| 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. |
|---|---|
| Status | Sold since 05-30-2025 |
| MLS# | 202512853 |
| Price | $2,650,000 |
| Original Price | $2,750,000 |
| Price Change | $-100,000 (-3.64%) |
| Beds / Baths / Half | 5 / 4 / 0 |
| Parking Spaces | 5 |
| Living Sq Ft | 3,914 |
| Land Sq Ft | 10,244 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $25 |
| Address | 902 Wanaao Road Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Enchanted Lake |
| Days on Market | 59 |
| Year Built | 1963 |
| Year Remodeled | 2025 |
| Condition | Excellent,Above Average |
| View | Marina/Canal, Mountain |
| Frontage | Lake/Pond, Waterfront |
| Pool | In Ground, Plaster, Pool on Property |
| Parking | 3 Car+, Driveway, Garage |
| Zoning | 05 - R-5 Residential District |
| Flood Zone | Zone X |
| Tax Amount | $574 |
| Assessed Land | $1,514,400 |
| Assessed Building | $454,300 |
| Assessed Total | $1,968,700 |
| Assessed Ratio | 135% |
| Inclusions | AC Split, Auto Garage Door Opener, Ceiling Fan, Dishwasher, Dryer, Microwave Hood, Photovoltaic - Owned, Range/Oven, Solar Heater, Washer |
| Amenities | Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck |
| Utilities | Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Water |
| Construction | Above Ground, Double Wall, Hollow Tile, Vinyl, Wood Frame |
| Lot Features | Clear |
| Flooring | Ceramic Tile, Vinyl |
| Disclosures | Photovoltaic, Property Disclosure Stmt |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Building Style | Detach Single Family |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-4-2-049-027-0000 |
| Listing courtesy of | Keller Williams Honolulu |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-10-2025 | 202512853 | Sold | C | S | $2,650,000 | $2,550,000 | $1,968,700 | $1,514,400 | $454,300 |
| 07-28-2025 | 202512853 | Active Under Contract | A | C | $2,650,000 | $2,550,000 | $1,968,700 | $1,514,400 | $454,300 |
| 06-24-2025 | 202512853 | Price Decrease | $2,750,000 | $2,650,000 | $2,650,000 | $2,550,000 | $1,968,700 | $1,514,400 | $454,300 |
| 05-30-2025 | 202512853 | New Listing | A | $2,650,000 | $2,550,000 | $1,968,700 | $1,514,400 | $454,300 |
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