$315,000
3 Bed SingleFamilyResidence for Sale in Stonewater
288 Spring Hill Lake Loop, Cape Coral, FL, 33993
About this home
BANK APPROVED PRICE!!!!! The buyer did not have the money to close!!!! Not in a Flood Zone – Gated Community Living! Bank Approved Short Sale! Discover this beautiful 3-bedroom, 2.5-bathroom home with a 2.5-car garage in a desirable gated community. Enjoy top-tier amenities, including pickleball courts, a resort-style pool, an exercise room, a picnic area, and a park. Inside, the home features granite countertops in the kitchen and bathrooms, tile flooring with carpet in the bedrooms, and an open, inviting layout. The lanai is equipped with remote-controlled Storm Smart hurricane screens, while the windows have Storm Smart accordion hurricane shutters for added protection. Experience comfort, security, and convenience in this well-appointed home—all without the worry of flood zone concerns!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2023
- Interior
- 2,000 sqft
- Lot size
- 7,078.5 sqft
- Acreage
- 0.16 acres
- Garage
- 2 car
- Days on market
- 469
- Total association fees
- $2,844/yr (~$237/mo)
- CDD
- Yes
- Est. taxes (1.4%)
- $4,410/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Shutters
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
Based on the $/sqft of 13 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 304 Spring Hill Lake Loop | Sep 2025 | $315,000 | 4/2 | 2,032 | $155 |
| 860 Heather Lake Avenue | Mar 2026 | $299,000 | 3/2 | 2,000 | $150 |
| 366 Spring Hill Lake Loop | Aug 2025 | $330,000 | 4/2 | 2,034 | $162 |
| 872 Stonewater Lake Terrace | Dec 2025 | $330,000 | 3/2 | 1,816 | $182 |
| 531 SPRING HILL LAKE Loop | Feb 2026 | $332,500 | 3/2 | 1,816 | $183 |
| 503 SPRING HILL LAKE Loop | Dec 2025 | $349,999 | 2/2 | 1,816 | $193 |
| Average | 6 comps | $326,083 | $171 |
Market trends, Cape Coral
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 $120,000 (27.6%) from the original list price.
| Aug 26, 2026 | Back on market | |
| Jun 5, 2026 | Price reducedfrom $335,000 | $315,000 |
| Feb 4, 2025 | Listed | $435,000 |
The good, the trade-offs & the location
- Built 2023 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Storm protection: Shutters
- 2-car garage
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.