Cape Harbour, 5514 Merlyn Ln

3
Beds
3
Baths
2,669
SqFt
$534
$/SqFt
Premium House
Built in 1997
2 Parking
Canal, Intersecting Canal, Water View
$272/mo HOA
Waterfront
Ranch, Single Family
Boat Dock Private
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.
MLS Number: 2026030619
Updated: 2 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Boat Dock Private, Dock Included, Elec Avail at dock, Water Avail at Dock, Wooden Dock
  • View: Canal, Intersecting Canal, Water
Interior, Heating and Cooling
  • Interior Features: Cathedral Ceiling(s), Foyer, French Doors, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling(s), Volume Ceiling, Walk-In Closet(s), Window Coverings
  • Equipment / Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Wall Oven, Washer
  • Heating Description: Central Electric
  • Cooling Description: Ceiling Fan(s), Central Electric
Building and Construction
  • Floor Description: Tile, Vinyl
  • Windows/Treatment: Window Coverings
  • Construction Type: House
  • Year Built: 1997
  • Style: Ranch, Single Family
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: SCHOOL CHOICE
  • Middle School: SCHOOL CHOICE
  • Senior High School: SCHOOL CHOICE
Other Property Info
  • Garage: 2
  • Pets Allowed: Yes
Taxes, Fees & More
  • Maintenance Includes: Cable, Internet/WiFi Access, Legal/Accounting, Manager, Rec Facilities, Security, Street Maintenance
  • Taxes: 6396.51
  • Security Information: Smoke Detector(s), Gated Community
  • Parking Description: Driveway Paved, Attached
  • Total Floors in Building: 1
  • Total Units in Building: 1

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Price History

Current
$1.4M
High
$1.6M
Low
$1.4M
Total Change
-13.6%
$1.7M$1.5M$1.4MJul 26Aug 26Aug 26Sep 26Sep 26
Date
Event
Price
Change
Price Per
09/17/2026
Price Reduced
$1.4M
-1.72%
$534 ft2
$5,747 m2
09/03/2026
Price Reduced
$1.5M
-1.02%
$543 ft2
$5,848 m2
08/21/2026
Price Reduced
$1.5M
-1.68%
$549 ft2
$5,908 m2
08/07/2026
Price Reduced
$1.5M
-9.64%
$558 ft2
$6,009 m2
07/18/2026
Listed
$1.6M
 
$618 ft2
$6,650 m2
09/17/2026
$1.4M
Event
Price Reduced
Change
-1.72%
Price Per
$534 ft2
$5,747 m2
09/03/2026
$1.5M
Event
Price Reduced
Change
-1.02%
Price Per
$543 ft2
$5,848 m2
08/21/2026
$1.5M
Event
Price Reduced
Change
-1.68%
Price Per
$549 ft2
$5,908 m2
08/07/2026
$1.5M
Event
Price Reduced
Change
-9.64%
Price Per
$558 ft2
$6,009 m2
07/18/2026
$1.6M
Event
Listed
Price Per
$618 ft2
$6,650 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Megan EisterWeichert Realtors Agency ONE • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Most errands require a car
34

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
48

100
Sound Score®
Bearable noise
80

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
29

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
2 – 5 BR
Bedrooms
$425K – $3.8M
Price Tier
1,276 - 7,925
SqFt Range
2006
Year Build
3
Total Floors

Subdivision Amenities

Barbecue
Bike And Jog Path
Bike Storage
Boat Storage
Business Center
Clubhouse
Community Boat Dock
Community Boat Ramp
Community Boat Slip
Community Gulf Boat Access
Community Room
Fish Cleaning Station
Fitness Center
Internet Access
Marina
Park
Pickleball
Play Area
Pool
Restaurant
See Remarks
Shopping
Sidewalk
Spa/Hot Tub
Storage
Streetlight
Tennis Court(s)
Trash Chute
Underground Utility
Barbecue
Bike And Jog Path
Clubhouse

Cape Coral
Premium
Premium Homes & Condos

Cape Harbour Communities in Cape Coral, FL