Own in Cape Coral Residential?
3
Beds
2
Baths
1,956
SqFt
$357
$/SqFt
Entry-Level House
Built in 1971
2 Parking
Canal, Water View
Waterfront
Ranch, Single Family
Boat Dock Private
Hot Cape Coral Yacht Club and Beach location — Ask any local boater - set in a boater’s dream location, with luxury boats lining the Cortez Canal and effortless straight-out Gulf access — no bridges, no locks. Situated at 5349 Cobalt Ct, this premier waterfront home sits mid-canal near the cul-de-sac, offering easy navigation, deep water, and a prime saltwater canal setting. Just a short distance to the City of Cape Coral’s Masterplan Cape Coral Yacht Club Community Park — a $225 million redevelopment featuring a marina, public beach, pier, and more. Living near this crown jewel is truly a once-in-a-lifetime opportunity. The property features an 80' seawall, on picturesque Cortez Canal, and a private heavy-duty electric boat lift with 4 motors, high lifting capacity appx 10,000lbs, and kept in excellent condition to protect your boat investment. Step into your outdoor oasis with a sparkling blue concrete renovated pool, travertine stone paver pool deck, screened-in rear lanai, and a convenient pool bath. The fully fenced 6' privacy yard adds privacy and security, while accordion hurricane shutters & Lexan storm panels provide strong storm protection. Inside, the home showcases a huge, airy open floor plan like no other, with expansive living areas that flow seamlessly into a massive entertaining kitchen designed for hosting big crowds and unforgettable gatherings. The rear dining area overlooks the water, and five glass sliders fill the living room with natural light and frame stunning views of the pool and canal. Recessed lighting and luxury vinyl flooring throughout create a bright, modern coastal feel. The interior has been beautifully refinished with fresh texture on walls and ceilings, giving the entire home the crisp, clean look and feel of a brand-new residence. The professionally remodeled kitchen features custom-designed modern white soft-close cabinetry, quartz countertops, and stainless-steel appliances. Both bathrooms have been completely remodeled with modern finishes and updated fixtures. Add'l upgrades include new interior and exterior doors, new light fixtures, fans, new mirrors, new toilets, new outlets, switches, and all-new interior and exterior hardware, trim and finishes. Major systems have also been updated, hurricane rated garage door, 2019 dimensional shingle roof, newer HVAC system and newer hot water tank. Offering 3 bedrooms, 2 bathrooms, a 2-car garage, and 1,956 sq ft of air-conditioned living space, this home delivers the best of Cape Coral waterfront living — deep water, premium boating access, and a prime Yacht Club neighborhood — all wrapped in a fresh, modern, fully renovated interior. Don't miss seeing this home on the "South" side of El Dorado Blvd, "closer run to the river". No HOA in this waterfront community. See Zillow tour linked & floor plan. Multi-million $ homes surround the area. Wonderful month-to-month tenant in place—excellent income potential... tenant may be open to staying long-term if interested
MLS Number: 2026037610
Updated: 1 Days ago
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Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Boat Dock Private, Boat Lift, Boat Slip, Concrete Dock, Dock Deeded, Dock Included, Elec Avail at dock, Screened Lanai/Porch
  • View: Canal, Water
Interior, Heating and Cooling
  • Interior Features: Window Coverings, Bar, Built-In Cabinets, Laundry Tub, Pantry
  • Equipment / Appliances: Refrigerator/Freezer, Dishwasher, Microwave, Range
  • Heating Description: Central Electric
  • Cooling Description: Ceiling Fan(s), Central Electric
Building and Construction
  • Floor Description: Vinyl
  • Windows/Treatment: Window Coverings
  • Construction Type: House
  • Year Built: 1971
  • Style: Ranch, Single Family
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Maintenance Includes: None
    • Taxes: 7343.69
    • Security Information: No info
    • Parking Description: Driveway Paved, Attached
    • Total Floors in Building: 1
    • Total Units in Building: No info

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    Price History

    Current
    $699K
    High
    $769K
    Low
    $699K
    Total Change
    -9.1%
    $777K$734K$691KSep 26Oct 26
    Date
    Event
    Price
    Change
    Price Per
    10/06/2026
    Price Reduced
    $699K
    -9.1%
    $357 ft2
    $3,847 m2
    09/05/2026
    Listed
    $769K
     
    $393 ft2
    $4,232 m2
    10/06/2026
    $699K
    Event
    Price Reduced
    Change
    -9.1%
    Price Per
    $357 ft2
    $3,847 m2
    09/05/2026
    $769K
    Event
    Listed
    Price Per
    $393 ft2
    $4,232 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Penny Lehmann • Coldwell Banker Realty • Buyer Agency Compensation .
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    Community Snapshot
    2 – 6 BR
    Bedrooms
    $105K – $6.8M
    Price Tier
    1 - 9,391
    SqFt Range
    2006
    Year Build
    1
    Total Floors

    Subdivision Amenities

    None

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