Homes/Hawaii/Honolulu/1212 Punahou Street
CompCasa Property Analysis · condo

1212 Punahou Street

Spacious 2-Bedroom Condo with Sweeping City & Mountain Views

Updated 981 SF unit at Banyan Tree Plaza with large lanai and covered parking

2 beds2 baths981 sq ftBuilt 19742.12 acrescovered parking
CompCasa valuation analysis
Estimated market value
$465,000
Low $450,000 · Midpoint $465,000 · High $480,000
Confidence85%Sales comparison approach
Last recorded sale$460,000Mar 31, 2025
Assessed value$529,4002024 assessment
CompCasa estimate$465,000Mar 6, 2026
Estimate vs. last recorded sale+$5,000 / +1.1%
$450,000$465,000 midpoint$480,000
Price / sq ft$474
Median sale price$500,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using recent sales within the building and nearby similar properties. Adjusted for unit size, condition, and floor level.

About the property

Spacious 2-Bedroom Condo with Sweeping City & Mountain Views

What stands out the moment you step into Unit 1805 at Banyan Tree Plaza is the lanai — a generously sized outdoor room that frames panoramic cityscapes and distant ridgelines. At 981 square feet this two-bedroom, two-bath condo delivers an airy, practical layout enhanced by recent cosmetic updates: vinyl plank flooring throughout, fresh paint, and well-maintained finishes that make the unit immediately livable while still leaving room for personal upgrades.

The living area extends to that large lanai, creating a comfortable indoor/outdoor living experience that Honolulu buyers prize. The primary bedroom and the second bedroom are sized for everyday life — each with easy access to full baths — and the plan supports both relaxed evenings and practical routines. Concrete construction and a flat roof are characteristic of the building, and this particular residence lacks built-in cooling but benefits from cross-ventilation and its elevated perspective.

Banyan Tree Plaza is an amenity-forward high-rise. Residents enjoy a swimming pool, a recreation room for gatherings, surfboard storage for weekend beach runs, secured entry, gated covered parking, and the convenience of an on-site resident manager. The building’s central Punahou location makes commuting straightforward: Kapiolani Medical Center, Shriners Children’s Hospital, and the retail and dining options at Ala Moana Center are all close by, while prestigious schools such as Punahou and Maryknoll sit within walking distance.

From an ownership standpoint, the unit’s recent cosmetic updates and clear maintenance make it attractive for owner-occupants who want a move-in-ready urban condo with outdoor living. Investors will note the strong rental demand in this corridor—proximity to hospitals and schools supports steady leasing, and recent sales activity inside the building provides a clear valuation range. Prospective buyers should confirm building-level details — maintenance fees, any special assessments, and the condition of original systems — as part of due diligence.

This unit offers a balanced Honolulu lifestyle: a practical, updated interior; a lanai that expands living to the skyline; and a location that puts schools, medical centers, shopping, and transit within easy reach. Schedule a walkthrough to experience the views and layout in person and to review building documents that will complete the ownership picture.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$340,000
Property address1212 Punahou St Apt 701, Honolulu, HI 96826
1 bed1 bath715 sq ftBuilt 19740 mi92,478 sq ft lot$476/SF
Sold Apr 25, 2025
Subject difference
  • 266 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
  • Similar lot size
  • Same year built
Research comparison noteSmaller unit with one bedroom; sold recently within the same building.
02Sold price$435,000
Property address1212 Punahou St Apt 2502, Honolulu, HI 96826
1 bed1 bath793 sq ftBuilt 19740 mi92,478 sq ft lot$549/SF
Sold Jun 4, 2024
Subject difference
  • 188 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
  • Similar lot size
  • Same year built
Research comparison noteOne-bedroom unit with slightly larger square footage; sold recently within the same building.
03Sold price$514,000
Property address1212 Punahou St Apt 3005, Honolulu, HI 96826
2 bed2 bath981 sq ftBuilt 19740 mi92,478 sq ft lot$524/SF
Sold Jan 15, 2025
Subject difference
  • Same living area
  • Similar lot size
  • Same year built
Research comparison noteComparable two-bedroom unit; sold recently within the same building.
Comp methodology: Focused on recent sales and rentals within the same building for maximum relevance.
Property details

A 1974 high rise on 2.12 acres.

