The Terraces at Launani Valley Condos for Sale — Mililani

The Terraces at Launani Valley — Townhome Living in Mililani

The Terraces at Launani Valley is a 150-unit townhome community located at 95-920 Wikao Street in the Launani Valley neighborhood of Mililani. Built in 1993 across 15 buildings on approximately 12.8 acres, this development offers spacious townhome-style living with mountain and garden views in a quiet, well-maintained setting.

Building Details at a Glance

Address	95-920 Wikao Street, Mililani, HI 96789
Year Built	1993
Buildings	15
Stories	3
Total Units	150
Ownership	Fee Simple
Zoning	R-5
Views	Garden / Mountain

Unit Types

The Terraces offers townhome-style units in 2- and 3-bedroom configurations, many featuring loft-style layouts with soaring ceilings, open floor plans, and private lanais. Some units include single-level ground-floor options with private yards along the Waikakalaua Stream.

Amenities

Swimming pool
Hot tub / spa
Tennis court
Exercise room
Clubhouse / event room
Recreation area
BBQ area

Explore Launani Valley

Terraces at Launani Valley Homes for Sale

$705,000

3 Beds ⋅ 2 Baths ⋅ 202616908 MLS ⋅ FS - Fee Simple Tenure ⋅ 50 DOM ⋅ Terraces At Launani Valley BLDG.

VA and FHA financing available! Spacious end-unit residence with lush green views, excellent natural airflow, and convenient access to military amenities. Located just a 14-minute drive from the Commissary, this move-in-ready home offers an appealing combination of comfort and convenience for military buyers. Freshly painted throughout and updated with brand-new vinyl flooring, a new oven/range, new refrigerator, new ceiling fans, and a brand-new split A/C system for efficient cooling. The upstairs end-unit layout provides a comfortable living environment with plenty of natural airflow and a peaceful, green setting. Enjoy nearby parks and walking paths, while being conveniently located near shopping, military bases, and the H-2 Freeway. A great opportunity for those looking for a comfortable home with easy access to military facilities and financing options.

95-976 Wikao Street Unit K304, Mililani

$680,000

3 Beds ⋅ 2 Baths ⋅ 202609916 MLS ⋅ FS - Fee Simple Tenure ⋅ 159 DOM ⋅ Terraces At Launani Valley BLDG.

$10,000 SELLER CREDIT AVAILABLE WITH ACCEPTABLE OFFER! Use toward buyer closing costs or an interest rate buydown, subject to lender guidelines. Beautifully renovated and surrounded by lush greenery, this spacious 3-bedroom, 2-bath end-unit townhome offers one of the most desirable layouts at Terraces at Launani Valley. Soaring ceilings and natural light welcome you into the open living and dining areas, while the updated kitchen features quartz countertops and newer stainless steel appliances. The primary suite is conveniently located on the main level with an ensuite bath, two closets including a walk-in, and direct access to a covered lanai overlooking a peaceful forest backdrop. A second bedroom and full bath are also on the main level, while the spacious upstairs loft with new carpet offers flexibility as a third bedroom, guest space, or home office. Enjoy two assigned parking stalls, a community pool, tennis courts, walking paths, and recreation areas. Just across the street, Launani Neighborhood Park offers a playground, basketball courts, and dog park. Convenient access to Schofield, Wheeler, JBPHH, H-2, Mililani Town Center, shopping, dining, and more!

