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Second Homes & Vacation Rentals at the The Ritz-Carlton Waikiki

Did you know that The Ritz-Carlton Waikiki is zoned “Resort”? It’s one of very few buildings in Honolulu where owners can legally rent out their condos on a short-term basis. The Ritz-Carlton Waikiki offers studio, 1, 2 & 3 bedroom ocean view condos and penthouses that include rooftop decks. The property provides services and amenities that many people have come to expect from the Ritz-Carlton brand; pools, restaurants, a spa, and a state-of-the-art fitness center. While many of the owners choose to rent out their units, a portion of the owners simply have the condos as their second homes. With views all around and beautifully maintained property, owners and visitors stay in style whenever they stay at the Ritz-Carlton Waikiki.

pool at ritz carlton waikiki

One of three pools at the Ritz-Carlton Waikiki.

Ritz-Carlton Waikiki

Address: 383 Kalaimoku St, Waikiki, HI 96815 

Residences – 308 Units (Tower 1 -Completed in 2016) & 246 Units (Tower 2 – Completed in 2018) . Both towers include Studios, 1, 2, 3-Bedrooms, & Penhouses.

Available Ritz-Carlton Waikiki condos for sale

Pools – General and Adult infinity only pools with private cabanas

Dining & Shopping – Sushi Sho, Dean & Deluca, La Vie and Quiora. Small grocery store downstairs.

Spa -The Ritz-Carlton Spa

Fitness – 24 hr state-of-the-art fitness center with yoga studio and boxing equipment

Business Center – Apple iMac stations

Parking – Valet – Included for owners staying or living at the property

condos for sale at ritz carlton waikiki oahu

One of many different floorplans at the Ritz-Carlton Waikiki

Rental Options

Approximately 3% of the Ritz-Carton condos are owner-occupied. The remainder are used as second homes or are used as short-term vacation rentals. Owners who choose to rent their condos have the following options:

  • Short-term rentals through the Ritz-Carlton vacation rental program
  • Short-term rentals through an outside property management company
  • Long-term rentals (1 year or longer) – 3rd party property management company
views from penthouse at ritz carlton waikiki

Penthouse views!

Property Taxes

Property taxes on Oahu are based on usage. Owner-occupants, second homes, and vacation rentals are all taxed at different rates. When looking at listings at The Ritz-Carlton Waikiki, taxes may appear different for different listings, and the tax structure is the reason why. Once a buyer purchases a condo, their property tax structure may change.

people in the water at waikiki beach

Waikiki Beach

Thousand of visitors come to enjoy the blue ocean and the golden sand of Waikiki Beach. The Ritz-Carlton is a short distance from the beach and all that Waikiki has to offer.

Other Vacation Rental Properties on Oahu

  • The Ilikai
  • Beach Villas at Ko Olina
  • Waikiki Shore
  • Trump Tower Waikiki
  • Waikiki Sunset – Zoned Residential. Unit will need to have a Non-Conforming Use (NCU) Certificate. Only certain condos have them. NCU certificates that allow regular homes and condos to be rented on short-term basis are no longer issued and can’t be obtained for any unit that doesn’t already have one.)
  • There are also a few other options.

If you have any questions about the Ritz-Carlton Waikiki or Vacation Rental Properties on Oahu, please don’t hesitate to contact me.

Kinga Mills | 808-722-3985 | kingamills@hawaiilife.com

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About the Author

Kinga Mills

Kinga Mills is a REALTOR Associate, Luxury Portfolio Affiliate, Military Relocation Professional with Hawai'i Life. I adore Hawaii, its people, and the natural beauty that surrounds me. I live on Oahu. It's a pretty incredible place to call home. There is a little bit of everything here. From pristine beaches and quiet neighborhoods to the trendiest of restaurants in the urban Honolulu. I simply love Oahu and the variety it offers. My real estate career allows me to enjoy the Island life, and to work with some amazing people. With over a decade of experience and hundreds of closed sales, I provide my clients with expert buying and selling advice. My goal for clients is to enjoy the process, while my team and I handle the details. As a member of the Hawaii Life Military Specialized Team, I regularly provide real estate assistance to active-duty military personnel who are PCSing to Hawaii, to the mainland, or overseas. For the Luxury Real Real Estate buyers and sellers, I am affiliated with Luxury Portfolio International and Forbes Global Properties. These exclusive affiliations extend an even greater reach, exposure, and effectiveness within the global luxury marketplace. In my time off, I love walking along the beach, enjoying meals out on the town, and taking family vacations. Sign up for my Oahu Hawaii Life blog updates and follow my journey. You can also find me on HGTV "Hawaii Life" Season 14. I look forward to helping in making your Hawaii Life real estate dreams happen! You can email me at KingaMills@HawaiiLife.com or via phone at (808) 722-3985.

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