Hawaii Living

729 Keolu Dr (Enchanted Lake)

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Photo 1 of 729 Keolu Dr, Kailua
729 Keolu Dr, Kailua
Selling or Buying in Enchanted Lake?
Description
Open House on 4/7/21 from 9AM - 12 Noon AND Private Showings offered by appointment. Awesome location in Kailua, 1/2 block from Enchanted Lake Elementary & a 5-6 minute drive to shopping and our award winning beaches. This beautifully designed and appointed residence was recently updated in most areas with new exterior paint in late 2020. Home includes a Wi-Fi enabled irrigation system, gas stove & a 4 camera Ring security system. The large 7,718 sq. ft. lot has a walled backyard with a large covered patio - it's a lovely private space to entertain or just hang out. There's plenty of room to build a pool or enjoy your own private garden. The driveway allows easy turn around and accommodates additional parking. There is also abundant storage in the carport, inside the home, as well as in two separate storage units.
Past Activity
  • May 06, 2022 Sold for $1,515,000
  • Mar 28, 2022 Under Contract
  • Mar 16, 2022 Listed at $1,415,000
  • Jul 17, 2018 Sold for $920,000
  • Jun 18, 2018 Under Contract
  • Jun 01, 2018 Listed at $899,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $900
  • Year Remodeled: 2019
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • View: Mountain
  • Furnished: None
  • Property Condition: Above Average,Excellent
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck
  • TMK: 1-4-2-53-9-0
  • Tax Assessed Land: $1,095,400
  • Tax Assessed Improvements: $193,000
  • Tax Assessed Total: $1,288,400
  • Courtesy: Corcoran Pacific Properties
  • MLS: 202204152
About Enchanted Lake
See our aerial video of homes in 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 a short drive, bike r  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 14, 2026.Information is deemed reliable but not guaranteed.
Other Enchanted Lake Homes
$2,249,999
889 Akumu St
5 Bds | 4 Ba
3,073 ft²
$2,500,000
1091 Alahaki St
5 Bds | 3 Ba
1,800 ft²
Other Kailua Homes
Kalama Tract & Coconut Grove
$1,375,000
259A Kihapai St
3 Bds | 2 Ba
912 ft²
Kaopa
$1,750,000
1366 Akiahala Pl
3 Bds | 2 Ba
1,614 ft²
Olomana
$1,199,000
1355 Manu Mele St#A
3 Bds | 2 Ba
1,200 ft²
Waimanalo
$1,900,000
41-1025 Nenue St
3 Bds | 2 Ba
1,697 ft²
Maunawili
$1,900,000
1202 Lola Way
3 Bds | 2 Ba
2,801 ft²
Kalama Tract & Coconut Grove
$1,060,000
431 Kalama St#C
3 Bds | 2.5 Ba
2,175 ft²
  • Sold 5/6/22 at $1,515,000
    (List Price: $1,415,000)
Description
Open House on 4/7/21 from 9AM - 12 Noon AND Private Showings offered by appointment. Awesome location in Kailua, 1/2 block from Enchanted Lake Elementary & a 5-6 minute drive to shopping and our award winning beaches. This beautifully designed and appointed residence was recently updated in most areas with new exterior paint in late 2020. Home includes a Wi-Fi enabled irrigation system, gas stove & a 4 camera Ring security system. The large 7,718 sq. ft. lot has a walled backyard with a large covered patio - it's a lovely private space to entertain or just hang out. There's plenty of room to build a pool or enjoy your own private garden. The driveway allows easy turn around and accommodates additional parking. There is also abundant storage in the carport, inside the home, as well as in two separate storage units.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 14, 2026.Information is deemed reliable but not guaranteed.
    • May 06, 2022 Sold for $1,515,000
    • Mar 28, 2022 Under Contract
    • Mar 16, 2022 Listed at $1,415,000
    • Jul 17, 2018 Sold for $920,000
    • Jun 18, 2018 Under Contract
    • Jun 01, 2018 Listed at $899,000
    See our aerial video of homes in 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 a short drive, bike r  ... Read more
    Other Enchanted Lake Homes
    $2,249,999
    889 Akumu St
    5 Bds | 4 Ba
    3,073 ft²
    $2,500,000
    1091 Alahaki St
    5 Bds | 3 Ba
    1,800 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. The sale may be 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.
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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.