$1,549,500
5 Bed Pool Home for Sale in Four Mile Cove
1944 Four Mile Cove Parkway, Cape Coral, FL, 33990
About this home
DARE TO COMPARE! - BEST PRICED 4,800 sq ft PROPERTY w/ GULF ACCESS + AMAZING VIEWS/LAKEFRONT + RENOVATED in all of SE Cape Coral. NO FLOODING from Ian, Helene, or Milton + NEW STANDING SEAM METAL ROOF (FALL 2024) + IMPACT WINDOWS AND DOORS. Take a look at this beautiful home, very centrally located in SE Cape Coral. Southern exposure, pool w/ spill-over hot tub, electric heat. Large, open living room with a fireplace and extra-high ceilings! 1st FLOOR has Master bed- & bathroom + a 2nd large BDR w/ private full bathroom. Extra-large lanai w/ covered sitting area (covered lanai and balcony are screened) + huge dock area w/boat lift. Walking distance to restaurants, grocery stores, shopping, fitness center, bowling & bars. 2nd FLOOR: Generous loft/living/office area, 3 bedrooms & 2 full bathrooms. All sliders are NEW impact sliders, and most of the windows have been replaced. Quote for remaining windows available on request. To allow for almost immediate owner occupancy, only near-future vacation rental contracts have been accepted. Home is in a successful vacation rental program - current bookings only through April 2026 (please ask about current bookings, which would need to be honored). NEAREST BEACHES: 6.6 miles to public beach (Yacht Club Public Beach) 15.3 miles to Fort Myers Beach (= nearest large beach is Fort Myers Beach w/ options for water sports, tubing, water skiing, etc, lots of bars, restaurants, and beach stores.) 16.3 miles to the Sanibel Causeway
Property details
- Type
- SingleFamilyResidence
- Year built
- 1991
- Interior
- 4,832 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 1423
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $21,693/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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
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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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 $600,500 (27.9%) from the original list price.
| Jan 19, 2026 | Price reducedfrom $1,599,500 | $1,549,500 |
| Oct 6, 2025 | Back on market | |
| Apr 18, 2022 | Listed | $2,150,000 |
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.