$485,000
3 Bed Pool Home for Sale in Cape Coral
921 SW 5th Terrace, Cape Coral, FL, 33991
About this home
JUST REDUCED!!!! GREAT OPPORTUNUTY! ASSESSMENTS PAID, NO FLOOD ZONE/INS. REQUIRED, POOL HOME ON CANAL IN SW CAPE CORAL. YOU WILL LOVE MAKING THIS YOUR NEW HOME. Step into your private oasis! This exceptional 3/2/2 waterfront retreat offers 4,000 total sf of sun-soaked Florida living (1,919 sq ft under air) on a picturesque freshwater canal. From the moment you arrive, soaring open-concept spaces, designer finishes, and effortless indoor-outdoor flow set this home apart. Whether you're entertaining in the chef-inspired kitchen, unwinding beside the cascading waterfall pool, or casting a line right from your own backyard, this home was made for living beautifully. An Entertainer's Dream, Open-Concept w/a Sprawling great rm that flows effortlessly into your stylish formal dining area, perfect for gatherings large & small. Show-stopping kitchen island with stainless sink w/bar-stool dining or serving up hors d'oeuvres. Sleek stainless steel appliances that make cooking a pleasure. Custom all-wood, soft-close cabinets and drawers throughout, quality craftsmanship in every detail. Elegant granite countertops add timeless sophistication. Disappearing walls of glass open the living space directly to the lanai and pool, combining your indoor and outside. Rich travertine tile flows through every living area, the master bedroom, and both baths for a seamless upscale feel. Plush, soft carpeting for comfort in the secondary bedrooms. Laundry Room, Expansive master suite opens to pool/canal w/huge walk-in closet. Spa like primary bath w/double vanity & oversized walk-in shower. Pool bath keeps wet feet out of the main living areas. Major Upgrades Already Done, Brand-new roof (2022), one less thing to worry about, New air conditioner (2023) for worry-free comfort, Whole-house water softener for silky-soft water, Reverse osmosis (RO) system for pure, great-tasting water. Whole-house air cleaner for a healthier home, Automated AC drain line cleaner, smart, low-maintenance peace of mind. Whole-house backup generator (available separately) keeps lights on no matter what. Your Own Backyard Paradise...Sparkling heated pool with a soothing cascading waterfall, overlooking canal provides relaxation. Child-safety pool fence for added peace of mind. Lush, professionally designed landscaping w/ auto sprinklers and lighting sets a magical evening mood. Elegant low-voltage landscape lighting highlights the outdoor beauty after dark. Seawall-protected freshwater canal frontage, the fishing (and fun) starts right in your backyard More Thoughtful Extras: Custom plantation shutters add classic charm and privacy. Full security system for added confidence. Smart garage door opener with battery backup gives modern convenience you can rely on. This gem offers the ultimate blend of luxury, comfort, waterfront lifestyle. Homes like this don't come along often — schedule your private showing today before it's gone!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2007
- Interior
- 1,919 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 29
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,790/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Amenities
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 20 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 831 SW 5th Terrace | Jan 2026 | $390,000 | 3/2 | 1,950 | $200 |
| 609 SW 11th Place | Oct 2025 | $565,000 | 4/3 | 2,028 | $279 |
| 516 SW 11th Place | May 2026 | $600,000 | 4/3 | 1,735 | $346 |
| 630 SW 11th Place | Jul 2026 | $424,000 | 4/2 | 1,828 | $232 |
| 1143 SW 7th Terrace | Feb 2026 | $405,000 | 3/2 | 2,026 | $200 |
| 805 SW 10th Place | Feb 2026 | $565,000 | 4/3 | 2,028 | $279 |
| Average | 6 comps | $491,500 | $256 |
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 $14,900 (3%) from the original list price.
| Jul 31, 2026 | Price reducedfrom $499,900 | $485,000 |
| Jul 2, 2026 | Listed | $499,900 |
The good, the trade-offs & the location
- Built 2007 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- 2-car garage
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.