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The Watermark

The Watermark

The Watermark
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

1551 Ala Wai Blvd
Honolulu, HI 96815
199 Units
38 Stories
2008 Year Built
$911K - $2.5M Value Range

Available Units

For Sale
For Rent

Highlights

  • Concierge
  • Ocean Front
  • Fitness Center
  • 24-Hour Security
  • Heated Pool
  • Gated Community

Modern luxury living in the heart of Waikiki

The Watermark stands as a prominent fixture in Waikiki's skyline, offering a blend of luxury and convenience. Completed in 2008, this 38-story condominium tower, designed by Guerin Glass Architects, houses 198 upscale residences. Its location at the entrance of Waikiki provides residents with easy access to the area's renowned beaches, shopping, and dining experiences. The building's sleek, contemporary design features a symmetrical grid facade with recessed balconies, embodying the modern architectural style prevalent in Honolulu's evolving cityscape.

Elegant residences with breathtaking views

The Watermark offers a range of spacious layouts to suit various lifestyles. The condominium features 2 to 3-bedroom units, with sizes spanning from 1,081 to 2,199 square feet. Two-bedroom residences, priced from $965,000 to $1,510,000, offer up to two full and two half bathrooms. For those seeking more space, the three-bedroom units, ranging from 2,198 to 2,199 square feet with 3 to 3.5 bathrooms, are available from $2,380,000 to $3,000,000. Many units boast floor-to-ceiling windows, providing panoramic views of the ocean, marina, Ala Wai Canal, and the Honolulu cityscape. The interiors are thoughtfully designed with high-end finishes, including engineered wood flooring, African mahogany cabinetry, and Brazilian granite countertops. Kitchens are equipped with Viking appliances, catering to culinary enthusiasts. Select units feature upgrades such as custom window coverings with motorized remote control blackout and solar shades, adding an extra layer of comfort and convenience. Primary suites often include walk-in closets and spa-like bathrooms with heated toilet seats, travertine flooring, and mosaic marble tiled showers. Many residences also offer spacious lanais, perfect for enjoying Honolulu's year-round pleasant weather and stunning sunsets.

Resort-inspired amenities for luxurious living

The Watermark provides an array of amenities designed to enhance residents' lifestyles. The centerpiece is a heated saltwater infinity pool surrounded by lush tropical landscaping, offering a serene retreat within the bustling city. Adjacent to the pool, residents can unwind in the hot tub or relax in the sauna after a workout in the well-equipped fitness center. For those who enjoy outdoor entertaining, the property features multiple barbecue areas and pavilions, perfect for gatherings with friends and family. The beautifully landscaped grounds include walking paths, water features, and a tranquil pond, creating a peaceful oasis within the urban environment. Indoor amenities cater to various interests and needs. A library and media room provide quiet spaces for relaxation or work, while a meeting room is available for business or social gatherings. The building also offers Wi-Fi in common areas, ensuring connectivity throughout the property. Security and convenience are prioritized at The Watermark, with 24-hour security personnel and a concierge service to assist residents with their daily needs. The property also provides ample guest parking and storage facilities for bicycles and surfboards, accommodating the active lifestyles of many residents.

A vibrant locale at the crossroads of Waikiki and Ala Moana

The Watermark's location offers residents the best of Honolulu's urban amenities while maintaining proximity to its natural beauty. Situated at the entrance of Waikiki, the condominium provides easy access to the area's world-renowned beaches, including Waikiki Beach and Ala Moana Beach Park. The latter, just a short walk away, offers a large stretch of sand, calm waters for swimming, and green spaces for picnics and outdoor activities. Shopping enthusiasts will appreciate the proximity to Ala Moana Center, the world's largest open-air shopping mall, featuring a mix of luxury brands, local boutiques, and diverse dining options. For those seeking a more intimate shopping experience, the nearby Luxury Row showcases high-end designer boutiques in a sophisticated setting. Culinary options abound in the neighborhood, catering to various tastes and occasions. La Mer, located at the nearby Halekulani Hotel, offers an exquisite French dining experience with ocean views. For a taste of Italy, Taormina Sicilian Cuisine serves authentic Southern Italian fare in an elegant setting. Those looking for a more casual atmosphere with a touch of Hawaiian culture might enjoy House Without A Key, known for its live Hawaiian music and hula performances. Outdoor enthusiasts can take advantage of the numerous parks in the area. The Ala Wai Canal provides a scenic route for jogging or leisurely walks, while Fort DeRussy Beach Park offers a less crowded alternative to Waikiki Beach, complete with picnic areas and grassy spaces. The neighborhood's vibrant atmosphere is complemented by various events and activities throughout the year, adding to the area's dynamic cultural scene.

