$834,000
4 Bed Pool Home for Sale in Cape Coral
231 Gleason Parkway, Cape Coral, FL, 33914
About this home
Custom-built 2024 waterfront estate with propane gas cooking, tile roof and circular driveway. Tired of cookie-cutter spec homes? This exceptional custom-built 2024 waterfront residence stands apart with more than $150,000 in premium structural and luxury upgrades rarely found at this price point. Designed for elegance and durability, the home is constructed on a three-course stem wall for enhanced elevation and peace of mind and is topped with a long-lasting tile roof. Impact-resistant windows and doors throughout provide security, energy efficiency and storm protection without the hassle of shutters. A rare buried 60-gallon propane system fuels the chef’s kitchen, outdoor summer kitchen, and offers the option for future gas pool heating. Inside, the gourmet kitchen showcases granite countertops, a dramatic waterfall island, soft-close wood cabinetry, under-cabinet lighting and premium finishes throughout. The thoughtfully designed floor plan features four bedrooms and three full baths, including a private mother-in-law suite or second primary suite with direct access to the lanai and pool area. Go outside to your private resort. The expansive screened lanai features a custom saltwater pool and spa with waterfall feature, a picture-window screen enclosure and premium marble paver deck. Entertain effortlessly with the fully equipped outdoor kitchen complete with grill, refrigerator, ice maker, wine cooler and ample seating space under truss. Additional highlights include a stately circular driveway, oversized three-car garage with 8-foot doors, 16-SEER HVAC system, R-38 insulation, tinted windows and EV charger readiness. On a freshwater canal with a concrete dock, you'll enjoy kayaking, fishing and peaceful waterfront views right from your backyard. Best of all, there are no HOA fees and no gated community restrictions. Reproducing a home with these specifications, including the tile roof, stem wall construction, propane gas system, marble paver pool deck, circular driveway and custom upgrades, would cost substantially more in today’s market. This is a rare opportunity to own a custom waterfront estate where quality craftsmanship and thoughtful design are evident at every turn.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 2,078 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 71
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $11,676/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- Yes
- 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 6 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 |
|---|---|---|---|---|---|
| 230 SW 31st Terrace | Jun 2026 | $665,000 | 4/3 | 2,265 | $294 |
| 326 SW 31st Terrace | Aug 2026 | $641,000 | 3/2 | 1,931 | $332 |
| 152 SW 28th Street | Apr 2026 | $750,000 | 4/3 | 2,152 | $349 |
| 616 SW 28th Street | Dec 2025 | $699,900 | 4/3 | 2,230 | $314 |
| 313 SE 33rd Terrace | Jan 2026 | $725,000 | 3/2 | 2,048 | $354 |
| 321 SE 31st Street | Jul 2026 | $640,000 | 3/2 | 1,985 | $322 |
| Average | 6 comps | $686,817 | $328 |
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
Down $15,000 (1.8%) from the original list price.
| Aug 28, 2026 | Price reducedfrom $849,000 | $834,000 |
| Jun 18, 2026 | Listed | $849,000 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 3-car garage
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.