95-930 Wikao Street Unit B304, Mililani

$670,000

3 Beds ⋅ 2 Baths ⋅ 202612242 MLS ⋅ FS - Fee Simple Tenure ⋅ 126 DOM ⋅ Terraces At Launani Valley BLDG.

Escape the hustle and discover one of Central Oahu’s hidden gems at the pet-friendly Terraces at Launani Valley, where peaceful living, lush surroundings, and everyday convenience come together. Wake up to breathtaking valley views and the soothing beauty of nature from your private lanai and bedrooms, with the Oahu Forest National Wildlife Refuge right next door creating a tranquil setting that feels worlds away while keeping you close to everything. Residents enjoy an incredible lifestyle with resort-style amenities including a swimming pool, tennis and basketball courts, playground, barbecue areas, and scenic jogging paths lined with mature trees. Just minutes from Mililani Town Center, Mililani Shopping Center, Waikele, Pearl City, and Honolulu, you'll also enjoy quick access to Wahiawa, Leilehua Golf Course, Haleiwa Town, and world-famous Laniakea Beach, where you can surf and spot Hawaii’s beloved green sea turtles. With easy freeway access and close proximity to Wheeler Army Airfield and Schofield Barracks, this sought-after community offers the perfect blend of serenity, recreation, and convenience.

95-920 Wikao Street Unit k302, Mililani

$599,000

2 Beds ⋅ 2 Baths ⋅ 202619454 MLS ⋅ FS - Fee Simple Tenure ⋅ 11 DOM ⋅ Terraces At Launani Valley BLDG.

Welcome home to the Terraces at Launani Valley! This spacious 2-bedroom, 2-bath ground-floor corner unit offers 1,121 sq. ft. of comfortable living space with high ceilings and plenty of natural light. Freshly updated in October 2026 with new vinyl flooring and interior paint, this home features a functional layout with an open and inviting feel. Step outside to your own private yard, perfect for relaxing, entertaining, or enjoying the outdoors. The property also includes two assigned parking stalls, one covered and one uncovered. Conveniently located near Schofield Barracks, Wheeler Army Airfield, Mililani Town Center, shopping, dining, and more. Enjoy the convenience of ground-floor living and the peaceful surroundings of Launani‌‌‌‌‌‌‌‌‌‌‌‌ Valley!

95-962 Wikao Street Unit G101, Mililani

$599,000

2 Beds ⋅ 2 Baths ⋅ 202613222 MLS ⋅ FS - Fee Simple Tenure ⋅ 111 DOM ⋅ Terraces At Launani Valley BLDG.

Impeccable style and over $100,000 in high end upgrades, this transformed home in desirable Terraces at Launani Valley radiates quality and pride of ownership! The custom kitchen features quartz countertops, extended cabinetry with soft close drawers, floating shelves, newer appliances, double convection oven, counter depth refrigerator with beverage center, wine fridge, and storage. The spa inspired primary bathroom features quartz countertops, custom cabinetry, frameless glass walk in shower, and built in bench. Fully upgraded windows and sliding lanai door! Premium carpeting and luxury vinyl plank flooring complete this turnkey single level residence with NO stairs from your full size parking stalls. Great opportunity to take advantage of a VA loan assumption at an attractive 5.625% interest rate with current rates above 7%! Current loan balance is $556,801.39, serviced by Navy Federal. Current PITI is $3,742.09 plus monthly maintenance fees. Buyer to qualify for assumption and have VA eligibility.Enjoy this pet friendly community with recently replaced roofs, pool, clubhouse, BBQ area, dog park, tennis and basketball courts, nestled in lush Launani Valley!

95-920 Wikao Street Unit A202, Mililani

$570,000

2 Beds ⋅ 2 Baths ⋅ 202619753 MLS ⋅ FS - Fee Simple Tenure ⋅ 5 DOM ⋅ Terraces At Launani Valley BLDG.

Nestled in serene Launani Valley, this upgraded 2-bedroom, 2-bathroom corner-unit condo in The Terraces at Launani delivers 1,056 sq ft of light-filled, single-level living space designed for turnkey comfort. Enjoy enhanced privacy, cooling trade winds, and outdoor relaxation on your private, oversized 126 sq ft covered lanai. Complete with 2 dedicated parking spots, this home also offers access to resort-style community amenities including a pool, clubhouse, BBQ areas, tennis and basketball courts and serene walking paths. Ideally situated in Mililani, minutes away from Schofield Barracks, Wheeler Army Airfield, and H-2 freeway access. Move-in-ready homes in this community are rare—schedule your private showing today!

95-982 Wikao Street Unit L203, Mililani

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.