PARK LANE REAL ESTATE GUIDE

PARK LANE REAL ESTATE GUIDE

Park Lane is an extravagant condominium complex developed by the Kobayashi and Mac Naughton Groups adjacent to the Ala Moana Shopping Center.

Units have a single-family home feel with all the luxurious amenities of a high-end condominium center.

This development has 219, 1-4 BR units spread across 7 or 8 story buildings.

Neighborhood Overview

Neighborhood: Ala Moana

Ala Moana is a residential and beach community at the center of Honolulu with low and high-rise condominiums. Homes have a median listing price of $869,000.

Its crowing jewel, the Ala Moana Beach Park, is 76-acres of calm turquoise waters, pristine white sand beaches, bike paths, picnic areas, and recreation. 

Residential Development: Ala Moana Center

Park Lane is attached to the world-class Ala Moana shopping center by a private elevator. This beautifully designed center has over 350 retailers and dining options.

Shoppers can explore four different department stores, unique boutiques, and over 160 eateries. The center highlights its Hawaiian roots – offering hula and ukulele performances.

Attractions in the area

Ala Moana Beach Park, the Magic Island Lagoon, and the Kaka'ako Waterfront Park are all scenic beach locations nearby.

Residents can also enjoy sport fishing, scuba diving, and Hawaii's Children Discovery Center.

Retail alternates to the Ala Moana Shopping Center include the Ward Village Shops and the South Shore Market.

Park Lane Overview

Construction

World-renowned architect Vladimir Ossipoff designed the Park Lane development. 

The complex, completed in 2017, has seven buildings, each 100 feet tall with six stories. Residential units are on floors 3-8.

Listings and Prices

Park Lane has one single-family and fourteen condos/townhouse newly-listed properties.

The list price for the single-family home is $12,745,000 ($3,645/sq.ft.) for a 4 BR, three bath unit.

Listings for condos/townhouses range from $1,700,000 ($1,762/sq.ft.) 1 BR, one bath units to $12,745,000 ($3,645/sq.ft.)  4 BR, 3 bath residences.

There have been no homes sold within the past year.

Maintenance Fees

Maintenance fees at Park Lane are $1.27/sq.ft.  that includes Cable TV and other common expenses.

Amenities

Property amenities

Park Lane has excellent amenities that make residents feel as if they're at a luxury resort. Here is an overview of its property amenities:

Services

·       Valet

·       Parcel acceptance and delivery

·       Concierge

·       Secure storage

·       Beach services

·       Planning services

·       24/7 security

·       Monthly monitoring and inspection

·       Grocery delivery

Lobby Level Amenities

·       Club Lounge with lanai and fire pit

·       Private wine bar and wine storage room

·       Catering kitchen with wine bar

·       Dining lounge with a wet bar and fire pit

·       Conference room

·       Movie theater

·       Package, dry cleaning, and refrigerated storage

·       Mailroom

·       Club level pool and deck

·       Electric cart parking

·       Dog park

Club Level Amenities

·       Spa areas

·       Outdoor whirlpool spa/cold rain shower

·       Fitness studio, activity lawn, yoga, and movement studios

·       Massage and treatment rooms

·       Gardens and pool deck

·       Chaise lounge lawn

·       Cabanas with barbeques

·       Children's playground

·       25-by-75-foot lap pool and leisure lanai

·       Pool deck

·       Three private guest suites

Parking

·       Located on the 3rd and 4th floor

·       Most parking is near residences

·       34 residences with private garages

Unit Amenities

Each unit comes equipped with high-end features. While each place is different, many of them include: 

·       High-quality soundproofing

·       Protection from natural light

·       10 ft built-out ceilings in all residences except for "Club Residences," which have 9 ft built-out ceilings

·       Dedicated storage room (2BR or larger)

·       Balconies with BBQ stations for most units

·       Private courtyards, pools, and hot tubs ( some 3rd-floor residences)

Layouts

There are seven main layout options at Park Lane, each with different amenities. Here is an overview of each:

Sky Residences

These 3 BR units are in buildings 3-8 on the 7th-8th floors. All residences are set in each structure's back end and have terrific ocean views, some with excellent mountain views.

Ocean Residences

These 3 BR residences are on the 3rd-7th floors of buildings 3-8, and the 8th floor of buildings 2, 7, and 8. Units are in the front section of the building, closest to Ala Moana Blvd. They have the best panoramic ocean views, particularly from higher floors.

Park Residences

Each of these 4 BR units is on the 5th floor of buildings 3-8. These residences have private parking garages. They are away from Ala Moana Blvd. at the back of each structure along Park Lane.

Island Residences

Island Residences have 2 BR + a den on the 6th floor and 3 BR on the 3rd and 4th floors of buildings 3-8. Some units have a private pool and attached car garage and are at the back of each structure.

Courtyard Residences

Courtyard units are in buildings 2 & 3 on the 3rd-5th floor and buildings 2-8 on the 6th-8th floors.

Many units mostly face the opposing Park Lane structure, but there are ocean views at an angle. On the lower floors, there are tropical landscaping views.

Units on the 3rd floor have a private yard with a pool.

Club Residences

All Club Residences are in building one. Units include 1 BR, 1BR+ DEN, and 4x2 BR options. Most residences have views of the Piikoi St. buildings. However, there are some ocean views at an angle.

These units have Park Lane's lowest prices.

Grand Penthouses 

Grand Penthouses are on the 8th floor of buildings 2, 3, & 5. There are only three units, each with 5,000-6,500 square feet of space.