Olino at Mehana: Kapolei’s Affordable Condos & Single Family Homes

“Olino” means bright, brilliant, and dazzling in the Hawaiian language. The newest of DR Horton’s many neighborhoods within its all encompassing Mehana development, Olino is located at the heart of Kapolei just North of Barbers Point Coast Guard Air Station. The development features a pedestrian-friendly site plan with integrated mixed use commercial spaces.

Plan 1: 3 bed, 2 bath, 1,365 sq.ft.

Furthermore, Olino’s developers have installed incentives for quick sales on their units if you use their lender, DHI Mortgage. Credit amounts are listed below. Active Military receive an additional $1,000 off closing costs to thank you for service.

Kitchen finishes

Available Types of Housing

Olino’s neighborhood offers 3 types of housing:

Single family homes starting in the $600,000’s:

• Receive $4,000 towards closing costs
• 4 bed/3 bath/1,563 sq.ft./2 car garage
• 3 bed/2 bath/1,365 sq.ft./2 car garage

Plan 2: 4 bed, 3 bath, 1,563 sq.ft.

Market townhome condos starting in the high $400,000’s:

• Receive $4,000 towards closing costs
• 3 bed/2 bath/1,356 & 1,382 sq.ft./1 car garage + 1 open parking stall

Townhomes under construction

Affordable townhome condos starting in the high $300,000’s:

• Receive $8,000 towards closing costs
• 3 bed/2 bath/757 sq.ft./2 open parking stalls
• 2 bed/2 bath/945 sq.ft./2 open parking stalls

Affordable Units

The following requirements must be met for purchase of affordable units. “Affordable Income Purchaser” means a buyer whose gross household income does not exceed the indicated 120% of the median income (adjusted for family size) for the Honolulu Metropolitan Statistical Area determined by the U.S. Dept of Housing & Urban Development.

Requirements include:

• Must be owner occupant
• Must be a first-time homebuyer and not own any other real estate
• Must have an income that meets the following family size, income limits

 
Affordable Family Size / Income Limit / Bedrooms

2 / $92,020 / 2 bedroom        3 / $103,550 / 2-3 bedroom    4 / $114,980 / 2-3 bedroom

5 / $124,200 / 2-3 bedroom    5 / $133,420 / 3 bedroom    7 / $142,580 / 3 bedroom

Mehana Pool & Rec Center Facility

Plan 2

Plan 2

Additional Information

Despite the lack of dedicated model homes being available for touring, more than 50% of the single family houses have already been reserved. Don’t wait. Contact me today for private tours, project info, and any of your real estate sales needs!