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$2,699,000

Beds
4
Baths
5.0
sq ft
3,213

5302 Malaluka Ct, Cape Coral, FL 33904

5302 Malaluka Ct

CAPE CORAL, FL 33904

  • 132 days on market
This Luxury Modern Home located in the Yacht Club features direct boating access in minutes to Cape Coral's only Beach! Malaluka is the ultimate show-stopping experience with custom features around every corner all centered around an incredible outdoor waterfront living space. South & West Exposure. Professionally decorated & furnished by award winning firm Design West in Naples. 3,213 SF under air & 5,052 total SF of space with 4 bedrooms + office, 4 full and 2 half bathrooms, and an oversized 3 car garage with modern impact glass garage doors. Miami Beach style waterfall floating walkway entry, tropical landscaping, modern lighting, and porcelain cladded columns. Living room features an incredible wall-to-wall 32 foot PGT Impact Sliding Glass Door with motorized smart home window shades overlooking the custom pool and waterfall - you won't find a wall of sliders like this in any other home! Soaring 16' coffered ceilings and designed lighting. The living room is centered around the matchbook set Quartz feature wall with fireplace, TV, and LED accent shelves. A warm & modern space with 24x28 porcelain floors and temp. controlled glass wine room with custom cabinetry and de-corking station. Chef's kitchen with skinny shaker doors and 60" tall cabinets with glass uppers, hidden walk-in pantry with additional cabinetry, 10' long island with Pompei mitered edge quartz countertops, 48" workstation sink, 48" fridge, induction cooktop, and built in coffee station. Master Suite looks down the length of the water way with 135-degree corner sliders. Large walk-in closet with closet system and a true spa style bathroom with tiled walls and mother of pearl inlay accent wall. Each bedroom features a unique designer coffered ceiling, closet, and private full bathroom allowing everyone to have their own private suite. Massive custom pool designed around the water with a sun shelf, large outdoor shower, and huge 8-person rectangler infinity spa! Turn on the waterfall and the backyard transforms into your personal paradise resort. Tons of outdoor living space, Synergy Cypress ceilings on all the patio. The Cabana - an Outdoor living room for gathering and relaxing with views looking down the Majestic Canal. Outdoor kitchen with Level 5 gray clouds brushed granite top, composite cabinetry, grill, beverage cooler, and pool bath. The waterfall shields off the cabana creating a private space as it cascades from the roof line into the pool's sun shelf. Cornering the Majestic Canal with incredible views down the length of the canal and South & Western Exposure for the most daytime sunlight on your pool area and magnificent sunsets every evening! Seawall new when home built, captains walk and composite dock with 16,000 pound lift and boat canopy with direct unrestricted boating access. Offered furnished with exclusions, rarely available resale home built by LUX Development Group - Cape Coral premier bespoke home builders.

Details

Property type

Single Family Residence

Est. home value

$1,978,635

Lot size

0.29 acres

Price per sq ft

$841

Year built

2021

Annual property taxes

$24,263.63

HOA

No

Price History

07/09/2024

FGCMLS #224057526

Listed
$2,699,000
+22.68%
11/12/2021

FGCMLS #221062553

Sold
$2,200,000
+1011.11%
06/05/2020

FGCMLS #220027195

Sold
$198,000
-1.98%

Schools & Community

Elementary school: 

LEE COUNTY

Middle school: 

LEE COUNTY

High school: 

LEE COUNTY

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Carrollton Bank

Loan start date

November 2021

Original loan amount

$1,500,000

Est. remaining balance

$1,401,331

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Brian S Melchiori and Emily J Melchiori

Lender

Carrollton Bank

Loan start date

November 2021

Original loan amount

$1,500,000

Est. remaining balance

$1,401,331

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Brian S Melchiori and Emily J Melchiori

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/17/2024 at 7:40 PM

Listing updated: 09/30/2024 at 3:08 PM

Listed by: Mike Darda, Compass Florida LLC Phone #: (305) 851-2820

MLS: FGCMLS #224057526

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