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Mākaha Valley · Wai‘anae Coast, O‘ahu

Cottages at Mauna ‘Olu

A gated community of 118 single-family homes by Stanford Carr Development, set on 26 acres at the back of Mākaha Valley — mountains on three sides, Mākaha Beach minutes down the road.

Completed Community — Ask Us What Is Available
Cottages at Mauna 'Olu home in Makaha Valley

The Cottages at Mauna ‘Olu is a gated single-family condominium community in Mākaha Valley on O‘ahu’s leeward coast. Stanford Carr Development built 118 detached homes here on 26 acres, with a recreation center, fitness center, and swimming pool for residents, fenced backyards, and staffed gate security.

The community is built, and homes here now come to market as resales — an owner selling on the open market, with no developer sales office or lottery involved.

One thing sets this community apart from almost every other single-family neighborhood on O‘ahu: the land is resort-zoned, and homes here have been operated as legal short-term vacation rentals. That shapes who buys here, what homes sell for, and what it is like to live here. It is explained further down this page.

Mauna ‘Olu at a Glance

118
Detached single-family homes
26
Acres in Mākaha Valley
7
Floor plans
3
Exterior styles: Cottage, Plantation, Craftsman
Gated
Staffed security at the entry
Resort
Zoning that allows short-term rentals

The Homes

Stanford Carr offered seven floor plans in three architectural styles — Cottage, Plantation, and Craftsman — so the streets do not read as one house repeated. Every home was built with an island kitchen, walk-in closets, and a fenced backyard.

Cottages at Mauna 'Olu floor plan overview

Floor plan overview. Images courtesy of Stanford Carr Development.

Developer Brochure

Plans and features as originally offered by the developer. Buyers chose their own options when the homes were new, so a resale home may differ from the brochure, and owners may have made changes since.

What “Single-Family Condominium” Means

These are detached houses, but legally each one is a condominium unit within the project rather than a house on its own subdivided lot. In practice that means there is an owners’ association, monthly fees that pay for the gate, security, recreation center, pool, and common areas, and a set of governing documents and house rules that apply to every home. It is a common structure for newer gated communities in Hawai‘i and nothing to be wary of — but read the documents, because they govern what you can do with the property.

Community Amenities

  • Gated entry with staffed security
  • Recreation center
  • Swimming pool
  • Fitness center
  • Fenced private backyards
  • Mountain views on three sides, with the ocean to the west

Short-Term Rentals at Mauna ‘Olu

Most of O‘ahu’s residential neighborhoods do not allow vacation rentals of less than 30 days. Mauna ‘Olu is different because of its land, not its house rules: the property was rezoned for resort use decades ago, originally for a hotel and conference center that was never built. Stanford Carr built homes on it instead, and the resort zoning came with them.

  • If you are buying as an investment or second home — This is one of very few places on O‘ahu where a detached single-family home can be operated as a legal short-term rental. Ask for the home’s actual rental history, not a projection, and budget for management, cleaning, and both the transient accommodations tax and general excise tax on rental income.
  • If you are buying to live here full time — Understand that some of your neighbors will be visitors. The gate and on-site security help, but it is a different feel from a purely residential street. Visit on a weekend and see for yourself.
  • Either way, verify before you rely on it — Short-term rental rules on O‘ahu have been changing, and registration and tax requirements apply even where rentals are allowed. Confirm the current City and County rules and the association’s own rules for the specific home before you write an offer based on rental income.
Rental potential is priced into these homes. That is part of why they sell for more than other houses in Mākaha, and it is worth knowing whether you are paying for a feature you actually plan to use.

Buying a Home at Mauna ‘Olu

A resale here works like any other purchase on O‘ahu: you make an offer to the owner, negotiate, inspect, and close through escrow. These are the things we look at with buyers:

  • Which plan and which options — Seven plans and buyer-selected options mean two listings with the same bedroom count can be quite different homes. We match the listing to the original plan so you know what you are comparing.
  • Monthly fees — We pull the current association fees for the specific home and what they cover, so you are working with a real monthly number.
  • The condominium documents — During escrow you receive the association’s budget, reserves, minutes, and house rules. For this community, pay particular attention to anything about rentals, guests, and parking.
  • Furnishings and bookings — A home run as a vacation rental is often sold furnished, sometimes with future reservations on the calendar. Decide what conveys and how existing bookings will be handled, and put it in the contract.
  • Financing — A primary residence, a second home, and an investment property are three different loans with different down payments and rates. Tell your lender how you intend to use the home at the start.
  • Insurance — Get a quote early. Coverage for a home used as a short-term rental is not the same policy as for an owner-occupied home.

