Enchanted Lake, Kailua, HI

Enchanted Lake — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Enchanted Lake, Kailua, Hawaii. Explore the cited sources and local facts below while agent underwriting continues.

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Enchanted Lake Neighborhood Overview

Overview

Enchanted Lake is a serene residential neighborhood in Kailua, on the windward coast of Oʻahu. It is named for the 100-acre, spring-fed, brackish lake (Kawainui) at its heart, which was once part of a vast fishpond system. The area offers a peaceful, family-oriented atmosphere just minutes from the world-famous Kailua Beach.

Character & Lifestyle

The neighborhood has a strong community feel, characterized by quiet, tree-lined streets and a mix of long-time residents and newer families. The pace is relaxed and suburban, with a focus on outdoor living and neighborly connections. Community events and the active neighborhood association further enhance its tight-knit vibe.

Housing

Housing primarily consists of single-family homes from the mid-20th century, many with renovations and expansions, on modest-sized lots. Architectural styles are largely Hawaiian plantation and post-war ranch homes, with some newer, larger custom builds. A few low-rise condominium complexes, like the Lakeside, are also found near the entrance.

Getting Around

Enchanted Lake is accessed via Kalanianaʻole Highway (72), with its main entrance off Keolu Drive. While a car is essential for most errands, the flat terrain makes it popular for biking and walking within the neighborhood. The commute to Honolulu via the Pali or Likelike Highways can experience significant morning and afternoon traffic.

Dining & Shopping

Residents typically drive a short distance to central Kailua Town for major shopping and a wide array of dining options. Within the neighborhood itself, key spots include the Enchanted Lake Shopping Center, home to Times Supermarket, a few local eateries, and essential services. The nearby Kalapawai Market at the entrance is a beloved landmark for coffee, groceries, and deli items.

Parks & Recreation

The lake itself is a central recreational feature, used for kayaking, stand-up paddleboarding, and watching native waterbirds. The neighborhood park, located on the lake's edge, offers tennis courts, a playground, and open fields. World-class Kailua Beach Park, with its soft white sand and turquoise water, is less than a five-minute drive away.

Enchanted Lake Market Data

MetricValue
Median Home Price$708K
Median Gross Rent$2K/mo
Median Household Income$118K
Homeownership Rate78.5%
Renter-Occupied21.5%
Rental Vacancy Rate6.5%
Market TypeBalanced
Primary ZIP Code96795

Top Real Estate Agents in Enchanted Lake, Kailua

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