Single Family Residence at 515 GLEASON PKWY, CAPE CORAL
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$479,900

515 GLEASON PKWY
CAPE CORAL, FL 33914
Listed by Jayson Burtch · CENTURY 21 SUNBELT REALTY
Bedrooms
3
Bathrooms
2
Living area
1,633 sqft
Year built
1996

About this home

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.

Highlights

WaterfrontPrivate pool

Property details

MLS
Stellar MLS
MLS #
MFRD6147342
Property type
Single Family Residence
Subdivision
CAPE CORAL
Status
Active
Days on market
107
On market date
May 18, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.28 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
PELICAN ELEMENTARY SCHOOL
0.57 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
930
Student:teacher ratio
18.6:1
District
LEE
Middle
GULF MIDDLE SCHOOL
1.69 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
828
Student:teacher ratio
19.3:1
District
LEE
High
CAPE CORAL HIGH SCHOOL
1.27 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,809
Student:teacher ratio
21.8:1
District
LEE

Walkability

Blended score for CAPE CORAL's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

78
Walkable
out of 100
EPA National Walkability Index
13.2 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores4
Parks2
Schools8
Transit stops16
Pharmacies4

Market position

How this listing compares to current activity in CAPE CORAL, from live MLS data.

On the market 107 days -- 26 fewer days than CAPE CORAL's current average of 133 days.
For reference, the median list price across 640 active listings in CAPE CORAL right now is $265,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,040/mo
$95,980 down
$383,920 loan
Principal & interest$2,490
Property tax (est.)$400
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 2, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.