$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.
Closed
$2,550,000
902 Wanaao Rd, Kailua, HI 96734
5beds
3,914sqft
Single Family Residence
Built in 1963
10,244 Square Feet Lot
$2,514,300 Zestimate®
$652/sqft
$6,610 Estimated rent
Home value
$2,514,300
$2.39M - $2.64M
$6,610/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: September 10, 2025 at 11:38am
Listed by:
Daniel K Ihara 808-551-1535,
Keller Williams Honolulu,
Jarett Kitaoka 808-430-4899,
Keller Williams Honolulu
Bought with:
Sandra A Martin, RS-65462
Sterman Realty
Source: HiCentral MLS,MLS#: 202512853
Originating MLS: HI Central
Originating MLS: HI CentralFacts & 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
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
- Size: 10,244 sqft
- 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
- Roof: Asphalt,Shingle
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 & neighborhood
Community
- Community features: Deck/Porch, Patio
Location
- Region: Kailua
- Subdivision: Enchanted Lake
HOA & financial
HOA
- HOA fee: $25 monthly
- Association name: Enchanted Lake Residents
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2025 | Sold | $2,550,000-3.8%$652/sqft |
Source:  HiCentral MLS #202512853 Report a problem | ||
| 7/29/2025 | Contingent | $2,650,000$677/sqft |
Source: HiCentral MLS #202512853 Report a problem | ||
| 6/24/2025 | Price change | $2,650,000-3.6%$677/sqft |
Source: HiCentral MLS #202512853 Report a problem | ||
| 5/31/2025 | Listed for sale | $2,750,000+409.3%$703/sqft |
Source: HiCentral MLS #202512853 Report a problem | ||
| 8/31/1994 | Sold | $540,000$138/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,968,700 +3.7% |
| 2024 | $11,470 +75.9% | $1,898,500 -5.2% |
| 2023 | $6,521 +11.1% | $2,003,200 +10.3% |
Find assessor info on the county website
Neighborhood: 96734
Nearby schools
GreatSchools rating
- 9/10Enchanted Lake Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 7/10Kailua Intermediate SchoolGrades: 7-8Distance: 1.1 mi
- 4/10Kailua High SchoolGrades: 9-12Distance: 1.1 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$2,514,300
2% more
+$50,286
With Zillow Showcase(estimated)
$2,564,586
- Hawaii
- Honolulu County
- Kailua
- 96734
- 902 Wanaao Rd