Hawaii Living

902 Wanaao Rd (Enchanted Lake)

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Photo 1 of 902 Wanaao Rd, Kailua
902 Wanaao Rd, Kailua
Selling or Buying in Enchanted Lake?
Description
$100,000 PRICE IMPROVEMENT! 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. 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.
Past Activity
  • Sep 10, 2025 Sold for $2,550,000
  • Jul 28, 2025 Under Contract
  • Jun 24, 2025 Price $2,650,000
  • May 30, 2025 Listed at $2,750,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $652
  • Year Remodeled: 2025
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • View: Marina/Canal, Mountain
  • Property Condition: Excellent,Above Average
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck
  • TMK: 1-4-2-49-27-0
  • Tax Assessed Land: $1,514,400
  • Tax Assessed Improvements: $454,300
  • Tax Assessed Total: $1,968,700
  • Courtesy: Keller Williams Honolulu / (808) 596-2888
  • MLS: 202512853
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 February 23, 2026.Information is deemed reliable but not guaranteed.
Other Enchanted Lake Homes
$2,345,000
1091 Alahaki St
5 Bds | 3 Ba
1,800 ft²
$2,199,900
889 Akumu St
5 Bds | 4 Ba
3,073 ft²
$2,100,000
638 Keolu Dr
5 Bds | 3 Ba
2,067 ft²
Other Oahu Homes
Kailua Beachside
$2,995,000
824 N Kalaheo Ave#A
5 Bds | 4.5 Ba
3,958 ft²
Kalama Tract & Coconut Grove
$2,100,000
244 Kihapai St#A
5 Bds | 3 Ba
3,157 ft²
Kaimalino
$3,299,000
676 Mokapu Rd
5 Bds | 4 Ba
3,962 ft²
Waialua
$2,650,000
67-241 Kahaone Lp
4 Bds | 3 Ba
1,900 ft²
Ahuimanu
$2,650,000
49-797 Kamehameha Hwy
6 Bds | 4 Ba
2,552 ft²
Waialua
$2,650,000
67-259 Kahaone Lp
3 Bds | 2 Ba
1,116 ft²
  • Sold 9/10/25 at $2,550,000
    (List Price: $2,650,000)
Description
$100,000 PRICE IMPROVEMENT! 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. 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.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 23, 2026.Information is deemed reliable but not guaranteed.
    • Sep 10, 2025 Sold for $2,550,000
    • Jul 28, 2025 Under Contract
    • Jun 24, 2025 Price $2,650,000
    • May 30, 2025 Listed at $2,750,000
    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
    $2,345,000
    1091 Alahaki St
    5 Bds | 3 Ba
    1,800 ft²
    $2,199,900
    889 Akumu St
    5 Bds | 4 Ba
    3,073 ft²
    $2,100,000
    638 Keolu Dr
    5 Bds | 3 Ba
    2,067 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.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.