4338 NW 31ST TERRACE, CAPE CORAL, FL, 33993
Active4 days on marketListed Nov 3, 2026MLS #C7532861
About this home
4338 NW 31ST TERRACE
Virtually Staged. Resort-Style Living in NW Cape Coral’s Hottest Growth Corridor! Step into paradise with this beautifully crafted Lago Model pool home, nestled in the highly desirable Northwest Cape Coral—where breathtaking sunsets paint the sky and future development like the 7 Islands Project and Crystal Lake promise even more lifestyle perks. Position yourself in a QUIET neighborhood, filled with million dollar waterfront homes and luxury new Contruction and NO HOA! Southern Exposure for sun in your pool! This move-in ready gem boasts quality construction and upscale finishes throughout demanding attention in the details, including soaring ceilings, elegant 8-foot doors, 6-inch baseboards, and PGT impact-rated windows and doors for peace of mind. The open-concept layout flows effortlessly across textured walls and tile flooring, anchored by a chef’s kitchen with granite countertops, wood cabinetry, and stainless steel appliances. The spacious primary suite offers dual walk-in closets, double vanities, and a spa-like shower—your personal retreat after a day on the water. Outside, unwind in your screened saltwater pool oasis, surrounded by lush landscaping and a full irrigation system. Whether you're hosting friends or enjoying a quiet sunset swim, this home delivers the resort lifestyle you’ve been dreaming of. Additional highlights include: Epoxied garage floor, Washer & dryer included, 2-car garage, and Impact windows & doors. Cape Coral is one of Florida’s fastest-growing cities, known as the City of Canals—with endless boating, fishing, and beach-hopping adventures just minutes away. Fall in love. Make this house your home. Schedule your private showing today and experience the tropical lifestyle of Southwest Florida. Some photos have been Virtually/AI staged.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,464
Sqft
0.23 ac
Lot size
2
Garage
2023
Year built
One
Levels
$318
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,144 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,144/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+29.1%
$/sqft vs CAPE CORAL
$318 vs $225
Days on market
4 vs 45 typical
Where $318/sqft sits among the 161 homes for sale in CAPE CORAL
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33993 — neighborhood snapshot
Population
35,580
Median age
42.8
Median income
$90,577
Median home value
$364,800
Avg household
2.95
Households w/ children
3,835
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$358K → $415K
Cape Coral median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
71 of 161
CAPE CORAL have cut their price
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 272% above the CAPE CORAL 33993 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 4338 NW 31ST TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$255,000
1428 SE 20TH AVENUE · same community
3 bd · 2 ba · 1,435 sqft · $178/sqft · 164 DOM
Sold · Dec ’25$287,000
332 NE 21ST STREET · same community
3 bd · 2 ba · 1,418 sqft · $202/sqft · 9 DOM
Sold · Apr ’26$415,000
1720 NW 15TH PLACE · same community
3 bd · 2.5 ba · 1,410 sqft · $294/sqft · 97 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 4338 NW 31ST TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4338 NW 31ST TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4338 NW 31ST TERRACE FAQs
What would the monthly payment be for 4338 NW 31ST TERRACE?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $4,144/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 4338 NW 31ST TERRACE?+
The most recent tax bill on record (2025) was $7,029. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cape Coral?+
At $465,000, this home is listed about 11% above the Cape Coral median of $419,900. The market section on this page shows how the area is trending.
Which schools are assigned to 4338 NW 31ST TERRACE?+
Mariner High School (high), Mariner Middle School (middle), Hector A. Cafferata Junior Elementary School (elementary), Trafalgar Elementary School (elementary), Challenger Middle School (middle), Patriot Elementary School (elementary), Skyline Elementary School (elementary), Island Coast High School (high), Ida S. Baker High School (high), Cape Coral High School (high), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$465,000 runs 272% above the CAPE CORAL 33993 median.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Fresh on the market
Only 4 days on market in a Cape Coral market that averages 45 — if it fits, move quickly.
04Strong assigned schools
Mariner High School, Mariner Middle School, Hector A. Cafferata Junior Elementary School, Trafalgar Elementary School, Challenger Middle School, Patriot Elementary School, Skyline Elementary School, Island Coast High School, Ida S. Baker High School, Cape Coral High School, North Fort Myers High School — Challenger Middle School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of JOHN R. WOOD PROPERTIES · Nelson Rua. MLS #C7532861.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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