$1,499,999
5 Bed Pool Home for Sale in Cape Coral
4902 SW 5th Place, Cape Coral, FL, 33914
About this home
Magnificent Views, Breathtaking Sunsets & a Boater’s Dream! Nestled on an oversized cul-de-sac peninsula lot on the prestigious Eight Lakes, this Gulf Access Rutenburg built estate offers the ultimate in Florida luxury living. Almost 4000 sq feet and all on one level. Designed to capture panoramic lake views from nearly every room, this sprawling 5-bedroom, 3.5-bath home must be seen to be fully appreciated. Step inside to soaring volume ceilings and a thoughtfully designed open floor plan perfect for entertaining. Features include a Chef’s kitchen with induction cooktop, center island, and oversized breakfast bar, Game room with pool table and fireplace, great room with wet bar, huge master suite, plus four additional well appointed bedrooms. Outside, indulge in your own private resort-style oasis:Heated 40’ lap pool with spillover spa, pool bath, Outdoor kitchen with built-in gas grill and all covered by a massive picture frame pool cage. Stroll down to the huge TREX dock with two boat lifts (8,000 & 15,000 lbs.) for all your watercraft toys. Whether you're swimming, sunbathing, entertaining, watching sunsets, fishing off your dock, or cruising to the Gulf, this home offers a truly unmatched lifestyle. Offered TURNKEY—just bring your suitcase and start living the dream!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1991
- Interior
- 3,913 sqft
- Lot size
- 15,071.76 sqft
- Acreage
- 0.35 acres
- Garage
- 2 car
- Days on market
- 382
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $21,000/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 |
|---|---|---|---|---|---|
| 5506 SW 11th Avenue | Mar 2026 | $1,825,000 | 6/4 | 3,758 | $486 |
| Average | 1 comps | $1,825,000 | $486 |
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 $100,000 (6.3%) from the original list price.
| Aug 18, 2026 | Price reducedfrom $1,550,000 | $1,499,999 |
| Aug 9, 2025 | Listed | $1,599,999 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1991 — 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.