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$750,000
CAPE CORAL, FL 33990
Estimated payment $4,367/month
no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
Under contract-accepting backup offers. This waterfront **POOL** home in Cape Coral is situated on a highly desirable **TRIPLE LOT** on Lake Saratoga, **30 ACRE LAKE** part of the city’s network of seven interconnected freshwater lakes. Positioned entirely within **FLOOD ZONE X** the home requires no flood insurance and experienced zero flooding from past storms. Buyers will benefit from low-cost insurance options, supported by a recent wind mitigation report that is available upon request. Additionally, ***CITY WATER AND SEWER** with **ASSESSMENTS PAID** plus the property has **NO HOA**. Only **$188/SQFT!** The exterior is uniquely equipped to maximize the stunning lakefront location. A standout feature is the convenient, gently sloped **PRIVATE BOAT RAMP** located directly on the lot, allowing for the easy launch of kayaks, canoes, paddleboards, and small watercraft straight into miles of navigable freshwater. The waterfront infrastructure also includes an exceptionally long wooden dock complete with a Tiki Hut, offering a shaded space for daytime relaxation and outdoor entertaining. Because the property boasts **PANORAMIC**, unobstructed views of the lake, the dock serves as an ideal vantage point for watching spectacular daily **SUNRISE & SUNSETS** over the water! Inside, the home offers a functional and open floor plan designed to capture abundant natural light and direct water views. For buyers interested in **MULTI-GENERATIONAL** living or increasing the home's footprint, architectural plans are already available to add a **MOTHER-IN-LAW SUITE**. This proposed addition provides an excellent opportunity to customize the property to comfortably accommodate extended family, long-term guests, or additional rental capacity. From an investment standpoint, this property serves as a perfect rental opportunity. With absolutely no HOA and **ZERO RENTAL RESTRICTIONS** the home can be fully utilized as a short-term vacation rental or a standard annual lease. The powerful combination of a sprawling triple lot, direct water access, and significant expansion potential makes this a highly versatile and valuable asset. Located in an established, quiet residential neighborhood, the property remains peacefully secluded while offering close proximity to Cape Coral’s dining, shopping, and commercial centers.
Tour with a local agent
| Date | Event | Price |
|---|---|---|
| 2026-10-08T00:00:00.000Z | Listed for sale | $750,000$188/sqft |
Melissa Patriarca
REDFIN CORPORATION
Brokerage Phone: 617-458-2883
Source: Stellar MLS · MLS #TB8555991
Data Powered by Home Junction, Inc.
MID CAPE GLOBAL ACADEMY
Elementary · 0.7 mi
NORTH NICHOLAS HIGH SCHOOL
High · 1.2 mi
HECTOR A. CAFFERATA JR ELEMENTARY SCHOOL
Elementary · 1.3 mi
Publix
0.8 mi
Bravo Supermarkets
0.9 mi
Key Food Supermarkets
0.9 mi
My Cupcake Insanity
0.0 mi
Sue's Kitchen
0.5 mi
Capt Nemo's
0.6 mi
Saratoga Lake Park
0.2 mi
Cultural Park
0.4 mi
William "Bill" Austen Youth Center & Eagle Skate Park
0.7 mi
Bowditch Point Park Beach
11.9 mi
Lynn Hall Memorial Park Beach
12.9 mi
Fort Myers Beach
13.1 mi
Nearby amenity locations include data © OpenStreetMap contributors.