$598,000
3 Bed Waterfront Home for Sale in Stonewater
950 Stonewater Lake Terrace, Cape Coral, FL, 33993
About this home
“Premium” location within the gated community of Stonewater—arguably the best homesite in the community. This property sits directly beside the EAGLE PRESERVE SANCTUARY and offers unmatched privacy. Here, privacy isn’t a perk—it’s absolute. No homes can ever be built in front of you, beside you, or behind you. What you see today is what you’ll see forever. Enjoy clear quarry lake views, four illuminated fountains, and breathtaking sunsets and sunrise views. The home itself has been lightly lived in—just four months a year, preserving its freshness and elegance. Inside, modern convenience meets effortless luxury. Smart Home features allow storm shutters to be controlled from anywhere in the world—your phone, Alexa, you name it. With a single voice command, the home awakens as lights glow throughout the interior. Built in 2022, this beautifully decorated home offers 3 bedrooms + den, 2.5 baths, and 2,221 sq. ft. of bright, open living space with high ceilings. The extra deep, air conditioned garage includes an epoxy floor, and main living areas feature wood style plank tile flooring, Triple osmosis water filtration at the kitchen sink, with purified water supplied to the refrigerator and ice maker. The spacious, private primary suite includes a soaking tub, separate shower, walk in closet, and dual sinks. A split bedroom layout provides privacy for guests, complemented by a full bath and a convenient half bath off the hallway. The open living concept showcases wide water views, an island breakfast bar, upgraded appliances, and a walk in pantry. Monthly HOA fees are low at just $286 Community amenities include: • Large, heated resort style pool • Fitness center with state of the art equipment • Lighted tennis and pickleball courts • Playground and picnic area • Exterior pest control and lawn care included This is not a basic builder home—it’s upgraded, private, and truly move in ready. Quick close available.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2023
- Interior
- 2,222 sqft
- Lot size
- 6,830.208 sqft
- Acreage
- 0.16 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- $3,432/yr (~$286/mo)
- CDD
- Yes
- Est. taxes (1.4%)
- $8,372/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- Southwest
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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 |
|---|---|---|---|---|---|
| 921 NW 8th Terrace | Mar 2026 | $550,000 | 4/3 | 2,100 | $262 |
| 1012 NW 9th Street | Oct 2025 | $509,990 | 4/3 | 2,127 | $240 |
| 1041 Embers Parkway | Nov 2025 | $675,000 | 4/3 | 2,249 | $300 |
| 1003 Embers Parkway | Jul 2026 | $635,000 | 4/3 | 2,200 | $289 |
| Average | 4 comps | $592,498 | $273 |
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.
The good, the trade-offs & the location
- Built 2023 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Waterfront
- 2-car garage
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.