Waikiki Homes under $1.25 million

Welcome to Waikiki, an iconic neighborhood nestled in the heart of Honolulu, Hawaii. Renowned for its stunning beaches, vibrant culture, and rich history, Waikiki offers a unique blend of urban living and tropical paradise. With its palm-lined streets and breathtaking views of Diamond Head, this area is not just a destination; it’s a lifestyle.

Waikiki is famous for its world-class surf spots, making it a haven for water sports enthusiasts. Whether you’re catching waves or enjoying a leisurely stroll along the beach, the ocean is always just a stone’s throw away. The neighborhood also boasts an array of dining options, from local Hawaiian cuisine to upscale restaurants, ensuring that your culinary cravings are always satisfied.

For those looking to invest in real estate, Waikiki presents an exciting opportunity with homes available under $1.25 million. This price point opens doors to a variety of options, from cozy condos with ocean views to charming bungalows nestled in lush landscapes. Imagine waking up to the sound of waves and enjoying your morning coffee on a sun-kissed balcony.

In addition to its stunning scenery and vibrant lifestyle, Waikiki is conveniently located near shopping centers, cultural attractions, and entertainment venues. The famous Waikiki Beach Walk, filled with shops and eateries, is just a short stroll away, making it easy to immerse yourself in the local culture.

Whether you’re seeking a vacation home, a permanent residence, or an investment property, Waikiki offers a slice of paradise that combines comfort, convenience, and a true sense of community. Explore the possibilities and make your dream of living in this tropical haven a reality!

Newest Waikiki Homes under $1.25 million

1777 Ala Moana Boulevard Unit 2319, Honolulu

$545,000

1 Beds ⋅ 1 Baths ⋅ 202618331 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM ⋅ Ilikai Apt Bldg BLDG.

Own a piece of Waikiki at the iconic Ilikai Apartment Building. This furnished 1-bedroom, 1-bath unit features a spacious 120 sq. ft. lanai on the cooler mountain side, offering refreshing trade winds and city and mountain views. Legal short-term rentals are permitted, giving you the flexibility to enjoy it as a vacation home, generate rental income, or both. Ideally located just steps from Waikiki Beach and minutes from Ala Moana Center, dining, shopping, and the Hawaii Convention Center, this is island living with exceptional flexibility.

1777 Ala Moana Boulevard Unit 2319, Honolulu

$899,000

2 Beds ⋅ 2 Baths ⋅ 202618659 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM ⋅ Lanikea At Waikiki BLDG.

Experience resort-style island living at Lanikea #1403 on the quiet side of Waikiki. Spacious 2-bedroom, 2-bath residence with a private balcony showcasing beautiful ocean and city views. Brand new laminated wood flooring thought out , Enjoy a peaceful setting while being just minutes from Waikiki’s beaches, shops, restaurants and bus lines. The perfect blend of comfort, convenience and island lifestyle!

421 Olohana Street Unit 1403, Honolulu

2609 Ala Wai Boulevard Unit 1002, Honolulu

$299,800

1 Beds ⋅ 1 Baths ⋅ 202618650 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM ⋅ Ala Wailani BLDG.

Must see! Priced below tax assessed value! Welcome to this beautifully maintained 1-bedroom, 1-bathroom gem boasting stunning views of Diamond Head. Freshly painted throughout. The kitchen was refreshed in 2023 with new cabinets, sink, countertops, and flooring, while the bathroom features a new sink, toilet, tiles, and flooring. New flooring was also installed in both the living area and bedroom, and a sliding lanai door was added that same year. Most recently in 2025, the shower was upgraded with a new Delta 13 Series MultiChoice valve with stops, trim, spout, shower arm, and showerhead. New GFCI outlets have been installed in both the kitchen and bathroom for added safety. Building is 100% hurricane insurable. Nestled on the quieter side of Waikiki, you're just a few blocks from the beach and within easy reach of the world-class dining, shopping, and entertainment. Additional perks include one covered assigned parking and on-site laundry facilities. Don't miss this opportunity to own a slice of paradise in one of Honolulu's most sought-after communities!

