403 SW 53rd Terrace Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $6,494/month
Highlights
- Lake Front
- Boat Dock
- Canal Access
- Cape Elementary School Rated A-
- Concrete Pool
- Deck
About This Home
Waterfront Oasis with Private Multi-Generational Suite – Ideal for Families or Income Potential!
Discover this stunning 5-bedroom, 4-bath pool home in Cape Coral’s prestigious Lake Brittany area. Thoughtfully designed for multi-generational living, the home features a completely private 2-bedroom, 2-bath mother-in-law suite with its own living room, a perfect solution for keeping loved ones close while maintaining independence and privacy. Whether it's aging parents or extended family, you can provide care and companionship without the high cost of assisted living or long-distance worries.
This unique setup with 3 bedrooms and 2 bathrooms in the main house and the private multi-generational suite, also offers tremendous income potential, making it ideal for Airbnb hosting or long-term rental. Overlooking a peaceful Gulf-access lake, enjoy sunset views from the pool deck, fire up the spacious outdoor kitchen for family cookouts, and launch your boat for unforgettable days on the water—all from home.
Just minutes from The Westin Resort, fine dining, shopping, and Cape Coral’s best attractions, this property offers the perfect balance of lifestyle, location, and flexibility. Whether you're looking for a forever home, vacation getaway, or income-producing retreat, this multi-generational home is truly one-of-a-kind
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,054
Year Built
- Built in 1976
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 115 x 130 x 30 x 130
- Lake Front
- Home fronts a seawall
- Home fronts navigable water
- Southeast Facing Home
- Corner Lot
- Oversized Lot
- Irregular Lot
- Sprinkler System
- Property is zoned R1-W
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Property Views
- Lake
- Canal
Home Design
- Entry on the 1st floor
- Shingle Roof
- Stucco
Interior Spaces
- 2,945 Sq Ft Home
- 1-Story Property
- Wet Bar
- Furnished or left unfurnished upon request
- Built-In Features
- Ceiling Fan
- Combination Dining and Living Room
- Screened Porch
- Tile Flooring
Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Gas Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- 4 Full Bathrooms
- Dual Sinks
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
- Impact Glass
- Fire and Smoke Detector
Pool
- Concrete Pool
- In Ground Pool
- Screen Enclosure
- Pool Equipment or Cover
Outdoor Features
- Canal Access
- Deck
- Screened Patio
- Outdoor Kitchen
- Outdoor Grill
Schools
- Choice Elementary And Middle School
- Choice High School
Utilities
- Central Heating and Cooling System
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 4538
- Assessor Parcel Number 14-45-23-C4-04538.0010
Community Details
Overview
- No Home Owners Association
- Cape Coral Subdivision
Recreation
- Boat Dock
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,054 | $840,369 | $771,171 | $53,925 |
| 2023 | $15,204 | $903,113 | $705,281 | $168,307 |
| 2022 | $11,217 | $588,071 | $0 | $0 |
| 2021 | $9,954 | $534,610 | $213,163 | $321,447 |
| 2020 | $9,468 | $486,106 | $189,600 | $296,506 |
| 2019 | $9,516 | $490,971 | $189,600 | $301,371 |
| 2018 | $9,355 | $470,784 | $180,600 | $290,184 |
| 2017 | $7,726 | $395,666 | $157,200 | $238,466 |
| 2016 | $6,606 | $316,733 | $159,914 | $156,819 |
| 2015 | $4,600 | $322,901 | $134,768 | $188,133 |
| 2014 | $4,642 | $300,896 | $125,526 | $175,370 |
| 2013 | -- | $320,513 | $106,205 | $214,308 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2025 06/07/25 | For Sale | $999,000 | +56.1% | $339 / Sq Ft |
| 10/17/2017 10/17/17 | Sold | $640,000 | -8.4% | $214 / Sq Ft |
| 09/17/2017 09/17/17 | Pending | -- | -- | -- |
| 07/01/2017 07/01/17 | For Sale | $699,000 | +55.3% | $233 / Sq Ft |
| 10/05/2015 10/05/15 | Sold | $450,000 | 0.0% | $118 / Sq Ft |
| 09/05/2015 09/05/15 | Pending | -- | -- | -- |
| 03/13/2015 03/13/15 | For Sale | $450,000 | -- | $118 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $640,000 | Agent Title Services Llc | |
| Warranty Deed | $450,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $424,100 | New Conventional | |
| Previous Owner | $552,000 | Credit Line Revolving |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225053973
APN: 14-45-23-C4-04538.0010
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The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved
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