Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048

MLS: 202528533     $399,000
2 Bedrooms with 1 Bath

MLS: 202528533 Condo For Sale
509 UNIVERSITY AVENUE 1003
HONOLULU HI 96826

MLS:  202528533
Status:  ACTIVE
List Price:  $399,000
Price per SQFT:  $573
Square Footage:  696

2 Bedrooms
1 Bath
Year Built:  1961
Zip Code:  96826

 

Listing Remarks

Set just beyond the energy of Waikiki, this beautifully renovated two-bedroom residence at Ala Wai Cove offers a refined balance of comfort and quality. Thoughtfully updated with high-end materials, the interior features engineered hardwood flooring, a well-appointed kitchen with stainless steel appliances and granite countertops, and an upgraded bathroom with large walk-in shower. The layout feels both functional and inviting, designed for everyday living with a clean, modern aesthetic. Expansive windows and a spacious 93 square foot lanai frame views of the Ala Wai Canal, the ocean beyond, and the vibrant Waikiki skyline, creating a dynamic backdrop from morning to evening. Whether enjoying your morning coffee or winding down at sunset, the lanai extends the living space and invites in cooling island breezes. Conveniently located near Waikiki, Iolani School, the University of Hawaii, shopping, dining, and major thoroughfares, Ala Wai Cove offers easy access to the best of Honolulu while remaining comfortably removed from the crowds.

Address: 509 UNIVERSITY AVENUE 1003 HONOLULU HI 96826

Listing Courtesy of COMPASS

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Condo Mania Agent

Featured Real Estate Agent Linda McCabe

Linda McCabe

Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048

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Listing Photos

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Listing Details

STATUS:Active
SPECIAL LISTING CONDITIONS:None
LISTING CONTRACT DATE:2026-01-01
BEDROOMS:2
BATHROOMS FULL:1
BATHROOMS HALF:0
LIVING AREA SQ FT:696
BUILDING AREA TOTAL:789
YEAR BUILT:1961
TAXES:$1,104
HOA INCLUDES:CommonAreas, Sewer, Water
HOA AMENITIES:Management
ARCHITECTURAL STYLE:HighRise, Penthouse
BUILDING NAME:Ala Wai Cove
CONSTRUCTION:Concrete
COMMUNITY FEATURES:StorageFacilities
FLOORING:CeramicTile, Laminate
FURNISHED:Unfurnished
PARKING FEATURES:Assigned, Covered, OneSpace
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Condominium
VIEW:Canal, Coastline, City, Mountains, Ocean, Sunset
LISTING AGENT:ALESIA D BARNES
LISTING OFFICE:COMPASS
LISTING CONTACT:(808) 825-4277

Estimated Monthly Payments

List Price:$399,000
20% Down Payment:$79,800
Loan Amount:$319,200
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$2,018

Estimate does not include taxes, fees, insurance.

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Property Location: 509 UNIVERSITY AVENUE 1003 HONOLULU HI 96826


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.25 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
202525750 $425,000 509 UNIVERSITY AVENUE 703 2 1 696 ALA WAI COVE
202502423 $335,000 509 UNIVERSITY AVENUE 205 1 1 551 ALA WAI COVE
202523768 $239,000 509 UNIVERSITY AVENUE 1006 0 1 402 ALA WAI COVE
202516410 $435,000 500 UNIVERSITY AVENUE 1611 1 1 532 ALA WAI PLAZA
202511748 $1,075,000 500 UNIVERSITY AVENUE PH6 2 3 1736 ALA WAI PLAZA
202521329 $499,000 555 UNIVERSITY AVENUE 901 1 1 684 ALA WAI PLAZA
202524230 $448,000 555 UNIVERSITY AVENUE 1706 1 1 684 ALA WAI PLAZA
202525018 $550,000 2499 KAPIOLANI BOULEVARD 3804 1 1 1081 IOLANI COURT PLAZA
202527738 $349,900 2499 KAPIOLANI BOULEVARD 401 1 1 578 IOLANI COURT PLAZA
202523702 $485,000 2499 KAPIOLANI BOULEVARD 2008 2 2 1037 IOLANI COURT PLAZA

Condo Mania Agent

Featured Real Estate Agent Erin McCabe

Erin McCabe

Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955

Contact Us

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2026 by HiCentral MLS, Ltd.

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Last Updated: 2026-01-01