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5 Beds
5 Baths
4,083 sqft

$3,200,000

5020 Pelican BLVD, Cape Coral FL, 33914

Price per sqft$783.74
Built in2022
Property size4,083 sqft
Property typeResidential

Overview

Active

Listed Sep 10, 2026

Updated 4 weeks ago

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, a 3-car garage, multiple private balconies & 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. An office area & formal dining space seat 10. The kitchen features sleek European-style cabinetry, a high-end appliance package, a gas cooktop, a beverage cooler, generous storage, & a substantial island with bar seating — open to the dining & living areas while preserving uninterrupted lake views throughout. 3 primary suites on 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 2 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 2nd-floor balcony offers 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.

$21,290/mo

Est. mortgage payment based on a $3,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2026037565

Interior Features

Bedrooms
5
Bathrooms
5
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$26,725
Tax Frequency
Annually
Secondary Association Fee
Not Listed
Garage
Yes
View
Yes
Pets Allowed
Yes
Furnished
Yes
Pool
Yes
Waterfront
Yes
55+/Senior Community
No

Listed by Andrew Darda, Compass Florida LLC

Listing Contact: 239-291-4473 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Aston Rose Sports and Entertainment shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:12 PM UTC, 9/11/2026

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