$869,000
4 Bed Pool Home for Sale in Cape Coral
1806 NW 38th Place, Cape Coral, FL, 33993
About this home
JUST REDUCED!! TURNKEY and appraised higher than the current list price! Welcome to the SOHO model at 1806 NW 38th Place in Cape Coral. This newly built 4 bedroom, 3 bathroom home offers over 2,000 square feet of upgraded living space with all the extras already done for you. Enjoy a heated pool and spa with Pentair automation, all enclosed within a Mansguard picture cage for unobstructed views. Boating enthusiasts will love the composite dock and 14,000-pound boat lift with quick Gulf access to the Gulf of America. Inside, the open-concept design features Frigidaire stainless steel appliances, sleek quartz countertops, and a stunning Cambria quartz island with double waterfall edges, a pop-up receptacle tower, wireless charging, and USB ports. Lighted tray ceilings add an elegant touch throughout the home, while the spacious primary suite offers a spa-like retreat. The outdoor kitchen with a mini fridge is perfect for entertaining, and the tropical landscaping with Christmas palms creates a private oasis. Indoor and outdoor speaker systems, along with advanced security cameras, complete the package. Just bring your suitcase. This home is truly move-in ready and offers luxury waterfront living with immediate value built in.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 2,042 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 40
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $12,166/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- 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 7 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 |
|---|---|---|---|---|---|
| 1612 NW 38th Place | Feb 2026 | $887,500 | 3/2 | 2,004 | $443 |
| 3815 NW 22nd Terrace | Aug 2026 | $800,000 | 3/3 | 2,014 | $397 |
| 1412 Old Burnt Store Road | Mar 2026 | $955,000 | 4/2 | 2,043 | $467 |
| 4301 NW 20th Terrace | Apr 2026 | $870,000 | 4/3 | 2,207 | $394 |
| 1238 NW 36TH Avenue | Apr 2026 | $770,000 | 3/3 | 2,100 | $367 |
| 1720 Burnt Store Road | Jan 2026 | $789,900 | 5/3 | 2,167 | $365 |
| Average | 6 comps | $845,400 | $406 |
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 $145,000 (14.9%) from the original list price.
| Aug 31, 2026 | Sold | $830,000 |
| Jul 27, 2026 | Price reducedfrom $875,000 | $869,000 |
| Jul 27, 2026 | Back on market | |
| Jun 15, 2026 | Listed | $975,000 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 3-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.