Date
Details
Price
Change
Source
9/16/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$699,000 Sale Pending
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Property 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 kitchen 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.
Full Property Details
Full Property Details for 148 SW 38th Terrace
General
- Price: $699,000
- Taxes: (2025)
- Status: Pending
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026038013
- Updated: 9/20/2026
- Added to Site: 23 day(s) ago
Interior
- Interior Features: Split Bedrooms, Great Room, Wired for Data, Cathedral Ceiling(s), Custom Mirrors, Pantry, Vaulted Ceiling(s), Volume Ceiling, Walk-In Closet(s)
- Appliances: Disposal, Dryer, Microwave, Range, Refrigerator with Icemaker, Washer
- Furnishings: Turnkey
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Dual Sinks, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Kitchen: Kitchen Island
- Dining Room: Breakfast Bar, Dining - Living, Formal
- Laundry: Washer/Dryer Hookup, Inside
Additional Information
- Shared Amenities: None, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Screen Enclosure
- Spa: Yes
- Spa Description: In Ground, Concrete, Heated (Electric), Screened
Exterior
- Exterior Features: Dock, Boat Lift, Captain's Walk, Dock Included, Elec Avail at dock, Water Avail at Dock, Automatic Sprinkler
- Porch/Patio/Deck: Screened Lanai/Porch, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener, Attached
Location
- Area: CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: North
Community
- Assoc. Fees Include: Street Maintenance, Trash
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Utility Description: Cable Not Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Tile
- Windows: Double Hung, Sliding, Shutters - Manual, Window Coverings
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 2,217
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 2,217 Sq. Ft.
- Year Built: 2003
Lot Features
- Property View: Canal, Intersecting Canal
- Lot Size (Acres): 0.307
- Lot Size (Sq. Ft.): 13,372
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 125 x 107 x 125 x 133
- Frontage Feet: 125
- Irrigation System: Assessment Paid, Central
- Lot Features: Corner Lot, Dead End, Irregular Lot, Oversize
- Zoning: R1
- Lot Description: Corner Lot, Dead End, Irregular Lot, Oversize
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Bridge(s)/Water Indirect, Canal Front, Intersecting Canal, Seawall
- Canal Width: Canal Width 200+
Financial Considerations
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 45 BLK 1815 PB 21 PG 125 LOTS 24 + 25
- Property ID: 02-45-23-C3-01815.0240
- Section: 2
- Block: 1815
- Lot Number: 24
Listed by Century 21 Sunbelt Realty
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Listing agent
— 148 SW 38th Terrace —
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Schools
Schools serving 148 SW 38th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 0.4 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 2 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.4 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 2.2 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.7 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 2.5 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6.1 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 148 SW 38th Terrace
Tax History
Tax History for 148 SW 38th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,492
—
$583,501
-3%
2025
$10,492
-8%
$603,131
-9%
2024
$11,357
-17%
$666,254
-17%
2023
$13,641
52%
$804,183
68%
2021
$8,970
-14%
$478,288
-34%
2022
$10,485
17%
$726,183
70%
2021
$8,970
13%
$427,985
5%
2019
$7,965
-3%
$406,178
-1%
2018
$8,214
7%
$410,216
9%
2017
$7,700
2%
$374,663
3%
2016
$7,517
6%
$362,222
9%
2015
$7,118
-11%
$333,502
-12%
2014
$8,014
11%
$378,090
12%
2013
$7,203
—
$337,501
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 148 SW 38th Terrace
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 2,039Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 2,268Sq. Ft.
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- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
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- Townhouse
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- Active
- Updated 8 hours ago
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- 2Total Baths
- 1,929Sq. Ft.
Listed by Kyle Johnson (732) 682-1320
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,008Sq. Ft.
Co-Listed by Nick Westbrook (352) 410-9001
- Single Family
- Active
- Updated 1 hour ago
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Listed by Jon and Lisa Schroeder Team (239) 297-4128
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- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,938Sq. Ft.
Listed by Mary Barbieri (239) 464-9180
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148 SW 38th Ter, Cape Coral, FL 33914 (MLS# 2026038013) is a Single Family property with 3 bedrooms and 3 full bathrooms. 148 SW 38th Ter is currently listed for $699,000 and was received on September 16, 2026. Want to learn more about 148 SW 38th Ter? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.