PRICE REDUCED! Build your dream waterfront home on this oversized .33-acre pie-shaped lot in Cape Coral featuring scenic intersecting canal views of the Zanzibar and Frontier canals. Your future backyard opens to Cape Coral's freshwater canal system with access through connected waterways to multiple lakes including Anchor Lake, Pelican Lake, and others. Perfect for enjoying the Southwest Florida lifestyle with kayaking, paddleboarding, fishing, pontoons, and small boats right from your backyard (no Gulf access). Located in a No Flood Zone and sitting approximately 2+ feet above street level, this property may also help reduce future building costs. An active burrowing owl burrow is located near the front corner area of the property and neighboring lot. Per City of Cape Coral and FWC guidelines, many properties with owl burrows remain fully developable by maintaining required protection zones during construction. If the future home footprint, driveway, and construction activities remain outside the required buffer areas, building may proceed without a state nest removal permit. Buyer to verify all future building and permitting requirements. Cape Coral is home to one of the largest burrowing owl populations in Florida, making these unique birds part of the charm and character of the community. This oversized waterfront homesite offers added privacy, beautiful canal views, freshwater lake access, and an incredible opportunity to build a custom home in one of Cape Coral's growing areas. Priced to sell - don't miss this waterfront opportunity!