Effortless connectivity in a walkable urban paradise

The Watermark's location in the heart of Honolulu offers residents exceptional accessibility to various transportation options. The neighborhood's high walkability means that many daily errands and leisure activities can be accomplished on foot, with numerous restaurants, shops, and beaches within easy walking distance. For those who prefer cycling, the area is very bike-friendly, with dedicated bike lanes and paths connecting major points of interest. The Biki bike-sharing program, with stations throughout the neighborhood, provides a convenient option for short trips or leisurely rides along the coastline. While public transit options are available, many residents find that the central location reduces the need for frequent use of public transportation. However, for longer journeys or trips to other parts of the island, ride-sharing services and taxis are readily available. For those with cars, The Watermark offers secure parking facilities. Major thoroughfares such as Ala Moana Boulevard provide easy access to downtown Honolulu and other parts of the island. The H1 Interstate, located just north of Waikiki, connects to other major highways, facilitating travel across Oahu. When it comes to air travel, Daniel K. Inouye International Airport is approximately 9 miles away, or about a 20-minute drive, making it convenient for frequent travelers or those receiving out-of-town guests. The Watermark's location strikes a balance between walkability and easy access to various transportation options, allowing residents to enjoy the vibrant urban lifestyle of Waikiki while maintaining the flexibility to explore the broader island with ease.

Available Condos

Building Details

Views

  • Ocean
  • Marina
  • Coastline
  • City
  • Mountain
  • Garden

Recreation

  • Fitness Center
  • Heated Pool
  • Community Pool
  • Community Spa
  • Recreational Area
  • Jogging Path
  • Trails

Outdoor Features

  • Ocean Front
  • Home fronts a canal
  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch

Amenities

  • Concierge
  • Doorman
  • Sauna
  • Clubhouse
  • Meeting Room
  • Community Storage Space
  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Parking

  • 2 - 3 Parking Garage Spaces Per Unit
  • 2 Car Garage
  • Guest Parking
  • On-Street Parking
  • Open Parking
  • Assigned Parking
  • Secure Parking

Pet Policy

  • Call for details about the types of pets allowed

Condo Association

  • Association fees include common areas, hot water, internet, sewer, water
  • The Watermark Condos
  • Waikiki Subdivision

Building Design

  • Fire Sprinkler System
  • High-Rise Condominium
  • Trash Chute
  • Secure Elevator

Unit Information

Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
Sq Ft
1,112
1,113
1,113
1,118
1,112
1,112
1,112
1,113
1,112
Price
$1,199,000
$1,249,000
$1,290,000
$1,250,000
$1,290,000
$1,450,000
$1,539,000
$1,520,000
$1,548,800
Price / Sq Ft
$1,078 / Sq Ft
$1,122 / Sq Ft
$1,159 / Sq Ft
$1,118 / Sq Ft
$1,160 / Sq Ft
$1,304 / Sq Ft
$1,384 / Sq Ft
$1,366 / Sq Ft
$1,393 / Sq Ft
List Date
04/15/2025
03/31/2025
04/28/2025
03/18/2025
03/10/2025
04/23/2025
02/12/2025
04/24/2025
02/11/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
1,335
Est. Values
$1,030,175
2 Bedroom Units
Sq Ft Range
1,081 - 1,275
Est. Values
$911,199 - $2,431,080
3 Bedroom Units
Sq Ft Range
2,198 - 2,199
Est. Values
$1,924,043 - $2,459,491
All Units
Sq Ft Range
1,081 - 2,199
Est. Values
$911,199 - $2,459,491

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Very Bikeable

Bike Score®

83 / 100

Walker's Paradise

Walk Score®

93 / 100

Excellent Transit

Transit Score®

74 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$967K - $2.4M
Range of Taxes in Building
$650 - $19,414
Range of Taxes per Sq Ft
$0.54 - $10.61

Property Tax History

Source: Public Records

Building Team

Developer
Intracorp San Diego, LLC
Architect
Guerin Glass Architects
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.