$1,199,000
3 Bed Pool Home for Sale in Cape Coral
2304 SW 38th Terrace, Cape Coral, FL, 33914
About this home
Welcome to this brand-new, modern Gulf Access Home, perfectly positioned on an intersecting canal with sought after southern rear exposure, delivering sun-filled days and breathtaking water views all year around. This thoughtful designed residence offers 3 spacious bedrooms, 3 full bathrooms and a large den, providing flexibility for family living, guests or a home office. The open-concept layout centers a great kitchen with a generous center island, seamlessly flowing into the dining area where large picture windows frame the canal intersecting and flood the space with natural light. Expansive 10 ft zero corner sliders blur the line between indoor and outdoor living, opening to a lanai and oversized pool deck designed for true Florida enjoyment. Outside you'll find a large pool, spa and sun shelf, creating the perfect setting for relaxing, entertaining or soaking up the sun all year long. Weather you are looking for a primary residence, a seasonal retreat or a high performing vacation rental, this waterfront home checks all the boxes - modern design, prime exposure and an unbeatable view.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 2,476 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 97
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $16,786/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- Yes
- 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 |
|---|---|---|---|---|---|
| 3829 SW 20th Avenue | May 2026 | $1,160,000 | 4/3 | 2,567 | $452 |
| 2605 SW 37th Street | Jun 2026 | $1,188,000 | 3/3 | 2,635 | $451 |
| 3130 SW 26th Avenue | Jul 2026 | $1,320,000 | 4/3 | 2,484 | $531 |
| Average | 3 comps | $1,222,667 | $478 |
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 $50,000 (4%) from the original list price.
| Aug 21, 2026 | Price reducedfrom $1,249,000 | $1,199,000 |
| May 25, 2026 | Listed | $1,249,000 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 3-car garage
- 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.