Phenol does have some solubility in water - about 8.3 g in 100 mL. The polar and hydrogen bonding OH group is somewhat able to offset the very non-polar, hydrophobic benzene ring. However, eugenol is not phenol - it also has the relatively non-polar methoxy group and the very hydrophobic hydrocarbon chain attached, lowering the water solubility to about 0.25 g in 100 mL. The octane-water partition coefficients for the two compounds are 28.8 for phenol and 186 for eugenol, indicating that even phenol prefers hydrophobic to hydrophilic solvents, but not as much as eugenol does. You can extract both away from water using hexane.