Waikiki and down the street from the University of Hawaii, Iolani School, H-1 Freeway and much more. There’s a proposed upcoming Ala Wai bridge project that would provide you with ease to Waikiki and its beautiful beaches. This cozy low-floor two bedroom unit features 705 sqft of interior space, a spacious 93 sqft open lanai and the bonus option of being able to walk up some stairs to your unit from your deeded parking stall rather then taking the elevator. Step inside this corner unit to discover an open living space with abundant natural light that fills every room to showcase the contemporary finishes while blending island-inspired elegance and modern comforts. The large beautiful new kitchen, flooring, sliding glass door, window and split AC’s add extreme value to this already wonderfully designed unit. Attention to detail and pride in this renovated home is refreshing.
Read more

Condo details

705 sqft interior area
  • Condo building Ala Wai Cove
  • Year Built 1961
  • Year Remodeled 2023
  • Days on market 3
  • Price per sqft $596/sqft
  • Beds 2
  • Maintenance fees $1,359
  • Total Monthly fees $1,359
  • Address

    509 University Ave unit 201, Honolulu, HI, 96826

  • Total area 798 sqft
  • Interior area 705 sqft
  • nr.of parking places 1
  • Floor Number 2
  • Inclusions AC Split, Blinds, Ceiling Fan, Chandelier, Dishwasher, Disposal, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector
  • Neighborhood Kapiolani
  • Land area 28,009 sqft / 0.643 acres
  • City of Oahu Honolulu
  • Floors Ceramic Tile, W/W Carpet
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • View City, Diamond Head, Marina/Canal

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$2,142
Taxes
$90
HOA dues
$1,359
$3,591 per month
Mortgage
Down payment
$84,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $2,142 / month

Neighborhood: Kapiolani

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
13.5 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Building: Ala Wai Cove

Concrete, Double Wall, Hollow Tile construction
Property type
High-Rise 7+ Stories
Construction
Concrete, Double Wall, Hollow Tile

Building community amenities and features

Furnished
None
Property Condition
Excellent, Above Average
Other Fee Includes
Hot Water,Sewer,Water,None
Parking
Assigned, Open - 1, Street
Amenities
Community Laundry, Resident Manager, Storage
Unit features
Bedroom on 1st Level, Corner/End, Full Bath on 1st Floor, Single Level, Storage

Kapiolani prices

Average price $396.51k
Neighborhood average sales price*
$396.51k
Neighborhood median sales price*
$333k
Number or sales*
104
*last 6 months

Schools

15 schools in this area
School rating Distance
NR
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
Elementary School
0.049mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.22mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.22mi
School rating Distance
NR
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.049mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.22mi
NR
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.517mi
NR
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.587mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.748mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.22mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.539mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.748mi
NR
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.906mi
NR
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.911mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.22mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.539mi
NR
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.676mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.778mi
NR
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.906mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jan 10, 2018
Date Event Price $/sqft Source
Jan 10, 2018 Sold $381,000 -1.55% from last sold price $540.43 Public Record
Oct 9, 2017 Active Under Contract $387,000 $548.94 MLS #201720516
Sep 27, 2017 New Listing $387,000 +46.04% $548.94 MLS #201720516
Mar 13, 2006 Sold $265,000 -1.49% from last sold price $375.89 Public Record
Feb 6, 2006 Active Under Contract $269,000 $381.56 MLS #2515438
Jan 6, 2006 Back On Market $269,000 $381.56 MLS #2515438
Nov 21, 2005 Active Under Contract $269,000 $381.56 MLS #2515438
Nov 11, 2005 Price Decrease $269,000 -3.93% $381.56 MLS #2515438
Oct 18, 2005 Price Decrease $280,000 -4.76% $397.16 MLS #2515438
Oct 4, 2005 Price Decrease $294,000 -1.18% $417.02 MLS #2515438
Sep 14, 2005 New Listing $297,500 $421.99 MLS #2515438
Show more Show less

Tax & MLS details 509 University Ave unit 201, Honolulu, HI, 96826

MLS #202603534
Current Property Taxes p/month
$90
Assessed Improvement value
$293,000
TMK
1-2-7-013-011-0006
Flood Zone
Zone A
Total Assessed value
$391,700
Listed by
Corcoran Pacific Properties
(808) 589-2040
MLS #
202603534
Hawaii House tour report for this condo
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
Show more Show less
We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

Similar homes nearby 509 University Ave unit 201 in Kapiolani

Recently sold nearby 509 University Ave unit 201 in Kapiolani

Ask a question

or Call 808-394-9779

Frequently asked questions for 509 University Ave unit 201

What is 509 University Ave unit 201?

509 University Ave unit 201 is a condo in the Ala Wai Cove building located in Honolulu, HI. This is a 2 beds, condo in the Kapiolani neighborhood. This apartment has 705 sqft interior space with city, diamond head, marina/canal views. Unit #201 is located on floor number 2 and the property condition is excellent,above average.

When was this condo built and last sold?

This house was build in 1961.

What is the full address of this condo?

509 University Ave unit 201, Honolulu, HI, 96826.

Are there beaches near 509 University Ave unit 201?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2026 by HiCentral Mls, Ltd. Listing courtesy of Corcoran Pacific Properties. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on February 09, 2026.
Hawaii House Last checked 1 minute ago.

509 University Ave unit 201 is a condo in the Ala Wai Cove building located in Honolulu, HI. This is a 2 bed, condo in the Kapiolani neighborhood. This apartment has 705 sqft interior space with  City, Diamond Head, Marina/Canal views. Unit #201 is located on floor number 2 and the property condition is excellent,above average. The neighborhood is Kapiolani and the full address is 509 University Ave unit 201, Honolulu, HI, 96826.

Condo for sale $420,000 509 University Ave unit 201, Honolulu, HI, 96826 2 beds | 705 sqft Save House Remove from Saved