3 Bed Pool Home for Sale in Cape Coral
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SoldMLS# 2026024925

$389,000

3 Bed Pool Home for Sale in Cape Coral

2401 SW 38th Terrace, Cape Coral, FL, 33914

3 beds2 baths1,482 sqft2 garage
Boating

About this home

SELLER FINANCING AVAILBLE at 5.4%. Furnished- turnkey! Welcome to this beautifully maintained, move-in-ready home nestled in one of the area’s most desirable neighborhoods. Backing up to a serene preserve, this property offers exceptional privacy and peaceful natural views, creating the perfect setting to relax and unwind. Step outside to your private backyard oasis featuring a newer pool, screened lanai, and mature fruit trees that provide both beauty and the enjoyment of fresh, homegrown fruit. Inside, you’ll find a charming, well-kept interior with tasteful updates throughout, requiring little to no renovation. Conveniently located near shopping, dining, schools, and local amenities, this home combines comfort, convenience, and natural beauty in an outstanding location. Whether you’re entertaining guests or enjoying a quiet evening overlooking the preserve, this property offers the Florida lifestyle you’ve been looking for.

Property details

Type
SingleFamilyResidence
Year built
1997
Interior
1,482 sqft
Lot size
11,499.84 sqft
Acreage
0.26 acres
Garage
2 car
Days on market
7
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,446/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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
$262/sqft
Comp median
$232/sqft
Difference
+13%

Based on the $/sqft of 10 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
3904 SW 20th AvenueSep 2025$345,0003/21,557$222
2009 SW 36th TerraceAug 2026$340,0003/21,508$225
3315 SW 25th PlaceJul 2026$410,0003/21,622$253
3315 SW 25th PlaceSep 2025$424,0003/21,622$261
2506 Gleason ParkwayDec 2025$359,0003/21,613$223
4313 SW 26th AvenueApr 2026$387,5003/21,434$270
Average6 comps$377,583$242

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

Jul 31, 2026Sold$389,000
Jun 4, 2026Listed$389,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Storm protection: Shutters
  • 2-car garage
Consider
  • Built 1997 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
6 mi
Cape Coral Hospital
Beach
10 mi
Fort Myers Beach
Airport
9.9 mi
Page Field (Fort Myers)
Shopping
7 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.