2609 Ala Wai Boulevard Unit 1002, Honolulu

$686,700

2 Beds ⋅ 2 Baths ⋅ 202618432 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM ⋅ 250 Ohua BLDG.

Exceptional 2-bedroom, 2-bathroom residence offering 1,067 square feet of sun-drenched living space in the heart of Waikiki. From the moment you step into the unit you will appreciate that the unit has been freshly painted, the "popcorn" ceilings have been removed and the closets have been designed by California closet systems. This end unit is located on the cooler side of the building. Positioned in a well-maintained, highly desirable building, this light-filled home features a seamless open-concept living and dining area designed for fluid entertaining and comfortable daily living. The functional galley kitchen provides generous counter space and abundant cabinetry, flowing directly into the main living areas. Enjoy ultimate island comfort with central air conditioning, secured key-fob entry, two elevators, security cameras, an on-site resident manager, a refreshing community pool, and one assigned parking stall. Located just short blocks from world-famous Waikiki Beach, luxury shopping, oceanfront dining, and vibrant nightlife, 250 Ohua Avenue #9C delivers an unmatched lifestyle opportunity in a prime coastal location. The tenant has a lease valid through February 2027.

250 Ohua Avenue Unit 9C, Honolulu

1778 Ala Moana Boulevard Unit 1418, Honolulu

$575,000

1 Beds ⋅ 1 Baths ⋅ 202618557 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM ⋅ Discovery Bay BLDG.

2026 Totally remodeled Resolution Tower DH Side ,move right in this one bedroom, one Bath, 683 sq.ft. enclosed lanai 86 sq ft.one covered secured parking stall. Central A/C. New Kitchen appliances , counter top, fixtures ,bath new toliet and tub encloseues, vanity floors, paint, Blinds , & New Full Size Washer /Dryer in unit. Scenic Mountain views, enclosed Lanai. Gateway into Waikiki walk to Ala Moana Park and shopping Mall. Uue as Primary residence or 30-day rental.11'th Floor is the pool. Sauna, gym, whirlpool. 5'th floor has BBQ & Tables. This building is 96.893% Fee the other 3.107% is owned by AOAO till 2039 and lease rent is $12.62/mo. MF Includes: AC Chiller, wi-fi, cable, hot water, & sewer. Bike & Surfboard Storage.

1778 Ala Moana Boulevard Unit 1418, Honolulu

$218,000

1 Baths ⋅ 202618603 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM ⋅ Hawaiian Monarch BLDG.

Welcome to Hawaiian Monarch, conveniently located at the Gateway to Waikiki. This well located property offers easy access to world famous Waikiki Beach, shopping, dining, entertainment, and nearby attractions. The building features a pool, jacuzzi, and shared laundry facilities, as well as restaurants and shops onsite, providing added convenience and an enjoyable experience for residents and guests. This desirable corner unit features windows on two sides, welcoming you with abundant natural light and a bright, tropical ambiance the moment you step inside. Enjoy expansive views of Diamond Head, the Ala Wai Canal, and the golf course, creating an open and inviting atmosphere. With a larger studio than many other units in the building, this spacious unit is ideal for those looking for extra room when traveling or staying with family and friends. Short term rentals are allowed, making this property an attractive option for investors seeking flexibility and rental income potential. Photos are enhanced.

444 Niu Street Unit 1811, Honolulu

$938,000

2 Beds ⋅ 2 Baths ⋅ 202618614 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM ⋅ Allure Waikiki BLDG.

Welcome to Allure Waikiki Unit 803, an inviting residence where comfort, style, and resort-style living come together in the heart of Waikiki. Gently used, beautifully maintained, and thoughtfully upgraded, this home offers ease and refinement from the moment you enter. Featuring a highly desirable split floor plan with two en-suite bedrooms separated by the central living room, this residence provides optimal privacy and functional living space. Upgraded hard flooring extends throughout the interior, while elegant travertine tile flooring enhances both private lanais. Key updates include a newer air conditioning system (2023), replaced water heater (2022), a custom California Closets system (installed in 2022) in the primary bedroom, and built-in vanity storage in the second bedroom suite. Allure Waikiki is celebrated for its lush tropical setting, spacious residences, and resort-style amenities, all with convenient access to Waikiki Beach, Ala Moana Center, dining, shopping, and entertainment. Unit 803 presents an exceptional opportunity to embrace refined island living in one of Waikiki’s most desirable residential towers.

