$700,000
3 Bed Pool Home for Sale in Cape Coral
1422 NW 38th Place, Cape Coral, FL, 33993
About this home
Fully updated on a triple Gulf access lot, this home features a brand-new interior, roof, impact windows, and doors and flooring. Designed for wheelchair access, it boasts an oversized garage and is just one bridge away from the spreader, with a 10,000 lb boat lift. The great room floor plan includes an additional living area currently used as a painting studio, which could also serve as a spacious office or family room or even be turned into another bedroom if so desired. The kitchen with new cabinetry and flooring, kitchen counters upgraded with granite countertops. Additional perks include inside laundry, plenty of sliders, dual sinks in both the master and second bathrooms, and an oversized triple lot offering plenty of space.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2001
- Interior
- 2,473 sqft
- Lot size
- 14,984.64 sqft
- Acreage
- 0.34 acres
- Garage
- 2 car
- Days on market
- 222
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,800/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- Spa
- No
- 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 3 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 |
|---|---|---|---|---|---|
| 1506 NW 37th Place | Apr 2026 | $599,900 | 3/2 | 2,453 | $245 |
| 1640 NW 39th Avenue | Dec 2025 | $595,000 | 3/2 | 2,453 | $243 |
| 3407 NW 17th Lane | Nov 2025 | $740,000 | 3/2 | 2,362 | $313 |
| Average | 3 comps | $644,967 | $267 |
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 $100,000 (12.5%) from the original list price.
| Aug 17, 2026 | Price reducedfrom $715,000 | $700,000 |
| Jan 7, 2026 | Listed | $800,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 2001 — 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.