Blue Water Real Estate

Welcome to Blue Water, a captivating subdivision nestled in the heart of Cape Coral, Florida. This charming community is a hidden gem within Lee County, offering a perfect blend of serene living and vibrant coastal lifestyle. With its stunning waterfront properties and lush landscapes, Blue Water is a haven for those seeking both relaxation and adventure.

As you stroll through the tree-lined streets of Blue Water, you’ll be greeted by a warm sense of community. The neighborhood is known for its friendly residents and well-maintained homes, making it an ideal place for families, retirees, and anyone looking to enjoy the Florida sunshine. Many properties boast breathtaking views of the water, providing a tranquil backdrop for your everyday life.

Located just minutes away from the stunning beaches of Southwest Florida, residents of Blue Water have access to a plethora of outdoor activities. From boating and fishing to kayaking and paddleboarding, the waterways surrounding Cape Coral are perfect for water enthusiasts. Additionally, the nearby parks and nature reserves offer ample opportunities for hiking, biking, and picnicking.

For those who enjoy dining and shopping, Blue Water is conveniently situated near a variety of local restaurants, boutiques, and entertainment options. The vibrant downtown area of Cape Coral is just a short drive away, ensuring that you’re never far from the excitement.

Whether you’re looking for a peaceful retreat or an active lifestyle, Blue Water in Cape Coral, FL, is the perfect place to call home. Discover the beauty and charm of this delightful subdivision, and experience the best of Florida living!

Newest Listings in Blue Water

$484,900

3 Beds ⋅ 2 Baths ⋅ 2026037604 MLS ⋅ Blue Water BLDG.

Saltwater Living at it's Best. Some homes sit near the water. This one puts you on it — a private dock with a ten-thousand-pound lift, one bridge, and then the North Spreader Canal, Matlacha Pass, and the Gulf a short boat ride away. It’s the kind of setup where the morning bite is a short walk to your boat lift... a perfect home for a serious fisherman. Beautiful, long range views across Shadroe Lake... watch the Tarpon roll in the summer and the Manatees in the winter. Three bedrooms, two baths, granite counters and hardwood cabinetry in the kitchen and both baths, a tiled backsplash, recessed lighting and stainless steel appliances. The primary suite has a soaking tub, walk-in shower, and a large walk-in closet. Laundry room with cabinets and additional pantry, oversized two-car garage and wired for EV charging. Built for the Florida weather: hurricane-rated glass windows installed 2025, additional accordion shutters for extra protection. ALL New A/C in 2025. Bluewater Coach Homes is a gated community of 56 homes with new tile roofs, a clubhouse, heated pool and spa, exercise room, and a huge tiki hut at the end of the boardwalk. This community is dog friendly! No home here has ever flooded! HOA covers building and flood insurance, lawn care, water and sewer, and amenities. 36 docks for 56 homes — the dock/lift and view give this unit the value. Schedule a preview and bring your boat shoes.

182 Shadroe Cove CIR Unit 802, Cape Coral

$479,000

3 Beds ⋅ 2 Baths ⋅ 2026032904 MLS ⋅ Blue Water BLDG.

Beautifully remodeled condo located in a highly preferred gated community well known for great boating access to open water, as well as easy access by car to stores, restaurants, and everywhere. The highly desired Blue Water Gulf Access community is known for luxury and carefree Florida living. This first-floor coach home has been completely remodeled with high end, designer finishes, creating a truly one-of-a-kind residence. Offering 3 bedrooms and 2 full baths, the open-concept floor plan is bright, spacious, and ideal for entertaining and relaxing. Expansive sliding glass doors seamlessly connect the living and dining areas to the oversized screened lanai, creating an inviting indoor-outdoor living space with peaceful views of the large lake and its illuminated fountain. No boat dock with this unit; however several docks are available to rent only to Blue Water residents, providing quick access to open water and the Gulf. The chef's kitchen is designed for both everyday living and entertaining, featuring custom cabinetry, quartz countertops, stainless steel appliances, and oversized island where guests can gather while meals are prepared. The owner's suite offers a spa-inspired retreat with an exceptional walk-in shower featuring both rainfall & body spray systems. Additional upscale features include soaring 10-ft ceilings, 8-ft interior doors, crown molding, plantation shutters, and beautiful high-end flooring throughout that combines the warmth of natural wood with easy maintenance. A rare feature is this home's attached private driveway, providing the convenience and privacy typically only at single-family homes. Guests can park directly in front of the home without long walks from guest parking. The oversized 2-car garage offers abundant storage and the perfect space for hobbies or workshop. Residents enjoy outstanding resort-style amenities, including a clubhouse with a fitness center, heated pool, and spa. The impressive waterfront tiki pavilion overlooks scenic Shadroe Lake, where dolphins and manatees are frequent visitors and spectacular sunsets become part of everyday life. A picturesque waterfront boardwalk and lush tropical landscaping further enhance your lifestyle. The community’s location provides convenient access to shopping, dining, I-75, and walking and biking paths that connect directly to one of Cape Coral's premier parks featuring pickleball, tennis courts, playgrounds, walking trails, and additional recreational amenities. Even better, all city utility assessments have been paid, new tile roof 2025 and new impact windows 2025. There has been NO flood or rainwater intrusion. Whether you're looking for a full-time residence, seasonal retreat, or boater's paradise, this exceptional waterfront home offers luxury, convenience, and low-maintenance living in one of Cape Coral's most desirable Gulf access communities. Start living the Southwest Florida lifestyle you've always imagined—because here, it's all about the water.

175 Shadroe Cove CIR Unit 1101, Cape Coral

$344,900

3 Beds ⋅ 2 Baths ⋅ 225039135 MLS

Why settle for ordinary when you can wake up to waterfront views? This beautifully maintained first-floor corner unit in the gated Blue Water community offers the Florida lifestyle you've been dreaming of—just minutes from open Gulf waters. Featuring 3 bedrooms, 2 baths, an attached 2-car garage, new impact-resistant windows (2025), crown molding, a spacious kitchen with stainless steel appliances, and an abundance of natural light, this home is as comfortable as it is beautiful. Relax while watching boats glide by, stroll the waterfront boardwalk, or enjoy the community clubhouse, pool, and tiki bar. Although this unit doesn't include a dock, one may be available through a private arrangement with another owner. Some homes simply have to be experienced in person—this is one of them. Schedule your private showing today and see why Blue Water is one of the area's most desirable waterfront communities. Seller is considering all reasonable offers.

174 Shadroe Cove CIR Unit 1002, Cape Coral

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.