GREAT LOW PRICE ON OTERO LAKE!! REDUCED - BEST PRICED LOT WITH THIS LAKE VIEW SOUTH OF KISMET AND WEST OF OLD BURNT STORE ROAD. Direct Sailboat Gulf Access lot on the Otero Canal with great views of Otero Lake! Otero Lake is a 6 acre lake west of Old Burnt Store Road. This area is home to some of the nicest and priciest real estate in the NW area of Cape Coral. Two miles to the south is the planned Seven Island’s project that the city has in the works. This project is supposed to be comprised of mixed housing, an 8 story hotel and waterfront shops/dining and a parking garage. The area west of Old Burnt Store Rd. has gulf access properties that do NOT require going under a bridge or going through a boat lock to get out to open water via Matlacha and Pine Island Sound. This is a benefit for boaters with tuna towers, sailboats and larger boats in general. This lot has private views with only one or two homesites on the opposite side of the canal that can look across to this lot. The canal section of the Otero waterway measures over 200 feet. Beautiful private setting with direct access to the North Spreader Waterway.