#405035, Eric K Yoshida RB-17748, Listing office: Yoshida Realty Group
Property details
About 1987 Olu Dr
Also listed as MLS #406557. Rare Wailuku redevelopment opportunity — 1987 Olu Drive is part of a combined sale totaling 9,311 SF with adjacent 158 Market Street. Zoning allows for residential, commercial, or mixed-use development. Situated in the Wailuku Redevelopment Zone in a walkable, vibrant community. Sold together at a combined asking price of $589,000. **Lot Info** 158 Market Street - 6,495 SF / TMK: (2) 3-4-017-021 and 1987 Olu Drive - 2,816 SF / TMK: (2) 3-4-017-022
Highlights
Home typeUnimproved Land
StatusActive
(ACTIVE)
(ACTIVE)
Lot size0.2138 Acres
MLS #406572
ViewMountain(s)
Land tenureFee Simple
Summary
- Waterfront: None
- View: Mountain(s)
- List Price: $589,000
- Annual Tax Amount: $1,574
- Tax Year: 2024
- Lot Size: 0.2138 Acres
- MLS Number: 406572
- MLS Name: Black Knight 1 - Maui
- Office Name: Commercial Prop of Maui LLC
- Office Phone: (808) 244-2200
- Office Email: GSheehan@mauibiz.com
- Listing Agent: Moe A Sears RB-20115, Jon McCabe
The data is deemed reliable but is not guaranteed accurate by the MLS. It has been provided by sources other than the Realtors Association of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumersmay be interested in purchasing.
Copyright, 1995-2025, REALTORS® Association of Maui, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 12:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 15, 2011 | Home Sold | $140,000 |
| Jul 25, 2007 | Home Sold | $575,000 |
| Oct 22, 2003 | Home Sold | $250,000 |
| Feb 08, 2001 | Home Sold | $26,200 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $119,300 | $1,574 |
| 2023 | $140,900 | $852 |
| 2022 | $112,800 | $2,787 |
| 2021 | $106,200 | $668 |
| 2020 | $106,200 | $668 |
| 2019 | $104,100 | $722 |
| 2018 | $99,700 | $722 |
| 2017 | $74,300 | $540 |
History based on county public records data.
Nearby schools
4
Wailuku Elementary School
Public District PK-5
0.5 mi
•355 S High St
2
Puu Kukui Elementary School
Public District PK-5
1.0 mi
•3700 Kehalani Mauka Pkwy
3
Lihikai Elementary School
Public District PK-5
1.3 mi
•335 S Papa Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,905. The majority of Wailuku, HI residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
30%
<35k
63%
35k-100k
3%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
13%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
Horse Races
Where do the neighbors shop?
Chico's
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
LongHorn Steakhouse
What do the neighbors drive?
Buick
Oldsmobile
Cadillac
What do the neighbors listen to?
Soft Adult Contemporary
News
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
#405998, Vanessa Schwabenland RB-19724, Listing office: Kokua Realty LLC
Frequently asked questions
About 1987 Olu Dr
The listing price of 1987 Olu Dr property is $589,000.
The property 1987 Olu Dr is land located in Wailuku, Hawaii, 96793.
Active Listing: 1987 Olu Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1987 Olu Dr are: Wailuku Elementary School (GreatSchools Rating 4/10), Puu Kukui Elementary School (GreatSchools Rating 2/10), Lihikai Elementary School (GreatSchools Rating 3/10), Iao Intermediate School (GreatSchools Rating 5/10), Maui Waena Intermediate School (GreatSchools Rating 5/10), Lahaina Intermediate School (GreatSchools Rating 3/10), Henry Perrine Baldwin High School (GreatSchools Rating 3/10), Maui High School (GreatSchools Rating 4/10), Lahainaluna High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $1,574 (source: MLS/based on county public records data).
The last sale was on April 15, 2011 for $140,000 (source: MLS/tax record).
The property 1987 Olu Dr is 0.214 acres.
This home is located at 1987 Olu Dr in Wailuku, HI and zip code 96793 in the Central Maui neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $589,000.
In June 2025, from all listings sold in Wailuku, HI there were more than 5 sold above asking price, over 15 sold below and more than 3 were sold right at the asked price. Between May and June 2025, Wailuku, HI real estate market has seen increase in the number of listings by 5.7%.
From Rocket Homes Real Estate and based on county public records data.