3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026010959

$338,000

3 Bed Pool Home for Sale in Cape Coral

2238 NW 8th Terrace, Cape Coral, FL, 33993

3 beds2 baths1,418 sqft2 garage
Gated

About this home

No flood insurance required — This private Florida retreat is built around outdoor living. The southern exposure keeps the pool sun-drenched, bright, and inviting — ideal for long afternoons in the sparkling saltwater pool or unwinding in the hot tub under the covered lanai. The newly enlarged lanai creates an expansive outdoor living space designed for entertaining, relaxing, and truly enjoying the Southwest Florida lifestyle. Triple pocket sliding glass doors open the home completely to the outdoors, blending indoor and outdoor living into one seamless space. The wood-accented ceiling adds warmth and character, making the entire area feel custom and elevated. Mature, lush landscaping —surrounds the backyard and enhances privacy. Inside, the home has been extensively updated with meaningful renovations. The kitchen features granite countertops, a stone-accented bar, stylish backsplash, and a spacious pantry. The primary suite has a shiplap accent wall, a new glass-enclosed shower, and a custom wood-shelved walk-in closet. Major improvements: new roof (2023), newer gutters, impact windows, new AC system installed in 2025 with an infrared ionizer, and a mini-split AC in the garage. Additional upgrades include landscape lighting, a second pantry in the laundry room, and pull-down attic storage. Convenient to the Burnt Store boat launch and Coral Oaks golf course.

Property details

Type
SingleFamilyResidence
Year built
2005
Interior
1,418 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
126
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,732/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
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.

Above marketThis home is priced above comparable recent sales.
This home
$238/sqft
Comp median
$212/sqft
Difference
+12%

Based on the $/sqft of 6 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
2304 NW 7th StreetMay 2026$349,9003/21,458$240
2428 NW 9th StreetDec 2025$299,0003/21,574$190
1809 NW 10th TerraceJan 2026$309,0003/21,458$212
1129 NW 19th AvenueSep 2025$335,0003/21,580$212
2308 NW 14th LaneApr 2026$385,0003/21,462$263
2231 NW Embers TerraceMay 2026$295,9003/21,448$204
Average6 comps$328,967$220

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

Down $37,000 (9.9%) from the original list price.

Aug 18, 2026Back on market
Jul 2, 2026Price reducedfrom $356,000$338,000
Mar 20, 2026Listed$375,000

The good, the trade-offs & the location

Pros
  • Built 2005 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.3 mi
Cape Coral Hospital
Beach
15.5 mi
Fort Myers Beach
Airport
11.2 mi
Page Field (Fort Myers)
Shopping
5.1 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.