5502 Merlyn Ln Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $13,004/month
Total Views
337
5
Beds
4.5
Baths
4,951
Sq Ft
$363
Price per Sq Ft
Highlights
- Marina
- Boat Ramp
- Fitness Center
- Cape Elementary School Rated A-
- Home fronts a seawall
- Solar Heated Pool and Spa
About This Home
Waterfront Luxury in Cape Harbour! Contemporary 2-story Estate positioned on an Oversized lot with Deep Water Sailboat Access, SW Rear Sunset Exposure, Wide Intersecting Canal Views and Quick access to the Gulf! It doesn't get any better than this! Inside, soaring 20’ Ceilings and walls of Impact-Resistant Windows flood the home with natural light. Premium finishes include Travertine and Marble flooring, Custom Wood Cabinetry, Granite and Stone Countertops, Decorative Tray Ceilings, and Crown Molding. The Spacious layout features TWO Luxurious Primary Suites — one on the main level with easy pool access, and one upstairs with a private balcony to enjoy sweeping water views. Three additional guest bedrooms, a versatile den (possible 6th bedroom), an Indoor European Sauna, separate Family Room, and both Formal and Casual Dining spaces make this home perfect for hosting family and friends. Large lanai with a 42-foot Heated Pool and Spa, abundant space for lounging and dining, and a big backyard overlooking the water. The wrap-around Composite Dock with a 16,000 lb. boat lift is ready for your yacht or sailboat. Schedule your Private Showing and see why this is one of Cape Harbour’s Finest Offerings and Best Values! This home is priced FAR BELOW REPLACEMENT COST! Don't let this one slip away! Secure your "Piece of Paradise" today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,474
Year Built
- Built in 2009
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 143 x 169 x 40 x 218
- Home fronts a seawall
- Home fronts navigable water
- Home fronts a canal
- Property fronts a private road
- Northeast Facing Home
- Oversized Lot
- Sprinkler System
- Property is zoned R1-W
HOA Fees
- $268 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Tile Roof
- Stucco
Interior Spaces
- 4,951 Sq Ft Home
- 2-Story Property
- Built-In Features
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Tinted Windows
- Arched Windows
- Display Windows
- Transom Windows
- Sliding Windows
- Entrance Foyer
- Great Room
- Family Room
- Formal Dining Room
- Den
- Canal Views
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Built-In Self-Cleaning Double Oven
- Electric Cooktop
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Marble
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Maid or Guest Quarters
- Dual Sinks
- Hydromassage or Jetted Bathtub
- Multiple Shower Heads
- Separate Shower
Laundry
- Dryer
- Washer
- Laundry Tub
Home Security
- Home Security System
- Security Gate
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Pool
- Solar Heated Pool and Spa
- Concrete Pool
- Solar Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
- Gunite Spa
- Solar Heated Spa
- Outdoor Shower
- Pool Equipment or Cover
Outdoor Features
- Canal Access
- Balcony
- Deck
- Open Patio
- Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Underground Utilities
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 15 / 6501
- Assessor Parcel Number 16-45-23-C3-00101.0150
Community Details
Overview
- Association fees include management, legal/accounting, recreation facilities, reserve fund, road maintenance, street lights, security
- Association Phone (239) 437-0340
- Cape Harbour Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Shops
- Restaurant
- Clubhouse
Recreation
- Boat Ramp
- Boat Dock
- RV or Boat Storage in Community
- Marina
- Tennis Courts
- Community Basketball Court
- Community Playground
- Fitness Center
- Community Pool
- Park
- Trails
Security
- Card or Code Access
- Phone Entry
- Gated Community
Map
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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 | $37,538 | $2,945,181 | $1,161,101 | $1,660,487 |
| 2023 | $37,538 | $2,285,970 | $408,535 | $1,803,976 |
| 2022 | $24,646 | $1,341,845 | $0 | $0 |
| 2021 | $22,184 | $1,219,859 | $332,010 | $887,849 |
| 2020 | $23,643 | $1,251,683 | $369,600 | $882,083 |
| 2019 | $22,101 | $1,207,219 | $369,600 | $837,619 |
| 2018 | $20,220 | $1,045,751 | $320,000 | $725,751 |
| 2017 | $20,411 | $1,036,836 | $300,000 | $736,836 |
| 2016 | $20,386 | $1,012,547 | $310,937 | $701,610 |
| 2015 | $21,435 | $1,038,086 | $300,302 | $737,784 |
| 2014 | $24,002 | $1,252,226 | $278,901 | $973,325 |
| 2013 | -- | $967,240 | $256,016 | $711,224 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $1,795,000 | -18.2% | $363 / Sq Ft |
| 01/28/2022 01/28/22 | Sold | $2,195,000 | 0.0% | $443 / Sq Ft |
| 01/28/2022 01/28/22 | Pending | -- | -- | -- |
| 01/05/2022 01/05/22 | For Sale | $2,195,000 | -- | $443 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $2,195,000 | Premium Title Services | |
| Warranty Deed | $816,000 | Attorney | |
| Warranty Deed | $582,500 | None Available | |
| Quit Claim Deed | -- | -- | |
| Deed | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,715,000 | Construction | |
| Previous Owner | $216,000 | No Value Available |
Source: Public Records
Similar Homes in Cape Coral, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 2025005616
APN: 16-45-23-C3-00101.0150
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