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Ohana
* Second home allowed on either a residential or an agricultural zoned property.
Surf
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Enchanted Lake homes for sale & real estate | Kailua

Enchanted Lake properties for sale : 5 homes, 2 townhouse

Virtual Tour
$2.75m
Enchanted Lake
902 Wanaao Road, Kailua
Home
5 bd
3,914 sqft
$2,750,000
5
bd
3,914
sqft
Discover the essence of island resort living in this rare waterfront estate in Kailua’s coveted Enchanted Lake. Poised on an expansive 10,244 SF parcel with over 91 linear feet of pristine water frontage, this exceptional 5-bedroom, 4-bath home captures panoramic views of the majestic Ko?olau Mountains, creating a breathtaking backdrop from sunrise to sunset. Thoughtfully renovated in 2025, this 3,914 SF residence is designed for flexibility and privacy, offering two distinct living spaces—3BD/2BA downstairs and 2BD/2BA upstairs—each with separate entrances and spacious interiors, ideal for multigenerational living, hosting guests, or generating rental income. Whether you’re kayaking from your backyard, lounging poolside, or enjoying quiet evenings in your private sanctuary, every moment is elevated by the tranquility of the lake and the elegance of the setting. Energy-efficient features include 37 owned PV panels and split air conditioning throughout, ensuring year-round comfort with a commitment to sustainability. Just minutes from world-class beaches, vibrant cafés, and Kailua’s local charm, this is a rare opportunity to live where luxury meets lifestyle—every single day.
Virtual Tour
$2.2m
Enchanted Lake
440 Akoakoa Place, Kailua
Home
5 bd
2,421 sqft
$2,195,000
5
bd
2,421
sqft
Newer custom built home in 2015!!!! This beautiful 2 story home is located at the end of a cul-de-sac convenient to Kailua town and the beach. Polished concrete floors, large gourmet kitchen with a gas range, lots of cabinets for extra storage!! Two bedrooms 1.5 baths downstairs and 3 bedrooms 2 baths upstairs. Spacious family room upstairs with a built in laundry center. The Open floor plan living area flows out to a large covered lanai overlooking the beautifully landscaped backyard. Quiet Cool whole house fan. Storage shed in the backyard could also be a playhouse. Extra large garage with a brand new garage door. Close by Kailua town and Kailua beach! This home is a must see!!!
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Virtual Tour
$2.1m
Enchanted Lake
611 Paokano Loop, Kailua
Home
4 bd
2,129 sqft
$2,100,000
4
bd
2,129
sqft
Back on market through no fault of the seller! Welcome to 611 Paokano Loop, an exceptional 4-bd., 3-ba. home in Kailua’s desirable Enchanted Lake neighborhood. Situated minutes from Kailua Beach, the Pillbox hike, and Kailua Town, this well-maintained property offers flexible living options; two additional flex rooms perfect for an office and playroom, and one bedroom featuring a separate entrance, private bath, and spacious wet bar—ideal for guests, extended family, or rental potential. The open-concept layout flows seamlessly into a beautifully landscaped backyard perfect for outdoor activities or gatherings. The well-appointed custom kitchen features modern styling, stainless appliances, and a breakfast bar. An owned PV system with Tesla Powerwall provides energy efficiency when operating the six split A/C units, while ample storage, a versatile 2-car carport, and dedicated workspace/gym area add functionality and convenience to island living. Don’t miss the rare opportunity to own this incredible property in one of Kailua’s most-desired areas! The information herein is provided without warranty or guarantee. Buyer must independently verify any information deemed material fact.
$1.95m
Enchanted Lake
851 Halula Place, Kailua
Home
4 bd
2,204 sqft
$1,949,000
4
bd
2,204
sqft
Fully Renovated Kailua Corner Property on a large lot boasts luxurious finishes and functional design! Don’t miss out on this over 9,000 sq ft front, side, and backyard home with room to expand! Rarely available in the ideal ENCHANTED LAKES NEIGHBORHOOD, this single-story residence prioritizes open-concept living with modern finishes. The dream kitchen features white oak cabinets, top-notch appliances, and a beautifully designed butler’s pantry transitioning into the internal laundry room. The floor plan emphasizes easy entertaining, with a bar area, wine chiller, floating shelves, and living room views of the Ko‘olau Mountains. Retreat to the primary bedroom, complete with a spa-like bathroom featuring a soaking tub, curbless shower, walk-in closet, and sliding doors opening to the jacuzzi and outdoor dining area. Each bedroom has split AC units, mirrored closets, and access to a luxurious full hallway bathroom with LED backlit mirrors and Bluetooth audio. A short drive to Kailua Beach, Castle Hospital, and Kailua Town. Easy access to Pali Hwy, H-3, KMCB, and nearby shopping. Make this Kailua home part of your legacy!
Virtual Tour
$1.83m  $26,000
Enchanted Lake
962 Alahaki Street, Kailua
Home
4 bd
1,802 sqft
$1,825,000  $26,000
4
bd
1,802
sqft
Absolutely beautiful HOME! WHAT! WAIT!! 29 SOLAR PANELS! Enphase etal!! MONTHLY ELECTRICAL BILL $30.00. It’s the DREAM property you have been looking for! Incredible opportunity to own a lovely renovated 4 bedroom 2 full bathrooms Single Level home in the wonderful Enchanted Lake area. New, new and new. All kinds of gorgeous & with all kinds of NEW, NEW & NEW. Lovely Mountain Views. 5 ALL NEW SPLIT AC’S & COMPRESSORS! Custom windows have been refreshed with new hardware throughout. Beautifully renovated from top to bottom. New Interior & Exterior paint, New hardware, new ceiling fans & lighting. NEW Refrigerator, Cooktop, Oven, Dishwasher, Washer & Dryer. Spacious backyard & patio. This lovely home offers generous yard space with mature all kinds green landscape including a mature flower producing Puakenikeni Tree! Bountiful flowers. Custom kitchen feel with freshly cabinets. Stone countertops, new bathroom vanities, faucets, shower hardware. Both full bathrooms have new vanities, hardware, toilets, faucets & shower hardware. New electrical outlets and light switches. This wonderful property is on a great street with lots of parking & happy faces! Come see this lovely home quick!
$755k  $20,000
Enchanted Lake - Lakeview
1187C Akipohe Street unit 8C, Kailua
Townhouse
2 bd
930 sqft
$755,000  $20,000
2
bd
930
sqft
Back on market and this is your chance to get this beautiful units at Lakeview! This charming two-bedroom, two-bath home offers abundant natural light, cooling trade winds, and picturesque sunrise and lake views. The stylish kitchen features modern cabinetry, sleek quartz countertops, and a coordinating backsplash, along with a dishwasher and refrigerator. The spacious primary suite includes dual vanities, while both bedrooms are equipped with mirrored closet doors. Additional highlights include fresh paint, updated flooring, and a washer and dryer for convenience. Enjoy the privacy of a gated courtyard entry and the ease of two parking stalls (one covered). Nestled in a well-maintained community just minutes from Kailua Town and the beautiful shores of Kailua Beach. Sold as is. One or more photos have been enhanced. VA financing approved
$858k
Enchanted Lake - Lakeview
1225 Akipohe Street unit 5A, Kailua
Townhouse
3 bd
1,367 sqft
$858,000
3
bd
1,367
sqft
Within Lakeview, this end unit offers gorgeous views with a large wrap around lanai with nobody above or below you. Two bedrooms on the first floor and main bedroom with en-suite bathroom on bottom floor. Remodeled by previous owner in 2016, with new flooring , paint, windows, kitchen in quartz, new main spa tub, barn door for privacy on lower level, six ceiling fans, upgraded baths, super floor plan. Upper bedroom opens up into the lanai. Extra storage in the front patio. Easy access to parking. Close to restaurants, beach, mountains, Kailua town. Pet friendly complex. 2024 Assessment is 100% paid off.
1 – 7 of 7 homes for sale
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Lifestyle & outdoors In Enchanted Lake

