$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.
Active under contract
Price cut: $100K (6/24)
$2,650,000
902 Wanaao Rd, Kailua, HI 96734
5beds
3,914sqft
Est.:
Single Family Residence
Built in 1963
-- sqft lot
$2,527,400 Zestimate®
$677/sqft
$25/mo HOA
What's special
Waterfront estateSpacious interiorsPristine water frontageSeparate entrancesBreathtaking backdrop
- 82 days
- on Zillow |
- 620 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 05:37pm
Listed by:
Daniel K Ihara 808-343-3695,
Keller Williams Honolulu,
Jarett Kitaoka 808-430-4899,
Keller Williams Honolulu
Source: HiCentral MLS,MLS#: 202512853

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Bedroom on Main Level, Full Bath on Main Level
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 4,320
- Total interior livable area: 3,914 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Garage, Three or more Spaces
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: In Ground, Pool
- Has view: Yes
- View description: Canal, Mountain(s)
- Has water view: Yes
- Water view: Canal
- Frontage type: Lakefront,Waterfront
Lot
- Features: Cleared, Interior Lot, Level
- Topography: Level
Details
- Parcel number: 1420490270000
- Zoning description: 05 - R-5 Residential District
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Double Wall, Hollow Tile, Vinyl Siding, Wood Frame
Condition
- Excellent,Good Condition
- New construction: No
- Year built: 1963
- Major remodel year: 2025
Utilities & green energy
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Deck/Porch, Patio
- Subdivision: Enchanted Lake
HOA
- HOA fee: $25 monthly
- HOA name: Enchanted Lake Residents
Location
- Region: Kailua
Financial & listing details
- Price per square foot: $677/sqft
- Tax assessed value: $1,968,700
- Annual tax amount: $6,888
- Date on market: 5/30/2025
- Inclusions: AC Split, Auto Garage Door Opener, Ceiling Fan, Dishwasher, Dryer, Microwave Hood, Photovoltaic - Owned, Range/Oven, Solar Heater, Washer
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