Building

Year built1974
ConstructionConcrete
RoofFlat
Heatingnone
Coolingnone

Site & utilities

Lot size2.12 acres
Garagecovered parking
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notes2 bedrooms, 2 bathrooms, vinyl plank flooring, fresh paint, large open lanai with city and mountain views
Lot area92,478 sq ft
TopographyLevel
FrontageFrontage on Punahou Street
ParkingCovered
Parking spaces1
Parking notesOne assigned covered parking space
AccessAccess via secured building entrance and parking garage
WaterMunicipal
SewerMunicipal
ElectricHawaiian Electric
GasNone
Location & nearby

Punahou

Researched nearby locations

Punahou School (0.2 mi)
Maryknoll School (0.3 mi)
Kapiolani Medical Center (0.4 mi)
Shriners Children's Hospital (0.3 mi)
Ala Moana Center (1.2 mi)

Location

1212 Punahou Street, Honolulu, HI 96826

View in Google Maps
Editorial neighborhood context

Punahou blends academic prestige, medical convenience, and urban access. This stretch of Punahou Street places you within walking distance of private institutions like Punahou and Maryknoll, while major medical centers and hospitals cluster nearby. Ala Moana’s shops and restaurants are a short trip away for errands and evenings out. The neighborhood attracts families and professionals seeking stable streets, transit options, and proximity to central Honolulu destinations, offering a balanced island-city lifestyle.

Nearby access summary

Very good urban recreation access with nearby medical campuses, shopping at Ala Moana Center, on-site pool and rec room; city parks and coastal recreation are a short drive away.

ElementaryQueen Kaahumanu Elementary School (4/10)
Middle schoolPresident George Washington Middle School (7/10)
High schoolPresident William McKinley High School (4/10)
School districtHawaii Department of Education
Market context

A factual market snapshot around 1212 Punahou Street.

Median sale price$500,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation15.0%
Editorial market perspective

The Punahou corridor remains a seller’s market characterized by constrained inventory and consistent demand. Current market indicators show roughly 2.5 months of inventory and an average days-on-market near 30, signaling that well-priced condos move quickly. Median sale prices in the area sit around $500,000, with year-over-year appreciation at about 5% and five-year gains near 15%. Recent sales within Banyan Tree Plaza provide tight comps: one-bedroom units have closed in the low-to-mid $300ks to mid-$400ks range, while comparable two-bedroom sales in the building have transacted in the low $500ks; those comps produce a building-level price-per-square-foot band in the mid-$400s.

Condo product in this part of Honolulu is in steady demand from owner-occupants—especially families and professionals drawn to nearby medical centers and private schools—as well as from investors seeking stable rental streams. Lease comps in the building show one-bedroom rents around $2,000–$2,100; rental projections for a two-bedroom in this location average about $2,500 monthly, producing a gross rental yield near 6.4% based on current valuation estimates. With limited new supply and strong locational fundamentals, this is a market where prepared buyers act decisively. That said, buyers should review association finances, fee levels, and any pending capital projects prior to offer.

