$1,850,000

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

IDX 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, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

mediterranean / spanish-style home featuring a front yard

$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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $114,063. The most common annual income of people living in Cape Coral, FL is $200k+. Most families are married, no kids. Most residents in this area 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/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • ArbysArbys

What do the neighbors drive?

  • LexusLexus
  • LincolnLincoln
  • GMCGMC

What do the neighbors listen to?

  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

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 more than 23 listings in Cape Coral, FL were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 268 were sold below. The inventory of homes for sale in Cape Coral, FL between January and February 2025 increased 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.

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