Crescent Lane Phase I — Affordable Townhomes in Mililani Mauka
Crescent Lane Phase I is part of a larger townhome development along Makaikai Street in the heart of Mililani Mauka. This particular phase consists of 44 fee simple units built in 1994, and it represents one of the more affordable entry points into the Mililani Mauka community. With prices that have historically ranged in the low $500s, Crescent Lane attracts a mix of first-time buyers, investors, and military families looking for a practical home base in central Oahu.
The two-story townhome layout is compact but functional, with units offering one- and two-bedroom configurations. Each unit comes with two assigned parking stalls, which is a nice feature given that parking can be tight in many townhome communities. The buildings are wood frame construction on concrete slabs, typical of mid-1990s Mililani Mauka developments. The community includes walking and jogging paths, and residents have access to the broader Mililani Mauka community amenities.
Living in Crescent Lane — The Day-to-Day
Mililani Mauka is the newer, uphill extension of Mililani Town, and Crescent Lane sits in a convenient pocket of the neighborhood. Mililani Mauka Elementary School is the zoned elementary and is within walking distance for many residents. Mililani Middle School and Mililani High School serve older students and are located in the broader Mililani area, accessible by a short drive down the hill.
Daily errands are straightforward. The Town Center of Mililani is a short drive away, and the Mililani Shopping Center on Meheula Parkway provides grocery shopping at Foodland, along with banks, restaurants, and other essentials. The H-2 freeway is easily accessible, making the commute to Schofield Barracks, Wheeler Army Airfield, Pearl Harbor, or Honolulu manageable depending on traffic patterns.
Two important considerations for buyers: Crescent Lane Phase I has a no-pets policy, so pet owners will need to look elsewhere. The owner-occupancy rate is around 27%, which is on the lower side. This means the majority of units are rentals, which can affect community dynamics and may impact certain loan programs. Buyers should verify current VA and FHA approval status with their lender, as neither is currently approved according to available records.
Crescent Lane Phase I Community Details
| Location | 94-1144 Makaikai Street, Mililani, HI 96789 |
| Year Built | 1994 |
| Number of Units | 44 (Phase I) |
| Stories | 2 |
| Tenure | Fee Simple |
| Style | Low-Rise Townhome |
| Pet Friendly | No |
| FHA Approved | No |
| VA Approved | Contact lender for current status |
| Maintenance Fee | $541 – $544/month |
| Owner Occupancy | Approximately 27% |
Unit Types at Crescent Lane Phase I
- 1-Bedroom / 1-Bath — Approximately 491–494 sq ft, compact layout ideal for singles or couples
- 2-Bedroom / 2-Bath — Approximately 730–785 sq ft, two-story layout with additional living space
Community Features
- Walking and jogging paths
- Two assigned parking stalls per unit
- Guest parking available
- Fee simple ownership
- In-unit washer and dryer
- Dishwasher included
- Access to Mililani Mauka community amenities
Why Buy at Crescent Lane Phase I?
The primary appeal of Crescent Lane Phase I is affordability. In a real estate market where prices on Oahu continue to climb, finding a fee simple townhome in a well-maintained Mililani Mauka neighborhood in the low-to-mid $500s is noteworthy. The in-unit washer and dryer, dishwasher, and two parking stalls add practical value that you do not always find at this price point.
For investors, the low owner-occupancy rate and steady rental demand in Mililani Mauka make this an attractive option. The maintenance fees are moderate at around $541 to $544 per month, covering common area upkeep and shared expenses.
Military families stationed at Schofield Barracks will appreciate the proximity — the base is just a few minutes up Kuahelani Avenue and Kamehameha Highway. Wheeler Army Airfield is similarly close. For those commuting to Pearl Harbor or Honolulu, the H-2 freeway connection keeps drive times reasonable outside of peak rush hours.
Schools Nearby
- Mililani Mauka Elementary School
- Mililani Middle School
- Mililani High School