3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026029541

$325,000

3 Bed Waterfront Home for Sale in Cape Coral

11830 Scallop Drive 850, Cape Coral, FL, 33991

3 beds2 baths1,593 sqft
GatedWaterfront

About this home

Welcome to your own private retreat, perfectly situated just minutes from Burnt Store Road, Matlacha Isles, and Pine Island, offering the ideal balance of tranquility and convenience. Nestled on a spacious AG-zoned property, this unique estate provides the flexibility to enjoy country living while accommodating a variety of agricultural or business-related uses. The charming home is surrounded by lush, mature landscaping and abundant green space, creating a peaceful setting where you can relax, entertain, and enjoy Florida’s natural beauty. Whether you’re sipping your morning coffee on the front porch or watching the sunset under the shade of towering trees, every day feels like a getaway. This property is designed for those who need space and functionality. It features a large detached warehouse/workshop, perfect for running a business, storing equipment, or pursuing hobbies, along with an attached carport for additional covered parking. RV owners will appreciate the dedicated RV parking area complete with plumbing hookups, making it easy to accommodate your motorhome or welcome visiting guests Enjoy the convenience of being just a short drive from Matlacha’s waterfront restaurants, art galleries, world-class fishing, boating, and island lifestyle, while still having quick access to shopping, dining, schools, and major roadways via Burnt Store Road.With plenty of room for boats, trailers, recreational vehicles, animals, gardens, or future expansion, the possibilities are truly endless. Enjoy the convenience of being just a short drive from Matlacha’s waterfront restaurants, art galleries, world-class fishing, boating, and island lifestyle, while still having quick access to shopping, dining, schools, and major roadways via Burnt Store Road. If you’ve been searching for a property that combines privacy, flexibility, income or business potential, and the beauty of nature, this one-of-a-kind estate is ready to welcome you home.

Property details

Type
ManufacturedHome
Year built
2006
Interior
1,593 sqft
Lot size
27,965.52 sqft
Acreage
0.64 acres
Garage
None
Days on market
32
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,550/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
East
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
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.

At marketThis home is priced in line with comparable recent sales.
This home
$204/sqft
Comp median
$200/sqft
Difference
+2%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3601 SW 3rd TerraceFeb 2026$340,0003/21,417$240
3708 SW 2nd LaneDec 2025$325,0003/21,718$189
329 SW 30th AvenueMay 2026$359,0003/21,791$200
Average3 comps$341,333$210

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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 $25,000 (7.1%) from the original list price.

Aug 4, 2026Price reducedfrom $350,000$325,000
Jul 9, 2026Listed$350,000

The good, the trade-offs & the location

Pros
  • Built 2006 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
6.2 mi
Cape Coral Hospital
Beach
13.9 mi
Sanibel Island
Airport
11.8 mi
Page Field (Fort Myers)
Shopping
6.6 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.