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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

5 homes for sale

Virtual Tour
$1.9m
Enchanted Lake
1226 Kahili Street, Kailua
Home
5 bd
3,573 sqft
$1,900,000
5
bd
3,573
sqft
Live the ultimate Kailua lifestyle in this spacious and versatile multi-generational home, minutes from world-renowned Kailua Beach. Whether you're an avid paddler, surfer, kiteboarder, or simply enjoy morning walks along the shore, this location puts you at the heart of Oahu’s best beach and water activities. The front portion offers a 3-bedroom, 2-bath layout with generous living space and a wet bar. The back portion, built in 2010, steel frame, features a modern 2-bedroom, 2.5-bath design with a full kitchen, providing privacy and flexibility for multi-generation living. Enjoy the tropical outdoors in your beautifully landscaped yard, ideal for weekend barbecues, lounging after a beach day, or rinsing off from the ocean in comfort. Owned PV panels help keep energy bills low, adding sustainability to your island lifestyle. Located in Enchanted Lake with quick access to Kailua Town, movie theater, Target, Whole Foods, Down to Earth, and a variety of local cafés and boutiques. Easy commute via Pali Highway, Kalanianaole Highway, and close to Castle Hospital. This is your chance to live steps from the sand while enjoying the space and flexibility of a truly multi-functional home
$2.39m
Enchanted Lake
1244 Keolu Drive, Kailua
Home
7 bd
2,984 sqft
$2,392,000
7
bd
2,984
sqft
RARE NEWER CONSTRUCTION in highly desirable Enchanted Lake. Completed in 2025, this exceptional home was designed with flexibility and comfort in mind. This secure & gated home offers 2,984 sq ft of modern interior living space. Multiple living areas are ideal for multi-generational living or a spacious family retreat. Beautifully appointed with quartz countertops, sleek tile finishes, contemporary cabinetry, and vinyl windows throughout. 7 Generously sized bedrooms and 4 full bathrooms offer space for everyone. Enjoy indoor-outdoor living with a stunning 714 sq ft view deck, perfect for entertaining or relaxing under the stars. A large 546 sq ft garage is complemented by abundant storage options and generous parking for up to 6 cars or even a boat—rarely found in Kailua. Situated on a 6,104 sq ft lot, you’re just minutes from world-famous beaches, boutique shopping, and trendy eateries. Don't miss this exceptional home.
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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.
$1.92m  $30,000
Enchanted Lake
851 Halula Place, Kailua
Home
4 bd
2,204 sqft
$1,919,000  $30,000
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
$1.8m  $26,000
Enchanted Lake
962 Alahaki Street, Kailua
Home
4 bd
1,802 sqft
$1,799,000  $26,000
4
bd
1,802
sqft
AMAAAAAZING NEW PRICE! ***ALSO*** SELLER TO CREDIT BUYER $10,000.00 Towards closing costs! 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. WONDERFUL PROPERTY!
1 – 5 of 5 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

14 / 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 $1,188,554. The median sales price for Enchanted Lake over the last 90 days is $1,672,500, a 5% increase of $81,625 year over year. If we break this down per property types we see that the median sales price for homes is $1,685,000 and for condos $865,000.
The number of sales in the last 60 days are 7. The average days Enchanted Lake properties stay on the market before being sold is 63 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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