Residential Property - Single Family Residence in Cape Coral
Listing Price: $1,500,000
Description of Property
Elevation Certificate Confirms Property Sits at Nearly 10ft | Flood Insurance Under $1,000 Annually | ZERO History of Water Intrusion OUTSTANDING LUCRATIVE AIRBNB POTENTIAL This nearly 5,000 sq ft SAILBOAT Gulf Access pool TRIPLE LOT home is a rare find—featuring 4 MASTER SUITES and a total of 7 bedrooms and 6 full bathrooms. Fully renovated by an award-winning architect and nestled on a quiet cul-de-sac in Cape Coral’s coveted Eight Lakes neighborhood, adjacent to the prestigious Westin Resort. A boater’s dream, enjoy a 10-minute boat ride to open water with NO BRIDGES, plus quick access to Cape Harbour and Tarpon Pointe waterfront dining. This meticulously maintained private family vacation home has never experienced water intrusion and holds massive short-term rental potential. Based on six years of Airbnb pro-forma data, estimated gross revenue at 55% occupancy ranges from $99,000 to $128,700 annually, with an average nightly rate of $493. (More details available.) Enjoy WESTERN EXPOSURE and unforgettable sunsets over the canal. Features include: 3-Car Garage | Captain’s Walk & 10K LB Boat Lift | Chef’s Dream Kitchen with Oversized Island | Volume Ceilings | Abundant Closet & Storage Space | Security System | Travertine Tile Driveway & Pool Deck | NO HOA Fees The thoughtful layout includes 2 suites on the first floor, 3 guest rooms with 2 additional full baths, a private-entry suite, and a second-floor suite with balcony overlooking the canal and saltwater, fully-automated pool & spa, heated quickly with an LP gas heater. Standout features include: Brazilian Ipe Hardwood Siding, 10ft Custom Double Hardwood Doors, Lush Mature Landscaping with 2 Mango Trees, Oversized Travertine Paver Circle Driveway This home is built for luxury and peace of mind: 22kW LP Generator, 1,000-gallon In-Ground LP Tank, 3 LP Tankless Water Heaters, LP Gas Range & Fireplace, Impact-Rated Windows & Doors, Professional Multi-Node Wi-Fi System, Hardwired Security Camera System A truly one-of-a-kind custom 2-story build, perfectly positioned to enjoy everything the SW Florida lifestyle has to offer. Schedule your same-day tour on Redfin now!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Cape Coral
County: Lee
Subdivision: Cape Coral
Bedrooms: 7
Bathrooms: 6
Sq. Ft. Gross: 7,137
Sq. Ft. Living Area: 4,798
Cost per (heated) sqare foot: $313
Year built: 1988
Annual Tax: $8,574
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Gas
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Salt Water
Spa Features: In Ground
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Canal - Saltwater
Exterior & Construction
Construction: Wood Siding
Foundation: Block
Roof: Shingle
Exterior Features: Private Mailbox
Garage: Yes
Garage Spaces: 2
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features: Security System Owned
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.3
Lot Size (sq. ft.): 13,199 square feet
Front Exposure: West
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 154523C404521.0040
Zoning: R1-W
Tax Legal Desc.: CAPE CORAL UNIT 64 BLK 4521 PB 21 PG 84 LOT 4
Section: 15
Range: 23E
Listing courtesy of REDFIN CORPORATION. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This 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. The data is deemed reliable but is not guaranteed accurate by the MLS.
