Ililani Kakaako

Ililani is a 42-story, 328-unit condominium tower at 615 Keawe Street in the heart of Kakaʻako, completed in 2024. Two-bedroom resale units currently list between $795,000 and $850,000, while one-bedroom units trade in the low-$700K range. With 165 affordable housing units and 163 market-rate homes, Ililani is one of the most accessible entry points into urban Honolulu living—steps from SALT at Our Kakaʻako and the planned Civic Center rail station (Skyline Kakaʻako extension, targeted ~2031).

Ililani Kakaʻako Quick Facts

• Developer: Kobayashi Group / The MacNaughton Group
• Address: 615 Keawe Street, Honolulu, HI 96813
• Location: Kakaʻako (Our Kakaʻako district)
• Total Units: 328 (165 affordable + 163 market-rate)
• Stories: 42
• Home Types: 1BR/1BA and 2BR/2BA condominiums
• Price Range: $700,000–$905,000 (resale market, 2026)
• Unit Sizes: 526–860 sq ft + lanai
• HOA Fee: ~$0.58/sq ft (~$465–$500/month for 2BR)
• Parking: 1 stall per unit (affordable); 1–2 stalls (market-rate)
• Pets: 2 pets allowed (35 lbs max each)
• Status: Completed 2024 – Resale Market
• Tenure: Fee Simple

What Is Ililani Kakaʻako?

Ililani is a mixed-income residential tower developed by the Kobayashi Group and The MacNaughton Group in Kakaʻako, one of Honolulu’s most dynamic urban neighborhoods. The building rises 42 stories above the corner of Keawe and Halekauwila Streets, placing residents in the center of the Our Kakaʻako master-planned district.

What sets Ililani apart from neighboring towers like Keauhou Place and The Collection is its affordability mandate: roughly half the building (165 of 328 units) was reserved for buyers who qualified through the Hawaiʻi Housing Finance and Development Corporation (HHFDC) affordable housing program. The remaining 163 market-rate units were sold during the initial sales period, and the building is now fully occupied with units appearing on the resale market.

Completed in 2024, Ililani is no longer a pre-construction promise—it’s a lived-in building with real HOA data, resident experiences, and a growing resale history. For buyers who want to live in Kakaʻako without the $1M+ price tag that defines most of Ward Village, Ililani condos for sale represent one of the neighborhood’s most compelling value propositions.

The building’s orientation runs primarily Diamond Head to ʻEwa, meaning most units enjoy unobstructed views in at least one direction. With approximately eight units per floor and no immediate high-rises blocking sightlines on either side, even mid-floor residents benefit from expansive ocean, mountain, or city panoramas.

Ililani Condo Prices: Current Resale Market

As of early 2026, the Ililani resale market is active with multiple two-bedroom units listed between $795,000 and $850,000. One-bedroom resale units, when available, typically list in the $700,000–$750,000 range. Here’s a snapshot of what’s on the market:

Pricing varies based on floor level, view orientation, and stack position. Units in the “08” stack (Diamond Head-facing corners) tend to command premiums due to superior ocean views. At roughly $960–$1,040 per square foot, Ililani condo prices sit well below comparable Kakaʻako towers like Victoria Place ($1,500+/sq ft) and even newer Ward Village offerings, making it a strong entry point for the neighborhood.

Floor Plans: 1BR vs 2BR Comparison

Ililani keeps it simple with two core floor plan types, each available in slight variations depending on stack position:

One-Bedroom / One-Bathroom

• Interior: 526–593 sq ft
• Lanai: 63–89 sq ft
• Total Living: ~589–682 sq ft
• Stacks: C, E, J positions
• Best For: Solo professionals, couples, investors

Two-Bedroom / Two-Bathroom

• Interior: 772–826 sq ft
• Lanai: 67–89 sq ft
• Total Living: ~839–915 sq ft
• Stacks: Multiple positions including prime ocean-facing corners
• Best For: Couples, small families, roommates

Every unit at Ililani includes a private lanai—a feature that many comparable urban towers in this price range lack. The open-concept layouts maximize the usable square footage with floor-to-ceiling windows that bring in natural light from both the Diamond Head and ʻEwa exposures. AC compressors are located on the lanai, which is standard for Kakaʻako high-rises.

Ililani HOA Fees: What You’ll Actually Pay

One of Ililani’s strongest selling points is its relatively low HOA fee structure. At approximately $0.58 per square foot, monthly maintenance fees work out to:

• 1BR unit (550 sq ft): ~$319/month
• 2BR unit (800 sq ft): ~$464/month
• 2BR unit (826 sq ft): ~$479/month

For context, HOA fees at nearby Kakaʻako towers frequently exceed $0.80–$1.00/sq ft. Ward Village buildings with resort-style amenity packages can run $1.20+/sq ft. Ililani achieves its lower fee by keeping amenities practical rather than lavish—no infinity pool or concierge desk, but everything you need for comfortable daily living. If you’re comparing HOA costs across Oʻahu developments, check our HOA fee analysis guide for methodology.

