Invest in Paradise: Waikiki Banyan Condos for Sale in Honolulu Hawaii
Waikiki Banyan for sale
201 ʻŌhua Ave
Quick Facts
• The Waikiki Banyan is a high-rise condominium complex in Honolulu, Hawaii, that consists of 2 towers with a total of 876 units.
• Completed in 1977, the complex sits on a 4.73-acre property at 201 Ohua Avenue in Waikiki.
• Each unit at the Waikiki Banyan is a private studio, one-bedroom, or two-bedroom apartment with approximately 350-800 square feet of living space.
• Typical unit features include a private lanai, well-equipped kitchen, and comfortable living area.
• Building amenities include two rooftop pools, whirlpool tubs, saunas, tennis courts, and a private BBQ area.
• The complex also features a 24/7 security team, visitor parking, and on-site laundry facilities.
• Units are equipped with air conditioning and generally have ocean, city, or mountain views.
• Owners may choose from unobstructed ocean views, Diamond Head views, or views of the Ko’olau Mountains.
• Prices for Waikiki Banyan condos range from $350,000 to $600,000+ depending on the unit size, age of upgrades, and overall condition.
• Current owners and residents may choose to rent units on long-term or short-term basis, which can also make the property attractive to potential investors.
New Listings & Properties for Sale in Waikiki Banyan for sale
201 Ohua Ave Unit 2601, Honolulu, HI 96815
Waikiki Banyan Condos for Sale | 201 Ohua Ave
Waikiki Banyan – Honolulu, Hawaii Condo by HIcondos.com
201 Ohua Waikiki Banyan T2 Ave # 603, Honolulu, HI 96815
Waikiki Banyan for Sale – A Tropical Paradise at Your Doorstep
Located in the heart of Waikiki, one of Hawaii’s most iconic destinations, Waikiki Banyan is a condominium complex that offers residents a unique and desirable lifestyle. If you’re looking for a piece of tropical paradise, a Waikiki Banyan for sale can be an excellent choice. In this article, we’ll explore the benefits of owning a unit at Waikiki Banyan, the types of units available, and what to expect from the buying process.
About Waikiki Banyan
Waikiki Banyan is a 37-story condominium complex situated at 201 Ohua Avenue in Honolulu, Hawaii. Built in 1977, the complex features 876 units, ranging from studios to two bedrooms, with prices varying from the mid-$300,000s to over $800,000. The building’s unique design, with its two towers connected by a walkway, provides residents with stunning views of the ocean, city, or Diamond Head.
Lifestyle at Waikiki Banyan
Waikiki Banyan offers its residents a unique lifestyle that combines the best of urban living with the tranquility of a tropical oasis. The complex features a range of amenities, including a sauna, whirlpool, swimming pool, BBQ area, and tennis court. The building also has a secured entrance, with on-site security personnel ensuring the residents’ safety and peace of mind.
Residents of Waikiki Banyan can enjoy the beautiful tropical surroundings, with numerous restaurants, shops, and attractions within walking distance. Just a short stroll away is the iconic Waikiki Beach, where you can soak up the sun, take a leisurely swim, or try your hand at surfing or paddleboarding.
Types of Units Available
Waikiki Banyan offers a range of units to suit different needs and budgets. Here are some of the most common types of units available:
Studio Units: These units typically range from 410 to 530 square feet and are ideal for singles or couples. Prices for studio units start from around $350,000.
One-Bedroom Units: These units typically range from 530 to 750 square feet and are perfect for couples or small families. Prices for one-bedroom units start from around $450,000.
Two-Bedroom Units: These units typically range from 850 to 1,200 square feet and are ideal for families or those who need more space. Prices for two-bedroom units start from around $650,000.
Amenities and Services
Waikiki Banyan offers its residents a range of amenities and services, including:
24/7 Security: On-site security personnel ensuring the residents’ safety and peace of mind.
Swimming Pool: A large swimming pool perfect for relaxation and recreation.
BBQ Area: A designated area for outdoor cooking and entertaining.
Tennis Court: A public tennis court available for residents to use.
Sauna and Whirlpool: A perfect place to unwind and relax after a long day.
Gym: A fully equipped gym for residents to stay active and healthy.
Pantry: A convenient pantry service available for residents to order groceries and other essentials.
What to Expect from the Buying Process
Buying a unit at Waikiki Banyan can be a straightforward process, but it’s essential to work with a reputable real estate agent who has experience in the local market. Here are some tips to help you navigate the buying process:
Research: Research the local market and compare prices to ensure you get the best deal.
Inspect the Unit: Inspect the unit thoroughly before making an offer to ensure it’s in good condition.
Review the Documents: Review the condo documents, including the bylaws and CC&Rs, to understand the rules and regulations.
Secure Financing: Secure financing before making an offer to ensure you have the necessary funds to complete the purchase.
Conclusion
Waikiki Banyan is an excellent choice for those looking for a tropical paradise at their doorstep. With its range of units, from studios to two-bedroom units, and its convenient location in the heart of Waikiki, it’s an ideal choice for singles, couples, and families. By working with a reputable real estate agent and following the tips outlined above, you can navigate the buying process and find your dream unit at Waikiki Banyan.
Whether you’re looking for a primary residence, a vacation home, or a rental investment property, Waikiki Banyan has something for everyone. With its stunning views, tropical surroundings, and range of amenities, it’s an excellent choice for those who want to experience the best of Hawaiian living.
Photos of Waikiki Banyan for sale
Frequently Asked Questions:
Waikiki Banyan FAQ
Q What is Waikiki Banyan
A Waikiki Banyan is a popular condominium complex located in the heart of Waikiki Hawaii offering studio one and two bedroom units for sale and for rent
Q Where is Waikiki Banyan located
A Waikiki Banyan is located on the mauka side of Kuhio Avenue between 201 and 211 Ohua Avenue in Waikiki Hawaii
Q What amenities does Waikiki Banyan offer
A Waikiki Banyan offers a wide range of amenities including three separate towers a rooftop pool and sun deck a fitness center a childrens play area a barbecue area and on site parking
Q Is Waikiki Banyan pet friendly
A No Waikiki Banyan is not pet friendly according to the condominiums house rules pets are not allowed in the building
Q Are Waikiki Banyan units furnished
A Some Waikiki Banyan units may be furnished while others may not it depends on the individual owner and their preferred use of the unit as a rental property or personal residence
Q Can I short term rent my Waikiki Banyan unit
A According to the condominiums house rules owners are allowed to short term rent their units but must comply with the minimum rental period of 30 days and comply with all applicable local and state regulations
Q How much are Waikiki Banyan units for sale
A The prices of Waikiki Banyan units for sale vary depending on the location in the building the number of bedrooms and the overall condition of the unit currently prices range from around 300000 to over 700000
Q Is there a leasehold or fee simple ownership option at Waikiki Banyan
A Waikiki Banyan offers fee simple ownership which means that owners have full rights to their property and the land it sits on
Related Links & Information:
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Hawaii Life Real Estate Listings for Waikiki Banyan
