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Building Details
Current Listings for Sale: 20
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
Amenities
Whirlpool
Trash Chute
Security Guard
Sauna
Pool on Property
Recreation Area
BBQ
Community Laundry
Exercise Room
Patio/Deck
Recreation Room
Island Colony Condos for Sale
Units sold in last 365 days
48
Median sold price in the last 365 days
$385,500
Days on Market, last 365 days
18
Building Overview
Built in 1979, the Island Colony building currently has 20 units for sale, ranging in price from $228,000 - $599,000. Located in the Waikiki neighborhood, there have been 7 sales in the last 60 days, with a median sold price of $380,000.
These units sold in 32 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 | 15 |
| 1 bedroom | 5 |
| 2 bedroom | 0 |
| 3 bedroom | 0 |
Nearby Condos
- Ilikai Apt Bldg (1965)
- The Ritz-Carlton Residences Twr 2 - 383 Kalaimoku (2018)
- The Ritz-Carlton Residences - 383 Kalaimoku (2014)
- Waikiki Banyan (1977)
- Royal Kuhio (1976)
Location Building Insights
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.
History
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.
Arial View Of Island Colony looking west.
Arial View Of Island Colony looking slightly east.
See Legend below picture View descriptions of the different zones of the Island Colony below the picture:
See Legend below picture View descriptions of the different zones of the Island Colony below the picture:1: Views of surrounding buildings; overlooks the parking lot, pool and amenities. This side of the building is quieter than the ocean-facing side, which also faces other condo buildings. Subject to morning sun; cooler in the afternoon, with trade-wind breezes. Two, one-bedroom corner units per floor on this side of the building.
2: Peek-a-boo ocean views, cool breezes in these Diamond Head-facing units on the quieter side of the building. Clear views of the Ala Wai Canal; higher floors have better views of Diamond head. Deep lanais.
3: Peek-a-boo ocean views, golf course, Ala Wai Canal and Diamond Head views (higher floors have clearer views of Diamond Head); cool breezes in these Diamond head-facing units. Quieter side of the building. Deep lanais.
4: Views of surrounding buildings; overlooks the parking lot. This side of the condo is subject to noise.
5: Views of surrounding buildings. This side of the condo is subject to noise.
6: Peek-a-boo ocean views and cool breezes in these town-facing units.
7: These one-bedroom units face the ocean and Kuhio Ave., a major thoroughfare, and have a view of the Ala Wai Canal. Windows in this section of the building are newer. Sun exposure makes this section of the building hot, particularly the living room, which can be hot for a good portion of the day.
8: Partial ocean and Ala Wai Canal views. From the 17th floor and above, sun exposure can make for hot afternoons. Two, one-bedroom corner units per floor on this side of the building.
9: This very breezy part of the building has Waikiki skyline, Diamond Head and ocean views. Exposure to morning and afternoon sun. Two, one-bedroom corner units per floor on this side of the building.
10: These units face the mountains and Ala Wai Blvd., a major thoroughfare. Two, one-bedroom corner units per floor.
11: Two, one-bedroom corner units per floor on this cooler side of the building, with ocean views. The living room faces mauka, and benefits from cool breezes from this direction, creating good air flow. Deep lanais. Sunlight does not intrude into the bedrooms.
2: Peek-a-boo ocean views, cool breezes in these Diamond Head-facing units on the quieter side of the building. Clear views of the Ala Wai Canal; higher floors have better views of Diamond head. Deep lanais.
3: Peek-a-boo ocean views, golf course, Ala Wai Canal and Diamond Head views (higher floors have clearer views of Diamond Head); cool breezes in these Diamond head-facing units. Quieter side of the building. Deep lanais.
4: Views of surrounding buildings; overlooks the parking lot. This side of the condo is subject to noise.
5: Views of surrounding buildings. This side of the condo is subject to noise.
6: Peek-a-boo ocean views and cool breezes in these town-facing units.
7: These one-bedroom units face the ocean and Kuhio Ave., a major thoroughfare, and have a view of the Ala Wai Canal. Windows in this section of the building are newer. Sun exposure makes this section of the building hot, particularly the living room, which can be hot for a good portion of the day.
8: Partial ocean and Ala Wai Canal views. From the 17th floor and above, sun exposure can make for hot afternoons. Two, one-bedroom corner units per floor on this side of the building.
9: This very breezy part of the building has Waikiki skyline, Diamond Head and ocean views. Exposure to morning and afternoon sun. Two, one-bedroom corner units per floor on this side of the building.
10: These units face the mountains and Ala Wai Blvd., a major thoroughfare. Two, one-bedroom corner units per floor.
11: Two, one-bedroom corner units per floor on this cooler side of the building, with ocean views. The living room faces mauka, and benefits from cool breezes from this direction, creating good air flow. Deep lanais. Sunlight does not intrude into the bedrooms.
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445 Seaside Blvd, Honolulu, Hi, 96815
