Cape Coral, FL · Gated & Master-Planned Communities

Festival Phase II

Second phase of Festival Resort

Gated & Master-Planned CommunitiesgatedMid · $450K – $900KFEMA Zone X

Market Snapshot

Festival Phase II market data

Live from the MLS · updated continuously. See all 16 listings →

Active Listings
16
for sale now
Median List Price
$358,704
active inventory
Median $/Sq Ft
$215
list price ÷ sqft
Avg Days on Market
71
days listed
Price Range
$145,000-$539,000
low to high
Sold (90 days)
$255,000
7 closed · median
Homes Built
1977-2026
Typical Home
3 bed · 1,432 sq ft
Waterfront
31% of homes
Private Pool
38% of homes
Median sold price · Festival Phase II
$255,000last 3 months14.7% vs $298,800 prior 3 months

Figures reflect current active listings (and recent closed sales where available) tagged to Festival Phase II. Medians are indicative, not an appraisal, ask Rick for a comparative market analysis on a specific home.

On the Map

Where Festival Phase II sits

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Available Now

Homes for sale in Festival Phase II

No active listings in Festival Phase II right now

New homes list here weekly, search nearby or ask Rick to watch this community for you.

Recently Sold

Recent sales in Festival Phase II

HomeBd / BaSq FtSoldSold Price
1220 SE 6th Terrace 57, Cape Coral2 / 2982Aug 2026$150,000
636 SE 11th Avenue, Cape Coral3 / 21,430Jul 2026$387,000
919 SE 5th Place, Cape Coral2 / 21,238Jul 2026$255,000
703 SE 7th Street 2, Cape Coral3 / 21,892Jul 2026$295,000

Closed sales from the last 12 months. Ask Rick for a full comparable-sales report on any home you're considering.

At a Glance

Festival Phase II at a glance

Price Range
Mid
Typically $450K – $900K
Flood Zone
Zone X
Minimal flood risk
high-confidence estimate, verify by address
Community Type
gated
Region
Cape Coral

Amenities & Lifestyle

What you get living in Festival Phase II

Resort AmenitiesNew ConstructionMaster Planned

Drive Times

Location & access

  • 🏖️ Nearest Beach35 min
  • ✈️ RSW Airport36 min
  • 🏙️ Downtown Fort Myers17 min
  • 🏥 Nearest Hospital21 min
  • 🛣️ I-75 Access31 min

Cost of Ownership

Estimated yearly costs for a mid-tier home

Florida estimates based on a $650,000 home in Festival Phase II. Actual numbers vary, book a Strategy Session for a live, parcel-specific quote.

Property Tax
$8,450
~$704/mo · Lee County millage ~1.3%
Insurance
$3,250, $7,150
Standard homeowners + wind
HOA Estimate
$150, $600/mo
Gated community range

Estimates only. Florida Homestead Exemption (when you qualify) can knock $750-1,500 off the annual tax bill.

⚠️ Flood Zone Accuracy Note

Festival Phase II is mapped primarily in Zone X

All sample points within Festival Phase II returned Zone X. Individual parcels may differ, flood zones are assigned per parcel by FEMA, not per community.

Before making an offer, always verify the exact flood zone for the specific property address:

Source: FEMA National Flood Hazard Layer · sampled at 5 points per community · confidence: high

Ready to Look Closer?

Get live numbers for Festival Phase II

HOA dues, current listings, recent sales, builder incentives, all change weekly. Book a free Strategy Session and I'll pull a live snapshot for Festival Phase II tailored to your timeline and budget.

Good Questions

Festival Phase II, frequently asked questions

What are home prices like in Festival Phase II?
Festival Phase II is in the mid price tier, typically Typically $450K – $900K. List prices vary by size, age, condition, and current inventory; search current listings or ask Rick for live comps.
What FEMA flood zone is Festival Phase II in?
Festival Phase II is mapped primarily in FEMA Zone X, Minimal flood risk. Individual parcels can differ; Rick verifies the exact zone for any address.
What schools are near Festival Phase II?
Closest schools include Caloosa Elementary School (1.2 mi), Caloosa Middle School (1.3 mi), Mid Cape Global Academy (1.5 mi). Browse all on the schools directory.
What does it cost to own a home in Festival Phase II?
For a $650,000 home, estimate roughly $8,450/yr property tax, $3,250-$7,150/yr insurance, and $150-$600/mo HOA. Full breakdown in the SWFL cost cheatsheet.
What amenities does Festival Phase II offer?
Festival Phase II features Resort Amenities, New Construction, Master Planned. Compare similar communities on the interactive map.