3 Bed SingleFamilyResidence for Sale in Cape Coral
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For SaleMLS# 2026025530

$332,000

3 Bed SingleFamilyResidence for Sale in Cape Coral

3620 NW 42nd Terrace, Cape Coral, FL, 33993

3 beds2 baths1,620 sqft3 garage
Gated

About this home

Move-in ready! Why wait months to build when you can own this beautifully maintained, like-new home loaded with upgrades in one of the most desirable and fastest-growing areas of Northwest Cape Coral.Ideally located near Old Burnt Store Road, this property is just minutes from the highly anticipated Seven Islands development and the new Tropicana Waterfront Park, placing you at the center of Cape Coral’s exciting future growth.This thoughtfully designed home features a spacious 3-car garage with durable epoxy flooring, granite countertops throughout, shaker-style cabinetry, stainless steel appliances, and a luxurious primary suite complete with dual sinks and a frameless glass shower enclosure. Additional upgrades include new landscaping, a large paver driveway, a screened lanai perfect for relaxing or entertaining, and a newer A/C unit for added comfort and efficiency.Situated on an oversized corner lot, there is plenty of room to add your dream pool while still enjoying ample outdoor space. Whether you’re looking for a full-time residence, seasonal retreat, or investment opportunity, this home offers exceptional value, location, and convenience. Schedule your private showing today—this is a home you won’t want to miss!

Property details

Type
SingleFamilyResidence
Year built
2021
Interior
1,620 sqft
Lot size
12,588.84 sqft
Acreage
0.29 acres
Garage
3 car
Days on market
77
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,648/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Above marketThis home is priced above comparable recent sales.
This home
$205/sqft
Comp median
$171/sqft
Difference
+20%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3936 NW 41ST AvenueAug 2025$340,0003/21,637$208
3801 Durden ParkwayMar 2026$309,9904/21,818$171
4733 NW 38th PlaceFeb 2026$307,9904/21,818$169
4700 NW 38th PlaceMar 2026$309,9904/21,818$171
3926 NW 44th TerraceDec 2025$299,9904/21,818$165
Average5 comps$313,592$177

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $85,995 (20.6%) from the original list price.

Aug 25, 2026Price reducedfrom $339,000$332,000
Jun 9, 2026Listed$417,995

The good, the trade-offs & the location

Pros
  • Built 2021 — post-2002 Florida wind codes (typically lower insurance)
  • 3-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceModerate
Hospital
9.7 mi
Cape Coral Hospital
Beach
20.6 mi
Fort Myers Beach
Airport
13.1 mi
Punta Gorda Airport
Shopping
9 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.