4 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2026008079

$889,900

4 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

1939 Palaco Grande Parkway, Cape Coral, FL, 33904

4 beds3 baths2,478 sqft2 garage
GatedBoatingWaterfront

About this home

This Direct Sailboat access home is absolutely stunning. You will find updates and upgrades all throughout this home. When arriving to this home, you'll find a wide paver driveway and a NEW Metal Standing Seem upgraded roof. All windows and doors are Impact Resistant on this home. Inside you'll find 24 x 24 imported travertine floors in most of the home along with wood floors in the bedrooms. The Gourmet Chef's kitchen features granite countertops, a huge island, Viking appliances, under cabinet lighting, and much more. The master suite is amazing with a huge bedroom, a large bathroom, and two walk in closets. The 3 guest bedrooms are all large with lots of closet space. The lanai has an amazing outdoor kitchen, fireplace, beverage refrigerators, a large covered sitting area and a huge pool deck. The pool and spa were resurfaced in 2021 with a pebble Tec finish and along with electric and solar heat being added. The dock is enormous with a ton of space to hang out on in addition to a 10,000 lb. boat lift and a 7,500 lb. boat lift. In the Garage the floor is epoxied, and the door is an upgraded insulated hurricane rated door to go with the mini split in the garage for extra space or projects. There is also a large storage room in the garage. The home also features a continues 320-amp system that is more efficient than a traditional 400-amp system. The main power service to the home is underground so no overhead lines running to the home. There is also a 500-gallon propane tank buried on the property that is connected to the stove (electric available), the grill, and the fireplace. A 13kw generator will be left that can also connect to the gas system. This home has never flooded and is ready for you to move right in.

Property details

Type
SingleFamilyResidence
Year built
1975
Interior
2,478 sqft
Lot size
11,194.92 sqft
Acreage
0.26 acres
Garage
2 car
Days on market
11
Total association fees
None
CDD
None
Est. taxes (1.4%)
$12,459/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
Natural gas
Yes
Water
Public
Sewer
Public Sewer
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
$359/sqft
Comp median
$351/sqft
Difference
+2%

Based on the $/sqft of 9 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
2008 Palaco Grande ParkwayJul 2026$875,0003/22,586$338
3347 SE 19th AvenueApr 2026$944,0004/22,412$391
3510 SE 19th AvenueMay 2026$850,0003/22,327$365
3517 SE 18th AvenueOct 2025$825,0004/22,523$327
3323 SE 17th PlaceJan 2026$835,0003/32,379$351
3710 SE 21st AvenueMar 2026$995,0004/32,327$428
Average6 comps$887,333$367

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 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 $14,900 (1.7%) from the original list price.

Apr 9, 2026Sold$875,000
Feb 15, 2026Listed$889,900

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
3.2 mi
Cape Coral Hospital
Beach
9.5 mi
Fort Myers Beach
Airport
4.3 mi
Page Field (Fort Myers)
Shopping
3.9 mi
Edison Mall (Fort Myers)

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.