1/9/21: Castle & Cooke Hawaii Announces Lottery Release of Nanea Single Family Homes See Prices and How to Apply.
The Koa Ridge master plan is being brought to life by developer Castle and Cooke Hawaii, a household name Oahu residential development whose portfolio includes many Mililani and Mililani Mauka neighborhoods. Nestled in the sleepy Waipio community of Central Oahu, the Koa Ridge project will soon become one of a three hot spots for new homes on Oahu over the course of the next decade and will play an integral role in relieving the intense Oahu housing shortage. We'll see dynamic array of home types ranging from condos, townhomes, single family homes, and senior housing.
For Koa Ridge Updates like Lottery Release Alerts, Floor Plans, and Official Prices, be sure to join the KOA RIDGE INTEREST LIST
12/3/20: It's been a tumultuous year but for Developers Castle & Cooke Hawaii, 2020 is arguably the pinnacle of their residential development timeline after welcoming the very first Homeowner's to the neighborhood after a decade of planning. Phases 1 and 2 of Nanea at Koa Ridge are complete. Luana at Koa Ridge currently sees Phase 1 & 2 nearly complete, with Phase 3 of Nanea rumored to announce in January 2021. We should also see the very first townhomes released via the Malina phase in 2021 as well.
The Neighborhood
Central Oahu has long been pinned as one of the top family friendly communities on Oahu which is why Koa Ridge took a thoughtful approach to developing the neighborhood with "Ohana" and "Community" at it's core. The heart of the neighborhood will feature the "The Village" and "Koa Ridge Gateway," offering a plethora of retail, cafe, and dining opportunities, not to mention a community center for events, a medical center and an elementary school.
Parks, green belts, and open spaces for exercise and outdoor gatherings are must haves for new urban communities as the culture of homeownership continues to shift to a "lifestyle" focus that transcends the contents of a home's four walls. Koa Ridge will offer no shortage of spaces to spread out and enjoy the outdoors with family, including the 7-mile pedway coined the "Hoala Trail" that will thread the neighborhood and curb the need for commuting by car.
It's been decades since Koa Ridge Waipio was first dangled in front of the public and now it seems as though this elusive Central Oahu community may finally materialize! If you're an Oahu resident, you've likely heard your mom, dad, sister, brother, aunty, or uncle mention something to the likes of "I'm waiting for Koa Ridge" as it pertains to their real estate plans and with delay after delay, many have become skeptical that this project would ever see the light of day. The developer spent years of battling through the controversial reclassification of the build site's 576 acres from Agricultural to Urban zoning and finally broke ground in 2017.
Where is Koa Ridge Located?
Koa Ridge Oahu will be located in Waipio, Oahu, Hawaii -- opposite of Costco Waipio across Ka Uka Boulevard. Until now, the Waipio community that has long served as small suburb of the greater Mililani region in Central Oahu, seeing no residential development since the 1990's. There are a few pockets of residential real estate in Waipio but it primarily consists of townhomes, with a limited number of small single family homes. The addition of Koa Ridge housing will breathe new life into the region, offering Central Oahu residents dynamic home choices built around an array of shopping, dining, and retail. Check out the Koa Ridge map below.
If you're passing Waipio on your way to Mililani via Kamehameha Highway, you can't miss the mounds of red dirt and heavy machinery that's prepping the Koa Ridge site near the Okinawan Center. This is slated to be the site of the first Koa Ridge homes for sale.
What types of Homes does Koa Ridge offer?
Over the next 10 years, we'll see Koa Ridge build approximately 3,500 homes to serve a wide buyer profile. We'll see home types for nearly every family dynamic including but not limited to Affordable Housing Units, Townhomes, Senior Housing, Duplexes, Single Family Homes, and Multi-Generational Homes. See below for the first set of home types expected at the project.