Zoning & land use

Apartment District

Zoning

Zoning codeA-3
DescriptionApartment District
JurisdictionCity and County of Honolulu
Assessor useResidential Condominium
Current useResidential
SetbacksPer city regulations for A-3 zoning

Research-indicated uses

  • Multi Family Residential
  • Accessory Uses
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$72,500
Assessed improvements$456,900
Total assessed$529,400
Assessment year2024
Annual property tax$1,194
Tax year2024

Sale history

2025-03-31$460,000 · $469/SF
1997-10-03$3,815,000 · $3889/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,000/mo
Property address1212 Punahou St Apt 701, Honolulu, HI 96826
1 bed1 bath715 sq ft$2.8/SF
Leased Jul 11, 2024
Subject difference
  • 266 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
Research comparison noteOne-bedroom unit rented recently within the same building.
02Monthly rent$2,100/mo
Property address1212 Punahou St Apt 2502, Honolulu, HI 96826
1 bed1 bath793 sq ft$2.65/SF
Leased Jun 20, 2024
Subject difference
  • 188 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
Research comparison noteOne-bedroom unit rented recently within the same building.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Built in 1974 with a total living area of 981 square feet
  • Recent sale on March 31, 2025, at $460,000
  • Assessed value for 2024 is $529,400 with annual taxes of $1,194
  • Amenities include a swimming pool, recreation room, and surfboard storage
  • Located near Punahou School, Maryknoll School, and Kapiolani Medical Center

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm unit's maintenance fees and any special assessments
  • Verify condition of original building systems and recent updates
  • Assess noise levels due to proximity to major roads
  • Review building's financial health and any upcoming projects
Highlights & features

What stands out about this property.

Interior Features

  • 2 bedrooms, 2 full bathrooms
  • 981 square feet of living space
  • Vinyl plank flooring throughout
  • Fresh interior paint
  • Large open lanai with city and mountain views
  • Concrete construction; flat roof
  • No central cooling (natural ventilation)

Exterior & Lot

  • Assigned covered parking (1 space)
  • Frontage on Punahou Street
  • Building acreage: 2.12 acres (lot size)
  • Secured building entry and gated parking

Location & Neighborhood

  • 0.2 mi to Punahou School
  • 0.3 mi to Maryknoll School
  • ~0.4 mi to Kapiolani Medical Center and nearby hospitals
  • 1.2 mi to Ala Moana Center shopping and dining
  • Easy access to public transportation and major highways

Walkability & Recreation

  • Walkability Rating: 78/100 — Very Walkable
  • Close proximity to schools, medical centers, and retail at Ala Moana
  • Nearby urban corridors provide sidewalks and transit access
  • Building amenities: swimming pool and recreation room
  • Surfboard storage on site
  • Community green spaces and city parks accessible within a short drive
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realtor.com listing for 1212 Punahou St Apt 1805View source
2
Hawaii Living listing for Banyan Tree Plaza #1502View source
3
Realtor.com listing for 1212 Punahou St Apt 701View source
4
Realtor.com listing for 1212 Punahou St Apt 3005View source
5
Hawaii Real Estate Search listing for Banyan Tree Plaza 1212 Punahou Street 2307View source
6
Compass listing for 1212 Punahou Street, Unit 1204View source
7
Realtor.com listing for 1212 Punahou St Apt 2502View source
8
Redfin listing for 1212 Punahou St #601View source
9
Hawaii Life listing for 1212 Punahou Street #3508View source
10
Zillow listing for 1212 Punahou St APT 1401View source
11
Hawaii House listing for Banyan Tree Plaza unit 701View source
12
Coldwell Banker listing for 1212 Punahou Street #705View source
13
Compass listing for 1212 Punahou Street, Unit 2502View source
14
Redfin listing for 1212 Punahou St #2307View source
15
Coldwell Banker listing for 1212 Punahou Street #3508View source
16
Compass listing for 1212 Punahou Street, Unit 705View source
17
Compass listing for 1212 Punahou Street, Unit 3607View source
18
Compass listing for 1212 Punahou Street, Unit 3105View source
19
Official website of Banyan Tree PlazaView source
20
Zillow listing for 1212 Punahou St APT 1004View source
21
Hawaii Real Estate Search listing for Banyan Tree Plaza 1212 Punahou Street 1108View source
22
Compass listing for 1212 Punahou Street, Unit 1206View source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.