| Description | This inviting single-level residence in the Olomana neighborhood in Kailua sits on a quiet street with minimal through traffic, offering privacy and breezes from its location at the bottom slopes of Olomana/Three Peaks. The property features a new roof, fresh interior paint, new flooring, including carpet and luxury vinyl. The kitchen includes a new refrigerator and oven/stove (2025), making it move-in ready. Enjoy the lush, fruiting landscape, including a Fairchild mango tree, avocado tree bred by a UH AG professor that produces extra large/creamy avocados, calamansi, coffee, lemon, lime, chico fruit tree (sapodilla), rosemary and bay leaf. The backyard provides an ideal space for entertaining or relaxing, while the workshop/shed adds functional space for hobbies or storage. This home offers the perfect combination of privacy and convenience. Just minutes from award-winning blue Ribbon Maunawili Elem. School, Olomana Park, fire station, Sunday farmers market, and Kailua town's shops, grocery stores, restaurants, and beautiful beaches. Easy access to Castle Medical Center and the Pali and H-3 highways. |
|---|---|
| Status | Sold since 03-06-2026 |
| MLS# | 202601519 |
| Price | $1,450,000 |
| Original Price | $1,450,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 3 / 2 / 0 |
| Parking Spaces | 2 |
| Living Sq Ft | 1,626 |
| Land Sq Ft | 7,824 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 554 Ulukanu Street Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Olomana |
| Days on Market | 46 |
| Year Built | 1961 |
| Year Remodeled | 2025 |
| Condition | Above Average,Average |
| View | Garden |
| Pool | None |
| Parking | 2 Car, Carport, Street |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone X |
| Elementary | Maunawili |
| Middle | Kailua |
| High | Kailua |
| Tax Amount | $535 |
| Assessed Land | $122,590 |
| Assessed Building | $115,500 |
| Assessed Total | $1,341,400 |
| Assessed Ratio | 108% |
| Inclusions | Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Dryer, Range/Oven, Washer, Water Heater |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck, Storage, Wall/Fence, Workshop |
| Utilities | Cable, Connected, Overhead Electricity, Public Water |
| Construction | Single Wall, Wood Frame |
| Lot Features | Clear |
| Flooring | Ceramic Tile, Vinyl, W/W Carpet |
| Disclosures | Property Disclosure Stmt |
| Furnished | Partial |
| Land Recorded | Regular System |
| Possession | 45 Days or Less |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family |
| Roofing | Other |
| Easements | None |
| Security | Key |
| Parcel # | 1-4-2-042-018-0000 |
| Listing courtesy of | Hawaii Life |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 05-29-2026 | 202601519 | Sold | C | S | $1,450,000 | $1,350,000 | $1,341,400 | $122,590 | $115,500 |
| 04-30-2026 | 202601519 | Active Under Contract | A | C | $1,450,000 | $1,350,000 | $1,341,400 | $122,590 | $115,500 |
| 03-23-2026 | 202601519 | Back On Market | C | A | $1,450,000 | $1,350,000 | $1,341,400 | $122,590 | $115,500 |
| 03-14-2026 | 202601519 | Active Under Contract | A | C | $1,450,000 | $1,350,000 | $1,341,400 | $122,590 | $115,500 |
| 03-06-2026 | 202601519 | New Listing | A | $1,450,000 | $1,350,000 | $1,341,400 | $122,590 | $115,500 | |
| 10-25-2004 | 2412159 | Sold | C | S | $649,900 | $635,000 | $379,200 | $280,500 | $98,700 |
| 08-04-2004 | 2412159 | New Listing | A | $649,900 | $635,000 | $379,200 | $280,500 | $98,700 |
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