$230,000
4 Bed SingleFamilyResidence for Sale in Cape Coral
1817 NE Van Loon Terrace, Cape Coral, FL, 33909
About this home
Opportunity is knocking! This spacious 4-bedroom, 3-bath home offers an excellent chance for investors, flippers, or buyers looking to build instant equity with renovations. The home has a new roof that was installed in 2023. All water and sewer utilities are in place and all assessments have been paid off. This home is not in a flood zone. Featuring a functional floor plan and generous living space, this property is ready for its next chapter. Two of the bathrooms have already been gutted to the studs in the shower areas, providing a blank slate for your custom finishes. The home also needs minor cosmetic updates and repairs throughout, making it an ideal project for those looking to add value. Home is offered AS/IS and is not eligible for FHA or VA financing.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1992
- Interior
- 1,727 sqft
- Lot size
- 11,282.04 sqft
- Acreage
- 0.26 acres
- Garage
- 1 car
- Days on market
- 3
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,220/yr
- Flood zone (area est.)
- No · Low risk (X)
- 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 10 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 |
|---|---|---|---|---|---|
| 412 NE 17th Place | Jan 2026 | $195,000 | 3/2 | 1,548 | $126 |
| 1627 SE 7th Street | Jan 2026 | $280,000 | 3/2 | 1,709 | $164 |
| 1614 NE 12th Street | May 2026 | $279,000 | 4/2 | 1,722 | $162 |
| 1106 NE 13th Place | Feb 2026 | $260,000 | 4/2 | 1,809 | $144 |
| 13380 Wild Cotton Court | Sep 2025 | $265,000 | 3/2 | 1,565 | $169 |
| 4301 Orange Grove Boulevard | Jan 2026 | $260,000 | 3/2 | 1,641 | $158 |
| Average | 6 comps | $256,500 | $154 |
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
Up $7,500 (3.3%) from the original list price.
| Aug 17, 2026 | Sold | $237,500 |
| Jul 24, 2026 | Listed | $230,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Built 1992 — pre-2002 construction may carry older wind codes and higher insurance
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.