What should a buyer expect to receive for $925,000 in Hawaiʻi Kai in 2026?
The answer depends on more than the number of bedrooms or the price per square foot.
One property might provide extensive resort amenities but carry higher monthly expenses. Another might offer a larger interior but require considerable renovation. A detached home may include land and greater independence but require a larger budget and substantially more exterior responsibility.
The better comparison is the complete ownership package.
At 7018 Hawaiʻi Kai Drive #5-2 in Nanea Kai (MLS # 202609534), the current $925,000 asking price provides a combination that can be difficult to find in one East Oʻahu residence:
- Fee-simple ownership
- Approximately 1,466 square feet
- Three bedrooms
- Two full baths and one half bath
- A three-level townhome floor plan
- Central air conditioning
- A 201-square-foot one-car garage
- A second assigned open parking stall
- Marina and mountain views
- A 2003 construction date
- Newer luxury vinyl and ceramic-tile flooring
- Appliances installed in 2025
Three Bedrooms That Can Perform Different Jobs
The third bedroom is often discussed as a simple numerical feature. Its greater value may be flexibility.
A two-bedroom condominium may provide enough sleeping space but leave no suitable place for remote work, visiting guests, exercise, storage or creative activities. The result is often a desk in the living room, equipment in the dining area or a guest space that must be assembled and dismantled whenever someone visits.
A three-bedroom home allows the buyer to assign different purposes to different rooms.
One bedroom might be used for sleeping, another for guests and the third for work. The arrangement can later change as the owner’s needs change. A work room may eventually become a hobby room, media space or conventional bedroom.
The value is not simply that the home has more rooms. It is that the rooms can be used without requiring the main living area to serve every purpose.
Approximately 1,466 Square Feet—Arranged On Three Levels
Square footage matters, but layout determines how that space feels.
A three-level townhome distributes daily activities rather than placing them all along one hallway or within one open room. Living, working, entertaining and resting can occur in separate parts of the residence.
That separation can make 1,466 square feet function differently than the same area in a single-level condominium.
The stairs will not suit every buyer, particularly someone specifically seeking single-level living. For the right buyer, however, the levels can provide useful separation, privacy and a clearer distinction between shared and private space.
Central Air Conditioning
Central AC is not a decorative feature. It affects how the entire home can be used.
It can make remote work more comfortable, allow windows to remain closed when desired and provide consistent cooling across several rooms. For a multi-level property, whole-home cooling can also be more convenient than relying on portable equipment or a single room unit.
An 1-Car Garage Plus a Second Stall
Parking arrangements can materially change the daily experience of condominium ownership.
At #5-2, one vehicle can be parked in the attached garage and another in the assigned open stall. The garage also offers protected space for items associated with day-to-day life, subject to the association’s storage and use rules.
For a buyer leaving a high-rise or apartment-style condominium, an attached garage can feel like a substantial upgrade.
For a buyer considering a detached home, it provides practical parking without taking on an entire driveway, yard and standalone exterior.
A 2003-Built Low-Rise Community
Nanea Kai was built in 2003 and includes approximately 87 residences. That makes it newer than many condominium and townhome communities found throughout East Honolulu.
Age alone does not determine condition, and every buyer should review the physical property, association documents, insurance, reserves, meeting minutes and planned projects. Nevertheless, the 2003 construction date may appeal to buyers comparing Nanea Kai with communities built several decades earlier.A Hawaiʻi Kai Location Used Every Week
If I may suggest, lifestyle value is based less on resort amenities and more on practical proximity for most people.
The broader neighborhood provides access to the Hawaiʻi Kai Marina area, Costco, Safeway, City Mill, dining, professional services, parks, Koko Head recreation, hiking, beaches and ocean activities.
That can mean completing errands within the neighborhood, meeting friends for dinner nearby, taking a morning walk, hiking on the weekend or reaching East Oʻahu recreational destinations without first traveling across town.
The property is therefore best understood as a practical Hawaiʻi Kai lifestyle residence, not as a resort condominium.
What $925,000 Does Not Buy Here
An honest comparison should also explain what is not included.
This is not a detached home on its own parcel. It is not a single-level residence. Nanea Kai is not identified as a direct-waterfront project, and the project guide does not list a swimming pool, spa or private beach access.
The trade is intentional.
Instead of paying for a large amenity package, the buyer is prioritizing interior space, central AC, two total parking spaces with one in private garage, low-rise townhome living and a Hawaiʻi Kai location.
That may be the better combination for someone who expects to use the home’s rooms and parking every day but would rarely use a resort-style amenity deck.
Consider the Complete Monthly Picture
The asking price is only one part of affordability.
Buyers should consider the down payment, loan terms, property taxes, homeowner’s insurance, condominium insurance structure and monthly association fees. Current listing information reports total monthly fees of approximately $838, but all amounts and inclusions should be independently verified during due diligence.
The comparison should also include what the buyer receives for those expenses. A lower-priced property with one parking stall, no central AC and major renovation needs may not represent a lower total cost of ownership.
Similarly, an amenity building offered at the same purchase price may have significantly different monthly fees.
Priced Below the Reported Appraisal
The home is currently offered at $925,000, which is $10,000 below its reported June 2026 appraised value of $935,000. An appraisal is not a guarantee of market value or future resale price, but it provides an additional point of information for buyers evaluating the asking price.
The stronger reason to consider the property remains the complete package:
Three bedrooms. Approximately 1,466 square feet. Central AC. Garage parking plus a second stall. Fee-simple ownership. A low-rise Hawaiʻi Kai community. Shopping, recreation and East Oʻahu lifestyle options nearby.
“More room than a typical condo. Less upkeep than a house. Hawaiʻi Kai under $1 million.”
To see what $925,000 buys in person, contact me for a private showing at 808-728-1230 or jon.mann@hawaiilife.com…..Mahalo, Jon.
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