Hawaii Living

557 Wanaao Rd (Enchanted Lake)

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Photo 1 of 557 Wanaao Rd, Kailua
557 Wanaao Rd, Kailua
Selling or Buying in Enchanted Lake?
Description
Spacious single level 4 bed, 3.5 bath, 7,500 Sq. ft. lot. With over 2500 sq. ft. of living area, this home has an open floor plan including a living room, family room, dining area, two master bedrooms one of which has a wet bar great for guest or family. Conveniently located near restaurants, movie theater, schools, shopping centers, and Kailua beach. Excellent opportunity to add your personal touches to make this house your home.
Past Activity
  • Jan 08, 2021 Sold for $1,010,000
  • Dec 10, 2020 Under Contract
  • Dec 05, 2020 Price $1,025,000
  • Oct 21, 2020 Price $1,049,000
  • Sep 05, 2020 Listed at $1,075,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $401
  • Year Remodeled: 1963
  • Zoning: 04 - R-7.5 Residential District
  • Flood Zone: Zone X
  • Elementary School: Enchanted Lake
  • Middle School: Kailua
  • High School: Kailua
  • View: Mountain
  • Furnished: None
  • Property Condition: Average
  • Security Features: Key
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Maids/Guest Qrters, Patio/Deck, Wall/Fence
  • TMK: 1-4-2-39-66-0
  • Tax Assessed Land: $772,500
  • Tax Assessed Improvements: $129,500
  • Tax Assessed Total: $902,000
  • Courtesy: Beachside Island Homes LLC
  • MLS: 202023242
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 January 19, 2026.Information is deemed reliable but not guaranteed.
Other Enchanted Lake Homes
$2,249,999
889 Akumu St
5 Bds | 4 Ba
3,073 ft²
$2,395,000
1091 Alahaki St
5 Bds | 3 Ba
1,800 ft²
Other Oahu Homes
Koolaupoku
$1,199,000
813 Maluniu Ave
4 Bds | 1 Ba
1,012 ft²
Kalama Tract & Coconut Grove
$1,340,000
245 Hualani St#A
4 Bds | 2 Ba
1,496 ft²
Kalama Tract & Coconut Grove
$1,350,000
637 Kuaaina Way
4 Bds | 3 Ba
1,592 ft²
Ocean Pointe
$1,025,000
91-6611 Kapolei Parkway
3 Bds | 2.5 Ba
1,510 ft²
Hoakalei
$1,039,000
91-1531 Kaikohola St#D72
4 Bds | 3 Ba
1,668 ft²
Ewa Gentry
$1,039,000
91-309 Kailike Pl
3 Bds | 2.5 Ba
1,530 ft²
  • Sold 1/8/21 at $1,010,000
    (List Price: $1,025,000)
Description
Spacious single level 4 bed, 3.5 bath, 7,500 Sq. ft. lot. With over 2500 sq. ft. of living area, this home has an open floor plan including a living room, family room, dining area, two master bedrooms one of which has a wet bar great for guest or family. Conveniently located near restaurants, movie theater, schools, shopping centers, and Kailua beach. Excellent opportunity to add your personal touches to make this house your home.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 19, 2026.Information is deemed reliable but not guaranteed.
    • Jan 08, 2021 Sold for $1,010,000
    • Dec 10, 2020 Under Contract
    • Dec 05, 2020 Price $1,025,000
    • Oct 21, 2020 Price $1,049,000
    • Sep 05, 2020 Listed at $1,075,000
    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
    $2,249,999
    889 Akumu St
    5 Bds | 4 Ba
    3,073 ft²
    $2,395,000
    1091 Alahaki St
    5 Bds | 3 Ba
    1,800 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.
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    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.
    Learn about property tax rates.