This one-of-a-kind Cape Coral compound offers an exceptionally rare blend of modern living, proven rental income, and flexible multi-generational design—all wrapped into a fully renovated property unlike anything else on the market. The main residence features 3 bedrooms, 1 full bath, and a spacious recreation/flex room, with two additional independent living spaces designed to accommodate a wide range of lifestyle and investment needs. Inside, light-filled interiors unfold in a soft contemporary palette, while ceramic tile flooring laid in a striking herringbone pattern carries throughout the home. The beautifully renovated kitchen features quartz countertops, a dramatic full-height quartz backsplash, under-cabinet lighting, abundant cabinetry, stainless appliances, and a breakfast bar. A spacious recreation room with a dramatic brick-clad wood-burning fireplace creates incredible flexibility and could easily function as a theater space, fitness area, game room, or oversized secondary living room. What truly sets this property apart, however, are the two additional independent living spaces designed to accommodate today’s evolving lifestyle needs. Connected to the main home through a lockout-style double-door system reminiscent of luxury hotel suites, the fully air-conditioned mother-in-law suite features a kitchenette, sitting area, dining area, large closet, stackable washer and dryer, and a beautifully finished bath with walk-in shower. The detached, fully air-conditioned two-car garage has been transformed into a beautifully finished flex environment with tiled walls and floors throughout. The expansive open interior ideal for use as a workshop, gym, studio, creative workspace, home business headquarters, entertainment pavilion, or additional income-producing opportunity. With its detached configuration and separate access, the structure offers a level of independence rarely found in residential properties. Extensive renovations and system updates provide added peace of mind, including a newer shingle roof, partial impact-rated windows, impact rated doors, updated HVAC, updated plumbing and electrical, new septic system, whole-house reverse osmosis system, new well equipment, and extensive interior improvements throughout. Situated in sunny Cape Coral with relaxed 7-day minimum rental restrictions, this property presents an extraordinary opportunity for buyers seeking a primary residence with income potential, a live/work compound, multigenerational flexibility, or a uniquely adaptable investment property where the possibilities are nearly endless.
Single-familyProperty Type
1961Year Built
10,105 sq ftLot Size
$198Price/Sq.Ft.
2 car garageParking
Listed by Mary Ann Cowart• Royal Shell Real Estate, Inc.
Hancock, located between Del Prado Blvd N and Santa Barbara Blvd, is a canal-lined and residential Cape Coral neighborhood with low-slung ranch homes and wide, palm-edged streets. The neighborhood’s energy concentrates around the Pine Island Rd & Del Prado Blvd N crossroads, where plazas, local eateries, and service storefronts create a steady daytime hum. Cultural touchstones nearby include the Cape Coral Historical Museum, Cultural Park Theater, and the Cape Coral Art Center. Streetscapes mix mid-century Florida builds with newer stucco homes, many oriented to freshwater canals. Sidewalks and bike lanes trace major corridors, while pocket greenspaces break up the grid. Daily life centers on errands, waterfront views, and short drives to city parks and the river.
Provided by Walk Score and Local Logic
Offer insights
1200 Patterson Rd · $399,000
$397K and above
75% chance or better to win
Why $397K+ is a strong offer
DAYS ON MARKET
104 days
The average home goes pending in 73 days.
SALE-TO-LIST
96.6%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Breakfast bar
Built-in features
Eat-in kitchen
Kitchen island
Living/dining room
Bar
Separate shower
Shower only
Window treatments
Workshop
Furnished
Single hung windows
Impact glass windows
Bedrooms
Den
Recreation
Bathrooms
2 full bathrooms
Shower-only configuration in at least one bathroom
Separate shower
Kitchen
Range
Microwave
Dishwasher
Refrigerator with icemaker
Icemaker
Water purifier
Reverse osmosis system
Eat-in kitchen layout
Kitchen island
Breakfast bar
Laundry & utility
Washer and dryer included
Laundry inside
Flooring
Tile flooring
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Exterior features
Fence
Patio
Open porch
Patio/porch area
Security/high-impact doors
Rectangular lot
Paved road access
East exposure
Home design
Single-story home
Entry level 1
Resale property
Faces west
Parking
Detached 2-space garage
Circular driveway
Two uncovered spaces
Security
Security/high-impact doors
Construction
Block, concrete and stucco construction
Shingle roof
Utilities
Well water
Septic tank
Cable available
HOA & community
Non-gated community
No association fee indicated
Financial info
Pets allowed
Electricity and solar
View estimated energy costs and solar savings for this home
This district is established to encourage and protect single-family development and to permit other uses generally compatible with single-family residential uses.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Educational/school
Fire house
Police station
Recreation
Golf related
Park & open space
May 17, 2023 • Final
Roofing shingle to shingle or shingle to metal - residential (push-button)
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Cape Coral, FL • 33909
Average low and high temperatures (°F)
73
51
78
57
82
61
86
65
90
72
91
75
91
76
91
76
90
76
86
71
82
62
78
58
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1200 Patterson Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $193,000 and $699,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $193K to $699K.