$489,900
4 Bed Pool Home for Sale in Cape Coral
1807 SW 48th Lane, Cape Coral, FL, 33914
About this home
Welcome to your beautifully updated and fully furnished 4-bedroom, 2-bath retreat with 2,035 sq ft under air (3,399 total), offering modern comfort, style, and immediate income potential. Currently leased for $4,500 per month from November through June, you can choose to continue the rentals or begin enjoying it yourself right away. The seller’s transferrable flood insurance policy at $1,353 per year adds peace of mind and long-term value. This turnkey home comes completely furnished, ready for effortless living or hosting. Inside, soaring vaulted ceilings and beautiful natural light highlight a modern open floor plan that seamlessly connects the living, dining, and kitchen areas for easy entertaining. The chef’s kitchen showcases granite countertops and backsplash, stainless steel appliances, a five-burner stove, double sink, and an oversized refrigerator with ice and water dispenser. The luxury primary suite offers a king bed, 65-inch TV, dual vanities, private toilet room, walk-in shower, soaking tub, linen closet, and spacious walk-in closet. Every guest bedroom includes a queen or king bed and flat-screen TV, creating comfort and privacy for all. Recent updates include a 2023 AC, new pool heater, water heater, washer/dryer, light fixtures, epoxy garage floor, upgraded deck lighting, and a resurfaced pool deck with new lanai screening. You’ll also find a 2023 electrical panel with whole-home surge protection, portable generator hookup, new automatic garage door opener, electric shutters on the front and lanai, automatic sprinklers, and flat-screen TVs throughout, including the lanai. Outside, your fenced backyard is surrounded by tall palms and two mature mango trees, creating a private tropical escape around the heated pool and screened lanai. Ideally located in one of Cape Coral’s most desirable no-HOA neighborhoods, you’re minutes from shopping, dining, and Southwest Florida’s best beaches. Whether you’re seeking a primary home, vacation getaway, or income-producing investment, this property is the total package. Schedule your private showing today and discover turnkey living at its finest.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1997
- Interior
- 2,035 sqft
- Lot size
- 10,628.64 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 56
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,859/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
- Yes
- Spa
- No
- Natural gas
- No
- 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.
Based on the $/sqft of 5 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 |
|---|---|---|---|---|---|
| 4628 SW 18th Avenue | Oct 2025 | $560,000 | 3/2 | 1,963 | $285 |
| 5119 SW 20th Avenue | Apr 2026 | $468,000 | 3/2 | 2,052 | $228 |
| 2109 SW 47th Terrace | Jul 2026 | $515,000 | 3/3 | 2,164 | $238 |
| 5131 SW 20th Avenue | Dec 2025 | $460,000 | 3/2 | 1,942 | $237 |
| 1711 SW 45th Street | Feb 2026 | $470,000 | 3/2 | 1,959 | $240 |
| Average | 5 comps | $494,600 | $246 |
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 $35,000 (6.9%) from the original list price.
| Aug 27, 2026 | Sold | $475,000 |
| Jul 14, 2026 | Price reducedfrom $510,000 | $489,900 |
| Jul 14, 2026 | Back on market | |
| May 26, 2026 | Listed | $510,000 |
The good, the trade-offs & the location
- Private pool
- 2-car garage
- Built 1997 — pre-2002 construction may carry older wind codes and higher insurance
- 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.