Blue Water Real Estate

Welcome to Blue Water, a hidden gem nestled in the heart of Cape Coral, Florida! This charming neighborhood offers an idyllic blend of serene waterfront living and vibrant community spirit, making it the perfect place to call home. Known for its picturesque canals and lush landscaping, Blue Water is a sanctuary for those seeking both relaxation and adventure.

As you stroll through the tree-lined streets, you’ll be greeted by friendly neighbors and a sense of belonging that is hard to find elsewhere. The community is predominantly residential, featuring a mix of beautiful single-family homes and waterfront properties that boast stunning views of the canals. Whether you’re an avid boater or simply enjoy the tranquility of water views, Blue Water has something for everyone.

The neighborhood is conveniently located near a variety of amenities, including shopping centers, restaurants, and recreational parks. Residents can enjoy outdoor activities at nearby parks or take advantage of the many boat ramps that lead to the Gulf of Mexico. For families, Blue Water is served by reputable schools, ensuring a quality education for children of all ages.

Blue Water also hosts community events throughout the year, fostering connections among residents and creating lasting memories. With its welcoming atmosphere and prime location, Blue Water is not just a neighborhood; it’s a lifestyle. Come discover the charm and warmth of Blue Water—your dream home awaits!

Newest Listings in Blue Water

$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

$519,900

3 Beds ⋅ 2 Baths ⋅ 2026032364 MLS

Your Slice Of Paradise! This Spacious 3 Bedroom, 2 Bath Coach Home Includes A Private Boat Dock w/10k lb Lift And Affords Fast Gulf Access With Only One Bridge Out To The Spreader, Matlacha Pass And Gulf. Check Out the Virtual Tour And See The Many Upgrades: Granite Counters & Hardwood Cabinetry In Both Baths and Kitchen, Tiled Backsplash, Pendant Lighting Over Kitchen Counter, A Wet Bar w/Wine Cooler & Ice Maker, Primary Bath W/Separate Soaking Tub and Walk In Shower, Large Walk-In Closet For Primary Bedroom, Large Laundry Room w/Cabinets, And Your Own Oversized Private 2 Car Garage. You Will Have Peace of Mind From The New Hurricane Rated Glass Windows ('25), Roll Down Electric Shutters For The Lanai, And Hurricane Accordian-Type Shutters On Top of All That. New A/C Unit, Inside & Out ('26). The Gated Bluewater Coach Home Community Has Lush Landscape, Beautiful New Tile Roofs ('24) Has A Beautiful Clubhouse w/Community Room, A Lake-Shaped Heated Pool w/Separate Heated Spa, Excercise Room and Kitchen. You Will Love An Evening Walk Along The Boardwalk And A Stop At The Large Community Tiki Hut. No Residence In Blue Water Coach Homes Has Ever Flooded - Ever! The HOA Fee Includes Building Insurance, Building Flood Insurance, Complete Lawncare Services, City Water & Sewer, And Amenities. There Are 56 Residences In This Community and Only 36 Docks, So Owning Your Own Private Dock Is A Valued Commodity! Come And Enjoy Florida Living At Its Very Best And Schedule Your Showing Today!

198 Shadroe Cove CIR Unit 502, Cape Coral

$550,000

3 Beds ⋅ 2.5 Baths ⋅ 2026021985 MLS ⋅ Blue Water BLDG.

Spacious and bright 3-bedroom + den, 2.5-bath condo with direct canal access to the Gulf and only one bridge at Burnt Store Bridge! Boaters will love the private 10,000 lb boat lift with water and electric at the dock, plus quick 15-minute access to open Gulf waters. Inside, volume ceilings and abundant natural light create an airy, open feel throughout. The well-designed floor plan features a breakfast nook, formal dining area, large pantry, and wet bar with icemaker—perfect for entertaining. The spacious primary suite offers dual separated vanities and ample comfort. Impact-resistant windows provide peace of mind, while two garage spaces add convenience and storage. This waterfront retreat combines boating access, spacious living, and Florida lifestyle all in one exceptional property. Condo unit may be purchased with or without the boat dock and lift. The MLS price is the price with the dock and lift. The condo unit without the dock and lift is $510,000.

178 Shadroe Cove CIR Unit 903, 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.