Price Reduction - Waterfront - Primary on Main
Address
5514 Merlyn Ln, CAPE CORAL, FL
Price
$ 1,425,000
Property Attributes
  • MLS#2026030619
  • TypeSingle Family
  • Listing Status Active
  • CountyLee
  • CityCAPE CORAL
  • AreaCAPE HARBOUR
  • NeighborhoodCAPE HARBOUR
  • Zip33914
  • Style
  • Year Built1997
  • Taxes$ 6396
  • Price$ 1,425,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2669
  • Lot Size0.4 Acres
Data Source:
Southwest Florida MLS Datashare
Property Description

PRICE REDUCTION TO NEARLY LOT VALUE! OVERSIZED LOT FOR THE BIG BOATER AND INTERSECTING CANAL VIEWS FOR SUNSET LOVERS! Welcome to the first-time offering of this exceptional waterfront home, perfectly positioned on a direct Gulf Access canal with **121 feet of seawall** and breathtaking **wide intersecting canal views** that create the perfect backdrop for unforgettable Southwest Florida sunsets. Designed with the boating enthusiast in mind, the expansive waterfront easily accommodates larger vessels, and **open water is just minutes away**, making every day an invitation to explore the Gulf. Lovingly maintained by its original owner, this custom residence showcases timeless architecture, quality craftsmanship, and thoughtful design throughout. Spacious living and family rooms are perfectly positioned to capture the tranquil water views, creating an inviting setting for both everyday living and entertaining. The kitchen features rich cherry-glazed cabinetry, recessed lighting, stainless steel appliances, a built-in wall oven, and a sleek cooktop. The private primary suite has been enhanced with updated flooring and offers a peaceful sitting area, while the luxurious primary bath offers recently updated cabinetry and countertops, dual vanities, a tiled walk-through shower, and a relaxing sunken soaking tub. Additional highlights include a **2023 tile roof**, **2023 5-ton air conditioning system**, 2023 Electrical Panel, central vacuum, elegant trim work, and numerous custom architectural details that add character and charm throughout the home. Whether you're searching for an exceptional boating property or a peaceful waterfront retreat, this rare Cape Harbour opportunity offers an unbeatable combination of location, quality, and spectacular views.  Owner has an affordable transferable Flood Policy that offers additional peace of mind.

Elementary School Middle School High School
SCHOOL CHOICE Elementary School SCHOOL CHOICE Middle School SCHOOL CHOICE High School
Price History
7/18/2026 Listed $1,649,000
8/7/2026 10$1,490,000
8/21/2026 2$1,465,000
9/3/2026 1$1,450,000
9/17/2026 2$1,425,000

General Features

Living Area 2669
Heating Central Electric
Cooling Ceiling Fan(s),Central Electric
Roof Tile
Appliances Electric Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator/Freezer,Wall Oven,Washer
Zoning R1
HOA Fee 3264
Garage Spaces 2
Architectural Style Ranch,Single Family
Pool Features Community,Below Ground,Concrete,Equipment Stays,Electric Heat
Security Features Smoke Detector(s),Gated Community
Construction Materials Concrete Block,Stucco
Pets Allowed Yes
Year Built 1997
View Canal,Intersecting Canal,Water
Levels 1
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 21-45-23-C2-00101.0180
Waterfront Features Basin,Canal Front,Intersecting Canal,Seawall
Community Features Clubhouse,Pool,Sidewalks,Street Lights,Tennis Court(s),Fitness Center,Restaurant,Gated
County Lee
New Construction false
Property Type Residential
Association Amenities Basketball Court,Clubhouse,Community Boat Dock,Community Boat Ramp,Community Boat Slip,Pool,Shopping,Sidewalk,Streetlight,Tennis Court(s),Underground Utility,Fitness Center,Internet Access,Marina,Pickleball,Restaurant,See Remarks
HOA true
Attached Garage true
Subdivision Name CAPE HARBOUR
Garage Y/N true
Building Features DSL/Cable Available
Other Structures Tennis Court(s)
Full Baths 3
Status Active
ModificationTimestamp 2026-09-22T16:15:35.260Z
High School SCHOOL CHOICE
City CAPE CORAL
Senior Community Y/N false
Number Of Units Total 1
MLS Area CAPE HARBOUR
Lot Size Units Acres
Lot Size Square Feet 17424
Carport Y/N false
Elementary School SCHOOL CHOICE
Tax Annual Amount 6396.51
Middle/Junior High School SCHOOL CHOICE
Ok to Lease Buyer Finance/Cash
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Virtual Tour https://www.zillow.com/view-imx/cf49b934-909f-4961-9e80-de60610dcda0?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Freehold IDX
Gulf Access true
Gulf Type No Bridge(s)/Water Direct
Leases Per Year 2
Unit Floor 1
Boat Access Type Boat Dock Private,Dock Included,Elec Avail at dock,Water Avail at Dock,Wooden Dock
Golf Type No Golf Available
Community Type Boating,Gated,Tennis

Interior Features

Interior Amenities Cathedral Ceiling(s),Foyer,French Doors,Laundry Tub,Pantry,Smoke Detectors,Tray Ceiling(s),Volume Ceiling,Walk-In Closet(s),Window Coverings
Flooring Tile,Vinyl
Furnished Y/N Partially
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Window Coverings
Fireplace Y/N false
Laundry Features Washer/Dryer Hookup,Laundry in Residence,Laundry Tub
Total Bedrooms 3
Total Baths 3
RoomBedroomFeatures Master BR Ground
Dining Room Features Eat-in Kitchen,Formal
Kitchen Description Island,Pantry
Elevator None

Exterior Features

Exterior Amenities Boat Dock Private,Dock Included,Elec Avail at dock,Water Avail at Dock,Wooden Dock
Parking Features Driveway Paved,Attached
Lot Features Dead End,Oversize
Water Source Assessment Paid,Central
Total Parking 2
Lot Size Area 0.4
Foundation Details Concrete Block
Park Name CAPE HARBOUR
Spa false
Building Area Total 3186
Lot Size Acres 0.4
Road Surface Type Paved
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Door Features French Doors
Horse Y/N false
Rear Exposure W

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33914

Price
AVG $810K
$1.43M
Taxes
AVG $7,807
$6,396
Year Built
AVG 2004
1997

Areas We Cover