Nestled in Kailua’s coveted Enchanted Lakes community, this spacious single-level waterfront home at 520 Papalani St offers 2,045 sq.ft. of inviting living space. With 3 bedrooms, 3 bathrooms, and two additional, versatile rooms (perfect for a den, office, you decide), this well-built gem is in excellent condition, featuring a freshly painted interior and abundant natural light. Enjoy direct lagoon access for kayaking or relaxing by the water, complemented by lush surroundings and a thriving mango tree. This classic home in a serene, sought-after neighborhood is a unique opportunity to craft your paradise. Just minutes from Lanikai, enjoy world-class beaches, kayaking to the Mokulua Islands, the scenic Lanikai Pillbox hike, and Kailua Town's charming restaurants, shops, and much more. Open House 1:00 pm - 5:00 pm Sunday, June 22, 2025.
Closed
$1,860,000
520 Papalani St, Kailua, HI 96734
3beds
2,045sqft
Single Family Residence
Built in 1961
-- sqft lot
$1,850,700 Zestimate®
$910/sqft
$6,578 Estimated rent
Home value
$1,850,700
$1.72M - $2.00M
$6,578/mo
Zestimate® history
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List your homeWhat's special
Freshly painted interiorWaterfront homeAbundant natural lightDirect lagoon accessThriving mango treeVersatile rooms
Zillow last checked:
Listing updated:
Listed by:
Jana R Staggs 808-351-2993,
eXp Realty,
Libby D Lum 808-383-4165,
eXp Realty
Bought with:
Leon Mosher, RB-20948
Coldwell Banker Realty
Source: HiCentral MLS,MLS#: 202512336
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 2,045
- Total interior livable area: 2,045 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Driveway, Three or more Spaces, On Street
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Frontage type: Canal,Waterfront
Lot
- Features: Cleared, Interior Lot, Level
- Topography: Level
Details
- Parcel number: 1420410750000
- Zoning description: 05 - R-5 Residential District
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Single Wall, Wood Frame
Condition
- Excellent,Good Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, High Speed Internet Available, Other, Water Available
Community & HOA
Community
- Security: Key Card Entry
- Subdivision: Enchanted Lake
Location
- Region: Kailua
Financial & listing details
- Price per square foot: $910/sqft
- Tax assessed value: $1,645,400
- Annual tax amount: $5,226
- Date on market: 6/18/2025
- Inclusions: Book Shelves, Ceiling Fan, Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Heater
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $1,860,000+4%$910/sqft |
Source:  HiCentral MLS #202512336 Report a problem | ||
| 6/25/2025 | Contingent | $1,788,000$874/sqft |
Source: HiCentral MLS #202512336 Report a problem | ||
| 6/19/2025 | Listed for sale | $1,788,000+396.7%$874/sqft |
Source: HiCentral MLS #202512336 Report a problem | ||
| 2/14/1996 | Sold | $360,000$176/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,199 -0.5% | $1,645,400 -0.5% |
| 2024 | $5,226 +10.2% | $1,653,200 +10.6% |
| 2023 | $4,743 -2.5% | $1,495,100 -2.2% |
| 2022 | $4,862 +25.9% | $1,529,200 +23% |
| 2021 | $3,861 +14.6% | $1,243,200 +12.8% |
| 2020 | $3,369 +1.8% | $1,102,500 +3.5% |
| 2019 | $3,309 +5.1% | $1,065,400 +4.5% |
| 2018 | $3,149 +5.1% | $1,019,800 +4.5% |
| 2017 | $2,996 +8.7% | $975,900 +7.6% |
| 2016 | $2,755 +8.1% | $907,100 +7% |
| 2015 | $2,548 +12.2% | $848,100 -0.9% |
| 2014 | $2,271 | $855,900 +14.2% |
| 2013 | -- | $749,200 +6.1% |
| 2012 | -- | $706,300 -8.1% |
| 2011 | -- | $768,800 -3.9% |
| 2010 | -- | $799,600 -1.4% |
| 2009 | -- | $811,300 +3.1% |
| 2008 | -- | $786,700 -23% |
| 2007 | -- | $1,021,400 +19.5% |
| 2006 | -- | $854,400 +29.3% |
| 2005 | -- | $660,600 +42.3% |
| 2004 | -- | $464,100 +1.2% |
| 2003 | $938 +8.3% | $458,700 +78.6% |
| 2002 | $866 | $256,900 |
| 2000 | -- | -- |
| 1999 | -- | $355,800 |
Find assessor info on the county website
Neighborhood: 96734
Nearby homes
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Nearby schools
GreatSchools rating
- 10/10Enchanted Lake Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 7/10Kailua Intermediate SchoolGrades: 7-8Distance: 0.6 mi
- 4/10Kailua High SchoolGrades: 9-12Distance: 1.1 mi
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- Hawaii
- Honolulu County
- Kailua
- 96734
- 520 Papalani St
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