$479,900
3 Bed Pool Home for Sale in Cape Coral
515 Gleason Parkway, Cape Coral, FL, 33914
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.
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 |
|---|---|---|---|---|---|
| 624 SW 35th Street | Nov 2025 | $483,000 | 3/2 | 1,774 | $272 |
| 2814 SW 8th Place | Oct 2025 | $478,000 | 4/2 | 1,738 | $275 |
| 250 SW 37th Terrace | Jul 2026 | $475,000 | 3/2 | 1,676 | $283 |
| 224 SE 31st Terrace | Feb 2026 | $425,000 | 3/2 | 1,523 | $279 |
| Average | 4 comps | $465,250 | $277 |
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.
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Waterfront
- 2-car garage
- Built 1996 — pre-2002 construction may carry older wind codes and higher insurance
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.