Now Selling at Koa Ridge
Nanea at Koa Ridge features new Single Family Condominium homes for sale on Oahu with with 3-4 bedroom floor plans with optional 5-6 bedroom layouts. The first two Nanea Koa Ridge lotteries reflected pricing between $885,000 - $1,057,000.
Luana at Koa Ridge features (76) duplex style homes coined "Paired" Homes by the developer, and will see prices from the low $714,000's. Plan for 3-4 bedroom floor plans with interior sizes from 1,110 - 1,396sq. Luana at Koa Ridge maintenance fees will be minimal, ranging from $125 - $157 depending on the size of the home. For Official Luana Prices, Floor Plans, & Lottery News Click HERE
Future Koa Ridge Home Types
Malina at Koa Ridge will be the first townhome phase at the project and we'll likely see this phase offering Affordable Housing(restrictions apply) units for sale from the low $400,000's.
Neighborhood Insights
Association Fee. There will be a Master Association Fee of $67/mo that every home will be subject to. This is common amongst master planned communities like Ho'opili and for most Central Oahu residents, you're aware of the Mililani Town Association Fee of $39/mo.
Lifestyle Community. Koa Ridge will quickly become what we call a "lifestyle community;" a place where home transcends the four walls of house. This neighborhood will feature 7-miles of pedestrian and bike-friendly pedway named the Ho'ala Trail in a hopes to curb auto traffic and promote green living. The pedway will thread the neighborhood and provide "car-less" access to the neighborhood recreation centers, pools, as well as the shopping, dining, and retail venues located in the neighborhood's urban-hub coined "The Village" Koa Ridge will soon join the Ho'opili and Kakaako master planned developments that have brought and will continue to bring consistent Oahu new homes for sale to market.
VA Friendly. The neighborhood's proximity to Oahu Military Bases is sure to put Koa Ridge at the top of the shopping list for Oahu's military personnel looking to use their BAH in Hawaii towards purchasing a Koa Ridge home with their Hawaii VA Loan. This is especially true fo those stationed at Schofield Barracks Army Base Hawaii that's just minutes away! **Koa Ridge must submit the project for VA approval before Hawaii VA Loans can be accepted. At this time, the project is not VA approved, but we should see it eventually approved. See our Schofield Barracks PCS Guide to learn about other housing opportunities near your new duty station.
Affordable Housing. We should see roughly 30% of homes for sale at Koa Ridge offered under Honolulu Affordable Housing Requirements although the specific guidelines for eligibility has not been released yet.
Koa Ridge FAQ's
Where will the first homes be built?
The single family homes of Nanea at Koa Ridge will be the first homes constructed at the site and you'll catch a glimpse of them as you're driving north on Kamehameha Highway through Waipio. Estimated delivery of homes will be winter 2020 or early 2021.
How do I schedule an appointment to see the Koa Ridge Model Homes?
We'll have to hang tight for those as model homes are slated to be completed until 2021. If you joined the interest list below, you'll receive an announcement from us as soon as they open!
Are there any Koa Ridge Hawaii Floor Plans available yet?
Check out the newly released Koa Ridge House Plans below!
It only makes sense that we'll see Koa Ridge home prices on par with Mililani and Mililani Mauka neighborhoods. Single family homes started from $885,000 while Luana Duplexes start from $714,000. Koa Ridge townhomes at the Malina phase will offer Affordable Housing from the low $400,000's.
How do I get Preapproved for mortgage to purchase at Koa Ridge?
In previous Castle & Cooke developments, prospective buyers were required to get Prequalified by one of the project's "Lead Lenders" in order to submit an application for a home. This is customary for most new projects on island. Please see below for the lenders that have been approved so far and don't hesitate to reach out for a recommendation should you wish to start the Prequalification Process:
Koa Ridge 2021 News
January 8th, 2021: Castle & Cooke Hawaii releases FIRST lottery of the new year featuring new Oahu homes for sale at the Nanea phase. Prices from $904,000.
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