• $450,000List Price
  • ActiveStatus
  • 42Number of Photos
  • 26.666727Latitude
  • 1200 Patterson RoadAddress
  • Patterson RoadStreet
  • Cape CoralTown
  • FLState
  • 33909Zip
  • Lee CountyCounty
  • ResidentialProperty Type
  • 2260486MLS Number
  • 4Bedrooms
  • 2Half Baths
  • 2,016Square Feet
  • 1961Year Built
  • 0.23Acreage

Listing Tools

This one-of-a-kind Cape Coral compound offers an exceptionally rare blend of modern living, proven rental income, and flexible multi-generational design-all wrapped into a fully renovated property unlike anything else on the market. The main residence features 3 bedrooms, 1 full bath, and a spacious recreation/flex room, with two additional independent living spaces designed to accommodate a wide range of lifestyle and investment needs. Inside, light-filled interiors unfold in a soft contemporary palette, while ceramic tile flooring laid in a striking herringbone pattern carries throughout the home. The beautifully renovated kitchen features quartz countertops, a dramatic full-height quartz backsplash, under-cabinet lighting, abundant cabinetry, stainless appliances, and a breakfast bar. A spacious recreation room with a dramatic brick-clad wood-burning fireplace creates incredible flexibility and could easily function as a theater space, fitness area, game room, or oversized secondary living room. What truly sets this property apart, however, are the two additional independent living spaces designed to accommodate today's evolving lifestyle needs. Connected to the main home through a lockout-style double-door system reminiscent of luxury hotel suites, the fully air-conditioned mother-in-law suite features a kitchenette, sitting area, dining area, large closet, stackable washer and dryer, and a beautifully finished bath with walk-in shower. The detached, fully air-conditioned two-car garage has been transformed into a beautifully finished flex environment with tiled walls and floors throughout. Easily converted to living space for use as workshop, gym, studio, creative workspace, home business headquarters, entertainment pavilion, or additional income-producing opportunity. With its detached configuration and separate access, the structure offers a level of independence rarely found in residential properties. Extensive renovations and system updates provide added peace of mind, including a newer shingle roof, impact-rated doors and windows, updated HVAC, updated plumbing and electrical, new septic system, whole-house reverse osmosis system, new well equipment, and extensive interior improvements throughout. Situated in sunny Cape Coral with relaxed 7-day minimum rental restrictions, this property presents an extraordinary opportunity for buyers seeking a primary residence with income potential, a live/work compound, multigenerational flexibility, or a uniquely adaptable investment property where the possibilities are nearly endless.

Location

 "Based on information submitted to Sanibel & Captiva Islands Association of REALTORS as of May 24, 2026 5:13 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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