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About this home
515 Gleason Pkwy is a 1996-built home in Cape Coral, Cape Coral. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,633 square feet of living space. Listed at $479,900 (about $294/sqft), 148 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Brand new AC installed end of June 2026 - comes with 10 year warranty! Welcome to paradise at 515 Gleason Parkway in beautiful Cape Coral, where affordable Southwest Florida waterfront living meets an extraordinary lifestyle. Perfectly positioned on a rare oversized freshwater basin lot with an impressive 215 feet of water frontage and canals bordering two sides of the property, this exceptional residence captures wide water views and the kind of serenity buyers dream about when they imagine Florida living. From the moment you arrive, the tropical curb appeal sets the tone with lush landscaping, towering mature palms, and a sense of privacy that immediately feels like home. Inside, this charming pool home offers three spacious bedrooms, two beautifully updated baths, soaring cathedral ceilings, and an inviting open layout designed for comfortable everyday living and entertaining alike. The island kitchen is the centerpiece of the home, featuring elegant quartz countertops, abundant cabinetry, and seamless flow into the main living areas overlooking the water and pool. This home has been lovingly maintained and thoughtfully improved, creating tremendous value and peace of mind for the next owner. Recent updates include a brand-new roof completed in 2023, new fascia, soffits, and exterior paint in 2023, a newer pool cage, impact-rated 150 MPH hurricane garage door, accordion storm shutters, and all-new waterproof laminate flooring throughout the entire home. The fully fenced yard was installed just one year ago, providing both privacy and security for pets, family, and outdoor enjoyment. Life on a freshwater canal offers an entirely different boating experience that many buyers specifically seek out in Cape Coral. Freshwater canals are ideal for pontoon boats, fishing boats, kayaks, paddleboards, and jet skis, with access to miles upon miles of interconnected canals and freshwater lakes throughout the city. Spend your days cruising scenic waterways, fishing from your own backyard, kayaking at sunrise, or enjoying peaceful evenings watching wildlife glide across the basin. Freshwater living also eliminates concerns about saltwater corrosion, making boat maintenance easier and more affordable. The location places you close to some of the area’s most popular dining and entertainment destinations including Lobster Lady Seafood Market & Bistro, Rumrunners, Ford's Garage, and The Boathouse Tiki Bar & Grill, offering everything from waterfront dining and fresh seafood to vibrant nightlife and casual local favorites. Families will appreciate proximity to respected schools including Trafalgar Elementary School, Trafalgar Middle School, and Cape Coral High School. Travel is convenient with nearby access to Southwest Florida International Airport and Punta Gorda Airport, making seasonal travel and visiting guests incredibly easy. Commuters and travelers alike will enjoy quick access to major roadways including Veterans Memorial Parkway, Pine Island Road, Santa Barbara Boulevard, and US Highway 41, connecting you effortlessly to Fort Myers, beaches, shopping, golf, and all the attractions Southwest Florida has to offer. This is more than just a home. It is a waterfront lifestyle opportunity where every day feels like a vacation.
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$479,900
$294 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,633 sq ft
Time on market
148 days
Year built
1996
Monthly payment
About $3,310/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,799 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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