$335,000
3 Bed Waterfront Home for Sale in Stonewater
872 Stonewater Lake Terrace, Cape Coral, FL, 33993
About this home
** Lender Approved Short Sale ****Welcome to your dream home in the coveted gated community of Stonewater, nestled in the heart of Cape Coral! This pristine, barely-lived-in new construction residence boasts 1816 square feet of modern elegance. Step inside to discover an inviting open floorplan, perfectly designed for both entertaining and relaxation. Featuring 3 bedrooms and 2 bathrooms, this home offers the ideal layout with split bedrooms for added privacy. Imagine waking up to the tranquil views of the lake from your own private lanai, where you can sip your morning coffee or unwind after a long day while soaking in the breathtaking sunsets. Nature enthusiasts will delight in the opportunity to spot the majestic eagle as it gracefully leaves its nest in the wooded area of this picturesque community. With its prime location and unmatched beauty, Stonewater is in high demand – act quickly to make this rare gem your own. Don't miss out on the chance to experience the epitome of luxury living in Cape Coral. Schedule your private showing today and seize the opportunity to call this magnificent property home!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2023
- Interior
- 1,816 sqft
- Lot size
- 7,875.648 sqft
- Acreage
- 0.18 acres
- Garage
- 2 car
- Days on market
- 43
- Total association fees
- $2,684/yr (~$224/mo)
- CDD
- Yes
- Est. taxes (1.4%)
- $4,690/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- Southwest
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 860 Heather Lake Avenue | Mar 2026 | $299,000 | 3/2 | 2,000 | $150 |
| 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 |
| 423 NW 7th Place | Mar 2026 | $376,000 | 3/2 | 1,642 | $229 |
| 331 NW 7th Place | Feb 2026 | $325,000 | 4/2 | 1,809 | $180 |
| 564 Spring Hill Lake Loop | Jun 2026 | $324,999 | 3/2 | 1,816 | $179 |
| Average | 6 comps | $334,583 | $186 |
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 $5,000 (1.5%) from the original list price.
| Dec 18, 2025 | Sold | $330,000 |
| Aug 4, 2025 | Listed | $335,000 |
The good, the trade-offs & the location
- Built 2023 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- 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.