Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202600841 $5,000,000
3 Bedrooms with 3 Baths555 UNIVERSITY AVENUE PH1
HONOLULU HI 96826MLS: 202600841
Status: ACTIVE
List Price: $5,000,000
Price per SQFT: $1,349
Square Footage: 37073 Bedrooms
3 Baths
Year Built: 1971
Zip Code: 96826
Listing Remarks
Penthouse 1 at Ala Wai Skyrise presents a rare opportunity for refined urban island living in a rapidly evolving neighborhood regarded as Honolulu’s next emerging hotspot. This thoughtfully renovated top-floor corner residence offers exceptional privacy and sweeping views spanning the mountains, city, ocean, golf course, and an unobstructed Diamond Head backdrop. Dramatic two-story windows and custom sliding doors fill the 3-bedroom, 3-bath home + Den/Office, with abundant natural light and cooling trade winds. Ideally situated in a revitalized area near UH Manoa, ?Iolani School, shopping, and upcoming dining by the Aoki Group, with the added convenience of a new pedestrian bridge (expected 2027) providing direct access to Waikiki and the beach. This penthouse delivers a seamless balance of sophistication, comfort, and connectivity, well suited for discerning owner-occupants or investors seeking a premium in-town offering.
Address: 555 UNIVERSITY AVENUE PH1 HONOLULU HI 96826
Listing Courtesy of COMPASS
Community: ALA WAI PLAZA ... Listing 1 of 7
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Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2026-02-05 BEDROOMS: 3 BATHROOMS FULL: 3 BATHROOMS HALF: 0 LIVING AREA SQ FT: 3707 BUILDING AREA TOTAL: 4240 YEAR BUILT: 1971 TAXES: $8,913 HOA INCLUDES: CommonAreas, CableTv, HotWater, Internet, None, Sewer, Water ARCHITECTURAL STYLE: HighRise, MultiLevel, Penthouse BUILDING NAME: Ala Wai Plaza Skyrise CONSTRUCTION: DoubleWall, HollowTile, Concrete COMMUNITY FEATURES: Barbecue, CommunityPool, DeckPorch, Other, Patio, Pool, RecreationArea, TrashChute FLOORING: CeramicTile, Other FURNISHED: Partially INTERIOR FEATURES: BedroomOnMainLevel, FullBathOnMainLevel PARKING FEATURES: Assigned, Covered, Guest, ThreeOrMoreSpaces PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium VIEW: Canal, Coastline, City, GolfCourse, Mountains, Ocean, Sunset, Sunrise LISTING AGENT: STEPHANIE RAE BAND LISTING OFFICE: COMPASS LISTING CONTACT: (808) 825-4277
Estimated Monthly Payments
List Price: $5,000,000 20% Down Payment: $1,000,000 Loan Amount: $4,000,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $25,283 Estimate does not include taxes, fees, insurance.
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Property Location: 555 UNIVERSITY AVENUE PH1 HONOLULU HI 96826
This Listing
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Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
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Last Updated: 2026-02-05