$849,900
3 Bed Pool Home for Sale in Cape Coral, FL, $849,900
401 SW 38th Place, Cape Coral, FL, 33991
About this home
Discover an oasis of comfort and convenience in this newly listed Cape Coral home, ideal for those dreaming of a tranquil lifestyle with all the perks of city amenities just a stone's throw away. Flaunting three cozy bedrooms and two modern bathrooms, this residence is crafted to suit all your living needs. Designed for effortless living, this house features a stunning saltwater pool where you can enjoy the breezy Floridian afternoons. The kitchen, the heart of this home, is adorned with granite countertops that pair beautifully with brand-new Samsung appliances, reflecting a blend of luxury and practicality. The primary bedroom, along with the other bedrooms, comes outfitted with California-style cabinets in the closets, simplifying storage and adding a dash of sophistication to the space. Mornings are brighter in the chic primary bathroom, boasting sleek quartz countertops that guarantee a fresh start to your day. Adding to its appeal, a new roof was installed in 2021 and a fresh sprinkler system set up in 2022, ensuring that the property remains as hassle-free as possible. Concerns about flooding are allayed, as the house has impressively withstood the past three hurricanes without any flood damage—a testament to its solid construction. Just beyond the confines of this delightful home, the neighborhood offers a variety of attractions. Gulf access is seamlessly available, with no bridges to slow your journey to open waters. Nature enthusiasts will appreciate the nearby parks and kayak launch, perfect for weekend adventures. This property doesn't just promise a house but a way of living. Whether you're lounging by the pool, venturing out into the water, or simply enjoying the luxury of a well-appointed home, it offers an idyllic setting for making lasting memories. Ideal for families or investors, this property also holds excellent potential for rental income, thanks to its desirable location and supreme features. Take the step into a life of ease and distinction – because home is not just where the heart is; it's where the pool is clear, the appliances are shiny, and the adventures are just outside your door.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1987
- Interior
- 1,865 sqft
- Lot size
- 11,761.2 sqft
- Acreage
- 0.27 acres
- Garage
- 2 car
- Days on market
- 175
- 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
- East
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 12234 Boat Shell Drive | May 2026 | $835,000 | 3/2 | 1,960 | $426 |
| 3416 Ceitus Parkway | Aug 2025 | $640,000 | 4/3 | 1,910 | $335 |
| 3408 NW 6th Street | Apr 2026 | $839,000 | 3/2 | 2,044 | $410 |
| 326 SW 25th Avenue | Feb 2026 | $675,000 | 4/3 | 2,002 | $337 |
| Average | 4 comps | $747,250 | $377 |
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 $125,000 (14%) from the original list price.
| Dec 9, 2025 | Sold | $770,000 |
| Sep 4, 2025 | Price reducedfrom $895,000 | $849,900 |
| May 13, 2025 | Listed | $895,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Shutters
- 2-car garage
- Built 1987 — 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.