Hawaii Living

531 Wanaao Rd (Enchanted Lake)

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531 Wanaao Rd, Kailua
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Description
Excellent Enchanted Lakes Estate corner lot location home with great street appeal... Home is a Navy Federal Credit Union Foreclosed property sale. Large home with 4+ bedrooms and 3 bathrooms in main house... Home has lots of deferred maintenance and is in need of cosmetic renovations. In ground pool and good open area, nice feeling home with a large studio in-law suite, bathroom, kitchenette with separate entry bonus! Make this your own and accept the challenge of a great renovation property! Specific contract terms and addendums are required with Bank sales. Great potential... close proximity to Kailua town and beaches. Must see! Brokers Open House, Thursday, 6/16 9:30-12:30 and Public Open house on Saturday, 6/18 from 1:00-4:00pm. Contact your Realtor for supplemental paperwork and specific terms required by the bank.
Past Activity
  • Feb 19, 2024 Price $2,220,000
  • Jan 07, 2024 Listed at $2,250,000
  • Aug 12, 2022 Sold for $1,500,000
  • Jul 03, 2022 In Escrow
  • Jun 13, 2022 Listed at $1,665,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $415
  • Year Remodeled: 1966
  • Zoning: 04 - R-7.5 Residential District
  • Flood Zone: Zone X
  • Elementary School: Enchanted Lake
  • Middle School: Kailua
  • High School: Kailua
  • Furnished: Partial
  • Property Condition: Fair
  • Security Features: Key
  • Amenities: Bedroom on 1st Floor, Landscaped, Maids/Guest Qrters, Patio/Deck, Storage, Wall/Fence
  • TMK: 1-4-2-39-1-0
  • Tax Assessed Land: $1,087,500
  • Tax Assessed Improvements: $435,300
  • Tax Assessed Total: $1,522,800
  • Courtesy: BHGRE Advantage Realty
  • MLS: 202210991
Good to Know
See our aerial video of homes in Enchanted Lake.

About Enchanted Lake
Enchanted Lake, located on Oahu’s Windward side in Kailua, is a nice, family-friendly neighborhood in one of the island’s favorite beach towns. Enchanted Lake is named for the lake in the center of the neighborhood. The Hawaiian name is Kaelepulu Lake, but it is most often called Enchanted Lake today.

Enchanted Lake homes encircle the lake, the adjoining canal which leads to Kailua Bay, and some homes border the golf course at Mid-Pacific Country Club. It’s a highly-desired location – just  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 27, 2024. Information is deemed reliable but not guaranteed.
Other Enchanted Lake Homes
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276 Hamakua Dr
4 Bds | 3 Ba
2,254 ft²
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1293 Akamai St
4 Bds | 2 Ba
1,757 ft²
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304 Hamakua Dr
5 Bds | 3 Ba
2,964 ft²
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503 Paokano Pl
5 Bds | 4 Ba
2,933 ft²
Other Kailua Homes
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1217 Kina St
6 Bds | 3.5 Ba
2,892 ft²
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447 Lanae Way
4 Bds | 2 Ba
1,426 ft²
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1338 Lekeona St
4 Bds | 2 Ba
1,817 ft²
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567 Kaneapu Pl
4 Bds | 2 Ba
1,344 ft²
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340 Hualani St
5 Bds | 2 Ba
2,138 ft²
  • Sold 8/12/22 at $1,500,000
    (List Price: $1,665,000)
Description
Excellent Enchanted Lakes Estate corner lot location home with great street appeal... Home is a Navy Federal Credit Union Foreclosed property sale. Large home with 4+ bedrooms and 3 bathrooms in main house... Home has lots of deferred maintenance and is in need of cosmetic renovations. In ground pool and good open area, nice feeling home with a large studio in-law suite, bathroom, kitchenette with separate entry bonus! Make this your own and accept the challenge of a great renovation property! Specific contract terms and addendums are required with Bank sales. Great potential... close proximity to Kailua town and beaches. Must see! Brokers Open House, Thursday, 6/16 9:30-12:30 and Public Open house on Saturday, 6/18 from 1:00-4:00pm. Contact your Realtor for supplemental paperwork and specific terms required by the bank.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 27, 2024. Information is deemed reliable but not guaranteed.
    • Feb 19, 2024 Price $2,220,000
    • Jan 07, 2024 Listed at $2,250,000
    • Aug 12, 2022 Sold for $1,500,000
    • Jul 03, 2022 In Escrow
    • Jun 13, 2022 Listed at $1,665,000
    See our aerial video of homes in Enchanted Lake.

    About Enchanted Lake
    Enchanted Lake, located on Oahu’s Windward side in Kailua, is a nice, family-friendly neighborhood in one of the island’s favorite beach towns. Enchanted Lake is named for the lake in the center of the neighborhood. The Hawaiian name is Kaelepulu Lake, but it is most often called Enchanted Lake today.

    Enchanted Lake homes encircle the lake, the adjoining canal which leads to Kailua Bay, and some homes border the golf course at Mid-Pacific Country Club. It’s a highly-desired location – just  .....
    Read more.
    Other Enchanted Lake Homes
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    276 Hamakua Dr
    4 Bds | 3 Ba
    2,254 ft²
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    1293 Akamai St
    4 Bds | 2 Ba
    1,757 ft²
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    304 Hamakua Dr
    5 Bds | 3 Ba
    2,964 ft²
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    503 Paokano Pl
    5 Bds | 4 Ba
    2,933 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
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    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.