Direct sailboat access to the Gulf of Mexico - with less than a 10-minute boat ride to the Caloosahatchee River, and no bridges between your dock and the river - 1906 Ottersrest Lane brings your waterfront plans closer to reality. This improved lot offers something especially valuable to a buyer ready to build: much of the work that comes before construction has already been done. More than $100,000 has already been invested in waterfront improvements, paid assessments, utilities, soil testing, and complete house plans approved and permitted by the City of Cape Coral. Choose the approved design and begin with the initial planning and permitting stages behind you, connected water, temporary construction power, and completed soil testing. That means fewer preliminary tasks to coordinate and a shorter path to breaking ground. The approved proposed home offers three bedrooms, three bathrooms, and a dedicated office, with an expansive great room featuring 12-foot ceilings. A spacious kitchen with a large island and butler’s pantry connects everyday comfort with easy entertaining, while a covered lanai and outdoor kitchen make the waterfront setting part of the home’s appeal. A new dock accommodates a boat up to 38 feet and includes a 13,000-pound IMM platform lift, water, power, and a twin-engine Flushmaster system. With this investment already in place and the river just a short ride away, your future home comes with a boating setup to match.
20 days on market · Listing updated October 19, 2026
Location
Facts & Features
- Utilities:
- Sewer Available, Water Available
- Sewer:
- Assessment Paid, Central
- Water Source:
- Assessment Paid, Central, Irrigation Water
- Exterior Features:
- Dock, Boat Lift, Dock Included, Elec Avail at dock, Water Avail at Dock
- View:
- Canal
- Waterfront:
- No Bridge(s)/Water Direct, Canal Front
- Direction Faces:
- North
- Lot Features:
- Regular
- Irrigation:
- Assessment Paid, Central
- Road Surface:
- Paved
- Road Frontage:
- Cul-De-Sac, Public Road
- Community Features:
- Non-Gated
- Subdivision:
- CAPE CORAL
- Annual Taxes:
- $3,638
- Possession:
- Close Of Escrow
- Listing Terms:
- Buyer Finance/Cash
Price History
| Date | Event | Price |
|---|---|---|
| Oct 18, 2026 | Original list price | $375,000 |
Reflects listing data on file, not a complete transaction history.
Listed by Chris Cosma, Realty One Group MVP
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.