Residential for Sale in Cape Coral
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For SaleMLS# 2026033688

$42,000

Residential for Sale in Cape Coral

4012 NW 38th Lane, Cape Coral, FL, 33993

- beds baths sqft
Gated

About this home

IF YOU ARE A NATURE LOVER, THE NW CAPE IS WHERE YOU’LL WANT TO BE!! Here is an opportunity to build your dream home and take in the outdoors!!! You’ll be within walking distance to Crystal Lake, with beautiful sunrises and sunsets, soak in the sun on the sandy beach, a walking path that encompasses the lake, there is also playground and fitness equipment. Direct Gulf Access Boat Ramp along with a kayak launch where you’ll find some great fishing. This neighborhood is located next to Charlotte Harbor Preserve State Park where there are several points of entry including the North Cape Flats Trail. You’ll find an abundance of wildlife, including birds, turtles, owls, and rabbits! This lot has a Southern Exposure and quick access to Old Burnt Store Road. This area is building up quickly! Bring your builder and start building your dream!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$588/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Not specified
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.

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Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$234
Median sold (90d)
$389,000
Avg days on market
94
Active listings
2,503
Median sold price · Cape Coral
$387,500last 3 months7.6% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
13.2% MoM25.4% YoY
$340k$393k$445kJul ’25Aug ’26
$445,000Aug ’26 · 81 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.

The good, the trade-offs & the location

Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceModerate
Hospital
9.5 mi
Cape Coral Hospital
Beach
20.1 mi
Sanibel Island
Airport
13.8 mi
Punta Gorda Airport
Shopping
9 mi
Coralwood / Merchants Crossing (Cape)

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.