Hawaii’s Luxury Condos
Built approximately 50 years ago, the highrise condominium and co-op residences of the Gold Coast are timeless classics, unique among Hawaii’s upscale apartment developments. Each of the 17 highrise structures that occupy this prized half mile of coast between the ocean and Diamond Head has its own distinctive style of architecture. Many were designed by noted architects of the period.
Among the attractions and conveniences of the area are, of course, the sandy beaches and calm waters of Waikiki, as well as the many prime surfing spots that line the offshore reef. Across Kalakaua Avenue is Kapiolani Park with tennis courts and shady areas for picnicking. The entire neighborhood is conducive to jogging, bicycling, and dog walking. Within walking distance of the residences are two private clubs and oceanfront restaurants.
As a residential neighborhood, the Gold Coast can never be duplicated due to current zoning restrictions…which makes its real estate even more valuable as time passes. Buildings have been upgraded over the years. Owners, buyers, and investors have expended millions of dollars in renovating and, in some cases, completely remodeling apartments.
A unit in the Coral Strand, currently offered by Kahala Associates Realtor Dawn Soderquist Okano, is a case in point. The owner, an interior designer, has given the two bedroom, two bath, 1,456 square foot apartment a totally new look. The interior has been finished with Brazilian walnut flooring, mahogany cabinetry, and quartz countertops. The kitchen is equipped with top-of-the-line, state-of-the-art appliances.
Soderquist describes bathrooms as having “a sleek clean look” with white marble flooring and wall mounted toilets.
“One of the unique features of this apartment is a second bedroom designed with authentic tatami matting inset in the hard-wood floor and shoji doors. The owner also installed high quality Fleetwood floor-to-ceiling sliding glass doors that open the apartment up to the outdoors and ocean view.
“There are wonderful views from all parts of the apartment. Looking out across Kalakaua Avenue and Kapiolani Park, you have a direct view of Diamond Head…you feel as though you could reach out and touch it.
“The Coral Strand, which is an upgraded co-op, has a number of unique features. It’s one of only three on the Gold Coast with a swimming pool; from the pool deck, which is bordered by a grassy lawn area, the ocean is accessible through an iron gate.
Residents of the building tend to lead an active lifestyle and make use of storage provided for surfboards, paddle boards, kayaks, and bicycles.”
Soderquist noted that approximately half of the 45 units in the nine-story building are occupied by full time residents, the others by second home owners. She observes that Gold Coast residents take a proprietary interest, not only in their own building, but in the neighborhood in general. “They consider it a privilege to live here,” she said.
Coral Strand Apartment 704 is priced at $1,725,000 fee simple inclusive of one assigned covered parking space. Dawn Soderquist Okano is showing it by appointment.