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302 1st Terrace, Cape Coral
New construction
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SE CAPE · 33990 · Canal

302 1st Terrace

Cape Coral, FL 33990

$448,200
New construction Reduced $31K Zone X

$192 / sq ft · 143 days on market

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  • 4 Beds
  • 2 Baths
  • 2,330 Sq ft
  • 2026 Built
  • 0.23 ac Lot

How this home is priced

List price $448,200, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 112 days.

$192

Per sq ft

Sold median $239

+12.1%

vs median sold

$400K median

112 days

Median days to close

New construction

99%

Sold-to-list

Typical negotiation

Builder & community

Builder
Adams Homes
Community
CAPE CORAL
Subdivision
CAPE CORAL
MLS status
Active
See all Adams Homes homes

Utilities & assessments

Cape Coral's Utilities Extension Project converts well-and-septic streets to city water; the assessment follows the property.

Water
Assessment Paid, Public
Sewer
Assessment Paid, Public Sewer
Utility assessment
None on record

City water & sewer connected

Source: MLS. Verify current and future utility assessment status with the City of Cape Coral and the seller.

Flood zone Zone X

Minimal flood risk. Flood insurance is optional for most lenders and typically inexpensive on a new build. Read the flood-zone guide.

About this home

NEW concrete seawall on the Moro Canal with CITY WATER/sewer/reclaimed water & ASSESSMENTS PAID. NO FLOOD INSURANCE REQUIRED *ZONE X* ASK ABOUT INCENTIVES! NEW CONSTRUCTION = NEW ELEVATION + NEW WIND LOAD BUILD CODES + BUILDER WARRANTY! This is the Perfect 4 bedroom, 2 bathroom, 2 car garage ranch with 2330 sq ft of highly functional space on a gorgeous Canal Lot in the Heart of Cape Coral. High Volume Ceilings, Plank Tile & Granite Throughout, - Copious Natural Lighting, Southern Rear Exposure from your 23'x8' covered lanai, - Parade of Homes winner for best feature "Integrated Family Living Space" *MLS Listing Data Subject to Errors & Omissions**Price & Availability Subject to Change*

Home features

Bedrooms
4
Bathrooms
2
Living area
2,330 sqft
Garage
2-car
Pool
No
Waterfront
Canal Access
Lot
0.23 acres
Stories
1
Year built
2026

Property details

MLS #
1174186262
Status
Active · New construction
MLS status
Active
Property type
Single-family residence
Subdivision
CAPE CORAL
Listed
Jun 12, 2026
Days on market
143
ZIP
33990
County
Lee County
Water
Assessment Paid, Public
Sewer
Assessment Paid, Public Sewer

Location

Open in Maps
CP

Listing agent

Craig Pomfret

Adams Homes Realty Inc

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The data relating to real estate for sale on this website comes in part from the Southwest Florida MLS. Real estate listings held by brokerage firms other than the listing broker are marked with the IDX logo. Information deemed reliable but not guaranteed. © 2026 Southwest Florida MLS. Listing courtesy of Adams Homes Realty Inc.

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