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

MLS: 202603534     $420,000
2 Bedrooms with 1 Bath

MLS: 202603534 Condo For Sale
509 UNIVERSITY AVENUE 201
HONOLULU HI 96826

MLS:  202603534
Status:  ACTIVE
List Price:  $420,000
Price per SQFT:  $596
Square Footage:  705

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

 

Listing Remarks

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.

Address: 509 UNIVERSITY AVENUE 201 HONOLULU HI 96826

Listing Courtesy of CORCORAN PACIFIC PROPERTIES

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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:2026-02-09
BEDROOMS:2
BATHROOMS FULL:1
BATHROOMS HALF:0
LIVING AREA SQ FT:705
BUILDING AREA TOTAL:798
YEAR BUILT:1961
TAXES:$1,074
HOA INCLUDES:HotWater, None, Sewer, Water
HOA AMENITIES:Management
ARCHITECTURAL STYLE:HighRise
BUILDING NAME:Ala Wai Cove
CONSTRUCTION:DoubleWall, HollowTile, Concrete
COMMUNITY FEATURES:LaundryFacilities, StorageFacilities
FLOORING:Carpet, CeramicTile
FURNISHED:Unfurnished
INTERIOR FEATURES:BedroomOnMainLevel, FullBathOnMainLevel, Storage
PARKING FEATURES:Assigned, OneSpace, OnStreet
PETS ALLOWED Y/N:Call
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Condominium
VIEW:Canal, City, Mountains
LISTING AGENT:BEAU C MOODY
LISTING OFFICE:CORCORAN PACIFIC PROPERTIES
LISTING CONTACT:(808) 589-2040

Estimated Monthly Payments

List Price:$420,000
20% Down Payment:$84,000
Loan Amount:$336,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$2,124

Estimate does not include taxes, fees, insurance.

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Property Location: 509 UNIVERSITY AVENUE 201 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 $325,000 509 UNIVERSITY AVENUE 205 1 1 551 ALA WAI COVE
202528533 $399,000 509 UNIVERSITY AVENUE 1003 2 1 696 ALA WAI COVE
202511748 $995,000 500 UNIVERSITY AVENUE PH6 2 3 1736 ALA WAI PLAZA
202516410 $435,000 500 UNIVERSITY AVENUE 1611 1 1 532 ALA WAI PLAZA
202601627 $489,900 555 UNIVERSITY AVENUE 1904 1 1 684 ALA WAI PLAZA
202521329 $499,000 555 UNIVERSITY AVENUE 901 1 1 684 ALA WAI PLAZA
202600191 $475,000 555 UNIVERSITY AVENUE 2502 1 1 684 ALA WAI PLAZA
202524230 $433,000 555 UNIVERSITY AVENUE 1706 1 1 684 ALA WAI PLAZA
202600841 $5,000,000 555 UNIVERSITY AVENUE PH1 3 3 3707 ALA WAI 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: 2026-02-09