$1,495,000
3 Bed 3.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
4804 Pelican Boulevard, Cape Coral, FL, 33914
About this home
Extraordinary Waterfront Estate | Award-Winning Design, 5-Star Views STR | Prime Location | Near Tarpon Point, Dining & Entertainment Expertly designed and impeccably maintained, this award-winning Cape Coral waterfront estate delivers resort-level living with architectural presence and uncompromising detail. Formerly a builder’s showcase home, the property also represents a compelling income-producing investment opportunity. Perfectly positioned on Thunderbird Lake, the home offers a rare combination of luxury lifestyle, privacy, and income potential—making it equally compelling as a primary residence, second home, or turnkey investment. The Property Wrapped in lush tropical landscaping, this modern retreat captures breathtaking burnt-orange sunsets over expansive blue water. The thoughtfully designed outdoor living spaces—including pool, spa, and lounge areas—are oriented to maximize one of the most sought-after lake views in Cape Coral. Inside, a grand entry opens to a dramatic great room where large-scale art and clean architectural lines guide you through the chef’s kitchen and seamlessly into the outdoor living areas. Fully retractable sliders eliminate the boundary between indoors and out, creating a true Florida indoor-outdoor lifestyle experience. Outdoor Living & Entertaining An oversized lanai and stonescape courtyard feature curated glass sculpture accents, a waterfront bar, and multiple dining and seating vignettes. Stone balustrades lead to an elevated viewing landing—ideal for entertaining, sunset cocktails, or private dolphin watching. A striking spiral staircase ascends to a secluded rooftop deck, offering a VIP-style retreat with panoramic lake views—perfect for intimate gatherings or peaceful reflection. Resort-Style Pool & Spa At the heart of the property is a heated infinity saltwater pool and spa designed for both visual impact and relaxation, including: Spillover spa with LED color-changing bubblers Five scuppers flowing into the main pool Tanning ledge and deck-jet fountains Infinity edge creating a seamless lake-to-pool visual This showpiece pool delivers postcard-worthy views and a true luxury-resort atmosphere rarely found in private residences. Prime Location | Dining & Entertainment. Just minutes away is the vibrant Tarpon Point Marina area, home to the The Westin Cape Coral Resort at Marina Village, waterfront dining, boutique shopping, live music, and sunset cocktails along the marina. Residents enjoy quick access to local nightlife, restaurants, and shopping along Cape Coral Parkway, while still retreating to a peaceful lakefront setting. Boating, fishing, kayaking, and dolphin watching are right outside your door, with easy access to marinas, yacht services, and Gulf waterways. This central yet serene location makes the home especially attractive as a full-time residence, second home, or income-producing short-term rental—offering guests and owners alike a true resort-style Cape Coral experience.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2013
- Interior
- 2,719 sqft
- Lot size
- 23,173.92 sqft
- Acreage
- 0.53 acres
- Garage
- 3 car
- Days on market
- 100
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $20,930/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
Amenities
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 4 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 |
|---|---|---|---|---|---|
| 5015 Pelican Boulevard | Apr 2026 | $1,550,000 | 3/3 | 2,820 | $550 |
| 4922 SW 8th Place | Aug 2025 | $1,800,000 | 4/4 | 2,550 | $706 |
| 114 SW 51st Terrace | Apr 2026 | $1,325,000 | 3/3 | 2,669 | $496 |
| 5211 Tamiami Court | Apr 2026 | $1,750,000 | 4/3 | 2,822 | $620 |
| Average | 4 comps | $1,606,250 | $593 |
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 $295,000 (18.5%) from the original list price.
| Jul 1, 2026 | Sold | $1,300,000 |
| Mar 3, 2026 | Price reducedfrom $1,595,000 | $1,495,000 |
| Jan 30, 2026 | Listed | $1,595,000 |
The good, the trade-offs & the location
- Built 2013 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 3-car garage
- 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.