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5020 Pelican Boulevard, CAPE CORALCape Coral, FL 33914Price: $3,200,000

  • Price: $3,200,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.76% last updated on Sep 10, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,200,000List Price
  • 5Bedrooms
  • 5Bathrooms
  • 0.23Acreage
  • 4,083Square Feet
  • 2026037565MLS Number

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Panoramic open water views. Western exposure. Gulf access. Unforgettable sunsets. Experience an extraordinary waterfront lifestyle from this furnished, turnkey coastal contemporary residence overlooking Thunderbird Lake in Cape Coral's highly sought-after Eight Lakes neighborhood. Built in 2022, this European-inspired home offers approximately 4,083 SF of living space, 5 bedrooms, 5 bathrooms, multiple private balconies, a rooftop terrace, & expansive views stretching across nearly 925 ft of open water. Step inside to soaring two-story ceilings, floor-to-ceiling windows & glass doors, & clerestory windows that draw natural light deep into the interior from nearly every angle. The dramatic open-concept design is defined by vertical volume, an open staircase, custom feature walls, & long sightlines directly to the water. A office area & formal dining space with seating for 10. kitchen features sleek European-style cabinetry, a high-end appliance package, gas cooktop, beverage cooler, generous storage, & a substantial island with bar seating - open to the dining & living areas while preserving uninterrupted lake views throughout. 3primary suites occupy the 1st floor, each with its own dedicated ensuite bathroom & spa-inspired finishes including oversized walk-in showers. Two additional bedrooms upstairs share a well-appointed full bathroom with dual sinks & a soaking tub, along with two private balconies that extend the living space outdoors & capture elevated views across the surrounding waterways. High-volume tray ceilings with integrated lighting, custom feature walls, & large-format flooring carry throughout. Individual climate control & two tankless water heaters. Full-width glass doors open to the oversized screened lanai, finished with travertine flooring & a custom vaulted ceiling with integrated lighting. The outdoor living & dining space w/ fireplace, TV, & a full outdoor kitchen. The expansive saltwater pool & raised infinity-edge spa overlook the lake, with a full pool bath with shower conveniently positioned at the water's edge. A broad composite deck extends to the private dock & boat lift, open to the broad waters of Thunderbird Lake. The elevated rooftop terrace delivers yet another remarkable vantage point of the water and skyline. No HOA. The location places you at the heart of Cape Coral's most exciting waterfront transformation. The $225 million Yacht Club Community Park redevelopment - the largest public investment in the city's history - will deliver a new resort-style pool, expanded marina, riverfront beach, & waterfront dining just minutes away. Bimini Square brings Bimini Basin Seafood & Cocktails, House of Omelets, boutique retail, & a Lee Health outpatient clinic to the waterfront. The Cove at 47th offers Oak & Stone, Aqua Seafood & Steaks, & a rooftop bar. Slipaway Food Truck Park & Marina, Tarpon Point Marina, The Westin Cape Coral Resort, & waterfront dining at Gather, Rumrunners, Marker 92, & Pinchers.

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Listed by Andrew Darda of Compass Florida LLC

Based on information submitted to Gulf Coast as of September 11, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or Gulf Coast.  All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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