Mililani Parkway — Townhomes on Keaoopua Street
Mililani Parkway is one of the larger townhome communities in Mililani, with 240 fee simple units spread across low-rise two-story buildings along Keaoopua Street. Built in 1989, these are among the newer townhome options in Mililani Town proper. The complex sits in a quiet pocket off Meheula Parkway near the southern end of Mililani, giving residents easy access to the H-2 freeway while still being within walking distance of parks, schools, and local shops.
Building Details
| Address |
94-402 Keaoopua St, Mililani, HI 96789 |
| Year Built |
1989 |
| Number of Units |
240 |
| Stories |
2 |
| Tenure |
Fee Simple |
| Style |
Low-Rise Townhome |
| Price Range |
$515,000 – $532,000 |
| Maintenance Fee |
~$415/month |
| Owner Occupancy |
40% |
| Pet Friendly |
No |
| FHA Approved |
No |
| Vacation Rentals |
Not permitted |
What It’s Like Living at Mililani Parkway
Mililani Parkway appeals to investors and owner-occupants alike. With a 40% owner-occupancy rate, there is a healthy rental market here, which makes it attractive for buyers looking to hold long-term rental property in a well-maintained Mililani location. The monthly maintenance fee of approximately $415 covers common area upkeep and includes access to a walking and jogging path that weaves through the complex. A resident manager is on-site, which helps keep things running smoothly day to day.
Units are two-bedroom layouts in two-story configurations, which is typical for Mililani townhomes built in the late 1980s. The fee simple ownership means no leasehold concerns and no ground rent, which is a big advantage for financing and long-term appreciation. Recent sales have landed in the $515,000 to $532,000 range, making it one of the more affordable townhome options in Mililani.
Location Highlights
- Off Meheula Parkway with quick access to the H-2 freeway
- Near Mililani Waena Elementary, Wheeler Middle School, and Mililani High School
- Walking distance to parks and green spaces
- Close to Mililani Town Center for grocery shopping and dining
- Short drive to Schofield Barracks and Wheeler Army Airfield
Why Buyers Like Mililani Parkway
For buyers who want an affordable entry point into Mililani real estate, Mililani Parkway delivers solid value. The 240-unit complex provides consistent inventory for both buyers and renters. The fee simple tenure and relatively low maintenance fees make it financially straightforward, and the proximity to the H-2 means commuters headed toward Pearl Harbor, Downtown Honolulu, or Schofield Barracks can get moving quickly in the morning.
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