$1,995,000

485 Wanaao Rd Kailua, HI 96734

$10,000
Closing credit¹
4 beds
2 full
1,510 sqft
$1,321 / sqft
House

Property details

About 485 Wanaao Rd

Nestled at the scenic intersection of Kawainui and Ka'elepulu Canals, this expansive legacy property spans over 16,600 sq ft and offers a rare opportunity to create a custom waterfront retreat. Whether you choose to renovate the existing structure or start anew, the unparalleled location is a waterman's dream. Paddle or boat from your new backyard to Kailua Beach or cruise to Buzz’s for sunset drinks and pupus—this is island living at its finest. Opportunities like this are scarce, making it an exceptional offering for builders, investors, or those seeking a truly special homesite. Photos are digitally staged and enhanced, sale may be subject to court approval.

Highlights

Home typeSingle Family Residence
HeatingWater Heater
StatusActive
CoolingCeiling Fan(s)
Size1,510 sqft
Year built1954
ParkingBoat, Driveway, Garage, Three or more Spaces, On Street
MLS #202511374
WaterfrontCanal
ViewCanal

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Ceiling Fan(s), Water Heater
  • Flooring Type: Ceramic Tile, Laminate
  • Interior: Ceiling Fan(s)
  • Total Bedroom Count: 4
  • Parking: Boat, Driveway, Garage, Three or more Spaces, On Street
  • Waterfront: Canal
  • View: Canal
  • Architectural Style: Detached
  • Heating: Water Heater
  • Cooling: Ceiling Fan(s)
  • List Price: $1,995,000
  • Price/SqFt: $1,321
  • Annual Tax Amount: $6,483
  • Tax Year: 2024
  • Lot: Cleared, Corner Lot, Level
  • Year Built: 1954
  • Stories: 1
  • Living Area: 1,510 SqFt
  • MLS Number: 202511374
  • MLS Name: HICMLS
  • Office Name: Carvill Sothebys Intl. Realty
  • Office Phone: (808) 263-5900
  • Agent Phone: (808) 389-8071
  • Agent Email: eric@carvillsir.com

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

Some of the active listings appearing on this site may be listed by other REALTORS®. 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.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bird's eye view with a water view and a residential view

$1,995,000

485 Wanaao Rd

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 23, 2003
Home Sold
$290,600

Tax history

YearAssessmentProperty Tax
2024$2,082,700$6,483
2023$1,952,300$5,984
2022$1,809,800$5,984
2021$1,481,300$4,834
2020$1,354,600$4,391
2019$1,353,300$3,949
2018$1,208,500$3,949
2017$1,113,400$3,616

History based on county public records data.

Nearby schools

10

Ka'Ohao Public Charter School

Public Charter PK-6

0.4 mi

140 Alala Rd

9

Enchanted Lake Elementary School

Public District PK-6

0.5 mi

770 Keolu Dr

2

Kailua Elementary School

Public District PK-6

0.8 mi

315 Kuulei Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $121,795. Residents of Kailua, HI typically earn between $100k-200k each year. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

3%
<35k
33%
35k-100k
45%
100k-200k
19%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
6%
Single, with Kids
35%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
19%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • SoccerSoccer

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • StarbucksStarbucks

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 485 Wanaao Rd

The listing price of 485 Wanaao Rd property is $1,995,000.

The property 485 Wanaao Rd is a house located in Kailua, Hawaii, 96734.

Active Listing: 485 Wanaao Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 485 Wanaao Rd are: Ka'Ohao Public Charter School (GreatSchools Rating 10/10), Enchanted Lake Elementary School (GreatSchools Rating 9/10), Kailua Elementary School (GreatSchools Rating 2/10), Kailua Intermediate School (GreatSchools Rating 6/10), Waimanalo Elementary & Intermediate School (GreatSchools Rating 3/10), Malama Honua Charter School (GreatSchools Rating 7/10), Kailua High School (GreatSchools Rating 4/10), Olomana School (GreatSchools Rating 2/10), Kalaheo High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $6,483 (source: MLS/based on county public records data).

The last sale was on December 23, 2003 for $290,600 (source: MLS/tax record).

The property at 485 Wanaao Rd has 4 bedrooms and 2 bathrooms.

The property 485 Wanaao Rd is 1,510 SqFt (source: MLS/tax record).

The year of construction for 485 Wanaao Rd is 1954.

This home is located at 485 Wanaao Rd in Kailua, HI and zip code 96734 in the Kailua neighborhood. This 1,510 square foot home was built in 1954. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $1,995,000.

Kailua, HI housing market in April 2025 saw over 16 listings sold above listed price, more than 13 sold at listed price and over 29 sold below. The number of homes for sale in Kailua, HI increased by 17.1% between March and April 2025. Listings spent 27 days on the market in April 2025, and had a median list price of $1,150,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources