$1,775,000
4 Bed Pool Home for Sale in Cape Coral
5312 SW 28th Place, Cape Coral, FL, 33914
About this home
Positioned on a quiet cul-de-sac in the prestigious Peninsula Pointe neighborhood near Cape Harbor, this extraordinary waterfront estate sits directly on the wide SPREADER CANAL — one of Southwest Cape Coral’s most coveted deep-water addresses, offering true DIRECT GULF ACCESS for vessels of all sizes. With 80 feet of prime water frontage, a 10,000 lb. BOAT LIFT deep-water mooring for larger vessels, and a kayak launch, this property is a boater’s dream from day one. Every evening, watch the sun sink behind the protected mangrove preserve directly across the canal — private, unobstructed, and unforgettable. Dolphins and manatees are daily visitors. This is not a lifestyle you can manufacture — it’s one you have to find. The Home — 3,744 Sq Ft of Coastal Luxury This custom two-story concrete block residence (solid construction on both levels) delivers 4 bedrooms, 4 full baths, and sweeping water views from virtually every room. At 3,744 sq ft, there’s room for everyone — and then some. • Soaring ceilings and open-concept living with pocketing sliders that open to the water • Florida coral stone tile floors * Indoor Sauna • Chef’s kitchen — SubZero refrigeration, Viking gas cooktop, double Miele ovens, granite counters and custom cabinetry • Main-level bonus room with full bath — ideal as a 4th bedroom, office, or private guest suite • Upper-level master suite with sweeping canal views, exercise room, and dry sauna • Two additional guest bedrooms, each with private full bath Resort-Style Outdoor Living The 15’ x 41’ pebble-finish pool with rock waterfalls, heated spa, and expansive stone deck. Lush tropical landscaping with professional uplighting, electric hurricane shutters, and a circular paver driveway with fountain sculpture complete the picture. Income-Producing. Multi-Generational. Move-In Ready. With a proven vacation rental track record, this property performs as well as it lives. Whether you’re envisioning a multi-generational retreat where families can enjoy plenty of space comfortably, a high-income short-term rental investment, or your own piece of Southwest Florida paradise — this home delivers on all counts. Offered fully turnkey. Bring your boat, your family, and your sunset glass.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1995
- Interior
- 3,744 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 109
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $24,850/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- Yes
- Water
- Assessment Paid
- 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.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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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 |
|---|---|---|---|---|---|
| 2853 SW 47th Terrace | Dec 2025 | $1,730,000 | 3/3 | 3,694 | $468 |
| Average | 1 comps | $1,730,000 | $468 |
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
| Aug 20, 2026 | Back on market | |
| May 6, 2026 | Listed | $1,775,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- 2-car garage
- Built 1995 — 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.
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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.