Marina living at its finest! Owner Says, SELL! Huge Price Reduction! This expansive 8th-floor Penthouse in The Esplanade is an investor's dream with huge upside through an easy full remodel. With the price reduction you can remodel your way and still possibly walk into great equity. Perfectly positioned with breathtaking views of the marina and mountains. High ceilings, natural light, and cool trade winds elevate every room. The versatile main level offers a convertible second primary, office, or living space with wet bar, full bath, closet, and lanai access—plus an additional bedroom, bath, walk-in storage closet, and in-unit washer/dryer hook up. Central A/C compressor replaced 2026. Upstairs primary suite features walk-in closet, separate shower, and soaking tub. Enjoy sunset cocktails on this large lanai. Includes 3 parking + storage lockers at street level. Resort amenities: pool, tennis, sauna, gym, BBQ, 24-hr security, on-site manager. Pet-friendly. Unbeatable Hawaii Kai value!
Hawaii Kai, located between Koko Head and Maunalua Bay, is a waterfront and hillside East Honolulu neighborhood with a marina-lined shoreline and ridge-to-ocean views. The neighborhood’s character concentrates around the Hawaii Kai Towne Center along Kalanianaʻole Highway, where patios, local eateries, and everyday errands share the same breezy strip. Pillars include Kona Brewing Co. Hawaii Kai, Roy’s Hawaii Kai, and the Hawaiʻi Kai Public Library. Homes range from mid-century slopeside residences to marina-front townhomes with boat slips. Koko Marina’s canals and Maunalua Bay shape a water-forward routine, while nearby trailheads set a steady outdoor cadence. Shopping clusters stay low-slung and open-air, matching the coastal light and trade-wind feel.
Provided by Walk Score and Local Logic
Market insights
500 Lunalilo Home Rd Unit 18C · $700,000
DAYS ON MARKET
121 days
The average home goes pending in 91 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
LIST PRICE
$700,000
Median sale price in this area is $515,980. (26% lower than this home)
PRICE DROP
1 price drop
16% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Unfurnished
Bedroom on main level
Full bath on main level
Storage
Bedrooms
Entry level: 8
Bathrooms
3 full bathrooms
Flooring
Carpet
Ceramic tile
Laminate
Heating & cooling
Central air conditioning
Exterior features
Marina frontage and waterfront
Community spa
Fenced with wall
Home design
Condominium building (Esplanade)
Average condition
Parking
Covered parking
Guest parking
One covered space plus two additional spaces (3 total)
Open parking available
Security
Key card entry
Security guard
Construction
Concrete construction
Utilities
Fee simple land tenure
Has view
HOA & community
Association amenities include marina and management
Association fee covers common areas, cable TV, hot water, and internet
Community features include barbecue, clubhouse, conference/meeting room, dock, dog park, fitness center, pool, putting green, sauna, storage facilities, tennis courts, trails/paths, and trash chute
Financial info
Maintenance expense: $2,259
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 500 Lunalilo Home Rd Unit 18C
Sale History
Tax History
Date
Event
Price
HiCentral MLS #202609960
Sep 6, 2026
Contingent
—
Aug 4, 2026
Price Changed
$700,000
$422/sq ft
May 24, 2026
Listed
$789,000
$476/sq ft
HiCentral MLS #202524311
Apr 29, 2026
Listing Removed
—
Feb 18, 2026
Price Changed
$825,000
$498/sq ft
Nov 11, 2025
Contingent
—
Oct 31, 2025
Listed
$875,000
$528/sq ft
Public Records
Mar 5, 2004
Sold
$374,700
$226/sq ft
Public Records
Mar 20, 1991
Sold
$187,500
$113/sq ft
Public Records
Feb 26, 1991
Sold
$375,000
$226/sq ft
Public Records
Mar 28, 1985
Sold
$170,000
$103/sq ft
Public Records
Dec 1, 1984
Sold
$170,000
$103/sq ft
Year
Property tax
Land + Additions
Assessment*
2022
$3,442 (+10.8%)
$323,900 + $659,500
$983,400
2021
$3,107 (−10.6%)
$323,900 + $659,500
$983,400
2020
$3,475 (+5.1%)
$303,700 + $584,000
$887,700
2019
$3,306 (+6.9%)
$303,700 + $689,100
$992,800
2018
$3,092
$296,900 + $647,600
$944,500
2017
$3,089 (−2.6%)
$243,000 + $640,300
$883,300
2016
$3,171 (+22.5%)
$189,000 + $693,600
$882,600
2014
$2,589 (+7.6%)
$159,300 + $647,500
$806,800
2013
$2,406 (+1.6%)
$160,600 + $579,300
$739,900
2012
$2,367
$157,100 + $530,400
$687,500
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
1,657
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,657
Year built
1973
Style
Condo/Co-op
County
Honolulu County
APN
1 3 9 008 009 0064
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Mar 8, 2023.
A-2
Medium-Density Apartment District
The intent of the A-2 medium density apartment district is to provide areas for medium density, multi-family dwellings. It is intended primarily for concentrated urban areas where public services are centrally located and infrastructure capacities are adequate.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Student
Public service
Climate risks
2/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Honolulu, HI • 96825
Average low and high temperatures (°F)
78
71
78
69
78
71
80
73
81
74
82
75
83
76
83
77
84
77
83
76
80
74
80
72
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Honolulu. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 500 Lunalilo Home Rd Unit 18C
$684,688
$15K under list price of $700K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $740K to $990K.