$779,800
3 Bed 2.5 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
2108 SW 38th Terrace, Cape Coral, FL, 33914
About this home
Slashed to sell! This is THE ONE! Are you an avid boater searching for your perfect home? Look no further! This incredible custom-built residence in Southwest Cape Coral is a true boater’s paradise with direct Gulf access, and it’s available at a price you’ll appreciate. As you approach the house, you’re greeted by stunning curb appeal—meticulously landscaped grounds and a charming brick paver driveway lead you to a welcoming entrance. Step inside, and you’ll find a beautifully designed interior featuring wide-plank tile flooring and an airy cathedral ceiling that enhances the spaciousness of the family room. This delightful home offers three bedrooms plus an extra den, perfect for anything from a home office to a cozy media room. The open floorplan makes entertaining effortless, with a custom kitchen that features sleek cabinetry, a stylish center island with seating, upgraded stainless steel appliances, and even a wine cooler for your convenience. In the backyard, you can truly embrace the Southwest Florida lifestyle. The expansive lanai is ideal for relaxation, complete with a heated pool, inviting seating areas, and your very own private boat dock equipped with a seawall and electric hook-up—everything you need for your next Gulf adventure. The primary suite is a serene retreat, boasting spacious walk-in closets and a luxurious spa-like bathroom. This home also includes a three-car garage and a whole-home filtration system for extra peace of mind. Minutes away from shopping, dining, and beautiful beaches, this residence is perfect for families, retirees, or investors.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2011
- Interior
- 2,078 sqft
- Lot size
- 10,053.648 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 236
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $10,917/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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.
Based on the $/sqft of 4 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 |
|---|---|---|---|---|---|
| 1721 SW 41st Street | Apr 2026 | $709,000 | 3/2 | 2,118 | $335 |
| 2133 SW 43rd Lane | May 2026 | $865,000 | 3/2 | 2,250 | $384 |
| 2526 SW 32nd Lane | Aug 2025 | $800,000 | 3/3 | 2,276 | $351 |
| 1515 SW 43rd Terrace | Feb 2026 | $855,000 | 3/2 | 2,000 | $428 |
| Average | 4 comps | $807,250 | $375 |
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 $159,000 (18.1%) from the original list price.
| Sep 12, 2025 | Sold | $720,000 |
| Aug 8, 2025 | Price reducedfrom $779,900 | $779,800 |
| Dec 19, 2024 | Listed | $879,000 |
The good, the trade-offs & the location
- Built 2011 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- 3-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
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.