From $475,000 — eligibility required
Pre-sale
Malu Koa West
Walea
Malina
Nanea
Luana
Mau Loa
Puaola
Lau Leʻa
Waioha
Waioha and Waioha II detached condominium homes; resale guide.
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Keʻolu is Castle & Cooke’s affordable condominium townhome series in Koa Ridge, Central Oʻahu. One-, two-, and three-bedroom designs provide 565–896 square feet of interior living area. This is a City and County of Honolulu affordable-housing purchase, with qualification and ownership requirements that differ from Koa Ridge’s market-priced homes.
The developer’s current inventory lists fee-simple homes from $475,000 to $643,828. The lowest listed price is for a one-bedroom Plan B1; two-bedroom homes in the table start at $545,000 and three-bedroom homes at $615,000. These prices describe specific available units and may include options and upgrades. The broader price bands elsewhere on the developer’s website do not replace a current home-specific quote.
The published schedule separately identifies 15 square feet of exterior storage for C1 and E. Compare the exact entry arrangement, bedroom separation, storage, parking assignment, and outdoor-use rights. A five-square-foot difference between two plans is often less useful than understanding where the windows, entry, and bathrooms sit.
The developer’s Keʻolu Information Center sets out the application process. Its stated requirements include being at least 18, a U.S. citizen or resident alien, domiciled in Hawaiʻi with a bona fide intent to occupy the affordable home, and able to qualify for financing. Household income must meet the program’s limits, and the rules restrict majority ownership of residential property during the year before application through closing.
Review the current application packet and City forms with the sales team before applying. The information-center webpage still labels its displayed income table as 2025; those numbers should not be assumed to establish current eligibility. Confirm the applicable income year, household calculation, and documentation requirements for your application.
Household size also affects the unit type you may purchase. The developer’s FAQ says a single-person household cannot purchase a two-bedroom unit under this program. Mortgage prequalification and affordable-housing approval are separate steps; one does not establish the other.
The developer describes a ten-year restriction period governing transfer, use, and sale. During that period, the City may exercise its buyback rights or require a sale to an approved qualified purchaser under the program’s terms. The FAQ states there is no shared-appreciation-equity requirement with the City, but that does not remove the separate transfer restrictions.
Read the actual recorded restrictions and purchase documents before deciding whether Keʻolu fits your expected ownership period. An affordable home should be assessed as a place to live within the program’s rules, rather than as an unrestricted substitute for a market-priced investment property.
The developer’s FAQ publishes estimated maintenance fees of $378–$380 a month for one-bedroom homes, $509–$513 for two-bedroom homes, and $598 for three-bedroom homes. These are published estimates, not a guarantee of the current bill. Request the latest unit-specific budget and confirm whether Koa Ridge master-association charges, insurance, utilities, and other assessments are additional.
Compare the full monthly cost with Lau Leʻa or Walea II, while accounting for their different purchase rules, floor areas, and parking arrangements. A lower purchase price is only one part of the decision.
Keʻolu is part of Castle & Cooke’s master-planned community near Waipiʻo and Mililani. Parks, the Hoʻāla Trail, and future shops and services form part of the wider plan. Check the routes and facilities open near the selected building; the full 7.5-mile trail vision and future commercial spaces are not all completed amenities for every home.
We can help you compare the published layouts and current inventory, organize questions for the affordable-housing application, and review the costs and responsibilities of the homes you are considering. See the Keʻolu brochure for the developer’s plan collection.
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