3 Bed Townhouse for Sale in Cape Coral
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For SaleMLS# 2026019813

$270,000

3 Bed Townhouse for Sale in Cape Coral

1516 Fells Cove Lane, Cape Coral, FL, 33909

3 beds2.5 baths1,831 sqft1 garage
GatedTennisBocceFitness CenterClubhouseBasketballPlaygroundCommunity Pool

About this home

Welcome to this beautifully upgraded new construction townhome located in the highly desirable gated community of Coral Lakes. This move-in ready residence has been thoughtfully enhanced beyond builder-grade with numerous custom features throughout. Step inside to a freshly painted interior that offers a clean, modern feel. The spacious living area flows seamlessly to the screened lanai, now enclosed with premium no-see-um screening—perfect for enjoying Florida evenings in comfort. Triple sliding glass doors are complemented by sleek motorized shades, adding both convenience and style. The kitchen is a standout, featuring custom dimmable pendant lighting, elegant gold fixtures including a designer faucet and coordinating cabinet hardware, a pantry, and ample space for cooking and entertaining, and under-stair storage off the kitchen Upstairs, you’ll find three generously sized bedrooms, all with walk-in closets, along with additional storage including a convenient upstairs closet . The primary suite has been enhanced with a newly installed glass shower door and upgraded finishes. Cabinet Pulls and Towel racks have been added to all bathrooms. Dimmable ceiling fans have been added to both the living room and primary bedroom for added comfort and ambiance. Offered furnished, this home is truly turnkey—ideal for full-time living, seasonal use, or investment. Enjoy the security and amenities of Coral Lakes while being conveniently located near shopping, dining, and everything Southwest Florida has to offer.

Property details

Type
Townhouse
Year built
2024
Interior
1,831 sqft
Lot size
2,138.796 sqft
Acreage
0.05 acres
Garage
1 car
Days on market
63
Total association fees
$4,094/yr (~$341/mo)
CDD
None
Est. taxes (1.4%)
$3,780/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
Yes
Pets
Call, Conditional
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundStreetLights

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BasketballCourtBocceCourtBilliardRoomBilliardsClubhouseSportCourtFitnessCenterOtherPlaygroundPoolTennisCourtsManagement

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Above marketThis home is priced above comparable recent sales.
This home
$147/sqft
Comp median
$135/sqft
Difference
+9%

Based on the $/sqft of 20 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1508 Fells Cove LaneSep 2025$249,9903/21,816$138
1508 Fells Cove LaneMar 2026$244,9003/21,831$134
1694 Lake Jessup CircleJul 2026$243,9903/21,816$134
1691 Lake Jessup CircleMay 2026$241,9903/21,816$133
1679 Lake Jessup CircleNov 2025$242,9903/21,816$134
1665 Lake Jessup CircleAug 2025$255,0003/21,816$140
Average6 comps$246,477$136

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Built 2024 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Lower flood risk (zone X)
  • Storm protection: Impact Windows/Doors
Location convenienceHigh
Hospital
5.3 mi
Cape Coral Hospital
Beach
17.8 mi
Fort Myers Beach
Airport
9.8 mi
Page Field (Fort Myers)
Shopping
4.1 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.