Honolulu

Waikiki Sky Palace Nabs $14.5 Million In Record Condo Resale

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Published on January 13, 2026
Waikiki Sky Palace Nabs $14.5 Million In Record Condo ResaleSource: Google Street View

The Grand Penthouse at The Ritz-Carlton Residences in Waikiki has traded hands for roughly $14.5 million, setting the bar as the largest recorded condominium resale in Hawaii for 2025. The multi-level suite crowns the tower with sweeping Diamond Head and ocean views plus private rooftop perks, and local brokers say the eye-popping price signals that appetite for branded luxury living on Oahu is still running hot even as overall condo inventory grows.

According to Pacific Business News, reporter Nichole Villegas noted that the unit sold for about $14.5 million and ranked as Hawaii's top condominium sale of 2025, with the closing recorded in December of that year.

Public listings and property records identify the residence as MLS #202427867, with a $14,499,000 sale logged in late December 2025, per Hawaii.house and a Compass property history. Those records describe the condominium as a multi-level, three-bedroom home on the upper floors of the Diamond Head tower.

Penthouse features

The estate spans about 4,157 square feet and includes a lofted great room, formal dining area and a private rooftop retreat with a plunge pool and spa, according to the listing from Deep Blue HI. Deep Blue HI also highlights finishes such as Calacatta marble, rift-oak floors and Miele appliances, all stacked into a vertical layout that leans more sky estate than typical condo.

Where it fits in the market

While this resale stands as the highest recorded condo closing in Hawaii for 2025, the top of the market is already being pushed higher on paper. Howard Hughes Communities has reported luxury presales at Ward Village that include an individual residence selling for more than $40 million. Howard Hughes' announcement underscores how new-construction launches and branded projects are shaping the loftiest price comparisons.

Local agents say the Ritz-branded residences' full-service model and rooftop amenities help keep demand solid for penthouse-level homes and that this closing hands appraisers a fresh benchmark for similar properties in Waikiki. With this deal on the books, many in the industry are watching upcoming Ward Village closings and other high-end listings for clues to where 2026 pricing will land.