The Ala Wai Canal was dredged and constructed in 1928 as Waikiki was being developed. Since Waikiki was originally marsh land, there needed somewhere for all the water to drain coming down from the inland valleys of Manoa and Palolo. It was since become the buffer or delineation point for Waikiki on the mauka (mountain) side. Most of the Ala Wai Boulevard flows from east to west as a one say street. After you cross McCully Bridge, then Kalakaua Ave., the canal and Ala Wai Boulevard veer to the left. Only once you cross Kalakaua Ave. on the Makai (ocean) side does the road turn back to two lanes.
Most of the real estate along the Ala Wai is made of up condominiums, however there are also some apartment buildings (single owners) and condotels. Entry prices start around $200k +/- for a studio condotel and run as high as a few million dollars at The Watermark.
One of the perks of living on Ala Wai Boulevard is enjoying the views and activity along the canal itself. On a daily basis you can see people paddling their canoes, kayaks and even some rowing skulls can be seen on occasion. There's nearly a dozen local canoe clubs that call the Ala Wai home. Below you'll find the latest listing for sale on Ala Wai Blvd. If you have any interest in buying or selling something along the Ala Wai in Waikiki, feel free to contact us for more information.
Welcome Home to The Watermark Waikiki! Come experience luxury island living at its finest. This beautiful high-floor corner residence features 2 bedrooms, 2 bathrooms, hi...
Listing courtesy of Luxury Homes International.
Vacant and easy to see. Fully insured with Hurricane coverage and with recently completed sewer pipes replacement, exterior painting and spalling repairs. Updated recreat...
Listing courtesy of Chaney Brooks Residential LLC.
Wondering opportunity to purchase this condo at a great price! Schedule a showing today! One of the few legal short term rentals available. This is a LEASEHOLD unit.
Listing courtesy of TLC Realty LLC.
Move right into this beautifully renovated and fully furnished studio at Fairway Villa in the heart of Waikiki! Modern updates give the space a fresh, stylish feel, while...
Listing courtesy of Hawaii Life.
High-floor unit offering ocean and mountain views with cool tradewinds flowing through the unit. This unit has been tenant-occupied for many years and presents an opportu...
Listing courtesy of Bob Tanaka Inc.
Wake up to the Pacific Ocean outside your bedroom window & end the day taking in the coastline from your private lanai. The Watermark #1902 offers 1,112 square feet of in...
Listing courtesy of Hawaii Modern Realty.
VA ASSUMABLE LOAN t 2.75%! Experience sweeping ocean views from this high-floor corner unit, located in a prime location along the Ala Wai Canal in Waikiki. Freshly pai...
Listing courtesy of REMAX Hawaii.
Discover this stunning HIGH FLOOR 2-bedroom, 2-bath luxury unit with 2 dedicated parking spaces in a secure garage. Floor-to-ceiling windows offer breathtaking panoramic...
Listing courtesy of H2O Watermark Pacific Prop LLC.
Waikiki luxury residence with fabulous views of ocean, Magic Island and Ala Moana Beach Park. The combined unit (3005 & 3006) is 2198 sq ft 3 bedroom, 3 and a half bath ...
Listing courtesy of Help-U-Sell Honolulu Prop..
Welcome home to this spacious two-bedroom, two-bath residence offering comfortable island living with a long lease through 2050! The generous floor plan provides plenty o...
Listing courtesy of Jeffrey Samuels Realty.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.