5514 Merlyn Lane

Cape Coral, FL
$ 1,450,000 Beds 3 Baths 3 Sq 2,669 Virtual Tour
Monthly Estimate* How much can I afford?

PRICE REDUCTION TO NEARLY LOT VALUE! 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.

Active

  • Price
  • $ 1,450,000
  • City
  • Cape Coral
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • Lee
  • Half Bathrooms
  • 0
  • Area
  • CC22 - Cape Coral Unit 69,70,72-
  • Lot Size
  • 0.4 Acres
  • Zip
  • 33914
  • Sqr Footage
  • 2,669
  • Year Built
  • 1997
  • Taxes
  • $ 6396
  • Style
  • Ranch, One Story
  • MLS#
  • 2026030619
Listed By: Weichert Realtors Agency ONE
Data Source: Florida Gulf Coast MLS (SWFLMLS)

Features

General

Sewer Assessment Paid,Public Sewer
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s),Electric
Utilities Cable Available,High Speed Internet Available,Underground Utilities
Possession Close Of Escrow
Roof Tile
Appliances Built-In Oven,Dryer,Dishwasher,Electric Cooktop,Freezer,Disposal,Microwave,Refrigerator,Washer
Garage Spaces 2
Association Fee Includes Association Management,Cable TV,Internet,Legal/Accounting,Recreation Facilities,Road Maintenance,Security
Architectural Style Ranch,One Story
Pool Features Concrete,Electric Heat,Heated,In Ground,Pool Equipment,Community
Security Features Security Gate,Gated Community,Smoke Detector(s)
Construction Materials Block,Concrete,Stucco
Pets Allowed Yes
Year Built 1997
View Canal,Water
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Ownership Single Family
Waterfront Features Basin,Canal Access,Intersecting Canal,Seawall
Community Features Boat Facilities,Gated,Tennis Court(s),Shopping,Street Lights
HOA Fee 2 272
County Lee
Property Type Residential
Association Amenities Basketball Court,Boat Dock,Marina,Boat Ramp,Clubhouse,Fitness Center,Pickleball,Pool,Restaurant,Boat Slip,See Remarks,Sidewalks,Tennis Court(s),Management
HOA true
Attached Garage true
Subdivision Name CAPE HARBOUR
Facing Direction East
Garage Y/N true
Full Baths 3
Status Active
High School SCHOOL CHOICE
City Cape Coral
Disclosures Disclosure on File,Owner Has Flood Insurance,RV Restriction(s)
Senior Community Y/N false
Zoning Description R1
MLS Area CC22 - Cape Coral Unit 69,70,72-
Lot Size Units Acres
Carport Y/N false
HOA Fee 2 Frequency Monthly
Elementary School SCHOOL CHOICE
Tax Annual Amount 6396.51
Middle/Junior High School SCHOOL CHOICE
Property Condition Resale
Standard Status Active
Tax Lot 18
Property Sub Type Additional Single Family Residence
PostalCity Cape Coral
Legal Description CAPE CORAL UNIT 75 BLK 6501 PB 33 PG 43 LOT 18

Interior Features

Interior Amenities Bathtub,Tray Ceiling(s),Cathedral Ceiling(s),Separate/Formal Dining Room,Dual Sinks,Entrance Foyer,Eat-in Kitchen,French Door(s)/Atrium Door(s),High Ceilings,Kitchen Island,Main Level Primary,Pantry,Separate Shower,Cable TV,Walk-In Closet(s),Window Treatments,Central Vacuum,High Speed Internet,Home Office,Split Bedrooms
Flooring Tile,Vinyl
Furnished Y/N Partially
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung,Sliding,Transom Window(s),Window Coverings
Laundry Features Washer Hookup,Dryer Hookup,Inside,Laundry Tub
Total Bedrooms 3
Entry Level 1
Room Type Bathroom,Den,Family Room,Guest Quarters,Office
LivingAreaSource Appraiser
Total Baths 3

Exterior Features

Gulf Access true
Gulf Access Type No Bridge(s),Water Direct
Exterior Amenities Sprinkler/Irrigation,Shutters Manual
Parking Features Attached,Driveway,Garage,Paved,Garage Door Opener
Lot Features Dead End,Oversized Lot,Sprinklers Automatic
Water Source Assessment Paid,Public
Lot Size Area 0.4
Spa false
Building Area Total 3186
Lot Dimensions 90 x 160 x 121 x 167
Lot Size Acres 0.4
Road Surface Type Paved
Private Pool true
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 2
Door Features French Doors
LotDimensionsSource Appraiser

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Cape Coral, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School SCHOOL CHOICE Elementary School
Middle School SCHOOL CHOICE Middle School
High 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

Property vs Zip Code Average in 33914

Price
AVG $800K
$1.45M
Taxes
AVG $8,217
$6,396
Year Built
AVG 2004
1997

Areas That We Cover

5514 Merlyn Lane Cape Coral, FL is a Single Family Home for sale at $1450000 with 2669 sqft and a lot size of 0.4 Acres Acre(s). 5514 Merlyn Lane Cape Coral has 3 bedrooms, 3 baths and was built in 1997. The property's zip code is 33914 which is in Cape Coral, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.