$599,900
3 Bed Pool Home for Sale in Waterway Estates
1661 Swan Terrace, North Fort Myers, FL, 33903
About this home
AMAZING PRICE IMPROVEMENT - ACT NOW TO DISCOVER THE WATERFRONT LIFESTYLE YOU’VE BEEN DREAMING OF. Nestled in a classic Florida setting, this beautifully updated home is all about effortless living on the water. With direct sailboat access—no bridges, no locks—you can step onto your captain’s walk dock, lower your cantilever lift, and be on the Caloosahatchee River or out to the Gulf within minutes. A floating kayak dock makes spontaneous paddling even easier. Inside, the home unfolds into a bright, coastal-inspired retreat where south-facing sunshine and soft breezes create a light and uplifting atmosphere. The open layout is ideal for entertaining, connecting the elegant, newly renovated kitchen to the family room and out to the pool and waterfront views beyond. The kitchen features sleek shaker cabinetry, quartz countertops, deep soft-close drawers, a stylish backsplash, and abundant storage. A spacious Butler’s Pantry—with additional cabinetry, workspace, and a wine cooler—elevates both daily living and hosting. Wake up to water views in the generous primary suite with direct lanai access, a sophisticated ensuite bath, and a custom walk-in closet. Two additional bedrooms share an updated full bath, perfect for family or guests. Step outside to your own private outdoor oasis. The screened lanai offers multiple areas for lounging and dining, all centered around the 2020 remodeled saltwater pool featuring a sun shelf, resurfaced interior, and travertine paver deck. Whether you’re relaxing poolside, enjoying sunset drinks on the dock, or heading out for a day on the water, this home encourages a lifestyle rooted in relaxation, recreation, and connection to nature. Additional perks include a 2020 metal roof, 2020 AC, cedar outdoor ceilings, 2020 double-pane windows and doors, new blinds, a 50-amp RV hookup, fresh interior/exterior paint, a fenced yard with dual gates, and Kevlar hurricane panels for full-home protection. Located in peaceful Waterway Estates, a boating and lifestyle-friendly community with no HOA, this property is perfect for full-time living, a vacation getaway, or an income-producing investment. Close to beaches, shopping, dining, golf, and all the outdoor adventures southwest Florida offers, this one-of-a-kind home lets you live every day like you’re on vacation. (Note: Bonus room referenced in listing is the Butler’s Pantry.)
Property details
- Type
- SingleFamilyResidence
- Year built
- 1973
- Interior
- 2,008 sqft
- Lot size
- 9,496.08 sqft
- Acreage
- 0.22 acres
- Garage
- 2 car
- Days on market
- 231
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,399/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- 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 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 4558 Vinewood Circle | May 2026 | $487,000 | 3/2 | 1,837 | $265 |
| 12620 Arbuckle Court | Sep 2025 | $619,000 | 3/3 | 2,148 | $288 |
| 12761 Seaside Key Court | Jan 2026 | $505,000 | 3/2 | 1,983 | $255 |
| Average | 3 comps | $537,000 | $269 |
Market trends, Waterway Estates
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $50,000 (7.7%) from the original list price.
| Aug 26, 2026 | Sold | $599,900 |
| Jul 21, 2026 | Price reducedfrom $639,900 | $599,900 |
| Mar 17, 2026 | Back on market | |
| Nov 1, 2025 | Listed | $649,900 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Storm protection: Shutters
- 2-car garage
- Built 1973 — 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.
Similar homes nearby
$524,900
MLS# 2026033859212 Kamal Parkway, Cape Coral, FL, 33904
$599,900
MLS# 20260349623714 SE 12th Court, Cape Coral, FL, 33904
$615,999
MLS# 224097230911 SW 3rd Avenue, Cape Coral, FL, 33991
$550,000
MLS# 20260376761939 SE 17th Place, Cape Coral, FL, 33990
$539,900
MLS# 20260348301807 NE 2nd Street, Cape Coral, FL, 33909
$718,000
MLS# 20260193122429 Everest Parkway, Cape Coral, FL, 33904
Similar communities
Matched by amenities, price tier, and location to Waterway Estates.
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.