Blue Water Homes with Canal Access Waterfront

Welcome to Blue Water, a stunning waterfront development nestled in the heart of Cape Coral, Florida. This picturesque community is designed for those who crave the serene lifestyle that only a canal-access home can provide. With its beautiful surroundings and modern amenities, Blue Water is truly a paradise for water enthusiasts and nature lovers alike.

Each home in Blue Water boasts direct access to the sparkling canals that weave through the area, offering residents the perfect opportunity to indulge in boating, fishing, and kayaking right from their backyards. Imagine waking up to the gentle sounds of water lapping against your dock, with breathtaking sunrises painting the sky in vibrant hues. The homes are thoughtfully designed with open floor plans, large windows, and outdoor living spaces that seamlessly blend indoor and outdoor experiences, allowing you to soak in the beauty of your surroundings.

Located in Lee County, Cape Coral is known for its extensive canal system, making it one of the most desirable locations for waterfront living in Florida. With an array of nearby parks, restaurants, and shopping options, Blue Water offers not just a home, but a lifestyle. Whether you’re looking to enjoy a quiet evening by the water or an active day exploring the local attractions, Blue Water has it all.

Discover the charm of Blue Water and embrace a lifestyle where every day feels like a vacation. Your dream home awaits in this idyllic waterfront community!

Newest Blue Water Homes with Canal Access Waterfront

$484,900

3 Beds ⋅ 2 Baths ⋅ 2026037604 MLS

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 Circle Unit 802, 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 Circle Unit 1002, Cape Coral

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