3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026013229

$454,900

3 Bed Pool Home for Sale in Cape Coral

402 SW 37th Lane, Cape Coral, FL, 33914

3 beds2 baths1,853 sqft2 garage
Gated

About this home

Check out this well-maintained Florida home located in the prosperous Pelican Neighborhood of SW Cape Coral, FL with palms galore! This 3-bedroom home with 2 full bathrooms has a very unique floor plan that feels much bigger than 1,853 sq. ft. – featuring a separate area upon entry currently being used as the game room, which could be used as the living room, along with a separate dining room. The primary bedroom is located on one side of the house, while the guest rooms are located on the opposite side of the house offering plenty of privacy. The home features vaulted ceilings in the living room overlooking the kitchen, with additional seating and storage space. This home has tile throughout the entire house and the current owners have made lots of small but very noticeable upgrades throughout that make the home feel warm and comfortable. The lanai is where you will spend most of your time, it’s fully enclosed and has plenty of space to entertain and relax in the heated/cooled saltwater pool and the above ground spa that comes with the house. The home is equipped with accordion shutters on all of the windows, including the lanai area. The main entry door, garage and pool bath doors have been upgraded to impact resistant. The yard is completely fenced in and has a great location on set pavers for you to lay out and soak in that Florida sunshine! The roof was replaced in 2022. Oh, by the way, all of the furnishings seen in the pictures are fully negotiable, this home can be sold TURN KEY! NO HOAs and NO FLOOD ZONE here. Home is conveniently located close to schools, parks, entertainment, shopping and less than 10 minutes to downtown Cape Coral. Ready to see it for yourself? Call your agent today and setup that appointment.

Property details

Type
SingleFamilyResidence
Year built
1986
Interior
1,853 sqft
Lot size
11,935.44 sqft
Acreage
0.27 acres
Garage
2 car
Days on market
149
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,369/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

Other

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$245/sqft
Comp median
$276/sqft
Difference
-11%

Based on the $/sqft of 4 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
250 SW 37th TerraceJul 2026$475,0003/21,676$283
3931 Pelican BoulevardJan 2026$450,0003/21,921$234
624 Mohawk ParkwayFeb 2026$489,0003/21,745$280
624 SW 35th StreetNov 2025$483,0003/21,774$272
Average4 comps$474,250$267

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 $15,000 (3.2%) from the original list price.

Aug 3, 2026Price reducedfrom $459,900$454,900
Apr 3, 2026Listed$469,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
  • Private pool
  • Storm protection: Shutters
  • 2-car garage
Consider
  • Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
4.3 mi
Cape Coral Hospital
Beach
9.2 mi
Fort Myers Beach
Airport
7.4 mi
Page Field (Fort Myers)
Shopping
5.4 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.