Enchanted Lake Homes under $1.25 million

Welcome to Enchanted Lake, a hidden gem nestled in the heart of Kailua, Oahu. This picturesque neighborhood is renowned for its serene atmosphere, stunning views, and a vibrant sense of community. Imagine waking up to the gentle sound of waves and the warm Hawaiian sun spilling into your home. Enchanted Lake offers a lifestyle that perfectly blends relaxation with adventure, making it an ideal place for families, retirees, and everyone in between.

The community is characterized by its lush landscapes, tranquil lakes, and proximity to some of the most beautiful beaches in Hawaii. Residents enjoy easy access to the crystal-clear waters of Kailua Beach and Lanikai Beach, where you can spend your days swimming, paddleboarding, or simply soaking up the sun. The neighborhood is also home to a variety of parks, walking trails, and recreational facilities that encourage an active lifestyle.

When it comes to housing, Enchanted Lake offers a diverse selection of homes under $1.25 million, making it an attractive option for those looking to invest in paradise without breaking the bank. From charming single-family homes to modern townhouses, there’s something to suit every taste and budget. Many of these properties feature spacious yards, updated interiors, and breathtaking views, providing the perfect backdrop for your Hawaiian dream.

With a strong sense of community, excellent schools, and an abundance of outdoor activities, Enchanted Lake is not just a place to live; it’s a place to thrive. Discover the magic of Kailua and make Enchanted Lake your new home today!

Newest Enchanted Lake Homes under $1.25 million

$845,000

3 Beds ⋅ 2 Baths ⋅ 202617820 MLS ⋅ FS - Fee Simple Tenure ⋅ 26 DOM ⋅ Lakeview BLDG.

Discover the comfort and convenience of Kailua living in this beautifully renovated 3-bed, 2-bath townhouse, ideal for a working professional or growing family. Fully renovated in 2026, the home has been thoughtfully refreshed from top to bottom, including the kitchen, flooring, bathrooms, appliances, and removed popcorn ceiling, creating a modern and move-in-ready living experience. As an end unit, the home offers an added sense of privacy and is tucked among lush greenery, creating a secluded atmosphere that feels like a retreat. The open-concept living area provides a welcoming space for everyday living and entertaining, while the patio extends the living space outdoors and captures the indoor-outdoor lifestyle Hawaii is known for. Multiple storage areas add valuable functionality, helping keep the home organized and comfortable. Located in a desirable neighborhood, the property also offers two parking spaces plus guest parking. With its comprehensive 2026 remodel, generous outdoor spaces, and desirable location, this is an opportunity to enjoy a brand new home while staying close to the lifestyle, community, and convenience that make Kailua such a special place to call home.

978-A Akipohe Place Unit 2A, Kailua

$835,000

3 Beds ⋅ 2 Baths ⋅ 202616364 MLS ⋅ FS - Fee Simple Tenure ⋅ 49 DOM ⋅ Lakeview BLDG.

Lake views, privacy, VA Assumable with a 5.75% mortgage rate and a layout that feels different from the typical townhome. This 3-bedroom, 2-bath home in Lakeview Townhomes offers one of the community’s rare full lake views and a floor plan with separation where it matters. The downstairs level creates a private primary retreat, with the primary bedroom and full bath tucked away from the rest of the home and surrounded by peaceful tree views. Thoughtfully maintained and refreshed throughout, the home features updated bathroom sinks, refreshed kitchen cabinetry, a new dishwasher, window screens, and blinds. The split AC condenser was relocated beneath the home, opening up additional usable lanai space for relaxing, entertaining, and enjoying the lakefront setting. There’s also additional storage beneath the home—an especially useful bonus in townhome living. Enjoy the lake views year-round, plus a front-row seat when Fourth of July and New Year’s fireworks light up the sky. Bike, walk or dive because you're minutes from Kailua Town, beaches, dining, shopping, and schools, this home offers the space, setting, and convenience that make Windward living so special.

1237 Akipohe Streets Unit 4C, Kailua

$840,000

3 Beds ⋅ 2 Baths ⋅ 202616275 MLS ⋅ FS - Fee Simple Tenure ⋅ 51 DOM ⋅ Lakeview BLDG.

Welcome to this special corner-unit townhome in the desirable Lakeview community of Enchanted Lake! This 3-bedroom, 2-bath residence offers convenient living with 2 assigned parking stalls and a location that puts you right next to the parking area, mailboxes, and trash facilities. Recently renovated and featuring a spacious wrap-around lanai, the home captures beautiful sunrise and lake views while enjoying the cool tradewind breezes that make Enchanted Lake so comfortable year-round. The open layout and thoughtful updates create a bright, inviting space ready for its next owner. Assessment is paid in full. Enjoy the ease of townhome living in one of Kailua’s most established neighborhoods, just minutes from shopping, dining, schools, and the beach. Don’t miss this opportunity—schedule your showing today!

1139 Akipohe Street Unit 11D, Kailua

Start Your Search

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.