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718 NW 38TH PLACE

Lots/Land Active With Contract
$250,000

BTC: 3.31939189

ETH: 100.00000000

-$23K (2025/01/22)
966 days
Waterfront
0 room(s)

Overview

Imagine the possibilities with this magnificent gulf access lot, perfectly positioned on Watermelon Canal in the highly desirable part of NW Cape Coral. As you envision your future here, you'll be captivated by the tranquil views and the peaceful atmosphere. It's more than just living; it's about experiencing a lifestyle that balances comfort and relaxation with the excitement of coastal living. Strategically located just east of Old Burnt Store Rd, this lot places you minutes away from the open Gulf waters with only 1 bridge with 9’ clearance. The potential for waterfront bliss is endless, from boating escapades to tranquil evenings by the water with amazing sunsets. With brand new homes being built this area is highly sought after. Also the upcoming 7 Islands development elavates this opportunity, promising a host of new amenities including fine dining, shopping, and recreational activities. This addition will not only enhance your lifestyle but also add value to your investment. Don't let this opportunity sail away. Secure your piece of paradise in NW Cape Coral, where your dream waterfront lifestyle awaits. Build your dream home here. If you need a builder I can help there too.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.23 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$78,950
$53K – $239K
Confidence Low
List vs. estimate
$171K above estimate
List $250,000 · +216.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
232 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,907
2022
View
Park/Greenbelt, Trees/Woods
Waterfront
Canal - Saltwater
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 074423C104145.0290

    • Zoning: R1-W

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Electricity Available

    • Phone Available

  • Other financial information

    • Annual tax amount: $1,907

  • Source details

    • MLS ID: A4595795

    Other facts

    • Lot Features: Buildable

    • Direction Faces: East

    • Waterfront: Yes

    • Water Body Name: WATERMELON CANAL

    • Water Source: None

    • Lot Size Dimensions: 80 x 120

    • Subdivision Name: CAPE CORAL

Private inquiry
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Market around this address

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BARCLAYS REAL ESTATE GROUP 1