In this work, the enzymatic synthesis of pentyl acetate obtained from acetic acid and pentan-1-ol using the commercial immobilized lipase Lipozyme®435 was studied. Specifically, the effects of several variables of the process on the kinetics were shown, such as the initial concentration of the acetic acid, the alcohol/acid molar ratio, and the possible reuse of the enzyme, while other variables, such as temperature, agitation, and the enzyme/acid ratio were held constant. The kinetics were determined by assessing the acetic acid concentration throughout the reactive process. Experimental data were correlated with the rate equation consisting of a modified version of the Bi−Bi Ping-Pong mechanism. The results showed that when no hydrophobic solvents were used with the reagents in stoichiometric proportion, a high molar fraction of acetic acid (x0,acid ≈ 0.50) caused the loss of enzymatic activity, achieving a conversion of only 5%. However, when there was an excess of pentan-1-ol, the reaction occurred successfully. Under optimal conditions (solvent-free conditions, x0,alcohol/x0,acid = 2, and x0,acid = 0.33), it was found that the enzyme could be reused up to 10 times without a loss of activity, reaching conversions higher than 80% after 8 h. Therefore, those conditions are advantageous in terms of productivity.