3 Bed Waterfront Home for Sale in Stonewater
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For SaleMLS# 226023082

$489,400

3 Bed Waterfront Home for Sale in Stonewater

847 Stonewater Lake Terrace, Cape Coral, FL, 33993

3 beds2 baths1,816 sqft2 garage
GatedPickleballFitness CenterPlaygroundCommunity PoolWaterfront

About this home

.STONEWATER GATED COMMUNITY.......ON CRYSTAL CLEAR QUARRY LAKE ……W/LIT FOUNTAINS…. NON FLOOD ZONE………NO FLOOD INS. NEEDED…………LOW HOA $286 month………..Only 4 min walk to ALL AMENITIES……HUGE RESORT STYLE HEATED POOL. ……W/2 RESTROOMS…….. State of the ART. FITNESS CENTER….. LIT PICKEL & TENNIS COURTS……PLAYGROUND EQUIPMENT ……..PICNIC AREA ………NEW. FRESHLY PAINTED EXTERIOR …..ALL BRIGHT WHITE BEHR BEST. QUALITY . DYNASTY………..TOTAL 50 COLOR PICTURES OF PROPERTY TO ENJOY ……….A/C ON ENCLOSED LANAI TO ADD ADDITIONAL LIVING AREA UNLIKE OTHER MODELS… TOTAL OF 3 DEEP CRYSTAL CLEAR QUARRY LAKES. W/ LIT FOUNTAIN……… BUILT 2023…..3/2……..2002 Sq Ft Under air……….......... …..This home is very different than typical builders model……..too many UPGRADES TO LIST ……….ATTACHED. Screened in LANAI 1000 Sq ft……8 SEATER SPA OVERLOOKING THE LAKE .......OUTSIDE LED LIGHTS ON HUGE SCREENED IN LANAI . W/ HIGH DENCE Hedge on sides open view OVERLOOKING LAKE……. SPA FOR PRIVATE COMFORT…..MOON LIGHT WITH STARS AT NIGHT ON THE LAKE……NEWLY POWER SCRUBBED RESURFACED PAVERS SEALED …..…ENCLOSED LANAI A/C…..ACRYLIC SLIDING DOOR TAKE 100 mph WINDS…….SPACIOUS SPLIT BEDRM. FLOOR PLAN. …….MASTER SUITE HAS FULL VIEW LAKE……2 MASTER WALK IN CLOSETS……. MASTER BATH SHOWER w/ BENCH GLASS ENCLOSURE………PRIVATE WATER CLOSET………DOUBLE SINKS………W/ EXTRA LARGE VANITY……5 FANS……..8 CLOSETS IN HOME……ALL WINDOWS THERMAL……All window covering included…SMART HOME set up. Operate mechanicals from ANYWHERE, KITCHEN HAS HUGE AREA W LIVING /DINING ALL WITH WATER VIEWS ……. LARGE WALK IN PANTRY …..EXTRA LARGE ISLAND …….ROOM 4 BAR STOOLS ………ALL UPGRADED APPLIANCES……..NEW LIGHT FIXTURES ……Laundry room. ……..Security LIGHTS. ……..ROOM FOR POOL…... HIGH CEILINGS… INTERIOR PAINT TOP QUALITY BY BEHR DYNASTY …….INTERIOR ALL CEILINGS WALLS ….SEEING IS BELIEVING ……….. … Garage Door extra strength for high winds. Manual Hurricane shutters …..GLASS DESIGN ENTRYWAY ………LAST MOVE IN READY CLIFTON ON Large LAKE with short WALKING DISTANCE to ALL AMENITIES!!!

Property details

Type
SingleFamilyResidence
Year built
2023
Interior
1,816 sqft
Lot size
7,618.644 sqft
Acreage
0.17 acres
Garage
2 car
Days on market
73
Total association fees
$3,432/yr (~$286/mo)
CDD
Yes
Est. taxes (1.4%)
$6,852/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
Shutters
Exposure
Northeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
Yes
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

AssociationManagementLegalAccountingMaintenanceGroundsPestControlReserveFundRoadMaintenanceStreetLightsTrash

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

Amenities

FitnessCenterPlaygroundPickleballParkPoolSeeRemarksManagement

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
$269/sqft
Comp median
$277/sqft
Difference
-3%

Based on the $/sqft of 7 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
303 Spring Hill Lake LoopSep 2025$460,0003/21,816$253
630 NW 7th PlaceJun 2026$429,0004/22,003$214
507 NW 7th AvenueJan 2026$516,5004/21,800$287
320 NW 6th PlaceOct 2025$522,0003/21,831$285
820 NW 9th StreetMar 2026$445,0004/31,905$234
713 NW 8th TerraceMar 2026$535,0004/31,931$277
Average6 comps$484,583$258

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 $10,600 (2.1%) from the original list price.

Aug 11, 2026Price reducedfrom $500,000$489,400
Jun 18, 2026Listed$500,000

The good, the trade-offs & the location

Pros
  • Built 2023 — post-2002 Florida wind codes (typically lower insurance)
  • Lower flood risk (zone X)
  • Waterfront
  • Storm protection: Shutters
  • 2-car garage
Location convenienceHigh
Hospital
3.6 mi
Cape Coral Hospital
Beach
14.8 mi
Fort Myers Beach
Airport
9.6 mi
Page Field (Fort Myers)
Shopping
3.4 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.