3-Bedroom Waterfront Townhome for Sale in Moorings, Hawaii Kai

The $15,000 Rate Buydown Incentive at Moorings #2

A $15,000 credit toward a mortgage rate buydown is now being offered to buyers eyeing 6370 Hawaii Kai Dr #2, according to Hawaii Living.

The townhome, located in the Moorings community in Honolulu, has been listed at $1,079,000 as of November 8, 2026. This price follows a series of adjustments throughout the year, including a drop from $1,089,000 in late September and a previous listing of $1,150,000 in July.

The property is a 1,522-square-foot residence featuring three bedrooms and 2.5 bathrooms. It sits within a 64-unit community that was built in 1969 and offers a mix of fee simple and leasehold tenures, noting that the leasehold portion was set to lease up in 2024.

A Peninsula Lifestyle Near Maunalua Bay

The Moorings occupies a small peninsula, placing residents within one block of Portlock beach and steps from Maunalua Bay. The community is surrounded by calm marina frontage, providing water access for activities like kayaking and stand-up paddleboarding.

Beyond the immediate water access, the 64-unit development includes over five acres of landscaped grounds. These areas feature plumeria, hibiscus, and palm trees, and the community maintains a pet-friendly policy.

The unit itself underwent a kitchen remodel in 2016, which included the installation of granite counters and shaker cabinets. To manage utility costs, the property utilizes owned PV panels and split AC units.

Living in the Hawaii Kai marina area provides access to roughly 266 acres of open water and 12 miles of shoreline. For those looking to integrate a maritime lifestyle, the property description notes the potential to build a private boat dock.

Comparing Recent Market Activity

While the current asking price for unit #2 is $1,079,000, recent sales within the Moorings complex show a fluctuating market for similar three-bedroom configurations. The following table compares the current listing to recent transactions in the same community:

Property Unit	Bedrooms	Bathrooms	Sale Price	Sale Date
Moorings #3	4	3.5	$1,150,000	March 6, 2026
Moorings #19	3	2.5	$1.24M	February 4, 2026
Moorings #2	3	2.5	$939,000	August 20, 2022

The data shows that while unit #2 is priced at $1,079,000, other three-bedroom units have commanded higher prices, such as unit #19 at $1.24 million earlier this year. Conversely, the same unit (#2) sold for $939,000 in August 2022.

The Economic Realities of Marina Living

Owning a condo in this area involves high monthly costs beyond the mortgage. For Moorings #2, the monthly HOA fees are $1,099, supplemented by an additional $50 monthly fee. Property taxes are estimated at approximately $300 per month.

The HOA fees cover several services, including cable TV, internet, and water. Residents also have access to a community pool, a recreation area, a resident manager, and over 60 guest parking stalls.

Being close to shopping, restaurants, and Costco adds a layer of convenience in the Hawaii Kai area.