$849,900
3 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
2706 SW 38th Terrace, Cape Coral, FL, 33914
About this home
THIS HOME HAS IT ALL -AND IS TURNKEY!!!! stunning canal front, Gulf access single family home offers 2028 square feet of living space and has been meticulously maintained. The large open floor plan features high vaulted ceilings that create an airy, spacious feel throughout. With three bedrooms and two bathrooms, the home is designed for comfort and style – perfect for family and/or guests. The great room is expansive and open to the formal dining area as well as the eat-in kitchen area featuring a cozy breakfast room with large windows overlooking the pool and canal. The kitchen also offers island seating, perfect for casual dining or entertaining. The large main bedroom exhibits a walk-in closet and a generously sized ensuite bathroom, providing dual sinks and a roomy walk in shower, serving as a private owners retreat. Sliding doors lead to the screened-in lanai, offering a seamless transition between indoor and outdoor living. The split floor plan provides privacy with the guest bedrooms located on the opposite side of the home. The guest bathroom also serves as a convenient pool bath. One of the standout features of this property is the oversized screened-in lanai, which is perfect for enjoying the outdoors year-round. The heated in-ground pool overlooks the serene Corsica Canal, creating a peaceful backdrop for relaxation and enjoyment. Additionally, the home features a private boat dock with direct Gulf access, making it a boater's dream. The dock is perfect for keeping your boat just steps away, ready for your next adventure on the water. The home features tile throughout the main living areas, with carpeted bedrooms for added comfort. This beautifully designed home provides the perfect balance of luxury, functionality, and canal-front living, with the added benefit of easy Gulf access for all your boating needs.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1998
- Interior
- 2,028 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 143
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $11,899/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- South
- 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
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 |
|---|---|---|---|---|---|
| 3912 SW 27th Court | Apr 2026 | $840,000 | 3/2 | 1,884 | $446 |
| 2408 SW 43rd Terrace | Nov 2025 | $760,000 | 3/2 | 2,120 | $358 |
| 4413 SW 26th Court | Dec 2025 | $842,500 | 4/3 | 2,219 | $380 |
| Average | 3 comps | $814,167 | $395 |
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 $170,000 (18.5%) from the original list price.
| Jul 28, 2025 | Sold | $750,000 |
| Mar 26, 2025 | Price reducedfrom $875,000 | $849,900 |
| Jan 30, 2025 | Listed | $920,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Shutters
- 2-car garage
- Built 1998 — pre-2002 construction may carry older wind codes and higher insurance
- 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.