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Sale Pending at 148 SW 38th Terrace, Cape Coral, FL 33914 | MLS# 2026038013 | Listing updated on 2026-09-20
Photo 1 of Sale Pending at 148 SW 38th Terrace, Cape Coral, FL 33914 | MLS# 2026038013 | Listing updated on 2026-09-20
Photo 2 of Sale Pending at 148 SW 38th Terrace, Cape Coral, FL 33914 | MLS# 2026038013 | Listing updated on 2026-09-20
Photo 3 of Sale Pending at 148 SW 38th Terrace, Cape Coral, FL 33914 | MLS# 2026038013 | Listing updated on 2026-09-20
Photo 4 of Sale Pending at 148 SW 38th Terrace, Cape Coral, FL 33914 | MLS# 2026038013 | Listing updated on 2026-09-20
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$699,000

Monthly Est:$3,479

  • Beds Icon3 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,217sqft

148 SW 38th Terrace, Cape Coral, FL 33914

$3,479/moEst:

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  • Single Family Residence

  • Built in 2003

  • $-- HOA

  • 0.31 acre lot

  • $315/sq.ft

Description

Discover a truly unique waterfront property in desirable Southwest Cape Coral, situated at the end of a quiet dead-end street with 225 feet of seawall and waterfront on both sides of the oversized lot. With intersecting canal views, southern exposure, and Gulf access, this exceptional property offers an incredible waterfront lifestyle and boating opportunity.

The spacious residence features 3 bedrooms, 3 bathrooms, and over 2,200 square feet of living area, with an inviting open-concept floor plan designed for comfortable living and entertaining. The main living area showcases impressive vaulted 14 ft ceilings, tile flooring throughout, and a bright, open feel. The kit
chen offers a breakfast bar, stainless steel appliances, and an easy connection to the living spaces.

A versatile additional living area currently features a pool table but could easily be used as a formal dining room, game room, office, or flexible entertainment space. The spacious primary suite is a private retreat, offering direct access to the pool area, two walk-in closets, dual sinks, a separate water closet, a soaking tub, and a walk-in shower.

Two additional guest bedrooms and two additional bathrooms provide plenty of space for family and guests. A dedicated laundry room includes Samsung front-load washer and dryer.

Step outside and enjoy an impressive waterfront oasis featuring a heated pool and spa, an expansive pool deck, and a large covered lanai with plenty of room for outdoor dining and lounging. The oversized lot is the true centerpiece of the property, with waterfront along both sides, two boat lifts, and a catwalk on each side, providing exceptional access and flexibility for boating enthusiasts. The stunning intersecting canal views and southern exposure create a spectacular setting for enjoying Southwest Florida sunsets and outdoor living.

Offered turnkey, this property presents an outstanding opportunity as a primary residence, second home, or investment property. A rare combination of an oversized dual-waterfront lot, Gulf access, extensive seawall, boating amenities, heated pool and spa, and a prime Southwest Cape Coral location makes this property one you won't want to miss.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: September 20, 2026 at 4:50 pm
  • Listing Provided by: Nadja Brunner (239) 257-9917 DRE #258019294 | Century 21 Sunbelt Realty (239) 542-8611
  • Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2026038013 Florida Gulf Coast MLS, Fort Myers-FL

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Lee County

  • City

    Cape Coral

  • Neighborhood

    Pelican

  • Year Built

    2003

  • HOA Fees

    -

  • Finished Area

    2,217 sqft

  • Lot Size

    0.31 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Florida Gulf Coast MLS, Fort Myers

  • MLS Number

    2026038013

  • MLS Status

    Pending

  • Days on Market

    48

  • Cumulative Days on Market

    4

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 3

Interior

  • Flooring

    Tile

  • Appliances

    Dryer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Refrigerator With Ice Maker, Washer

  • Interior Features

    Breakfast Bar, Bathtub, Cathedral Ceilings, Separate Formal Dining Room, Dual Sinks, High Ceilings, Kitchen Island, Living Dining Room, Custom Mirrors, Pantry, Separate Shower, Cable Tv, Vaulted Ceilings, Walk In Closets, Window Treatments, Split Bedrooms

  • Sewer

    Assessment Paid, Public Sewer

  • Window Features

    Double Hung, Sliding, Window Coverings

  • Cooling

    Central Air, Ceiling Fans, Electric

  • Heating

    Central, Electric

  • Exterior Features

    Sprinkler Irrigation, Patio, Shutters Manual

Construction

  • Year Built

    Year Built: 2003

  • Home type

    Single Family Residence

  • Architectural Style

    Ranch, One Story

  • Construction Materials

    Block, Concrete, Stucco

  • Property Condition

    Resale

  • Roof

    Tile

Utilities & Energy

  • Water Source

    Assessment Paid, Public

  • Laundry Features

    Washer Hookup, Dryer Hookup, Inside

  • Parking Features

    Attached, Garage, Garage Door Opener

  • Pool Features

    Concrete, In Ground, Screen Enclosure

  • Association Amenities

    None

  • Utilities

    Cable Not Available

Other Features

  • Lot Features

    Corner Lot, Dead End, Irregular Lot, Oversized Lot, Sprinklers Automatic

  • Patio And Porch Features

    Lanai, Patio, Porch, Screened

  • Disclosures

    Owner Has Flood Insurance, Rv Restrictions

  • Community Features

    Non Gated

  • Subdivision Name

    Cape Coral

Price History

DateEventPrice

09/20/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026038013

Pending

$699,000

$315/sqft

09/16/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026038013

Listed for Sale

$699,000

$315/sqft

Pelican Ranks #4 in Cape Coral, FL

Homes for sale
866

Homes

Rental prices
$1,714

Rental Prices

Median Home Price
$510K

Median Home Price

Pelican, Cape Coral, FL neighborhood guide

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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 05:00AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.

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