3 Bed Waterfront Home for Sale in Coral Lakes
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For SaleMLS# 2026037672

$199,900

3 Bed Waterfront Home for Sale in Coral Lakes

1338 Weeping Willow Court, Cape Coral, FL, 33909

3 beds2.5 baths1,458 sqft1 garage
GatedClubhouseCommunity PoolWaterfront

About this home

WATERFRONT END UNIT | NEW ROOF UNDERWAY | RESIDENCE, SEASONAL RETREAT OR INVESTMENT OPPORTUNITY Why settle for a newly built condo with limited views, interior-unit exposure, construction around you, and amenities still developing when you can enjoy an established resort-style community and an exceptional waterfront setting today? This highly desirable end-unit townhouse in Coral Lakes offers something new construction simply cannot manufacture: an extraordinary 270-degree waterfront setting with golden sunset views and water visible from virtually every room. The end-unit design is a major advantage. With only one adjoining wall and additional living-room and bedroom windows not found in comparable interior units, the home enjoys abundant natural light, enhanced privacy, beautiful views and a quieter residential experience. Step inside and you'll immediately understand why location within a community matters just as much as the community itself. Recent improvements add even more value, including new luxury vinyl plank flooring in two bedrooms, and a new roof is currently being installed, with updated photographs to follow upon completion. For buyers comparing this home with new construction, those improvements provide the appeal of an updated property without sacrificing the mature landscaping, established neighborhood, existing amenities and irreplaceable waterfront position that make this residence distinctive. Coral Lakes delivers the Florida lifestyle buyers and seasonal residents are looking for, with two resort-style swimming pools, spa, clubhouse, fitness center, billiards, library, full kitchen and private-event space, plus tennis, pickleball, beach volleyball and basketball courts, children's playground, walking paths and beautifully maintained grounds. For a primary homeowner, this is an opportunity to enjoy waterfront living and resort-style amenities without the maintenance demands of a traditional single-family home. For a seasonal or second-home buyer, it offers the lock-and-leave convenience Southwest Florida buyers value. And for an investor, the combination of waterfront views, end-unit privacy, multiple amenities and an established community creates features that can help distinguish the property when competing for future tenants or resale buyers, subject to applicable association leasing requirements. New construction can give you new walls. It cannot recreate this home's waterfront position, 270-degree sunset views, end-unit windows, established surroundings and only-one-shared-wall privacy. Convenient to shopping, dining, schools and major roadways, this property combines lifestyle, location and long-term appeal in one compelling package. Whether you're searching for a full-time Florida residence, seasonal escape or investment property, this is one you'll want to experience in person.

Property details

Type
Townhouse
Year built
2007
Interior
1,458 sqft
Lot size
4,617.36 sqft
Acreage
0.11 acres
Garage
1 car
Days on market
0
Total association fees
$5,040/yr (~$420/mo)
CDD
None
Est. taxes (1.4%)
$2,799/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Call, Conditional
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

CableTvMaintenanceGroundsRecreationFacilitiesRoadMaintenanceTrash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BilliardRoomBilliardsClubhouseLibraryPoolManagement

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$137/sqft
Comp median
$156/sqft
Difference
-12%

Based on the $/sqft of 5 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
3208 NE 14th CourtSep 2026$245,0003/21,574$156
2667 Sunset Lake DriveFeb 2026$235,0002/21,553$151
1776 Concordia Lake Circle 2907May 2026$222,0002/21,356$164
1763 Concordia Lake Circle 3303Jul 2026$225,0003/21,468$153
1505 NE 35th StreetOct 2025$239,0003/21,272$188
Average5 comps$233,200$162

Market trends, Coral Lakes

Median list
$335,000
Median $/sqft
$201
Median sold (90d)
$313,400
Avg days on market
74
Active listings
107
Median sold price · Coral Lakes
$312,000last 3 months5.3% vs $329,350 prior 3 months
Median closed price by month · Coral Lakes
3.6% MoM11.4% YoY
$250k$340k$430kJul ’25Aug ’26
$305,500Aug ’26 · 22 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 community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Built 2007 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
Location convenienceHigh
Hospital
5.2 mi
Cape Coral Hospital
Beach
17.7 mi
Fort Myers Beach
Airport
9.9 mi
Page Field (Fort Myers)
Shopping
4.1 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.