SW 5th Place, FL: Eight Lakes peninsula home for sale – 5BR, pool, dock & 2 lifts

Detached house

Do you hear that? It’s the quiet at the end of a cul-de-sac, broken only by the water lapping at your shoreline. Set on a rare peninsula lot in Cape Coral’s coveted Eight Lakes area, this generous single-level home frames panoramic lake views from nearly every room. The property spans about 0.346 acres with roughly 3,913 sq ft (~364 m²) of living space—privacy and openness in perfect balance.

Step inside to an open, high-ceiling layout that flows naturally for everyday life and entertaining. The cook’s kitchen—induction cooktop, island with a large breakfast bar, and abundant storage—anchors the heart of the home. A wet bar and expansive living room make hosting effortless, while a game room with billiards and a fireplace set the scene for cozy evenings. In total, there are five bedrooms and three full baths plus a half bath; the primary suite stands out for its scale, comfort, and water-view sightlines.

Outdoors, your private resort begins: a heated sport-length pool (≈40 ft) with an overflow spa, pool bath access, and a built-in gas outdoor kitchen—all beneath a wide picture-frame screen enclosure that preserves the view while keeping things breezy and bug-free. For boaters, the setup is a dream: a large Trex-clad dock plus two lifts (~8,000 lb and ~15,000 lb). From the lake system, you’re minutes to open canals and onward toward the Gulf—sunset cruises, fishing mornings, and waterfront lunches become your everyday.

Practical comforts complete the picture: central heating and cooling (electric), ceiling fans, a two-car garage, and optional furnished delivery for a smooth move-in. Built in 1991 and carefully maintained, the home blends classic Florida living with modern function—and a waterfront position that’s simply hard to beat.

The location does the rest: quick access to schools, shops, marinas, and dining; the combination of peninsula siting and wide lake frontage underpins long-term value. Here, days begin to the rhythm of the water—and close in the gold of the sunset.

Price: $1,599,999
Address: 4902 SW 5th Place, Cape Coral, FL 33914
Type: Single-family home — for sale