West Waikiki · Honolulu

Kaioo Terrace condos for sale

A four-story, 40-unit leasehold low-rise from 1970 on Kaioo Drive at the Ala Wai end of Waikiki, with a pool and spa and one-bedroom units.

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Kaioo Terrace market snapshot · October 2026

What's for sale at Kaioo Terrace right now

4Units for sale

$56KAverage list price

$122Average price per square foot

$46K to $70KPrice range

Source: active listings on our MLS search as of October 28, 2026, not counting parking stalls or storage. Figures change daily; the listings below are always current.

Building facts

Kaioo Terrace at a glance

Address: 1863 and 1867 Kaioo Dr, Honolulu 96815
Completed: 1970
Height: 4 stories
Residences: 40
Land tenure: Leasehold; land lease ends Dec 1, 2033
Floor plans: 1 bedroom, 1 bath (about 448 to 480 sq ft)
Building type: Residential
Pets: Allowed
Parking: Open parking lot; 1 stall with listed units
Developer / architect: Kaioo Terrace Ventures (developer)

Building facts from public sources: thehawaiistatecondoguide.com, locationshawaii.com, hawaiiliving.com.

Please note: Building information is gathered from public sources and is deemed reliable but not guaranteed. Pet rules, rental rules, fees, special assessments, land tenure and other details can change. Buyers should do their own due diligence and confirm every fact with the association documents, the City and County of Honolulu and their own advisors before buying.

About the building

Living at Kaioo Terrace

Kaioo Terrace is a small concrete mid-rise completed in 1970 with 40 units on four floors, served by one elevator. Units are one-bedroom, one-bath layouts of roughly 450 to 480 square feet. The building is leasehold, with a land lease expiring December 1, 2033, which is a major factor in its pricing.

The building sits on Kaioo Drive, a short U-shaped street off Hobron Lane in the western corner of Waikiki. Ala Moana Center is across the Ala Wai Canal, and the shops and restaurants along Ala Moana Boulevard and the beaches fronting Hilton Hawaiian Village are a short walk away.

Rentals: Locationshawaii lists the building as not zoned for legal vacation rentals, and Hawaii Living says vacation rentals are not allowed. Condo guide zoning: Apartment. Confirm current zoning, registration and house rules before you buy.

Amenities

Pool
Hot tub / whirlpool
Community laundry
Elevator
Trash chute
Guest parking

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Interested in Kaioo Terrace?

We can compare Kaioo Terrace's floor plans, fees, rental rules and house rules with other West Waikiki buildings, and pull recent sales for any unit you're considering.

Compare other West Waikiki buildings

The Salazar GroupPremier Island Homes Hawaii
Coldwell Banker Island Properties
95-1249 Meheula Pkwy, Suite D16
Mililani, HI 96789

(808) 204-HOME (4663)
info@thesalazargrouphawaii.com

Homes for Sale at Kaioo Terrace

$70,000

1 Beds ⋅ 1 Baths ⋅ 202616034 MLS ⋅ LH - Leasehold Tenure ⋅ 66 DOM ⋅ Kaioo Terrace BLDG.

Quietly tucked away in Waikiki, away from the main street traffic and noise. Unwind by the poolside in your very own private oasis setting located on property. 1 bedroom / 1 bath beautifully renovated unit in a secured building with parking. Close to many Waikiki activities, beaches, shopping & bus lines.

1863 Kaioo Drive Unit 302, Honolulu

$57,700

1 Beds ⋅ 1 Baths ⋅ 202618069 MLS ⋅ LH - Leasehold Tenure ⋅ 37 DOM ⋅ Kaioo Terrace BLDG.

If you're looking for an affordable place in Waikiki with parking a few blocks from the beach fronting the Hilton Hawaiian Village, welcome to Kaioo Terrace. Enjoy Friday night fireworks fronting the Hilton, which can be seen from the walkway off the front door. Kaioo Terrace is a secured building with swimming pool, hot tub and community laundry. Food Pantry supermarket is a block away as is an urgent care in case of an emergency. Enjoy Ala Moana to the west and all that Waikiki has to offer to your east. Why rent when you can buy? This is a leasehold ownership opportunity. Land lease expires in 2033, so buyers would need to pay cash. Why? Lifestyle, location, tax write off? You name it...

1867 Kaioo Drive Unit 307, Honolulu

$49,000

1 Beds ⋅ 1 Baths ⋅ 202614886 MLS ⋅ LH - Leasehold Tenure ⋅ 67 DOM ⋅ Kaioo Terrace BLDG.

This fully furnished turnkey 1 bedroom, 1 bathroom Waikiki residence is ready for your next vacation home or rental investment! Amenities includes a pool, hot tub, secured entry, and community laundry on every floor. Prime location minutes from Waikiki Beach, Ala Moana, grocery stores, restaurants, and public transportation. Monthly maintenance fees include electricity. A great opportunity to enjoy the Waikiki lifestyle at an affordable price. This is a leasehold property with the lease expiring on December 31, 2033.

1863 Kaioo Drive Unit 306, Honolulu

$45,500

1 Beds ⋅ 1 Baths ⋅ 202613964 MLS ⋅ LH - Leasehold Tenure ⋅ 102 DOM ⋅ Kaioo Terrace BLDG.

Hawaii living at it's finest! This rarely available ground floor, one bedroom condo has everything you'll need for a property in Waikiki. Located near restaurants, the beach, stores, and Alamoana shopping center. This income producing property is move in ready! The property was entirely redone in 2021. New Bathroom, new kitchen, new appliances, new flooring, new paint, new AC. Parking in Waikiki can be a challenge, but not for this property, a parking stall is included and parking is first come first serve. Amenities include a secured entry, pool/jacuzzi, and a resident manager. Association and Maintenance fees include gas, electric, and trash. Don't wait! Inquire today!

1867 Kaioo Drive Unit 110, Honolulu

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.