$619,000
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
1415 NW 38th Avenue, Cape Coral, FL, 33993
About this home
Step into your very own waterfront paradise with this beautifully updated Gulf access 3-bedroom, 2-bathroom home, packed with luxury features and upgrades. Nestled on an oversized pie-shaped lot with 146 feet of water frontage, this residence offers spectacular views of a nearly 400-foot-wide intersecting canal basin—all visible through the brand-new panoramic screen enclosure (2024). Enjoy your morning coffee or evening cocktail from the spacious lanai, where peace and breathtaking beauty are part of your daily routine. Boating enthusiasts will fall in love with the 110-foot Trex composite dock and Captain's walk, built for durability and carefree maintenance. The boat lift, complete with new aluminum bunks, GEM remote, and a new canopy (2024), provides easy access to the water so you can be cruising to Sanibel, Cayo Costa, Boca Grande, or Matlacha Pass in just minutes. There's only one bridge out, making your journey to waterfront restaurants, secluded beaches, and world-class fishing smooth and enjoyable. Inside, the home boasts a spacious open-concept layout with a great room, dining area, and a sleek, modern kitchen that’s perfect for entertaining. The kitchen features granite countertops, stainless steel appliances, and new dishwasher and microwave. A whole-house reverse osmosis system with a new membrane and pump ensures exceptional water quality throughout. Additional updates include a new metal roof (2023), new AC (2022), new pool heater (2023), and new remote-controlled ceiling fans in the living area, enhancing both comfort and peace of mind. Enjoy the beauty of tile floors throughout, 9.3-foot ceilings, and large pocket sliders that bring the outdoors in from both the living room and master suite. The second bathroom provides convenient direct pool access. The master bath features a double vanity, walk-in closet, and luxurious jetted tub, perfect for winding down with a book or glass of wine. Or take relaxation to the next level in your private 4-person hot tub, included with the home. This home sits high and dry, has never flooded, and includes an assumable flood insurance policy at only $658 per year—a rare and valuable benefit in a waterfront home. Watch manatees and dolphins from your dock, fish off the back of your property, or simply enjoy the peaceful water views from nearly every room. Located in the quiet and desirable NW Cape Coral, this property is close to the exciting Seven Islands Project, and other projects in the works which promises even more recreational and lifestyle amenities in the future. Despite its tucked-away feel, you're just minutes from shopping, restaurants, and all the conveniences you need. Whether you're looking for a full-time residence or a luxurious coastal retreat, this home offers the best of Florida waterfront living. More than just a property—it's a lifestyle. Seller's are motivated!!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1998
- Interior
- 1,832 sqft
- Lot size
- 12,763.08 sqft
- Acreage
- 0.29 acres
- Garage
- 2 car
- Days on market
- 74
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,666/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Southeast
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- 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.
Based on the $/sqft of 7 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 |
|---|---|---|---|---|---|
| 3914 Gulfstream Parkway | Oct 2025 | $500,000 | 3/2 | 1,931 | $259 |
| 1020 NW 33RD Place | Jul 2026 | $489,000 | 3/2 | 1,824 | $268 |
| 829 NW 33rd Place | Oct 2025 | $485,000 | 3/2 | 1,918 | $253 |
| 1716 Burnt Store Road | Mar 2026 | $749,700 | 3/3 | 1,967 | $381 |
| 1220 NW 30th Place | Oct 2025 | $560,000 | 3/2 | 1,940 | $289 |
| 2021 NW 41st Avenue | Mar 2026 | $480,000 | 3/2 | 1,804 | $266 |
| Average | 6 comps | $543,950 | $286 |
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 $54,000 (8.3%) from the original list price.
| Oct 24, 2025 | Sold | $595,000 |
| Aug 14, 2025 | Price reducedfrom $639,000 | $619,000 |
| Jun 27, 2025 | Listed | $649,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- 2-car garage
- Built 1998 — pre-2002 construction may carry older wind codes and higher insurance
- 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.