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5502 Merlyn Ln, Cape Coral, FL, 33914

$2,300,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
4,951 SqFt
$465/SqFt
House
Schools Nearby

Location

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5502 Merlyn Ln, Cape Coral$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Two Spaces, Garage Door Opener
Attached Garage2 spaces
Year Built2009
HeatingCentral, Electric, Zoned
CoolingCentral Air, Ceiling Fan(s), Electric, Zoned
WaterfrontCanal
ViewCanal, Other, Water
Private PoolYes
MLS #224025727
Lot Size0.37 Acres
StatusActive

About 5502 Merlyn Ln

Experience the ultimate luxurious lifestyle in this exquisite 2-story upscale forever home situated in the exclusive gated waterfront community. Nestled on an oversized lot, this property offers 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 is an oversized master bedroom upstairs with a balcony view that overlooks the pool and beautiful canal. 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. 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Two Story
  • Year Built: 2009
  • Stories: 2
  • Living Area: 4,951 SqFt

Listing Office:

  • Office Name: Dwell Right Inc.
  • Office Phone: (239) 213-3165
  • Listing Agent: Laura Madden

Interior Features

Interior Information:

  • Appliances: Oven, Double Oven, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring Type: Carpet, Marble, Tile
  • Interior: Breakfast Bar, Built-in Features, Breakfast Area, Bathtub, Tray Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Jetted Tub, Kitchen Island, Multiple Shower Heads, Main Level Primary, Multiple Primary Suites, Pantry, Separate Shower, Cable TV, Upper Level Primary, Walk-In Closet(s), Wired for Sound, Home Office

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Canal, Other, Water
  • Exterior: Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Shower, Patio, Water Feature

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Two Spaces, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Oversized Lot, Sprinklers
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned

School Info

Assigned Schools Information:

  • Ida S. Baker High School, Public Magnet Grades 9-12
  • Cape Coral High School, Public Magnet Grades 9-12
  • Mariner High School, Public District Grades 9-12
  • Gulf Middle School, Public District Grades 6-8
  • Trafalgar Middle School, Public District Grades 6-8
  • Challenger Middle School, Public District Grades 6-8
  • Gulf Elementary School, Public District Grades PK-5
  • Pelican Elementary School, Public District Grades PK-5
  • Cape Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $465/SqFt

Tax Information:

  • Annual Amount: $23,643
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

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Cape Coral, FL

City

Med. Sold Price

$399.1K

Med. Price/SqFt

$239

Avg. Days On Market

71

# of Sold Homes

582

5502 Merlyn Ln vs Cape Coral

40 DAYS ON ROCKET

-31 Days

$2,300,000

+$1.9M More

$465/SqFt

+$226 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $226/SqFt more than other homes in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224025727

Listing Office:

  • Office Name: Dwell Right Inc.
  • Office Phone: (239) 213-3165
  • 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: 4/29/2024, 7:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 08, 2009Home Sold
$816,000
Jan 03, 2007Home Sold
$582,500
Oct 14, 2003Home Sold
$270,000

Tax History

YEARPROP. TAXASSESSMENT
2020$23,643$1,251,683
2019$22,101$1,150,326
2018$20,220$1,045,751
2017$20,411$1,036,836

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3313503
8
/10

  • Gulf Elementary School

  • 3405 Agualinda Blvd

  • 2.83 miles

  • Public District Grades PK-5

school-card-donut-3313504
7
/10

  • Pelican Elementary School

  • 3525 SW 3rd Ave

  • 3.36 miles

  • Public District Grades PK-5

school-card-donut-3313505
8
/10

  • Cape Elementary School

  • 4519 Vincennes Blvd

  • 4.31 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3313506
6
/10

  • Gulf Middle School

  • 1809 SW 36th Ter

  • 2.60 miles

  • Public District Grades 6-8

school-card-donut-3313507
6
/10

  • Trafalgar Middle School

  • 2120 SW Trafalgar Pkwy

  • 4.93 miles

  • Public District Grades 6-8

school-card-donut-3313508
6
/10

  • Challenger Middle School

  • 624 SW Trafalgar Pkwy

  • 5.31 miles

  • Public District Grades 6-8

High School

school-card-donut-3313509
4
/10

  • Ida S. Baker High School

  • 3500 Agualinda Blvd

  • 2.68 miles

  • Public Magnet Grades 9-12

school-card-donut-3313510
5
/10

  • Cape Coral High School

  • 2300 Santa Barbara Blvd

  • 4.80 miles

  • Public Magnet Grades 9-12

school-card-donut-3313511
3
/10

  • Mariner High School

  • 701 Chiquita Blvd N

  • 7.93 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $114,063. Most Cape Coral, FL residents have annual incomes $200k+. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5502 Merlyn Ln

What is the listing price of this property?

The listing price of 5502 Merlyn Ln property is $2,300,000.

What type of property is this?

The property 5502 Merlyn Ln is a house located in Cape Coral, Florida, 33914.

Is this property for sale now?

Active Listing: 5502 Merlyn Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5502 Merlyn Ln are:
Gulf Elementary School: GreatSchools Rating 8/10
Pelican Elementary School: GreatSchools Rating 7/10
Cape Elementary School: GreatSchools Rating 8/10
Gulf Middle School: GreatSchools Rating 6/10
Trafalgar Middle School: GreatSchools Rating 6/10
Challenger Middle School: GreatSchools Rating 6/10
Ida S. Baker High School: GreatSchools Rating 4/10
Cape Coral High School: GreatSchools Rating 5/10
Mariner High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $23,643 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 8, 2009 for $816,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5502 Merlyn Ln has 6 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 5502 Merlyn Ln is 4,951 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5502 Merlyn Ln is 2009.

Rocket Homes›Florida›Lee County›Cape Coral›33914›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 March 20, 2024 and is currently priced at $2,300,000.

In March 2024 more than 52 listings in Cape Coral, FL were sold above the asking price. During the same period more than 120 listings were sold at asking price, while more than 410 were sold below. Between February 2024 and March 2024, Cape Coral, FL real estate market has seen increase in the number of listings by 8%. While the average time on the market in March 2024 was 71 days, the median list price was $399,188.

From Rocket Homes Real Estate and based on county public records data.

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