3D tour
$10,000 Closing Credit¹
#225026896, Melissa Patriarca, Listing Office: Redfin Corporation
$1,850,000 List price
5502 Merlyn Ln Cape Coral, FL 33914
$10,000
Closing credit¹
6 beds
4 full, 1 partial
4,951 sqft
0.4 acres
$374 / sqft
House
Property details
About 5502 Merlyn Ln
With a $375,000 Price Reduction this luxurious exquisite 2-story upscale forever home situated in the exclusive gated waterfront community of Cape Harbour presents incredible value. Nestled on an oversized lot, this property provides deep water sailboat access, southwest rear sunset exposure, wide intersecting canal views, and quick access to the Gulf of Mexico. This stunning home showcases travertine and marble flooring, custom wood cabinetry, granite and stone countertops, decorative tray ceilings, crown molding, impact-resistant windows and doors, and an indoor European sauna. There are two oversized Primary Suites, one upstairs with a balcony view that overlooks the pool and beautiful canal and one downstairs with stunning water views. Relax at home and enjoy your indoor European sauna or take a dip in the heated pool and spa. The large outdoor patio features a wrap-around composite boat dock with a 16,000 lb. boat lift, offering endless opportunities for outdoor fun and relaxation. The Chiquita Lock is scheduled for removal in April 2025. This one-of-a-kind home is being sold in pristine condition, providing the perfect opportunity for you to move in and start enjoying the luxurious Florida lifestyle right away. Don't miss your chance to own this stunning property.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Zoned
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric, Zoned
Size4,951 sqft
Lot size0.367 Acres
Year built2009
ParkingAttached, Garage, Two Spaces, Garage Door Opener
MLS #225000546
Attached garage2 spaces
WaterfrontCanal
ViewCanal, Other, Water
Private poolYes
Summary
- MLS Number: 225000546
- MLS Name: SWFL
- Office Name: Dwell Right Inc.
- Office Phone: (239) 213-3165
- Office Email: laura@dwellrightinc.com
- Listing Agent: Laura Madden
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,850,000
5502 Merlyn Ln
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 28, 2022 | Home Sold | $2,195,000 |
| Jan 08, 2009 | Home Sold | $816,000 |
| Jan 03, 2007 | Home Sold | $582,500 |
| Oct 14, 2003 | Home Sold | $270,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,285,970 | $37,538 |
| 2022 | $1,757,240 | $24,646 |
| 2021 | $1,219,859 | $24,646 |
| 2020 | $1,251,683 | $22,184 |
| 2019 | $1,150,326 | $22,101 |
| 2018 | $1,045,751 | $20,220 |
| 2017 | $1,036,836 | $20,410 |
History based on county public records data.
Nearby schools
10
Oasis Charter Elementary School-South
Public Charter KG-5
2.8 mi
•3415 Oasis Blvd
6
Gulf Elementary School
Public District KG-5
2.8 mi
•3400 SW 17th Pl
4
Pelican Elementary School
Public District KG-5
3.3 mi
•3525 SW 3rd Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $114,063. The majority of Cape Coral, FL residents have income $200k+ annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
23%
<35k
25%
35k-100k
18%
100k-200k
34%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
29%
Single, No Kids
3%
Single, with Kids
58%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
4%
12-17 yrs old
9%
18-34 yrs old
51%
35-64 yrs old
31%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
NASCAR
Soccer
Where do the neighbors shop?
Stein Mart
Dick's Sporting Goods
Old Navy
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Arbys
What do the neighbors drive?
Lexus
Lincoln
GMC
What do the neighbors listen to?
Oldies
News/Talk/Information
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5502 Merlyn Ln
This home is located at 5502 Merlyn Ln in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This 4,951 square foot home, which was built in 2009, sits on a 0.37 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $1,850,000.
In February 2025, from all listings sold in Cape Coral, FL there were more than 23 sold above asking price, over 268 sold below and more than 66 were sold right at the asked price. Between January and February 2025, Cape Coral, FL real estate market has seen increase in the number of listings by 10.6%. While the average time on the market in February 2025 was 83 days, the median list price was $389,438.
From Rocket Homes Real Estate and based on county public records data.