$735,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1915 Ottersrest Lane, Cape Coral, FL, 33990
About this home
Direct Gulf Access 2024 Custom Pool Home just minutes to open water with no bridges – a true boater’s paradise! This luxury residence is designed for elegant coastal living. The 3 bedroom + den, 2-bathroom home with a 3 car garage is loaded with upgrades & designer finishes typically reserved for homes twice the price! The heart of the house is a chef’s dream kitchen featuring custom soft-close maple cabinetry, exotic textured granite countertops, a WOLF gas cooktop, SUB-ZERO built-in refrigerator, Gaggenau wall oven, WOLF built-in steamer, Thermador integrated dishwasher, a hidden ceiling range hood, a farmhouse sink with gooseneck faucet, and a built-in coffee/dry bar with floating shelves. The oversized island comfortably seats 3–4, and the waterfront dining area makes entertaining effortless. The open-concept great room showcases 12' tray ceilings, wide sliding glass doors, and panoramic views of the pool and canal. The luxurious primary suite offers water views, lanai access, tray ceilings, dual walk-in closets, and a spa-quality bathroom with dual vanities, textured granite, and an oversized walk-through shower with rainfall head, body sprays, and handheld wand—resort-style luxury. Spare bedrooms are well-appointed and generously sized for guests, families, and visitors. Additional features include a private office/den, a laundry room with custom storage, and a sought-after 3 car garage. Enjoy outdoor living at its finest with a heated pool featuring a sunshelf, bubblers, and an extended paver deck. The lanai is pre-wired for surround sound and pre-plumbed for a future outdoor kitchen, offering endless potential for personalization. Inside and out, no detail was overlooked—from plantation shutters, 8' doors, luxury waterproof flooring, and impact-rated PGT windows and sliders, to a metal roof, gas on-demand water heater, whole-house water filtration, and an epoxy-coated garage floor with side access. The home also includes a 250-gallon underground propane tank and a 4 zone irrigation system. Built to the latest codes in 2024, this home offers unmatched peace of mind and energy efficiency. Boaters will love the quick, straight shot to the river and beyond—you’re on your way to Sanibel, Captiva, Cayo Costa, and Boca Grande in minutes. NO BRIDGES, NO LOCKS, NO long canal rides out – this is FAST DIRECT ACCESS. Set in the highly desirable Coral Point area, you’re just moments from Fort Myers for easy commuting, theaters, dining, and shopping. The area is also poised for future growth with several exciting developments underway or planned, including the nearly completed Cove at 47th featuring restaurants and boutique shops, the Bimini Basin project with waterfront dining and a new Lee Health medical facility, and the proposed extensive Yacht Club Marina and Recreation renovation project. Slipaway Marina is almost complete and will feature dining, events, live music, and boat slip allowing you to enjoy it by boat or car.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 1,925 sqft
- Lot size
- 9,713.88 sqft
- Acreage
- 0.22 acres
- Garage
- 3 car
- Days on market
- 56
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $10,290/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- Yes
- Water
- Public
- Sewer
- Assessment Paid
- 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 8 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 |
|---|---|---|---|---|---|
| 2301 SE 15th Street | Sep 2025 | $690,000 | 4/3 | 2,118 | $326 |
| 1800 SE 21st Street | Sep 2025 | $640,000 | 3/2 | 1,779 | $360 |
| 2218 Coral Point Drive | Jul 2026 | $750,000 | 4/2 | 1,904 | $394 |
| 2230 Coral Point Drive | Mar 2026 | $580,000 | 4/3 | 1,958 | $296 |
| 1444 SE 13th Terrace | Mar 2026 | $659,000 | 3/2 | 1,974 | $334 |
| 1438 SE 20th Street | Jan 2026 | $630,000 | 3/2 | 1,904 | $331 |
| Average | 6 comps | $658,167 | $340 |
Market trends — Island Cove of Cape Coral (Pondella)
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $94,900 (12.1%) from the original list price.
| Sep 19, 2025 | Sold | $690,000 |
| Jul 11, 2025 | Price reducedfrom $774,900 | $735,000 |
| Jun 12, 2025 | Listed | $784,900 |
The good, the trade-offs & the location
- Built 2024 — 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.