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1506 Hermitage Ln, Cape Coral, FL, 33914

3beds
4baths
3,522sqft
$2,998,000
$851price/sqft
$21,194/moest. monthly cost
$847,760/yrincome needed

About This Home

Paradise welcomes you to this direct Gulf access pool home within the prestigious gated community of The Hermitage. With southern rear exposure and a three car garage, this two story property offers a great combination of comfort, space, and waterfront living. Recent updates: 2023: New Euroshield roof, kitchen upgrades with GE Monogram appliances, Café gas cooktop and new granite countertops. 2025: Replaced all (3) air conditioners, full pool renovation including the pool finish, waterproofing and new tile, new countertops in three bathrooms including new sinks, kitchen backsplash, updated lighting, (4) new toilets, complete interior painting and a new 400-amp main electrical panel into the home. Additional features include: Impact windows and sliders, 28kW whole-home generator, 500-gallon underground propane tank and (2) tankless water heaters. Transferable flood policy currently at $1,503/year. For boating, the property includes two composite wrap around docks with lifts rated for 20,000 and 10,000 pounds. Both lifts have platforms to allow access around the vessels or a great place for launching kayaks. Only one block off the river with deep water access. You’re just a short ride to Fort Myers Beach, Sanibel, and Captiva. Outside, the lanai is set up for entertaining with travertine tile, a summer kitchen, and a heated saltwater pool with vanishing edge, in pool seating, and a spa. The home features three bedrooms, including two master suites on the lower level with new LVP flooring and custom closets. Window treatments include plantation shutters, electric blinds, and verticals. There is also an upstairs office/den that can easily be used as a fourth bedroom. Upstairs, there is a large loft/game room with bamboo flooring, a wet bar, guest bedroom with full bath, and access to a balcony with amazing views. Located just a short walk or golf cart ride to Cape Harbour, you’ll have easy access to restaurants, bars, and live entertainment. This home offers a rare opportunity to enjoy waterfront living in one of Southwest Florida’s most desirable neighborhoods.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

8/10
Gulf Elementary SchoolGrades PK-53.4 mi
6/10
Gulf Middle SchoolGrades 6-83.1 mi
3/10
Ida S. Baker High SchoolGrades 9-123.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2002

Materials

  • Roof: Shingle
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Multi-Level,Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Oven,Double Oven,Dryer,Dishwasher,Freezer,Gas Cooktop,Disposal,Microwave,Refrigerator,Tankless Water Heater,Water Purifier,Washer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Attic,Wet Bar,Breakfast Bar,Built-in Features,Bedroom on Main Level,Breakfast Area,Bathtub,Closet Cabinetry,Separate/Formal Dining Room,Dual Sinks,Entrance Foyer,Eat-in Kitchen,Family/Dining Room,High Ceilings,Jetted Tub,Living/Dining Room,Multiple Shower Heads,Main Level Primary,Multiple Primary Suites,Pantry,Pull Down Attic Stairs,Bathroom,Den,Family Room,Guest Quarters,Office,Other,Great Room
  • Window features: Arched,Casement Window(s),Other,Single Hung,Impact Glass,Window Coverings
  • Flooring: Carpet,Tile,Vinyl
  • Fireplace features: Outside
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating & Cooling

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

Interior Area

  • Total structure area: 4,286
  • Total interior livable area: 3,522 sqft

Property

Details

  • Parcel number: 224523C400200.0100
  • Lease amount: 0
  • Zoning description: R1
  • Other equipment: Generator

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Concrete,Electric Heat,Heated,In Ground,Negative Edge,Pool Equipment,Salt Water,Pool/Spa Combo
  • Patio & porch: Balcony,Open,Porch
  • Exterior features: Security/High Impact Doors,Sprinkler/Irrigation,Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Water Feature,Gas Grill
  • Has spa: Yes
  • Spa features: Electric Heat,Gunite,In Ground
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: Canal Access,Seawall

Lot

  • Lot size: 0.28 Acres
  • Features: Irregular Lot,Oversized Lot,Other,Cul-De-Sac,Dead End,Sprinklers Automatic
  • Lot size dimensions: 100 x 112 x 100 x 141

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,159$181,908
Home Insurance *$1,768$21,216
Property Taxes $3,913$46,956
Electricity $354$4,253
Total$21,194$254,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$726,651/yr
40% on housing$635,820/yr
45% on housing$565,173/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$851This listing

vs Other Active Listings

Avg $/sqft

ZIP 33914$359
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33914$253
Lee County$222

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Listed for sale$3,050,000
2025-06-13Sold$2,700,000
2025-05-15Pending sale$2,998,000
2025-03-06Price change$2,998,000
2024-11-21Listed for sale$3,250,000
2024-02-05Listing removed--
2021-04-09Sold$2,010,000
2021-02-20Pending sale$1,990,000
2021-02-03Price change$1,990,000
2020-10-01Listed for sale$2,100,000
2017-08-19Sold$1,675,000
2017-06-17Pending sale$1,799,999
2017-03-21Listed for sale$1,799,999
2017-02-01Listing removed$1,850,000
2017-01-04Price change$1,850,000
2016-09-04Listed for sale$2,000,000
2011-06-14Listing removed$1,499,000
2010-11-23Sold$1,300,000
2010-10-07Listed for sale$1,499,000
2008-11-08Listing removed$2,299,000
2008-02-09Price change$2,299,000
2007-08-19Listed for sale$2,799,000
2005-06-06Sold$2,000,000
2000-04-05Sold$278,000

For Sale by Agent

AgentAnthony Wallis
BrokerageBlue Line Realty of SWFL

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