3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026022319

$479,900

3 Bed Pool Home for Sale in Cape Coral

515 Gleason Parkway, Cape Coral, FL, 33914

3 beds2 baths1,633 sqft2 garage
GatedBoatingWaterfront

About this home

Brand new AC installed end of June 2026! Welcome to paradise at 515 Gleason Parkway in beautiful Cape Coral. Perfectly positioned on a rare oversized freshwater basin lot with an impressive 215 feet of water frontage and canals bordering two sides of the property, this exceptional residence captures wide water views, and the kind of serenity buyers dream about when they imagine Florida living. From the moment you arrive, the tropical curb appeal sets the tone with lush landscaping, towering mature palms, and a sense of privacy that immediately feels like home. Inside, this charming pool home offers three spacious bedrooms, two beautifully updated baths, soaring cathedral ceilings, and an inviting open layout designed for comfortable everyday living and entertaining alike. The island kitchen is the centerpiece of the home, featuring elegant quartz countertops, abundant cabinetry, and seamless flow into the main living areas overlooking the water and pool. This home has been lovingly maintained and thoughtfully improved, creating tremendous value and peace of mind for the next owner. Recent updates include a brand-new roof completed in 2023, new fascia, soffits, and exterior paint in 2023, a newer pool cage, impact-rated 150 MPH hurricane garage door, accordion storm shutters, and all-new waterproof laminate flooring throughout the entire home. The fully fenced yard was installed just one year ago, providing both privacy and security for pets, family, and outdoor enjoyment. Life on a freshwater canal offers an entirely different boating experience that many buyers specifically seek out in Cape Coral. Freshwater canals are ideal for pontoon boats, fishing boats, kayaks, paddleboards, and jet skis, with access to miles upon miles of interconnected canals and freshwater lakes throughout the city. Spend your days cruising scenic waterways, fishing from your own backyard, kayaking at sunrise, or enjoying peaceful evenings watching wildlife glide across the basin. Freshwater living also eliminates concerns about saltwater corrosion, making boat maintenance easier and more affordable. The location places you close to some of the area’s most popular dining and entertainment destinations including Lobster Lady Seafood Market & Bistro, Rumrunners, Ford's Garage, and The Boathouse Tiki Bar & Grill, offering everything from waterfront dining and fresh seafood to vibrant nightlife and casual local favorites. Families will appreciate proximity to respected schools. Travel is convenient with nearby access to Southwest Florida International Airport and Punta Gorda Airport, making seasonal travel and visiting guests incredibly easy. Commuters and travelers alike will enjoy quick access to major roadways including Veterans Memorial Parkway, Pine Island Road, Santa Barbara Boulevard, and US Highway 41, connecting you effortlessly to Fort Myers, beaches, shopping, golf, and all the attractions Southwest Florida has to offer.

Property details

Type
SingleFamilyResidence
Year built
1996
Interior
1,633 sqft
Lot size
12,371.04 sqft
Acreage
0.28 acres
Garage
2 car
Days on market
46
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,719/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Northeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
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.

At marketThis home is priced in line with comparable recent sales.
This home
$294/sqft
Comp median
$277/sqft
Difference
+6%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
624 SW 35th StreetNov 2025$483,0003/21,774$272
2814 SW 8th PlaceOct 2025$478,0004/21,738$275
250 SW 37th TerraceJul 2026$475,0003/21,676$283
224 SE 31st TerraceFeb 2026$425,0003/21,523$279
Average4 comps$465,250$277

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
  • Lower flood risk (zone X)
  • Private pool
  • Waterfront
  • 2-car garage
Consider
  • Built 1996 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
3.8 mi
Cape Coral Hospital
Beach
10 mi
Fort Myers Beach
Airport
7.6 mi
Page Field (Fort Myers)
Shopping
4.9 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.