• $699,000List Price
  • ActiveStatus
  • 50Number of Photos
  • 26.580435Latitude
  • 148 SW 38th TerraceAddress
  • SW 38th TerraceStreet
  • Cape CoralTown
  • FLState
  • 33914Zip
  • LeeCounty
  • 2026038013MLS Number
  • 3Bedrooms
  • 3Full Bath
  • 2,217Square Feet
  • 2003Year Built
  • 0.31Acreage

Listing Tools

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.

Location

Based on information submitted to Gulf Coast as of September 16, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or Gulf Coast.  All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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