1837 Kalakaua Avenue Unit 803, Honolulu

1700 Ala Moana Boulevard Unit 3604, Honolulu

$249,600

1 Baths ⋅ 202618622 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM ⋅ Waikiki Marina Condominium BLDG.

Enjoy elevated island living from this 36th-floor studio at Waikiki Marina Condominium. Unit 3604 offers sweeping ocean, marina and Diamond Head views from a prime location at the gateway to Waikiki. This fee-simple residence features 365 square feet of efficient living space with central air conditioning and secure keyed elevator access. Building amenities include a swimming pool, tennis court, whirlpool and community laundry. Ideally situated near Ala Moana Center, Ala Moana Beach Park, the Hawaii Convention Center, restaurants, shopping and the beaches of Waikiki. Whether used as a primary residence, second home or investment opportunity, this high-floor unit offers an exceptional combination of views, convenience and location.

1700 Ala Moana Boulevard Unit 3604, Honolulu

$769,000

2 Beds ⋅ 2 Baths ⋅ 202617877 MLS ⋅ FS - Fee Simple Tenure ⋅ 2 DOM ⋅ Waipuna BLDG.

Experience the best of Waikiki living in this fully renovated 2-bed, 2-bath residence in the highly sought-after Waipuna, which showcases ocean and Diamond Head views. No detail was spared in this meticulous, top-to-bottom renovation. The home features split A/C systems in every room. The spacious primary suite impresses with a dual-sink vanity, a large shower with bench seating, an upgraded shower system, and a spacious closet with abundant storage. The completely upgraded kitchen stands out with sleek high-gloss acrylic cabinetry, exceptional storage rarely found in comparable units, a multi-drawer pantry, lazy Susan, and pull-out corner cabinet systems. Stainless steel appliances and a modern layout create a clean, streamlined cooking experience. Additional upgrades include a brand-new washer/dryer, designer lighting throughout, new vinyl sliding windows, and more. Seller is offering credit at closing towards the piping project assessment.

469 Ena Road Unit 2304, Honolulu

$749,000

2 Beds ⋅ 2 Baths ⋅ 202618616 MLS ⋅ FS - Fee Simple Tenure ⋅ 2 DOM ⋅ Lanikea At Waikiki BLDG.

Investor Buyer - 30-days minimum rental allowed. Priced for your Buyer...motivated seller...Immaculate residence at one of Waikiki's most preferred luxury condos. Diamond Head side corner unit of only 4-units per floor. Newer Refrigerator, Dishwasher, Faucet Fixtures, Lighting Fixtures, Ceiling Fans and Remote-controlled Window Coverings, laminate flooring, washer and dryer in 2022. Freshly painted and professionally cleaned. Beautifully landscaped with tropical plants, pool, BBQ area in gated, secured private residence. Walking distance to all of Waikiki yet away from the traffic congestion.

421 Olohana Street Unit 904, Honolulu

1909 Ala Wai Boulevard Unit 806, Honolulu

$274,000

2 Beds ⋅ 1 Baths ⋅ 202618607 MLS ⋅ LH - Leasehold Tenure ⋅ 2 DOM ⋅ Royal Aloha BLDG.

Perfectly situated at the entrance to Waikiki, this rarely available 2-bedroom apartment offers city views and an excellent investment opportunity. Eligible for short-term rental (subject to applicable rules and regulations), this property presents a rare chance to generate vacation rental income in one of Honolulu's most sought-after destinations. Surrounded by convenience stores, popular restaurants, shopping, and entertainment, and just a short walk to world-famous Waikiki Beach, the location is ideal for both visitors and owners. Offered in AS IS condition, the unit provides the perfect opportunity to renovate, customize, and further enhance its value and rental potential.

1909 Ala Wai Boulevard Unit 806, Honolulu

$320,000

2 Beds ⋅ 2 Baths ⋅ 202617979 MLS ⋅ LH - Leasehold Tenure ⋅ 2 DOM ⋅ Royal Kuhio BLDG.

Enjoy ocean views from this two-bedroom, two-bathroom residence at Royal Kuhio. Located in the heart of Waikiki, the unit puts beaches, restaurants, shopping, and entertainment close by. Contact us for more details or to schedule a showing.

2240 Kuhio Avenue Unit 3204, 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.