See What Is Available at Mauna ‘Olu

Location & Lifestyle

Mauna ‘Olu sits deep in Mākaha Valley at the foot of the Wai‘anae Range, along Maiola Street and Maiola Place. This is the sunny, dry side of the island, and life here runs on the ocean and the mountains.

  • Mākaha Beach and its legendary surf, minutes from the gate
  • Some of O‘ahu’s best paddle boarding, snorkeling, and diving along the Wai‘anae Coast
  • Hiking in the valleys and ridges of the Wai‘anae Range
  • Everyday shopping and dining in Wai‘anae town
  • Kapolei about 16 miles away for major shopping, services, and employment

Maiola Street & Maiola Place, Wai‘anae, Hawai‘i 96792

Be realistic about the drive. Farrington Highway is the one road in and out of the Wai‘anae Coast, and a commute to Honolulu from Mākaha is long. For many owners that distance is the point; for a daily town commuter it is the deciding factor. Make the drive at the hours you would actually travel before you commit.

Community Details

  • Developer: Stanford Carr Development
  • Location: Maiola Street & Maiola Place, Mākaha Valley, Wai‘anae, HI 96792
  • Homes: 118 detached single-family homes on 26 acres
  • Ownership: Single-family condominium
  • Floor plans: Seven plans in Cottage, Plantation, and Craftsman styles
  • Also listed as: “Cottages at Maunaolu” and “Maunaolu Estates” in the MLS

Interested in the Cottages at Mauna ‘Olu?

Find out what is for sale at Mauna ‘Olu right now, get alerts when a specific plan is listed, or talk through whether a home here makes sense as a residence, a second home, or a rental. We represent you as your buyer’s agent.

Contact Us

Joanna Nakama

Realtor RS-84513

Call or text (808) 722-8449

Melissa Hoyer

Realtor RS-84772

Call or text (808) 728-0648

REMAX Hawaii West Oahu

New to buying in Hawai‘i? Start with our Home Buying Guide →

The Cottages at Mauna ‘Olu was developed by Stanford Carr Development; Hawaii Starts Here and its agents are not the developer, are not part of the developer’s sales team, and make no representations on the developer’s behalf. Home counts, floor plans, architectural styles, features, and amenities shown are drawn from the developer’s original sales materials and are approximate; features and options varied from home to home. Images and the brochure on this page are courtesy of Stanford Carr Development; they are conceptual and may differ from homes as constructed. Individual homes may have been altered, upgraded, or modified since original construction and may differ from the descriptions on this page. Information about short-term rentals is a general summary and is not legal, tax, or investment advice. Zoning, short-term rental regulations, registration requirements, and tax obligations are set by the City and County of Honolulu and the State of Hawai‘i and are subject to change; association rules may impose additional requirements. Buyers must independently verify that any intended use is permitted for the specific property. No representation is made regarding rental income, occupancy, or investment return. Association fees, amenities, and house rules are set by the association and are subject to change; review the association documents carefully during escrow. Nothing on this page is an offer to sell or a solicitation of an offer to buy where prohibited by law.

Cottages at Mauna Olu Properties on Sale

84-816 Maiola Street Unit 40, Waianae image
84-816 Maiola Street Unit 40, Waianae — Cottages At Maunaolu $1,399,000

Incredible Active Legal Short Term Rental in a Gated Resort Community just 4 minutes from Makaha Beach! The Cottages at Mauna‘Olu, tucked in Makaha Valley, has a Security...

  • 3 Beds
  • 2 Baths
  • 202608622 MLS
  • FS - Fee Simple Tenure
  • Cottages At Maunaolu Bldg.
  • 179 DOM
84-814 Maiola Street Unit 39, Waianae image
84-814 Maiola Street Unit 39, Waianae — Cottages At Maunaolu $1,456,800 ▼

Experience the mana of Makaha Valley as you enter this majestic, LEGAL SHORT-TERM RENTAL in the gated community of Mauna’Olu Estates. A desirable single-level 3-bed, 2-ba...

  • 3 Beds
  • 2 Baths
  • 202606337 MLS
  • FS - Fee Simple Tenure
  • Cottages At Maunaolu Bldg.
  • 213 DOM

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.

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REMAX Hawaii West Oahu
Melissa Hoyer (R) RS-84772
Joanna Nakama (R) RS-84513
91-5431 Kapolei Parkway, Box 1109
Kapolei, HI 96707
TeamCastaneda@REMAXHawaii.com

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