$2,980,000
4 Bed Waterfront Home for Sale in Cape Coral
606 Coral Drive, Cape Coral, FL, 33904
About this home
*** HUGE PRICE REDUCTION – Sellers changed their plans and decided to let this UNIQUE RESIDENCE go... *** – YOU CAN'T BEAT THIS VIEW!!! – Gorgeous NEW CONSTRUCTION one of a kind Riverfront Home. The moment you enter this Residence you realize the BREATHTAKING VIEW of the River. – This modern, luxury 2-story CUSTOM HOME is located in Cape Corals sought-after Yacht Club Area. Experience this Waterfront Property with its endless Riverfront Views and natural light throughout. – Almost 4,000 sqft with TWO identical PRIMARY BEDROOMS, 2 Guest Bedrooms plus DEN. Huge Eat-in kitchen. Open floor plan with light filled family-living area. – Both primary Baths are spa-inspired with fully enclosed Glass Shower and with full Wall Tile in all Wet Areas, multiple shower heads, freestanding Soaking Tub and Dual Vanities. Guest bedrooms with En-Suite Bathrooms. Kitchen with BOSCH appliances, CAMBRIA Countertops and Waterfall Island. Many more Features: Zoned Air-Condition. Tankless Water Heater. OVERSIZED three-car garage. Wine cellar wall. Outdoor Summer-Kitchen. Low E Impact Windows and Doors. 12-feet high Ceilings on 1st Floor for airy and inviting Atmosphere. – Centrally located to Downtown Cape Coral with its Restaurants, Entertainment and Shops. – Prime Boating Location – short Boat-ride to Sanibel, Fort Myers Beach and several Waterfront Restaurants. Enjoy the FLORIDA LIFESTYLE. Enjoy stunning SUNRISES and SUNSETS from the Spacious Lanai overlooking the River. Or enjoy the SPECTACULAR PANORAMIC RIVER VIEWS from the second-floor Balcony. – So, this WATERFRONT LUXURY could be your new Full-Time Residence, your Seasonal Retreat or even a great Investment Opportunity as Vacation Rental. – Don’ t miss the chance to own YOUR PIECE OF PARADISE!!! – *** Due to delays in pool construction, buyers now have the option to DESIGN their own RESORT-STYLE POOL AREA with Extras such as SPA, Fire Bowl, Infinity Edge e.g. ***
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 3,948 sqft
- Lot size
- 14,331.24 sqft
- Acreage
- 0.33 acres
- Garage
- 3 car
- Days on market
- 228
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $41,720/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- Yes
- Pets
- Yes
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 |
|---|---|---|---|---|---|
| 5622 Coronado Court | Oct 2025 | $3,450,000 | 4/4 | 4,012 | $860 |
| Average | 1 comps | $3,450,000 | $860 |
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 $910,000 (23.4%) from the original list price.
| Jul 15, 2026 | Price reducedfrom $3,690,000 | $2,980,000 |
| Jan 15, 2026 | Listed | $3,890,000 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Gulf access (Direct — no bridges)
- 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.
Similar homes nearby
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.