$324,900
4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
2301 SW 38th Terrace, Cape Coral, FL, 33914
About this home
Discover this spacious four-bedroom home located in the highly desirable SW Cape Coral, offering the perfect balance of comfort and privacy. The thoughtfully designed floor plan features beautiful arched doorways, enhancing the home's open feel. Each of the four generously-sized bedrooms is designed with privacy in mind, ensuring a tranquil retreat for everyone in the household. The prime location is unmatched, with easy access to top-rated schools like Oasis Charter, downtown Cape Coral, and Cape Harbour, along with nearby restaurants. Backing up to the serene Joe Coviello park with its scenic walking trails, this home offers a peaceful, Zen-like atmosphere where you can enjoy daily walks through nature right from your own backyard. The home has been well-maintained, with exterior paint completed in 2023, a new AC system installed in August 2025, and a new roof added in 2023. The lush, mature landscaping includes your own mango, key lime, and banana trees, creating a tropical oasis. Plus, with automatic sprinklers and ample space for a future pool, the expansive yard is perfect for outdoor living. Don't miss out on this exceptional opportunity! Whether you're looking for a peaceful retreat, a home close to everything Cape Coral has to offer, or a property with room to grow, this is the one for you. Schedule a showing today and experience the beauty and tranquility of this stunning four-bedroom home. Your dream home is just a call away! Seller has assumable flood insurance at a low rate ** Virtually staged for marketing purposes***
Property details
- Type
- SingleFamilyResidence
- Year built
- 2015
- Interior
- 1,828 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 188
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,549/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- No
- 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
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 3916 SW 20th Place | Oct 2025 | $300,000 | 4/2 | 1,830 | $164 |
| 2718 SW 35th Lane | Apr 2026 | $349,000 | 3/2 | 1,865 | $187 |
| 1716 Beach Parkway | Aug 2025 | $349,990 | 4/2 | 1,650 | $212 |
| Average | 3 comps | $332,997 | $188 |
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 $94,000 (24.8%) from the original list price.
| Apr 2, 2026 | Sold | $285,000 |
| Jan 28, 2026 | Price reducedfrom $339,900 | $324,900 |
| Sep 5, 2025 | Listed | $379,000 |
The good, the trade-offs & the location
- Built 2015 — post-2002 Florida wind codes (typically lower insurance)
- 2-car garage
- 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.