2 surf spots in this area

Flat Island - Popoia Island
Type: surfing
Flat Island, or Popoia Island is about a quarter mile off of Kailua beach boat ramp and beach park.
Kailua Beach
Type: body-surfing
Kailua, Ko'olaupoko 1-3 3-5

6 parks in this area

Kailua Beach Park

Kailua District Park

Kaelepulu Mini Park

doughnut

Enchanted Lake Community Park

Keolu Hills Neighborhood Park

3 beaches in this area

Kailua Beach

Unnamed beach

Unnamed beach

1 golf course in this area

Unnamed golf

Essentials in Enchanted Lake

Supermarket is about 14 min walk
Farmers market is about 5 min drive
Hospital is about 6 min drive
Airport is about 31 min drive
Costco is about 27 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials

Walkability in Enchanted Lake

13 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Schools nearby Enchanted Lake

9 /10
GreatSchools.org
Rating
Enchanted Lake Elementary School
770 Keolu Dr, Kailua, HI 96734
6 /10
GreatSchools.org
Rating
Kaelepulu Elementary School
530 Keolu Dr, Kailua, HI 96734
5 /10
GreatSchools.org
Rating
Keolu Elementary School
1416 Keolu Dr, Kailua, HI 96734
9 /10
GreatSchools.org
Rating
Enchanted Lake Elementary School
770 Keolu Dr, Kailua, HI 96734
6 /10
GreatSchools.org
Rating
Kaelepulu Elementary School
530 Keolu Dr, Kailua, HI 96734
5 /10
GreatSchools.org
Rating
Keolu Elementary School
1416 Keolu Dr, Kailua, HI 96734
4 /10
GreatSchools.org
Rating
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
School ratings provided by Greatschools.org © 2023. All rights reserved.

Living in Enchanted Lake Enchanted Lake is a neighborhood in the Kailua district of Oahu.

Supermarkets are about 14 min walk, the nearest Hospital is about 6 min drive and the airport is about 31 min drive.

Enchanted Lake is somewhat walkable.

There are 6 parks in this area, and 3 public beaches. Nearby lifestyles include surfing, body surfing and golf.

Housing Market Trends for Enchanted Lake

There are currently 7 real estate listings for sale in Enchanted Lake. This includes homes, condos, multi-family homes, and vacant land.
The average listing price in Enchanted Lake for condos is $597,562 and for homes is $1,188,316. Week over week the average listing price increased 1%. The median sales price for Enchanted Lake over the last 90 days is $1,630,000, a 3% increase of $39,125 year over year. If we break this down per property types we see that the median sales price for homes is $1,660,000 and for condos $865,000.
The number of sales in the last 60 days are 8. The average days Enchanted Lake properties stay on the market before being sold is 56 days.

Enchanted Lake is a neighborhood located in the
Kailua
district on the island of
Oahu
.

Average Listing Price Enchanted Lake for condos & homes

Median Sales Price Enchanted Lake for condos & homes

Number Of Sales Enchanted Lake for condos & homes

* information deemed reliable, but not guaranteed
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