Enchanted Lake Homes under $1.25 million

Welcome to Enchanted Lake, a picturesque neighborhood nestled in the heart of Kailua, Oahu. Known for its serene atmosphere and stunning natural beauty, Enchanted Lake offers a unique blend of suburban charm and island lifestyle. With lush greenery, tranquil waterways, and breathtaking views of the Ko'olau Mountains, this community is a true oasis for those seeking a peaceful retreat.

Enchanted Lake is perfect for families, retirees, and anyone looking to enjoy the laid-back Hawaiian lifestyle. The neighborhood boasts a variety of outdoor activities, including kayaking, paddleboarding, and hiking, all just moments away from your doorstep. The nearby Kailua Beach, often rated among the best beaches in the world, offers soft sands and crystal-clear waters, making it an ideal spot for sunbathing, swimming, and beachcombing.

For those considering a home in this enchanting locale, you’ll be pleased to discover that there are beautiful properties available for under $1.25 million. These homes often feature spacious layouts, modern amenities, and charming outdoor spaces perfect for entertaining or relaxing. Many properties are situated near the lake, providing residents with stunning views and easy access to water activities.

With a strong sense of community, excellent schools, and convenient access to local shops and restaurants, Enchanted Lake is not just a place to live; it's a lifestyle. Experience the magic of island living in this delightful neighborhood where every day feels like a vacation. Come explore your future home in Enchanted Lake, where paradise awaits!

Newest Enchanted Lake Homes under $1.25 million

$845,000

3 Beds ⋅ 2 Baths ⋅ 202617820 MLS ⋅ FS - Fee Simple Tenure ⋅ 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

Listing courtesy of Keller Williams Honolulu.

$835,000

3 Beds ⋅ 2 Baths ⋅ 202616364 MLS ⋅ FS - Fee Simple Tenure ⋅ 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

Listing courtesy of HB Homes INC.

$840,000

3 Beds ⋅ 2 Baths ⋅ 202616275 MLS ⋅ FS - Fee Simple Tenure ⋅ 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

Listing courtesy of eXp Realty.

$848,000

3 Beds ⋅ 2 Baths ⋅ 202610853 MLS ⋅ FS - Fee Simple Tenure ⋅ Lakeview BLDG.

$5,000 Seller credit with an accepted offer in the first two weeks! Breezy Kailua living meets quality craftsmanship in this spacious corner townhome. Fresh remodel including upgraded lighting and smooth drywall create a bright, modern feel. The travertine-tiled kitchen with maple cabinets, granite counters, stainless appliances, and wine fridge opens to generous living and dining spaces ideal for everyday life and entertaining. A new wraparound Trex lanai extends your living area outdoors, capturing lush mountain and lake views and cool trade winds. Custom double-pane Low-E windows and oversized sliders throughout. First and second floor split AC, plus updated baths with travertine walk-in shower and deep tub. The two-level layout offers two bedrooms, laundry, and a full bath on the main level, with the primary suite upstairs boasting sweeping views of Enchanted Lake. Ample storage: multiple attic access points, under-stair closet, gated entry patio for bikes & boards, and exterior shed. Prepaid SunRun solar system minimizes electricity costs. Two reserved parking stalls plus guest parking make hosting effortless.

995 Akipohe Place Unit 3A, Kailua

Listing courtesy of eXp Realty.

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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.