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$1,425,000
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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.
Full Property Details
Full Property Details for 5514 Merlyn Ln
General
- Price: $1,425,000
- HOA FEE: $272/month
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026030619
- Updated: 9/27/2026
- Added to Site: 95 day(s) ago
Rental Information
- Lease/Rent Term: 30
- Min. Lease (Days): 30
Interior
- Interior Features: Central Vacuum, Split Bedrooms, Den - Study, Family Room, Guest Bath, Guest Room, Home Office, Wired for Data, Cathedral Ceiling(s), Entrance Foyer, Pantry, Tray Ceiling(s), Volume Ceiling, Walk-In Closet(s)
- Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Wall Oven, Washer
- Furnishings: Partially
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Dual Sinks, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Master BR Ground
Other Rooms
- Kitchen: Kitchen Island, Pantry
- Dining Room: Eat-in Kitchen, Formal
- Laundry: Washer/Dryer Hookup, Inside, Sink
Additional Information
- Shared Amenities: Basketball, Clubhouse, Community Boat Dock, Community Boat Ramp, Community Boat Slip, Pool, Shopping, Sidewalks, Street Lights, Tennis Court(s), Fitness Center Attended, Internet Access, Marina, See Remarks, Pickleball, Restaurant, Boating, Gated, Tennis
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Equipment Stays, Electric Heat
- Tennis: Yes
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Dock, Dock Included, Elec Avail at dock, Water Avail at Dock, Wooden Dock, Automatic Sprinkler
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway Paved, Garage Door Opener, Attached
Location
- Area: CC22 - Cape Coral Unit 69, 70, 72-
- County: Lee
- Subdivision: CAPE HARBOUR
- Building Name: CAPE HARBOUR
- Direction Faces: East
School Information
- Elementary School: SCHOOL CHOICE
- Middle School: SCHOOL CHOICE
- High School: SCHOOL CHOICE
Community
- Association: Yes
- Assoc. Fees Include: Cable TV, Internet, Legal/Accounting, Manager, Rec Facilities, Security, Street Maintenance
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: Professional
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Cable Available: Yes
- Utility Description: Underground Utilities, Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Tile
- Windows: Single Hung, Sliding, Transom, Shutters - Manual, Window Coverings
- Doors: French Doors
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 2,669
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 2,669 Sq. Ft.
- Year Built: 1997
Lot Features
- Property View: Canal, Intersecting Canal, Water
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 90 x 121 x 160 x 167
- Frontage Feet: 90
- Street/Road Desc.: Paved
- Irrigation System: Assessment Paid, Central
- Lot Features: Dead End, Oversize
- Zoning: R1
- Lot Description: Dead End, Oversize
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: No Bridge(s)/Water Direct, Basin, Canal Front, Intersecting Canal, Seawall
- Canal Width: Canal Width 151-200
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $272
- Assoc Fee Freq.: Monthly
- Application Fee: $150
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 75 BLK 6501 PB 33 PG 43 LOT 18
- Property ID: 21-45-23-C2-00101.0180
- Section: 21
- Block: 6501
- Lot Number: 18
Listed by Weichert Realtors Agency ONE
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Schools
Schools serving 5514 Merlyn Ln
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.9 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 3.4 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 4.3 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 2.6 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 5 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 2.7 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 4.8 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 8.1 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 10.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5514 Merlyn Ln
Date
Details
Price
Change
Source
9/17/2026
Price Reduced
$1,425,000
-1.72%
MLS
9/03/2026
Price Reduced
$1,450,000
-1.02%
MLS
8/21/2026
Price Reduced
$1,465,000
-1.68%
MLS
8/07/2026
Price Reduced
$1,490,000
-9.64%
MLS
7/18/2026
Listed
$1,649,000
478.8%
MLS
11/04/1997
Sold
$284,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5514 Merlyn Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,397
—
$428,424
3%
2025
$6,397
5%
$417,161
3%
2024
$6,115
3%
$405,404
3%
2023
$5,941
1%
$393,596
-37%
2021
$5,902
3%
$626,656
64%
2022
$5,722
-3%
$382,132
4%
2021
$5,902
1%
$365,880
4%
2018
$5,824
—
$350,985
2%
2017
$5,803
2%
$343,766
2%
2016
$5,698
-2%
$336,695
-6%
2019
$5,826
1%
$357,654
-39%
2015
$5,771
-10%
$585,404
1%
2014
$6,404
3%
$578,613
2%
2013
$6,223
—
$568,982
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5514 Merlyn Ln
5514 Merlyn Ln, Cape Coral, FL 33914 (MLS# 2026030619) is a Single Family property with 3 bedrooms and 3 full bathrooms. 5514 Merlyn Ln is currently listed for $1,425,000 and was received on July 18, 2026. Want to learn more about 5514 Merlyn Ln? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

