3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026013239

$348,000

3 Bed Pool Home for Sale in Cape Coral

3941 NW 42nd Lane, Cape Coral, FL, 33993

3 beds2 baths2,023 sqft2 garage

About this home

This home is one with nature, surrounded by preserves, trails and wildlife. With very little neighbors. Step into this well-maintained 3-bedroom, 2-bathroom home perfectly situated in a quiet and safe neighborhood on a corner lot in NW Cape Coral. The spacious layout features a formal living and dining area as well as a large kitchen with an oversized island that seamlessly integrates with the family room for relaxed gatherings. The master bedroom offers an ensuite bathroom with a shower-tub combo and dual sinks. Outdoors, enjoy a private pool overlooking the adjacent wooded area that provides a feel of serenity and peace. Conveniently, the home is just a short 1-mile hike from the water and near Burnt Store Marina. Across the street is a beautiful nature preserve, with several other boat ramps accessible within a 10-minute drive. Don't miss out on this gem of a property! *ROOF 2024! BRAND NEW WHOLE HOME REVERSE OSMOSIS*

Property details

Type
SingleFamilyResidence
Year built
2007
Interior
2,023 sqft
Lot size
10,759.32 sqft
Acreage
0.25 acres
Garage
2 car
Days on market
36
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,872/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

InternetIrrigationWaterTrash

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

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.

At marketThis home is priced in line with comparable recent sales.
This home
$172/sqft
Comp median
$165/sqft
Difference
+4%

Based on the $/sqft of 8 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
3922 NW 41st TerraceMay 2026$315,0004/21,998$158
3626 NW 44th TerraceApr 2026$330,0004/21,998$165
3909 NW 46th TerraceNov 2025$310,0004/32,032$153
3630 NW 43rd StreetSep 2025$335,0004/32,032$165
4519 NW 37th AvenueJun 2026$334,0974/32,032$164
3817 NW 46th StreetFeb 2026$344,0003/21,833$188
Average6 comps$328,016$166

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 $12,000 (3.3%) from the original list price.

Apr 25, 2026Price reducedfrom $349,999$348,000
Mar 20, 2026Listed$360,000

The good, the trade-offs & the location

Pros
  • Built 2007 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceModerate
Hospital
10 mi
Cape Coral Hospital
Beach
20.8 mi
Sanibel Island
Airport
13.1 mi
Punta Gorda Airport
Shopping
9.4 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.