3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2025019001

$984,000

3 Bed Pool Home for Sale in Cape Coral

1438 NW 38th Place, Cape Coral, FL, 33993

3 beds2 baths2,231 sqft3 garage
BoatingWaterfront

About this home

GULF ACCESS – BRAND NEW CONSTRUCTION! Welcome to your DREAM HOME at 1438 NW 38th Place—a stunning new build perfectly situated on a WIDE CANAL just ONE BRIDGE OUT to open water. This modern masterpiece features LARGE PORCELAIN TILE FLOORS, SOARING HIGH CEILINGS, and an open, light-filled floor plan designed for luxurious coastal living. The CHEF’S KITCHEN boasts STAINLESS STEEL APPLIANCES, WOOD CABINETS, and elegant finishes ideal for entertaining. Enjoy indoor-outdoor living with THREE SETS OF HURRICANE IMPACT GLASS SLIDERS leading to an expansive SCREENED LANAI and SPARKLING POOL overlooking the canal. The PRIMARY SUITE is a private retreat offering TWO WALK-IN CLOSETS, HIS & HERS SHOWERS, and DUAL SINKS for ultimate comfort and convenience. Located close to PARKS, SHOPPING, DINING, and ALL AMENITIES, this home blends modern luxury with the best of Florida’s waterfront lifestyle. DON’T MISS THIS OPPORTUNITY to own a brand new Gulf access home in one of Cape Coral’s most desirable areas!

Property details

Type
SingleFamilyResidence
Year built
2025
Interior
2,231 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
3 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$13,776/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
Yes
Pets
Yes
County
Lee

Amenities

Other

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
$441/sqft
Comp median
$404/sqft
Difference
+9%

Based on the $/sqft of 10 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1503 NW 39th AvenueMay 2026$875,0003/22,279$384
1412 Old Burnt Store RoadMar 2026$955,0004/22,043$467
1618 NW 43rd AvenueFeb 2026$1,000,0004/32,323$430
2208 NW 38th PlaceDec 2025$900,0003/32,354$382
3425 NW 18th TerraceJul 2026$849,9004/32,265$375
1216 NW 32nd PlaceJul 2026$1,060,0003/32,245$472
Average6 comps$939,983$418

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.

The good, the trade-offs & the location

Pros
  • Built 2025 — post-2002 Florida wind codes (typically lower insurance)
  • New construction
  • Private pool
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 3-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
7.5 mi
Cape Coral Hospital
Beach
16.9 mi
Sanibel Island
Airport
13.4 mi
Page Field (Fort Myers)
Shopping
7.3 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.