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$1,249,000
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Property Description
Welcome to this brand-new, modern Gulf Access Home, perfectly positioned on an intersecting canal with sought after southern rear exposure, delivering sun-filled days and breathtaking water views all year around. This thoughtful designed residence offers 3 spacious bedrooms, 3 full bathrooms and a large den, providing flexibility for family living, guests or a home office. The open-concept layout centers a great kitchen with a generous center island, seamlessly flowing into the dining area where large picture windows frame the canal intersecting and flood the space with natural light. Expansive 10 ft zero corner sliders blur the line between indoor and outdoor living, opening to a lanai and oversized pool deck designed for true Florida enjoyment. Outside you'll find a large pool, spa and sun shelf, creating the perfect setting for relaxing, entertaining or soaking up the sun all year long. Weather you are looking for a primary residence, a seasonal retreat or a high performing vacation rental, this waterfront home checks all the boxes - modern design, prime exposure and an unbeatable view.
Full Property Details
Full Property Details for 2304 SW 38th Terrace
General
- Price: $1,249,000
- Taxes: $4,326 (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2025020497
- Updated: 3/27/2026
- Added to Site: 134 day(s) ago
Interior
- Interior Features: Split Bedrooms, Great Room, Den - Study, Coffered Ceiling(s)
- Appliances: Dishwasher, Microwave, Range, Refrigerator/Freezer
- Furnishings: Unfurnished
- 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: Dining - Living
- Laundry: Washer/Dryer Hookup, Inside, Sink
Additional Information
- Shared Amenities: None, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Electric Heat, Screen Enclosure
- Spa: Yes
- Spa Description: In Ground, Concrete, Heated (Electric), Screened
Exterior
- Exterior Features: Outdoor Shower, Automatic Sprinkler
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Garage Door Opener, Attached
Location
- Area: CC22 - Cape Coral Unit 69, 70, 72-
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: North on Oasis Blvd ... turn right (west) on SW 38th Ter ... property on right side.
- Direction Faces: North
Community
- Assoc. Fees Include: None
- 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
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Tile
- Windows: Impact Resistant, Impact Resistant Windows, Shutters Electric
- Doors: Impact Resistant Doors, Zero/Corner Door Sliders
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 2,476
- Sq. Ft. Source: Architectural Plans
- Living Area: 2,476 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Canal, Intersecting Canal
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 80
- Street/Road Desc.: Paved
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front, Intersecting Canal, Seawall
- Canal Width: Canal Width 81-120
Financial Considerations
- Tax Amount: $4,326
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 74 BLK 4947 PB 22 PG 122 LOT 15 + 16
- Property ID: 04-45-23-C4-04947.0150
- Section: 4
- Block: 4947
- Lot Number: 15
Listed by Premier Cape Realty Inc.
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Schools
Schools serving 2304 SW 38th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 0.8 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 2.6 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 2.6 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 0.7 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 2.8 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.5 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 0.5 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 5.9 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 2304 SW 38th Terrace
Date
Details
Price
Change
Source
2/07/2026
Price Reduced
$1,249,000
-3.85%
MLS
1/12/2026
Price Reduced
$1,299,000
-2.7%
MLS
12/16/2025
Price Reduced
$1,335,000
-2.91%
MLS
11/17/2025
Listed
$1,375,000
323.08%
MLS
5/01/2024
Sold
$325,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2304 SW 38th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,415
10%
$222,063
37%
2024
$3,095
-20%
$162,270
-46%
2023
$3,880
75%
$299,864
148%
2021
$2,219
-25%
$121,000
-22%
2022
$2,977
34%
$154,660
30%
2021
$2,219
-7%
$118,800
92%
2018
$2,393
8%
$62,005
-30%
2017
$2,221
1%
$88,000
—
2016
$2,199
-11%
$88,000
29%
2019
$2,467
13%
$68,206
-14%
2015
$2,184
10%
$79,090
14%
2014
$1,981
26%
$69,630
81%
2013
$1,570
—
$38,500
—
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 2304 SW 38th Terrace
2304 SW 38th Ter, Cape Coral, FL 33914 (MLS# 2025020497) is a Single Family property with 3 bedrooms and 3 full bathrooms. 2304 SW 38th Ter is currently listed for $1,249,000 and was received on November 17, 2025. Want to learn more about 2304 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.

