3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026022534

$445,000

3 Bed Pool Home for Sale in Cape Coral

437 NW 38th Place, Cape Coral, FL, 33993

3 beds2 baths1,675 sqft2 garage
GatedPickleballTennisBoatingPlayground

About this home

A MUST SEE! This beautifully maintained 8-year-old home shows like a brand-new HGTV model. Immaculate inside and out, every detail reflects pride of ownership and thoughtful design. 10 FT ceilings. IMPACT windows eliminates the hassle of shutters. Extra insulation such as sprayed foam insulation on underside of roof makes home more comfortable while lowering the electric bill The inviting open floorplan maximizes every inch of living space, creating a bright and comfortable home perfect for everyday living and entertaining alike. Even the spacious front porch offers an ideal place to relax or gather with guests. Step outside to your private tropical retreat featuring a stunning pool added just five years ago that includes a waterfall feature to add to your relaxation. The sun shelf is perfect for cooling off, lounging with your feet in the water, or providing a safer play area for younger children. The lanai and pool area enjoy exceptional privacy thanks to lush landscaping and neighboring fences, creating a peaceful backyard oasis. Located in an attractive, highly walkable neighborhood surrounded by many Gulf Access waterfront homes, this property is just blocks from the new waterfront Tropicana Park and the future Gulf Gateway Resort (at Seven Islands) a major waterfront destination poised to begin construction pending final permit approval by the Army Corps of Engineers. There's several other parks nearby including Sirenia Vista, Joe Stonis, and Jim Jeffers, providing exercise equipment, pickleball, tennis, and many relaxing venues. And if you're a boater, you can easily launch your boat at the nearby Burnt Store Boat Ramp. Publix, Walgreens, Restaurants, and more, including the Trendy Matlacha community are all close by, including popular venues such as Blue Dog and Micelis with its nightly bands with boats going by. Flood insurance transferrable $1,256 ending DEC 2026. All window treatments remain with home. Neighbors fences on 3 sides of backyard. Furnishings minus some items available for an additional fee. This home is a true gem. Put it at the TOP of your list!

Property details

Type
SingleFamilyResidence
Year built
2018
Interior
1,675 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
2 car
Days on market
84
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,230/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
East
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

Amenities

BoatRampPlaygroundPickleballSeeRemarksTennisCourtsTrails

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
$266/sqft
Comp median
$259/sqft
Difference
+3%

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
415 NW 37TH AvenueAug 2026$529,6904/31,840$288
817 NW 38th PlaceAug 2026$445,0003/21,810$246
3405 NW 8th TerraceMay 2026$452,0003/21,810$250
1020 NW 33RD PlaceJul 2026$489,0003/21,824$268
Average4 comps$478,923$263

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,465
Median sold price · Cape Coral
$384,990last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
4.6% MoM3.6% YoY
$340k$365k$390kJul ’25Sep ’26
$362,495Sep ’26 · 28 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 $40,000 (8.2%) from the original list price.

Sep 3, 2026Price reducedfrom $475,000$445,000
Sep 3, 2026Back on market
May 22, 2026Listed$485,000

The good, the trade-offs & the location

Pros
  • Built 2018 — 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
7 mi
Cape Coral Hospital
Beach
15.6 mi
Sanibel Island
Airport
12.8 mi
Page Field (Fort Myers)
Shopping
7 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.