$1,150,000
3 Bed 2.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
5328 SW 28th Place, Cape Coral, FL, 33914
About this home
BOATER’S PARADISE ON PENINSULA POINTE. Discover one of Cape Coral’s most exclusive waterfront gems — a magnificent custom estate offering direct sailboat Gulf access and panoramic spreader canal and preserve views that stretch for miles. Perfectly situated on the prestigious Peninsula Pointe, this residence captures the essence of Southwest Florida luxury living. From the moment you arrive, the home’s impressive curb appeal makes a statement — a tile roof (replaced in 2023) crowns the elegant architecture, while brick paver driveways, professional landscaping, grand columns, arched windows, and double glass entry doors set the tone for what’s inside. Step into an open, light-filled interior where soaring ceilings, walls of glass, and plantation shutters frame breathtaking views. The home’s flowing layout is designed for both comfort and entertaining, featuring a spacious great room and an entertainer’s kitchen with a wrap-around island ideal for gatherings large or small. This home offers 3 bedrooms, 2.5 bathrooms, and a versatile flex room — perfect for a home office, den, craft space, or easily converted to a 4th bedroom. The primary suite is a private sanctuary, complete with an extended walk-in closet, luxurious en suite bath with soaking tub and walk-in shower, and a private balcony off the bedroom overlooking the serene waterway and untouched preserve beyond. Step outside and indulge in your private resort setting — a vanishing-edge pool with hot tub, a Tiki hut, and an expansive dock with deep water access ready for large vessels, multiple boats, or jet skis. There’s even a wrap-around lift for kayaks and paddleboards. Facing west, this property delivers unforgettable sunset views night after night — a true hallmark of life on the water. Nestled close to Cape Harbour’s vibrant waterfront district, enjoy boutique shopping, waterfront dining, and lively events just moments away. And with the eco-preserve behind the property, your views — and privacy — are forever protected. This is more than a home — it’s the ultimate Southwest Florida boating lifestyle brought to life.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2001
- Interior
- 2,766 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 2
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $16,100/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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.
Based on the $/sqft of 3 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 5106 Sands Boulevard | Jul 2026 | $1,155,000 | 4/2 | 2,737 | $422 |
| 2602 El Dorado Parkway | Feb 2026 | $1,050,000 | 3/2 | 2,709 | $388 |
| 2849 SW 47th Terrace | Aug 2025 | $1,050,000 | 4/2 | 2,583 | $407 |
| Average | 3 comps | $1,085,000 | $406 |
Market trends — Cape Coral
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.
Price & status history
Down $100,000 (8.7%) from the original list price.
| Dec 8, 2025 | Sold | $1,050,000 |
| Nov 7, 2025 | Listed | $1,150,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- 2-car garage
- Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.