UNDER CONTRACT
$100K PRICE DROP
902 Wanaao Rd Kailua, HI 96734
Estimated payment $15,011/month
Total Views
18,170
5
Beds
4
Baths
3,914
Sq Ft
$677
Price per Sq Ft
Highlights
- Lake Front
- In Ground Pool
- Building Patio
- Enchanted Lake Elementary School Rated 9+
- Main Floor Bedroom
- Views
About This Home
$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 cafes, and Kailua’s local charm, this is a rare opportunity to live where luxury meets lifestyle—every single day.
Listing Agent
Keller Williams Honolulu Brokerage Phone: (808) 596-2888 License #RS-65892 Listed on: 05/30/2025
Co-Listing Agent
Keller Williams Honolulu Brokerage Phone: (808) 596-2888 License #RS-83967
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,888
Year Built
- Built in 1963
Lot Details
- 10,244 Sq Ft Lot
- Lake Front
- Property fronts a county road
- Level Lot
- Property is in excellent condition
- Zoning described as 05 - R-5 Residential District
HOA Fees
- $25 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 3,914 Sq Ft Home
- 2-Story Property
- Property Views
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 4 Full Bathrooms
Parking
- 3 Car Garage
- Driveway
Pool
- In Ground Pool
Listing and Financial Details
- Assessor Parcel Number 1-4-2-049-027-0000
Community Details
Overview
- Enchanted Lake Residents Association
- Enchanted Lake Subdivision
Amenities
- Building Patio
- Community Deck or Porch
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,085 | $1,968,700 | $1,514,400 | $454,300 |
| 2024 | $6,085 | $1,898,500 | $1,514,400 | $384,100 |
| 2023 | $6,171 | $2,003,200 | $1,514,400 | $488,800 |
| 2022 | $5,868 | $1,816,700 | $1,350,700 | $466,000 |
| 2021 | $5,284 | $1,649,700 | $1,096,900 | $552,800 |
| 2020 | $4,417 | $1,402,000 | $1,080,600 | $321,400 |
| 2019 | $4,551 | $1,420,400 | $1,080,600 | $339,800 |
| 2018 | $4,299 | $1,348,400 | $998,700 | $349,700 |
| 2017 | $4,014 | $1,266,900 | $875,900 | $391,000 |
| 2016 | $3,824 | $1,212,700 | $825,000 | $387,700 |
| 2015 | $3,078 | $999,400 | $724,400 | $275,000 |
| 2014 | $3,319 | $1,076,400 | $643,900 | $432,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | Price Changed | $2,650,000 | -3.6% | $677 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $2,750,000 | -- | $703 / Sq Ft |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Deed | $540,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | Unknown | |
| Closed | $360,000 | No Value Available | |
| Closed | $367,500 | No Value Available |
Source: Public Records
Similar Homes in Kailua, HI
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202512853
APN: 1-4-2-049-027-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd
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