Penthouse 1 at Ala Wai Skyrise presents a rare opportunity for

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Condo For Sale

555 University Avenue unit: Ph1

Honolulu, Hawaii 96826

Island of Oahu Ocean View: Yes

Community: KAPIOLANI

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$5,000,000 3 br, 3.0 bath 3707 sq. ft. 0.000 acres

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.

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 3707
  • Year Built: 1971
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: Covered, Assigned, Guest
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: City, Golf Course, Ocean
  • Yard: 
  • Siding: Double Wall, Hollow Tile, Concrete
  • Roof: 
  • Property Taxes: $8,913
  • MLS #: 202600841
  • Unit Number: Ph1
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Contact Information:
Beach Condo For Sale in Honolulu, Hawaii
Listing Agent: Stephanie Rae Band, Compass, 808-773-9390, 808-825-4277 Listing Site, Listing Status: Active
Copyright © 2025 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7228423
Viewed 7 times.
Updated: Feb 06, 2026

This property is a Condo located at 555 University Avenue unit: Ph1, Honolulu, Hawaii 96826, and is currently For Sale at $5,000,000. This Condo has 3 bedrooms, 3.0 baths, 3707 sq ft.