MAJOR PRICE DROP! Unmatched potential on a one-of-a-kind gulf-access lot is how you could easily summarize this SW Cape Coral pool home. Coupled with a discerning buyer with a vision, this home is poised to become a truly showcase property. You’ll immediately be drawn to the unobstructed intersecting canal, wrap-around water views, that stretch approximately 1/4 mile straight out the back of the home. Your lot is nearly 1/2 acre in size, which provides over 200 ft of seawall. Unlike most gulf-access properties in Cape Coral, the placement of the home not only provides the absolute best views, but also offers plenty of space to build the boat dock of your dreams without ruining the view out of the home! The most significant and costly improvement has already been completed: a new tile roof, installed less than a year ago. Five sets of sliders open up to the covered outdoor living area, featuring a heated pool and lanai, with ideal Southern exposure, providing full sun on your pool, year-round. With wrap-around water views visible from nearly every room, you’ll feel as if you're living on your very own private peninsula. Totaling over 3,200 SF under air, the first-floor features four bedrooms, including primary and secondary suites, and three full baths. The kitchen and breakfast nook have direct pool/canal views and the large family room boasts breathtaking water views in three directions. Lastly, the formal living and dining areas offer additional flexible living spaces. A spiral staircase leads to the second-floor loft/den/flex space, which is a versatile area with three sets of sliders leading to a screened balcony that offers even larger/longer water views. This space can easily transform into a home office, media room, or additional living area. Over 70 ft of driveway leads to an oversized two-car garage, which is nearly the same sq. footage as a traditional three-car garage, providing ample storage space. Boating enthusiasts will appreciate the quick and easy access to the Spreader canal, leading to the Gulf of Mexico, and hurricane protection throughout the home offers peace of mind. This home has been loved by its original owner and is now ready for the next buyer to transform it into a truly remarkable residence. The unrivaled waterfront setting offers potential that is limited only by your imagination. Seize this unique chance to make this exceptional property your own and create the waterfront home of your dreams!