What HOA Covers

• Water and sewer
• Building insurance
• Common area maintenance
• Amenity deck upkeep
• Elevator maintenance
• Trash and recycling
• Security

What HOA Does NOT Cover

• Electricity (individual unit meters)
• Internet and cable
• Individual unit insurance (HO-6 policy)
• Parking stall electricity (if EV charging)

Affordable vs Market-Rate Units: What Buyers Should Know

Of Ililani’s 328 total units, 165 were designated as affordable housing through the HHFDC program. Here’s what that means for today’s buyers:

• Income limits: Original affordable buyers had to earn no more than 140% of Honolulu’s Area Median Income (AMI). These restrictions apply during the buyback period.
• Resale restrictions: Affordable units carry a shared-appreciation buyback provision, typically lasting 10 years. During this period, resale must go through HHFDC channels and the seller shares a portion of any appreciation with the program.
• Market-rate units: The 163 market-rate units have no income or resale restrictions and trade freely on the open market. These are the units you’ll see listed on MLS.
• Practical difference: For resale buyers in 2026, you’re primarily looking at market-rate units. Affordable units that do become available must be purchased through the HHFDC process—check the lottery calendar for any upcoming opportunities.

Location: SALT, Rail & Walkability

Ililani’s address at 615 Keawe Street places it squarely in the Our Kakaʻako district, arguably the most walkable neighborhood on Oʻahu outside of Waikīkī. Here’s what’s within walking distance:

• SALT at Our Kakaʻako: 2-minute walk. Dozens of restaurants, shops, and the popular Moku Kitchen, Highway Inn, Arvo café, and Morning Brew coffee.
• Down to Earth Organic: 3-minute walk for grocery shopping.
• Civic Center Rail Station (planned): ~5-minute walk once the Kakaʻako extension opens (targeted ~2031). Skyline currently runs from East Kapolei through Pearl Harbor and the airport to Middle Street.
• Downtown Honolulu: 5-minute drive or 15-minute walk to the business district, state capitol, and courts.
• Ala Moana Center: 10-minute walk or quick bus ride to Hawaiʻi’s largest shopping mall.
• Ala Moana Beach Park: 12-minute walk to the beach.

For buyers comparing Kakaʻako condo options, Ililani’s location near the emerging rail infrastructure adds long-term value. As the Skyline extends and the neighborhood continues to develop, transit-oriented properties like Ililani stand to benefit from increased connectivity and demand.

Amenities & Lifestyle at Ililani

Ililani takes a practical, cost-conscious approach to amenities. The 12,000-square-foot amenity deck sits atop the 8-story parking structure (9th floor level) and includes:

• Splash pool: A dipping-style pool for cooling off—not a lap pool, but perfect for a quick soak on hot days.
• Rooftop gardens: Communal garden plots where residents can grow herbs, vegetables, and fruit. A citrus garden is a popular feature.
• BBQ areas: Outdoor grilling stations with seating for gatherings.
• Recreation room: Multipurpose space with catering kitchen, suitable for events and parties.
• Yoga/fitness room: Dedicated space for yoga, stretching, and light workouts.
• E-lounge co-working space: Workspace with high-speed WiFi and a coffee bar—ideal for remote workers.
• Putting green: A small putting area on the rec deck.
• Bike and surfboard storage: Secure storage for boards and bicycles—essential in Kakaʻako.
• Dog wash station: Convenient pet cleaning area (building allows 2 pets, 35 lbs max each).
• Car wash area: On-site vehicle cleaning station.

The developer also introduced a shared vehicle fleet concept—10 to 15 cars available to residents for a small fee—designed to offset the single-stall parking allocation for affordable units. This is a forward-thinking feature for an urban building where many residents may not need a second car.

Parking at Ililani

Parking is always a consideration in Kakaʻako. Here’s how it works at Ililani:

• Affordable units: 1 parking stall per unit (regardless of bedroom count)
• Market-rate units: 1–2 stalls depending on unit type and original purchase terms. Some 2BR corner units come with 2 tandem stalls.
• Shared vehicle program: The building’s fleet of shared cars provides an alternative for households that don’t need a second vehicle.
• Bike parking: Abundant bicycle storage complements the walkable/bikeable location.

How Ililani Compares to Nearby Kakaʻako Towers

Ililani’s key advantages are its newer construction (2024), lowest HOA fees in the immediate area, and proximity to SALT. The tradeoff is smaller unit sizes and a more modest amenity package compared to larger towers. For buyers weighing urban Kakaʻako against suburban new construction, see our Ward Village vs Koa Ridge comparison.