771 Cypress Lake Cir Fort Myers, FL 33919
McGregor NeighborhoodEstimated payment $26,891/month
Total Views
5,527
5
Beds
7
Baths
6,452
Sq Ft
$697
Price per Sq Ft
Highlights
- Home fronts a seawall
- Home Theater
- 3 Car Detached Garage
- Fort Myers High School Rated A
- Heated In Ground Pool
- Sitting Area In Primary Bedroom
About This Home
Discover an extraordinary opportunity to own one of the BEST waterfront homes in Southwest Florida. Located in Town & River, one of areas BEST boating communities, this stunning contemporary coastal retreat offers 234 feet of pristine water frontage, providing breathtaking panoramic water views and mesmerizing sunsets from nearly every room. Designed by renowned architect Dan Sater, this elevated, weatherproof masterpiece blends elegance, functionality, and modern sophistication. Situated at the end of a private cul-de-sac on one of the largest and BEST-positioned lots, this home boasts deep-water direct Gulf access, making it a true paradise for boating enthusiasts. Unlike many waterfront properties, the shoreline here allows ample space to build your dream dock without obstructing the stunning views. Inside, the sprawling open floor plan is designed for both grand entertaining and comfortable everyday living. The home features expansive living, dining, and family areas on both levels, along with two staircases and an elevator for seamless flow. The gourmet kitchen is equipped with top-of-the-line appliances, while a 385-bottle wine room is perfect for collectors. Additional highlights include a european white oak floors, game room, exercise room, two spacious office areas, and a huge VIP suite with oversized his-and-hers closets. For added intrigue, a secret room is tucked away, and practical luxury is ensured with a full-house generator, impact windows, and an oversized three-car garage. Step outside and experience true resort-style living. The expansive outdoor area features a huge pool overlooking the inter coastal waterway while the large yard offers plenty of space for children and pets to play. One of the most unique features of this home is the rooftop observation deck, where you can take in breathtaking sunsets, stargaze, or watch the 4th of July fireworks. This home is more than just a residence—it’s a lifestyle. With an unmatched location, unparalleled water views, and luxurious finishes throughout, this is a one-of-a-kind waterfront residence.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,964
Year Built
- Built in 1997
Lot Details
- 0.41 Acre Lot
- Home fronts a seawall
- Home fronts navigable water
- River Front
- Cul-De-Sac
- West Facing Home
- Irregular Lot
HOA Fees
- $10 Monthly HOA Fees
Property Views
- River
- Canal
Home Design
- Contemporary Architecture
- Elevated Home
- Frame Construction
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 6,452 Sq Ft Home
- 2-Story Property
- Elevator
- Central Vacuum
- Furnished
- Bar
- Tray Ceiling
- Ceiling height of 10 feet or more
- Ceiling Fan
- Electric Fireplace
- Sliding Windows
- Casement Windows
- Family Room
- Breakfast Room
- Formal Dining Room
- Home Theater
- Home Office
- Library
- Recreation Room
- Screened Porch
- Storage Room
- Home Gym
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Split Bedroom Floorplan
- Dressing Area
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- High Impact Windows
- Fire and Smoke Detector
Parking
- 3 Car Detached Garage
- Automatic Garage Door Opener
- Golf Cart Parking
Pool
- Heated In Ground Pool
- Pool Bathroom
- Pool Equipment Stays
Outdoor Features
- Patio
- Outdoor Kitchen
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Whole House Permanent Generator
- Septic Tank
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 20-45-24-04-000L0.0240
Community Details
Overview
- Town And River Association
- Town And River Estates Subdivision
Recreation
- Gulf Boat Access
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 |
|---|---|---|---|---|
| 2021 | $28,788 | $2,002,434 | $995,783 | $1,006,651 |
| 2020 | $29,707 | $2,030,187 | $0 | $0 |
| 2019 | $22,597 | $1,531,438 | $0 | $0 |
| 2018 | $22,679 | $1,502,883 | $0 | $0 |
| 2017 | $22,706 | $1,471,972 | $0 | $0 |
| 2016 | $22,862 | $2,631,060 | $987,483 | $1,643,577 |
| 2015 | $23,150 | $2,449,062 | $933,993 | $1,515,069 |
| 2014 | $23,214 | $2,301,752 | $932,353 | $1,369,399 |
| 2013 | -- | $1,782,647 | $880,378 | $902,269 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $4,499,000 | -9.8% | $697 / Sq Ft |
| 03/26/2025 03/26/25 | Price Changed | $4,989,000 | -13.2% | $773 / Sq Ft |
| 02/19/2025 02/19/25 | For Sale | $5,750,000 | +219.4% | $891 / Sq Ft |
| 11/05/2019 11/05/19 | Sold | $1,800,000 | -14.1% | $279 / Sq Ft |
| 06/15/2019 06/15/19 | Pending | -- | -- | -- |
| 05/03/2019 05/03/19 | Price Changed | $2,095,000 | -4.6% | $325 / Sq Ft |
| 04/03/2019 04/03/19 | Price Changed | $2,195,000 | -6.6% | $340 / Sq Ft |
| 03/11/2019 03/11/19 | Price Changed | $2,350,000 | -5.8% | $364 / Sq Ft |
| 01/28/2019 01/28/19 | Price Changed | $2,495,000 | -9.3% | $387 / Sq Ft |
| 12/29/2018 12/29/18 | Price Changed | $2,750,000 | -8.2% | $426 / Sq Ft |
| 10/14/2018 10/14/18 | For Sale | $2,995,000 | -- | $464 / Sq Ft |
Source: Sanibel & Captiva Islands Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,800,000 | Attorney | |
| Warranty Deed | $1,925,000 | Attorney | |
| Warranty Deed | $2,375,000 | Guardian Title Services Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,325,000 | New Conventional | |
| Closed | $1,440,000 | Balloon | |
| Previous Owner | $1,141,000 | New Conventional | |
| Previous Owner | $1,406,250 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $1,900,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Fort Myers, FL
Source: Sanibel & Captiva Islands Association of REALTORS®
MLS Number: 2250317
APN: 20-45-24-04-000L0.0240
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