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1944 Four Mile Cove Pkwy, Cape Coral, FL, 33990

5beds
5baths
4,832sqft
$1,549,500
$321price/sqft
$11,844/moest. monthly cost
$473,760/yrincome needed

About This Home

DARE TO COMPARE! - BEST PRICED 4,800 sq ft PROPERTY w/ GULF ACCESS + AMAZING VIEWS/LAKEFRONT + RENOVATED in all of SE Cape Coral. NO FLOODING from Ian, Helene, or Milton + NEW STANDING SEAM METAL ROOF (FALL 2024) + IMPACT WINDOWS AND DOORS. Take a look at this beautiful home, very centrally located in SE Cape Coral. Southern exposure, pool w/ spill-over hot tub, electric heat. Large, open living room with a fireplace and extra-high ceilings! 1st FLOOR has Master bed- & bathroom + a 2nd large BDR w/ private full bathroom. Extra-large lanai w/ covered sitting area (covered lanai and balcony are screened) + huge dock area w/boat lift. Walking distance to restaurants, grocery stores, shopping, fitness center, bowling & bars. 2nd FLOOR: Generous loft/living/office area, 3 bedrooms & 2 full bathrooms. All sliders are NEW impact sliders, and most of the windows have been replaced. Quote for remaining windows available on request. To allow for almost immediate owner occupancy, only near-future vacation rental contracts have been accepted. Home is in a successful vacation rental program - current bookings only through April 2026 (please ask about current bookings, which would need to be honored). NEAREST BEACHES: 6.6 miles to public beach (Yacht Club Public Beach) 15.3 miles to Fort Myers Beach (= nearest large beach is Fort Myers Beach w/ options for water sports, tubing, water skiing, etc, lots of bars, restaurants, and beach stores.) 16.3 miles to the Sanibel Causeway

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

6/10
Caloosa Elementary SchoolGrades PK-51.8 mi
4/10
Caloosa Middle SchoolGrades 6-82.0 mi
5/10
Cape Coral High SchoolGrades 9-123.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1991

Materials

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

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Other,Two Story,See Remarks
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Oven,Dryer,Dishwasher,Electric Cooktop,Freezer,Disposal,Ice Maker,Microwave,Refrigerator,RefrigeratorWithIce Maker,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,Inside,Laundry Tub

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Built-in Features,Bedroom on Main Level,Bathtub,Closet Cabinetry,Dual Sinks,Eat-in Kitchen,Family/Dining Room,French Door(s)/Atrium Door(s),Fireplace,High Ceilings,Kitchen Island,Living/Dining Room,Custom Mirrors,Main Level Primary,Multiple Primary Suites,Pantry,Sitting Area in Primary,Separate Shower,Cable TV,Walk-In Pantry,Bar,Bathroom,Den,Guest Quarters,Loft,Office,Other,Screened Porch,Great Room
  • Door features: French Doors
  • Window features: Arched,Other,Sliding,Impact Glass,Window Coverings
  • Flooring: Laminate,Tile,Vinyl,Wood
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 7,516
  • Total interior livable area: 4,832 sqft

Property

Details

  • Parcel number: 294424C205399.0130
  • Lease amount: 0
  • Zoning description: R1-W

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Concrete,Electric Heat,Heated,In Ground,Pool Equipment,Salt Water
  • Patio & porch: Balcony,Deck,Lanai,Patio,Porch,Screened
  • Exterior features: Deck,Security/High Impact Doors,Sprinkler/Irrigation,Outdoor Shower,Patio,Gas Grill
  • Has spa: Yes
  • Spa features: Electric Heat,Gunite,In Ground,Solar Heat
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake

Lot

  • Lot size: 10,018 sqft
  • Features: Rectangular Lot,Sprinklers Automatic
  • Lot size dimensions: 80 x 125 x 80 x 125

Parking

  • Total spaces: 2
  • Parking features: Attached,Driveway,Garage,Paved,Two Spaces,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
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 $7,835$94,020
Home Insurance *$1,171$14,052
Property Taxes $2,352$28,224
Electricity $486$5,835
Total$11,844$142,128
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$406,080/yr
40% on housing$355,320/yr
45% on housing$315,840/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

$321This listing

vs Other Active Listings

Avg $/sqft

ZIP 33990$211
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33990$215
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
2026-01-19Price change$1,549,500
2026-01-11Price change$1,599,500
2025-10-06Listed for sale$1,649,500
2025-06-24Listing removed$1,845,000
2024-11-12Price change$1,845,000
2024-07-15Price change$1,795,000
2024-05-03Price change$1,695,000
2024-04-20Price change$1,745,000
2023-12-01Price change$1,795,000
2023-11-20Price change$1,814,900
2023-11-06Price change$1,824,900
2023-10-23Price change$1,850,000
2023-10-18Price change$1,890,000
2023-08-16Price change$1,999,500
2023-04-08Price change$2,195,000
2023-04-03Price change$2,199,000
2023-01-22Price change$2,750,000
2022-05-04Price change$2,350,000
2022-04-18Listed for sale$2,150,000
2020-11-03Listing removed$5,920
2020-10-30Sold$715,000
2020-09-30Pending sale$749,900
2020-09-12Listed for sale$749,900
2020-08-02Listing removed$749,900
2020-07-16Pending sale$749,900

For Sale by Agent

AgentAngelika Schulze
BrokerageHoliday & More Corporation

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