Back 2118 SW 38th Terrace
Off Market

2118 SW 38th Terrace

Cape Coral FL 33914

4
2
2
2221 sq. ft.
0.24 ac.
Single-Family
Last sold for $600,000
Allan LewisAllan Lewis, last sold this property on 05 March 2026 after 53 days on market.

Overview

Reduced $50K to sell today! Beautiful Waterfront Gulf Access Pool Home nestled in desirable Southwest Cape Coral. This one checks all the boxes! Southern Exposure, NOT in Flood Zone, and Assessments Paid! Inside showcases the water views, the floor plan is designed for both comfort and style with features including High Ceilings, 4 Bedrooms or 3 and a den if you prefer, Updated Bathrooms, and Continuous Ceramic Tile throughout the home. Triple Slider Pocket Doors lead to the spectacular Lanai and featuring everything New and Updated, incuding Freshly refinished Pool with Newly added Hot Tub with Waterfall, New Pool Cage, New Tile Throughout Pool area and Lanai, Brand New Custom Dock and Lift! Conveniently located close to shopping, dining, and top-rated schools, this home is the perfect blend of elegance and convenience. Don’t wait—schedule your private tour today and make this waterfront gem your own!

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2221 sq. ft. floor area
0.24 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Cape Coral over the last 12 months, the estimated median property value of 2118 SW 38th Terrace is $605k.

Median value
$605k
Estimated value range
$275k - $4.2m
Median days on market
74
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2118 SW 38th Terrace

2026
Sold
$600,000
05 Mar 2026 by Allan Lewis, of SWFL Choice Realty
2022
Sold
$689,000
18 Mar 2022 by Michael Nolan, of Florida Luxury Broker Realty
2013
Sold
$194,150
09 Jan 2013 by Remy Saluz, of Remy Saluz P.A.

Happy sellers in Cape Coral

74%
74% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Cape Coral over the last 12 months.

Local market activity for 4 bedroom single-family properties in Cape Coral

In the last 12 months, 315 four-bedroom single-family properties similar to 2118 SW 38th Terrace, have been sold.

This represents a 4% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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